20-F/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 20-F/A

Amendment No. 1

(Mark One)

☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934

OR

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2019

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                  to                 

OR

☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of event requiring this shell company report                 

Commission file number 001-38882

HeadHunter Group PLC

(Exact name of Registrant as specified in its charter)

Not Applicable

(Translation of Registrant’s name into English)

Cyprus

(Jurisdiction of incorporation or organization)

9/10 Godovikova St. Moscow, 129085, Russia

(Address of principal executive offices)

Mikhail Zhukov

Chief Executive Officer Telephone: +7 495 974 6427

HeadHunter Group PLC

9/10 Godovikova St.

Moscow, 129085, Russia

(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)

Securities registered or to be registered, pursuant to Section 12(b) of the Act

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Ordinary shares, nominal value €0.002 per share	HHR	The Nasdaq Global Select Market

Securities registered or to be registered pursuant to Section 12(g) of the Act: None

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None

Indicate the number of outstanding shares of each of the issuer’s classes of capital stock or common stock as of the close of the period covered by the annual report. 50,000,000 ordinary shares

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes  ☐    No  ☒

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.     Yes  ☐    No  ☒

Note—Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes  ☒    No  ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).     Yes  ☒    No  ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Emerging growth company ☒

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP  ☐	International Financial Reporting Standards as issued	Other  ☐
	by the International Accounting Standards Board  ☒

If “Other” has been checked in response to the previous question indicate by check mark which financial statement item the registrant has elected to follow.    Item 17  ☐    Item 18  ☐

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ☐    No  ☒

Explanatory Note

This Amendment No. 1 to the Annual Report on Form 20-F of HeadHunter Group PLC (“the Company”) amends the Company’s Annual Report on Form 20-F for the year ended December 31, 2019 (the “Original 20-F”), which was filed with the Securities and Exchange Commission on March 16, 2020. The Company is filing this Amendment No. 1 solely to furnish Exhibit 101, which was not included in the Original 20-F. Exhibit 101 contains interactive data files in eXtensible Business Reporting Language (XBRL).

Except as described above, this Amendment No. 1 does not, and does not purport to, amend, modify, update or restate any information set forth in the Original 20-F, and the Company has not updated disclosures included therein to reflect any events that occurred subsequent to March 16, 2020.

Pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed furnished and not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, and are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and are otherwise not subject to liability under those sections.

PART III

Item 19. Exhibits

Exhibit No.	Description
101.INS*	XBRL Instance Document.
101.SCH*	XBRL Taxonomy Extension Schema Document.
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF*	XBRL Taxonomy Definition Linkbase Document.
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document

* Filed herewith.

SIGNATURES

The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this Amendment No. 1 to Annual Report on Form 20-F on its behalf.

	HeadHunter Group PLC
Date: April 13, 2020	By:	/s/ Mikhail Zhukov
	Name: Mikhail Zhukov
	Title: Chief Executive Officer
	By:	/s/ Grigorii Moiseev
	Name: Grigorii Moiseev
	Title: Chief Financial Officer

XML

Related parties - Summary of board of directors remuneration (Detail) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽)
Disclosure Of Board Of Directors Remuneration [Abstract]
Cash compensation	₽ 17,281
Equity awards	15,025
Pension contributions	2,930
Other social contributions	195
Total remuneration	₽ 35,431

XML

Commitments - Additional Information (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Entering into significant commitments or contingent liabilities [member] | Office Premises [Member]
Statement [Line Items]
Contractual commitments for renovation of office premises	₽ 9,648	₽ 40,653

XML

Equity-accounted investees

12 Months Ended

Dec. 31, 2019

Disclosure Of Financial Information Of Associate Accounted For Using Equity Method To Carrying Amount Of Interest In Associate [Abstract]

Equity-accounted investees

15. Equity-accounted investees

On May 6, 2019, the Group has registered the 25.01% ownership interest in Russian HR technology company LLC “Skilaz” (hereinafter – Skillaz), which automates routine recruiting processes by implementing complex built-to-suit integration projects. The principal place of Skillaz’ business is Russia.

The Group concluded that it has significant influence over Skillaz as the Group has a power to participate in the financial and operating policy decisions through its representation in Skillaz’s General meeting of participants. Thus, the Group’s ownership interest in Skillaz represents an investment in an associate and accounted for it under the equity method starting May 6, 2019.

In January 2020 the Group finalised purchase price allocation for Skillaz acquisition. The fair value of the identifiable assets and liabilities of Skillaz at the date of acquisition has been calculated with reference to its value in use (Level 3) and were as follows:

in thousands of Russian Roubles)

	Fair value
Non-current assets		135,059
Current assets		100,714
Non-current liabilities		(20,168	)
Current liabilities		(13,158	)
Total net assets (100%)		202,447
Group’s share of net assets (25.01%)		50,632

The Group also has concluded option contracts to purchase the additional 40.01% ownership interest in LLC “Skilaz”, which are exercisable through the period from June 1, 2020 till June 30, 2021 (the call option). The fair value of the call option has been calculated using the Black Scholes Merton (“BSM”) pricing model as the date of acquisition and at the reporting date (Level 3), taking into account the terms and conditions on which the call option was acquired, and based on the expected business enterprise value at the acquisition date and at the reporting date. The key assumptions used in the estimation of the business enterprise value are consistent with the inputs in the impairment test as disclosed in note 15(i) below.

The weighted average assumptions used in the BSM pricing model were as follows: expected volatility – 40%, risk-free interest rate – 7%.

The fair value of the call option is RUB 25,341 thousand as of December 31, 2019 and presented within line “Other financial assets” in the consolidated statement of financial position.

Goodwill on transaction was calculated as the excess of the consideration transferred by the Group over the share in the fair value of the net assets acquired and the fair value of the call option.

	Total
Call option		25,341
Group’s share of net assets (25.01%)		50,632
Goodwill		158,757
Cash consideration transferred		234,730

Goodwill related to the associate amounted to RUB 158,757 thousand and is included in the carrying amount of the investment in associate.

Goodwill is mainly attributable to the potential of Skillaz to further enhance its position in the Applicants Tracking Systems market, as well as prospects of potential synergies with the Group’s products.

The following table summarises the financial information of Skillaz as of December 31, 2019 and for the period from May 6, 2019 till December 31, 2019, as included in its own financial statements, adjusted for fair value adjustments at acquisition and differences in accounting policies. The table also reconciles the summarised financial information to the carrying amount of the Group’s interest in Skillaz.

(in thousands of Russian Roubles)

	December 31, 2019
Percentage ownership interest		25.01	%
Non-current assets		95,717
Current assets		70,697
Non-current liabilities		(26,606	)
Current liabilities		(59,479	)
Net assets (100%)		80,329
Group’s share of net assets (25.01%)		20,090
Goodwill		158,757
Carrying amount of the Group’s interest in associate		178,847
	Period from May 6, 2019 till December 31, 2019
Revenue		67,701
Loss from continuing operations (100%)		(122,118	)
Total comprehensive loss (100%)		(122,118	)
Group’s share of total comprehensive loss (25.01%)		(30,542	)

The associate had no contingent liabilities or capital commitments as at December 31, 2019.

(i) Impairment test

The investment in associate was identified as a separate CGU. The recoverable amount of the CGU represented its value in use, determined by reference to discounted future cash flows generated from the continuing use of the CGU. The key assumptions used in the estimation of the CGU’s recoverable amount represented management’s assessment of future trends in the associate’s business and were based on the relevant external and internal historical data. Cash flows were forecasted based on past experience, actual operating results and the associate’s business plan and based on the following key assumptions: revenue growth rates, EBITDA margin, discount rate, and terminal value growth rate. At December 31, 2019 the estimated recoverable amounts of the CGU exceeded its carrying amounts.

Revenue growth rates and EBITDA margin were forecasted taking into account the estimated sales volume and price growth for the next eight years taking into account an uncertainty associated with the start-up business. Management expects that the revenue will grow at a CAGR of 46% from 2019 to 2027. The expected EBITDA margin in 2027 is 20.6%. The pre-tax discount rate applied to the cash flow projections is 20.01%, the annual growth rate for the forecasted cash flows after 2027 year is 2.9%.

Management estimated that a decrease in revenues by 10%, or a decrease in EBITDA by 15%, or an increase in the discount rate by 5 percentage points would not result in impairment of the investment in the associate.

XML

Cover	12 Months Ended
	Dec. 31, 2019 shares
Cover [Abstract]
Document Type	20-F/A
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Document Period End Date	Dec. 31, 2019
Entity Registrant Name	HeadHunter Group PLC
Entity Central Index Key	0001721181
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Shell Company	false
Trading Symbol	HHR
Document Annual Report	true
Entity Interactive Data Current	Yes
Entity Ex Transition Period	false
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Entity File Number	001-38882
Title of 12(b) Security	Ordinary shares
Security Exchange Name	NASDAQ
Entity Address, Country	CY
Entity Common Stock, Shares Outstanding	50,000,000

XML

Capital and reserves

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Capital and reserves

19. Capital and reserves

(a) Share capital

(Number of shares, unless stated otherwise)
	December 31, 2019		December 31, 2018
Number of shares issued		50,000,000		50,000,000
Number of shares authorized		60,000,000		50,000,000
Par value		EUR 0.002		EUR 0.002
Share capital, RUB thousands		8,547		8,547

The Company issued 1,000 ordinary shares on May 28, 2014 in exchange for contribution in cash of RUB 47 thousand that were allocated to Share capital and 99,000 ordinary shares on February 24, 2016 in exchange for contribution in cash of RUB 5,000,000 thousand, of which RUB 8,500 thousand were allocated to Share capital and RUB 4,991,500 thousand to Share premium.

All shares issued are fully paid.

On March 1, 2018 the Registrar of Companies of Cyprus registered the subdivision of the existing Company’s share capital of 100,000 ordinary shares of EUR 1.00 each into 50,000,000 ordinary shares of EUR 0.002 each.

On October 24, 2019, the shareholders approved the increase of the authorized share capital of the Company from 50,000,000 shares to 60,000,000 shares.

(b) Ordinary shares

The holders of ordinary shares are entitled to receive dividends as declared from time to time, and are entitled to one vote per share at meetings of shareholders.

(c) Share premium

As at December 31, 2017 the share premium included a contribution of RUB 4,991,500 thousand received from shareholders on February 24, 2016 and an amount of RUB 91,998 thousand attributable to the management incentive agreement.

On January 29, 2018 the District Court of Nicosia (Cyprus) has issued a court order ratifying the reduction of the share premium of the Company by RUB 3,422,874 thousand. On February 16, 2018 the Registrar of Companies of Cyprus has registered the reduction of the Group’s share premium by RUB 3,422,874 thousand based on the shareholders resolution and the court order. This reduction was offset against retained earnings.

As at December 31, 2018 the share premium included a contribution of RUB 1,568,626 thousand and an amount of RUB 160,774 thousand attributable to the management incentive agreement (see note 20(a)).

As at December 31, 2019 the share premium included a contribution of RUB 1,568,626 thousand and an amount of RUB 295,251 thousand attributable to the equity-settled awards (see note 20(a) and 29(b)).

(d) Distributions to shareholders and non-controlling interest

(i) Distributions to shareholders

On May 28, 2019 the Board of Directors has approved dividend of $0.36 per share for the year ended December 31, 2018, which amounted to $18,000,000 or RUB 1,160,345 thousand. The dividends were paid to shareholders in July 2019.

During the year ended December 31, 2017 the Group made distributions to shareholders of RUB 3,375,197 thousand, partly financed with the loan in the amount of RUB 2,000,000 thousand obtained on October 5, 2017 from PJSC ‘VTB Bank’ (see note 21(a)) and partly offset by the outstanding shareholder loans granted in 2016.

(ii) Distributions to non-controlling interest

The Group subsidiaries in Kazakhstan and Belarus have declared dividends to the Group and to the non-controlling interest. Dividends declared by these entities to non-controlling shareholders amounted to RUB 126,460 thousand for the year ended December 31, 2019, RUB 79,850 thousand for the year ended December 31, 2018 and RUB 53,029 thousand for year ended December 31, 2017. Dividends settled by these entities to non-controlling shareholders (including withholding tax) amounted to RUB 131,456 thousand for the year ended December 31, 2019, RUB 77,629 thousand for the year ended December 31, 2018 and RUB 49,804 thousand for the year ended December 31, 2017.

(e) Foreign currency translation reserve

The translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations.

(f) Equity of parent company

Capital and reserves of the parent company HeadHunter Group PLC as at December 31, 2019 in accordance with local GAAP are presented in the table below.

(in thousands of Russian Roubles)

	December 31, 2019
Share capital		8,547
Share premium		1,581,467
Other reserves		(61	)
Retained earnings		1,593,391
Total equity		3,183,344

XML

Consolidated Statements of Cash Flows - RUB (₽) ₽ in Thousands		12 Months Ended
		Dec. 31, 2019		Dec. 31, 2018	[1]	Dec. 31, 2017
OPERATING ACTIVITIES:
Net income		₽ 1,581,026		₽ 1,032,845		₽ 462,802	[2]
Adjusted for non-cash items and items not affecting cash flow from operating activities:
Depreciation and amortization (note 13, 14, 23)		683,317		586,131		560,961	[2]
Net finance costs (note 11)		526,516		553,724		635,112	[2]
Net foreign exchange loss/(gain)		46,508		8,742		(96,300)	[2]
Gain on disposal of subsidiary (note 18)				(6,131)		(439,115)	[2]
Other non-cash items		5,690		1,616		(837)	[2]
Management incentive agreement, including social taxes (note 20)		196,993		78,648		74,851	[2]
Share-based payments to Board of directors (note 29(b))		12,842
Share of loss of equity-accounted investees, net of income tax (note 15)		30,542
Income tax expense (note 12)		644,422		509,602		820,503	[2]
Change in trade receivables and other operating assets		(90,218)		(8,029)		122,208	[2]
Change in contract liabilities		307,388		600,469		381,060	[2]
Change in trade and other payables		76,418		56,877		232,846	[2]
Change in other liabilities		147,685
Income tax paid		(975,655)		(693,803)		(498,379)	[2]
Interest paid (note 21(c))		(582,420)		(624,003)		(663,430)	[2]
Net cash generated from operating activities		2,611,054		2,096,688		1,592,282	[2]
INVESTING ACTIVITIES:
Acquisition of equity-accounted investee (note 15)		(234,730)
Proceeds from disposal of subsidiary, net of cash disposed of (note 18)				(10,847)		764,577	[2]
Acquisition of intangible assets		(97,818)		(134,702)		(106,646)	[2]
Acquisition of property and equipment		(381,648)		(119,942)		(65,010)	[2]
Interest received		77,079		90,943		57,257	[2]
Proceeds from repayment of loans to related parties	[2]					10,423
Proceeds from short-term deposits	[2]					19,655
Net cash (used in)/generated from investing activities		(637,117)		(174,548)		680,256	[2]
FINANCING ACTIVITIES:
Bank and other loans received (note 21(c))				270,000		2,000,000	[2]
Bank loan origination fees (note 21(c))	[2]					(14,412)
Bank and other loans repaid (note 21(c))		(1,325,000)		(690,000)		(100,000)	[2]
Payment for lease liabilities (notes 21(c), 23)		(61,376)
Dividends paid to shareholders (note 19(d), 21(c))		(1,133,501)				(3,109,631)	[2]
Dividends paid to non-controlling interest (note 19(d), 21(c))		(131,456)		(77,629)		(49,804)	[2]
Acquisition of non-controlling interests (note 21(c))		(2,107)
Net cash used in financing activities		(2,653,440)		(497,629)		(1,273,847)	[2]
Net (decrease)/increase in cash and cash equivalents		(679,503)		1,424,511		998,691	[2]
Cash and cash equivalents, beginning of year		2,861,110	[1]	1,416,008		324,712	[2]
Cash and cash equivalents included in assets held for sale, beginning of year				10,801		17,390	[2]
Effect of exchange rate changes on cash		(92,392)		9,790		86,016	[2]
Cash and cash equivalents, end of year, including cash balance classified in assets held for sale		2,089,215		2,861,110		1,426,809	[2]
Cash classified in assets held for sale	[2]					(10,801)
Cash and cash equivalents, end of year		₽ 2,089,215		₽ 2,861,110		₽ 1,416,008	[1]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

XML

Management incentive agreement - Summary Of Movements In Share Awards (Detail) - units	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Summary Of Movements In Share Awards [Abstract]
Outstanding at beginning of the period (units)	886	878
Granted during the period (units)	34	8
Forfeited during the period (units)	(30)
Exercised during the period (units)
Expired during the period (units)
Outstanding at end of the period (units)	890	886

XML

Changes in significant accounting policies

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Changes in significant accounting policies

4. Changes in significant accounting policies

Changes applicable from January 1, 2019

The Group adopted IFRS 16 Leases from January 1, 2019 (see A below).

A number of other new standards, amendments and interpretations are effective from January 1, 2019 but they do not have a material effect on the Group’s financial information.

A. IFRS 16 Leases

IFRS 16 introduced a single, on-balance sheet accounting model for lessees. As a result, the Group, as a lessee, has recognised right-of-use assets representing its rights to use the underlying assets and lease liabilities representing its obligation to make lease payments.

The Group has applied IFRS 16 using the modified retrospective approach. Accordingly, the comparative information presented for 2018 has not been restated and is presented, as previously reported, under IAS 17 and related interpretations. The details of the changes in accounting policies are disclosed below. Additionally, the disclosure requirements in IFRS 16 have not generally been applied to comparative information.

(i) Definition of a lease

Previously, the Group determined at contract inception whether an arrangement was, or contained, a lease under IFRIC 4 Determining Whether an Arrangement contains a Lease. The Group now assesses whether a contract is, or contains, a lease based on the new definition of a lease, as explained in Note 5(h).

On transition to IFRS 16, the Group elected to apply the practical expedient to grandfather the assessment of which transactions are leases, therefore it applied IFRS 16 only to contracts that were previously identified as leases. Contracts that were not identified as leases under IAS 17 and IFRIC 4 were not reassessed. Therefore, the definition of a lease under IFRS 16 has been applied only to contracts entered into or changed on or after January 1, 2019.

(ii) As a lessee

The Group leases several office premises. As a lessee, the Group previously classified leases as operating leases based on its assessment of whether the lease transferred substantially all of the risks and rewards of ownership. Under IFRS 16, the Group recognizes right-of-use assets and lease liabilities for long-term lease contracts and so these leases are on-balance sheet.

However, the Group elected not to recognize right-of-use assets and lease liabilities for short-term leases for office premises. The Group recognized the lease payments associated with these short-term leases as an expense on a straight-line basis over the lease term.

The Group presents right-of use assets and lease liabilities in the separate lines in the statement of financial position.

(iii) Transition

Previously, the Group classified leases for office premises as operating leases under IAS 17.

At transition, for long-term leases classified as operating leases under IAS 17, lease liabilities were measured at the present value of the remaining lease payments, discounted at the Group’s incremental borrowing rate as at January 1, 2019. Right-of-use assets are measured at an amount equal to the lease liability, adjusted by the amount of any prepaid or accrued lease payments.

The Group applied the exemption not to recognize right-of-use assets and liabilities for leases with less than 12 months of lease term.

(iv) Impacts on transition

On transition to IFRS 16, the Group recognized additional right-of-use assets and additional lease liabilities. The impact on transition is summarized below.

(in thousands of Russian Roubles)

	January 1, 2019
Right-of-use assets		345,051
Lease liabilities		(343,455	)
Prepaid expenses and other current assets		(1,596	)

When measuring lease liabilities for leases that were previously classified as operating leases, the Group discounted lease payments using its incremental borrowing rate at January 1, 2019. The weighted-average rate applied is 10.15%.

(in thousands of Russian Roubles)

	January 1, 2019
Operating lease commitment at December 31, 2018 as disclosed in the Group’s consolidated financial statements		443,292
Discounted using the incremental borrowing rate at January 1, 2019		343,455
Lease liabilities recognised at January 1, 2019		343,455

The impact on Segment EBITDA is disclosed in Note 7.

Changes applicable from January 1, 2018

The Group adopted IFRS 15 Revenue from Contracts with Customers (see B) and IFRS 9 Financial Instruments (see C) on January 1, 2018.

B. IFRS 15 Revenue from Contracts with Customers

IFRS 15 establishes a comprehensive framework for determining whether, how much and when revenue is recognised. It replaced IAS 18 Revenue, IAS 11 Construction Contracts and related interpretations.

The most significant impact on revenue recognition relates to our accounting for bundled subscriptions that include access to our CV database and allow customers to display job advertisements. Under IAS 18, the revenue attributable to these components was recognized collectively on a straight-line basis over the term of the bundled subscription arrangement. This is because the services are generally performed concurrently through an indeterminate number of acts and the estimated incremental cost of providing the services is insignificant such that our cost-plus-margin is not impacted if the cap on display of job advertisements is substantive for certain customers. Under IFRS 15 we have determined that the number of job advertisements displayed, an output method, provides the most faithful depiction of the value of the services transferred to customers for this performance obligation when the cap is substantive, which resulted in a deferral of revenue from bundled subscriptions as at January 1, 2017 and December 31, 2017.

The Group has adopted IFRS 15 using the full retrospective approach. The impact of transition to IFRS 15 on the opening balance of retained earnings on January 1, 2017 amounted to RUB 3,928 thousand.

Retrospective application of IFRS 15 has had the following effects on the amounts presented for 2017.

Consolidated Statement of Income and Comprehensive Income – for the year ended December 31, 2017

(in thousands of Russian Roubles)

	As previously reported for the year ended December 31, 2017			Adjustments			Restated amounts for the year ended December 31, 2017
Revenue		4,734,166			(1,627	)		4,732,539
Operating income		1,384,629			(1,627	)		1,383,002
Profit before income tax		1,284,932			(1,627	)		1,283,305
Income tax expense		(820,828	)		325			(820,503	)
Net income for the year		464,104			(1,302	)		462,802
Total comprehensive income, net of tax		518,879			(1,302	)		517,577

The Group does not present a statement of financial position as at January 1, 2017 and January 1, 2018, because the impact of transition on the financial position of the Group as at January 1, 2017 and January 1, 2018 is immaterial.

There was no material impact on the Group’s statement of cash flows for the year ended December 31, 2017, and on the basic and diluted earnings per share for the year December 31, 2017.

C. IFRS 9 Financial Instruments

IFRS 9 sets out requirements for recognising and measuring financial assets, financial liabilities and some contracts to buy or sell non-financial items. This standard replaces IAS 39 Financial Instruments: Recognition and Measurement.

(i) Classification and measurement of financial assets and financial liabilities

Information about the Group’s accounting policies relating to classification and measurement of financial assets is described in Note 5(c).

The following table below explain the original measurement categories under IAS 39 and the new measurement categories under IFRS 9 for each class of the Group’s financial assets as at January 1, 2018.

(in thousands of Russian Roubles)

January 1, 2018	Note	Original classification under IAS 39	New classification under IFRS 9	Original carrying amount under IAS 39		New carrying amount under IFRS 9
Financial assets
Trade and other receivables	16	Loans and receivables	Amortised cost		25,264		25,264
Cash and cash equivalents	17	Loans and receivables	Amortised cost		1,416,008		1,413,073
Total financial assets					1,441,272		1,438,337

(ii) Impairment – Financial assets and contract assets

Information about the Group’s accounting policies relating to impairment of financial assets is described in Note 5(g).

The following analysis provides further detail about the impact of adopting IFRS 9 on the opening balance.

Trade and other receivables

The estimated ECLs were calculated based on actual credit loss experience over the past three years.

Cash and cash equivalents

The estimated impairment on cash and cash equivalents was calculated based on the short maturities of the exposures.

The following table summarises the impact, net of tax, of transition to IFRS 9 on the opening balance of retained earnings.

(in thousands of Russian Roubles)

	Impact of adopting IFRS 9 on opening balance
Retained earnings
Recognition of expected credit losses under IFRS 9 (net of tax)		(2,935	)
Impact at January 1, 2018		(2,935	)

The Group has initially applied IFRS 9 at January 1, 2018 using the exemption allowing it not to restate comparative information for prior periods with respect to classification and measurement (including impairment) changes.

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Leases

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Leases

23. Leases

The Group leases several office premises.

See accounting policy in Notes 4 and 5.

(i) Right-of-use assets

(in thousands of Russian Roubles)

	Total
Balance at January 1, 2019		345,051
Additions to right-of-use assets		6,391
Modification of right-of use assets		2,756
Depreciation charge for the year		(74,365	)
Translation difference		(584	)
Balance at December 31, 2019		279,249

(ii) Lease liabilities

(in thousands of Russian Roubles)

	Total
Balance at January 1, 2019		343,455
New leases		6,391
Modification of leases		2,756
Interest on lease liabilities		32,941
Payment of interest on lease liabilities		(32,941	)
Payment of lease liabilities		(61,376	)
Translation difference		(608	)
Balance at December 31, 2019		290,618
including:
Current portion		59,816
Non-current portion		230,802

(iii) Amounts recognized in the consolidated statement of income and comprehensive income

(in thousands of Russian Roubles)

	2019
Leases under IFRS 16
Interest on lease liabilities		32,941
Depreciation charge on right-of-use assets		74,365
Expenses relating to short-term leases		16,394
Total		123,700
	2018
Operating leases under IAS 17
Lease expense		84,638

(iv) Amounts recognized in the consolidated statement of cash flows

(in thousands of Russian Roubles)

	2019
Total cash outflow for leases		110,710

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Loans and borrowings - Summary Of Reconciliation Of Liabilities Arising From Financing Activities (Detail) - RUB (₽) ₽ in Thousands		12 Months Ended
	Mar. 13, 2019	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure of detailed information about borrowings [line items]
Beginning Balance		₽ 6,443,532	₽ 6,840,518		₽ 4,909,099
Changes from financing cash flows
Bank loan received			270,000	[1]	2,000,000	[2]
Bank loan origination fees					(14,412)
Bank and Other loan repaid		(1,325,000)	(690,000)	[1]	(100,000)	[2]
Other loan received			270,000
Acquisition of non-controlling interest		(2,107)
Dividends paid		(1,264,957)	(77,629)
Repayment of lease liabilities		(61,376)
Distribution to shareholders					(3,109,631)
Dividends paid to non-controlling interest					(49,804)
Total changes from financing cash flows		(2,653,440)	(497,629)		(1,273,847)
Other changes
Interest accrued		598,859	644,326		706,036
Interest paid		(582,420)	(624,003)		(663,430)
New leases, including modifications		9,147
Distributions to shareholders and non-controlling interest		1,286,805	79,850		3,428,226
Forex gain		(26,844)
Foreign currency translation differences		579	470
Offset of shareholders' loans					(265,566)
Total other changes		1,286,126	100,643		3,205,266
Ending Balance		5,419,673	6,443,532		6,840,518
Bank Loan [member]
Changes from financing cash flows
Bank loan received					2,000,000
Bank and Other loan repaid		(1,055,000)	(690,000)		(100,000)
Other Loan [member]
Changes from financing cash flows
Bank and Other loan repaid	₽ (270,000)	(270,000)
Bank And Other Loans And Borrowings [member]
Disclosure of detailed information about borrowings [line items]
Beginning Balance		6,437,616	6,837,293		4,909,099
Changes from financing cash flows
Bank loan origination fees					(14,412)
Other loan received			270,000
Total changes from financing cash flows		(1,325,000)	(420,000)		1,885,588
Other changes
Interest accrued		565,918	644,326		706,036
Interest paid		(549,479)	(624,003)		(663,430)
Total other changes		16,439	20,323		42,606
Ending Balance		5,129,055	6,437,616		6,837,293
Bank And Other Loans And Borrowings [member] | Bank Loan [member]
Changes from financing cash flows
Bank loan received					2,000,000
Bank and Other loan repaid		(1,055,000)	(690,000)		(100,000)
Bank And Other Loans And Borrowings [member] | Other Loan [member]
Changes from financing cash flows
Bank and Other loan repaid		(270,000)
Lease liabilities [member]
Disclosure of detailed information about borrowings [line items]
Beginning Balance		343,455
Changes from financing cash flows
Repayment of lease liabilities		(61,376)
Total changes from financing cash flows		(61,376)
Other changes
Interest accrued		32,941
Interest paid		(32,941)
New leases, including modifications		9,147
Foreign currency translation differences		(608)
Total other changes		8,539
Ending Balance		290,618	343,455
Dividends Payables To Shareholders [member]
Changes from financing cash flows
Dividends paid		(1,133,501)
Distribution to shareholders					(3,109,631)
Total changes from financing cash flows		(1,133,501)			(3,109,631)
Other changes
Distributions to shareholders and non-controlling interest		1,160,345			3,375,197
Forex gain		(26,844)
Offset of shareholders' loans					(265,566)
Total other changes		1,133,501			3,109,631
Dividends Payables To Noncontrolling Interests [member]
Disclosure of detailed information about borrowings [line items]
Beginning Balance		5,916	3,225
Changes from financing cash flows
Acquisition of non-controlling interest		(2,107)
Dividends paid		(131,456)	(77,629)
Dividends paid to non-controlling interest					(49,804)
Total changes from financing cash flows		(133,563)	(77,629)		(49,804)
Other changes
Distributions to shareholders and non-controlling interest		126,460	79,850		53,029
Foreign currency translation differences		1,187	470
Total other changes		127,647	80,320		53,029
Ending Balance			5,916		₽ 3,225
Increase (decrease) due to changes in accounting policy required by IFRSs [member]
Disclosure of detailed information about borrowings [line items]
Beginning Balance		₽ 6,786,987
Other changes
Ending Balance			₽ 6,786,987

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Trade and other receivables (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of trade and other current receivables

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Trade receivables		52,462		32,858
Taxes receivable		2,647		2
Other receivables		2,799		7,858
Total trade and other receivables		57,908		40,718

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Income taxes (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of income tax expense

	For the year ended December 31,
	2019			2018			2017*
Current tax expense:
Current year		(923,760	)		(738,549	)		(507,454	)
Recognition of provision for uncertain tax positions		(336,326	)		—			—
Total current tax expense		(1,260,086	)		(738,549	)		(507,454	)
Deferred tax reversal:
Origination and reversal of temporary differences		168,630			228,947			12,220
Reversal of deferred tax on unremitted earnings		447,034			—			—
Total deferred tax reversal		615,664			228,947			12,220
Derecognition of indemnification asset		—			—			(325,269	)
Total income tax expense		(644,422	)		(509,602	)		(820,503	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Summary of income tax payable

	December 31, 2019		December 31, 2018
Current income tax payable		33,647		85,522
Provision for uncertain income tax positions (note 12(a))		336,326		—
Total income tax payable		369,974		85,522

Summary of reconciliation of effective tax rate

	For the year ended December 31,
	2019			2018			2017*
Profit before income tax		2,225,448			1,542,447			1,283,305
Income tax at 20% tax rate		(445,090	)		(308,489	)		(256,661	)
Effect of tax rates in foreign jurisdictions		(23,408	)		(40,204	)		5,070
Withholding tax on intra-group dividend and unremitted earnings		60,436			39,879			(105,771	)
Derecognition of indemnification asset		—			—			(325,269	)
Non-taxable gain from sale of subsidiary (note 18)		—			766			87,823
Unrecognized deferred tax asset		(113,047	)		(109,094	)		(141,207	)
Non-deductible interest expense		(18,421	)		(49,149	)		(48,079	)
Non-deductible expenses related to management incentive agreement		(35,485	)		(15,730	)		(15,789	)
Other net non-taxable income and (non-deductible expense)		(69,407	)		(27,581	)		(20,620	)
Total income tax expense		(644,422	)		(509,602	)		(820,503	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Summary of deferred tax assets and liabilities

	December 31, 2019			December 31, 2018
Deferred tax assets:
Unused vacation accruals		8,614			7,297
Employee benefits		13,323			9,926
Contract liabilities		135,203			90,159
Trade and other payables		7,728			4,066
Right-of-use assets and lease liabilities		4,139			—
Deferred tax assets netting		(19,172	)		(19,354	)
Total deferred tax assets		149,835			92,094
Deferred tax liabilities:
Property and equipment		(9,696	)		(6,895	)
Intangible assets		(9,476	)		(14,182	)
Intangible assets identified on Acquisition		(512,804	)		(595,962	)
Deferred tax on intra-group dividends and unremitted earnings		—			(472,555	)
Deferred tax liabilities netting		19,172			19,354
Total deferred tax liabilities		(512,804	)		(1,070,240	)
Net deferred tax liability		(362,969	)		(978,146	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Summary of movement in deferred tax balances

	January 1, 2019			Recognized in profit or loss			Effect of movement in exchange rates			December 31, 2019
Property and equipment		(6,895	)		(2,799	)		(2	)		(9,696	)
Intangible assets		(610,144	)		87,821			43			(522,280	)
Unused vacation accruals		7,297			1,384			(67	)		8,614
Employee benefits		9,926			3,448			(51	)		13,323
Contract liabilities		90,159			45,453			(409	)		135,203
Trade and other payables		4,066			3,667			(5	)		7,728
Right-of-use assets and lease liabilities		—			4,135			4			4,139
Deferred tax on intra-group dividends and unremitted earnings		(472,555	)		472,555			—			—
Net deferred tax liability		(978,146	)		615,664			(487	)		(362,969	)

	January 1, 2018			Recognized in profit or loss			Effect of movement in exchange rates			December 31, 2018
Property and equipment		960			(7,855	)		—			(6,895	)
Intangible assets		(700,167	)		90,007			16			(610,144	)
Unused vacation accruals		6,091			1,196			10			7,297
Employee benefits		8,020			1,881			25			9,926
Contract liabilities		52,542			37,482			135			90,159
Trade and other payables		5,454			(1,381	)		(7	)		4,066
Deferred tax on intra-group dividends and unremitted earnings		(579,502	)		106,947			—			(472,555	)
Net deferred tax liability		(1,206,602	)		228,277			179			(978,146	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Earnings per share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings per share [abstract]

Schedule of earnings per share

	For the year ended December 31,
	2019		2018*		2017**
Net income attributable to owners of the Company		1,448,018		949,307		400,189
Weighted average number of ordinary shares outstanding (note 19)		50,000,000		50,000,000		50,000,000
Effects of dilution from:
Share options (weighted average)		956,590		—		—
Weighted average number of ordinary shares outstanding adjusted for the effect of dilution		50,956,590		50,000,000		50,000,000
Earnings per share (in Russian Roubles per share)
Basic		28.96		18.99		8.00
Diluted		28.42		18.99		8.00

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

** The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Income taxes - Summary of movement in deferred tax balances (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Recognized in profit or loss	₽ 615,664	₽ 228,277
Effect of movement in exchange rates	(487)	179
Net deferred tax liability	(362,969)	(978,146)	₽ (1,206,602)
Property, plant and equipment [member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	(6,895)	960
Recognized in profit or loss	(2,799)	(7,855)
Effect of movement in exchange rates	(2)
Balance	(9,696)	(6,895)
Intangible assets other than goodwill [member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	(610,144)	(700,167)
Recognized in profit or loss	87,821	90,007
Effect of movement in exchange rates	43	16
Balance	(522,280)	(610,144)
Unused Vacation Accruals [Member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	7,297	6,091
Recognized in profit or loss	1,384	1,196
Effect of movement in exchange rates	(67)	10
Balance	8,614	7,297
Employee Benefits [Member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	9,926	8,020
Recognized in profit or loss	3,448	1,881
Effect of movement in exchange rates	(51)	25
Balance	13,323	9,926
Contract Liabilities [Member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	90,159	52,542
Recognized in profit or loss	45,453	37,482
Effect of movement in exchange rates	(409)	135
Balance	135,203	90,159
Trade and Other Receivable [Member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	4,066	5,454
Recognized in profit or loss	3,667	(1,381)
Effect of movement in exchange rates	(5)	(7)
Balance	7,728	4,066
Right Of Use Assets And Lease Liabilities [Member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Recognized in profit or loss	4,135
Effect of movement in exchange rates	4
Balance	4,139
Deferred Tax On Intra Group Dividends And Unremitted Earnings [Member]
Disclosure Of Movement In Deferred Tax Balances [Line Items]
Balance	(472,555)	(579,502)
Recognized in profit or loss	₽ 472,555	106,947
Balance		₽ (472,555)

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Basic of accounting - Additonal Information (Detail)	Dec. 31, 2019	May 30, 2016	Feb. 24, 2016
Basic Of Accounting [Line Items]
Percentage of interest acquired	100.00%	100.00%
Headhunter FSU Limited [Member]
Basic Of Accounting [Line Items]
Percentage of interest acquired			100.00%

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Changes in significant accounting policies - Summary of Consolidated Statement of Income and Comprehensive Income (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	[1]	Dec. 31, 2017
Disclosure of IFRS 15 application on the amounts presented for 2017
Revenue	₽ 7,788,741	₽ 6,117,773		₽ 4,732,539	[2]
Operating income	2,805,161	2,098,782		1,383,002	[2]
Profit before income tax	2,225,448	1,542,447		1,283,305	[2]
Income tax expense	(644,422)	(509,602)		(820,503)	[2]
Net income for the year	1,581,026	1,032,845		462,802	[2]
Total comprehensive income, net of tax	₽ 1,539,208	₽ 1,058,050		517,577	[2]
Previously stated [member]
Disclosure of IFRS 15 application on the amounts presented for 2017
Revenue				4,734,166
Operating income				1,384,629
Profit before income tax				1,284,932
Income tax expense				(820,828)
Net income for the year				464,104
Total comprehensive income, net of tax				518,879
Increase (decrease) due to changes in accounting policy and corrections of prior period errors [member]
Disclosure of IFRS 15 application on the amounts presented for 2017
Revenue				(1,627)
Operating income				(1,627)
Profit before income tax				(1,627)
Income tax expense				325
Net income for the year				(1,302)
Total comprehensive income, net of tax				₽ (1,302)

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Intangible assets and goodwill - Summary of goodwill allocated to CGUs - (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Disclosure Of Goodwill [Line Items]
Goodwill	₽ 6,954,183	₽ 6,989,255	[1]
Operating segments [member] | Russia [Member]
Disclosure Of Goodwill [Line Items]
Goodwill	6,607,362	6,607,362
Operating segments [member] | Kazakhstan [member]
Disclosure Of Goodwill [Line Items]
Goodwill	164,853	183,554
Operating segments [member] | Belarus [member]
Disclosure Of Goodwill [Line Items]
Goodwill	₽ 181,968	₽ 198,339

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Cash and cash equivalents (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of Cash and cash equivalents

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Petty cash		860		165
Bank balances		2,012,424		2,788,772
Call deposits		75,931		72,173
Total cash and cash equivalents		2,089,215		2,861,110

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Loans and borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of loans and borrowings

Loans and borrowings of the Group are presented in the table below.

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Long-term loans and borrowings:
Bank loan		4,064,501		5,203,692
Total		4,064,501		5,203,692
Current loans and borrowings:
Bank loan – current portion		1,064,554		962,362
Bank loan – interest		—		—
Other loan – principal		—		270,000
Other loan – interest		—		1,562
Total		1,064,554		1,233,924

Summary of reconciliation of liabilities arising from financing activities

The table below details changes in the Group’s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statement of cash flows as cash flows from financing activities.

(in thousands of Russian Roubles)

	Bank and other loans and borrowings (notes 21 (a), 21(b))			Lease liabilities (note 23)*			Dividends payables to shareholders (note 19(d))			Dividends payables to non- controlling interests (notes 19(d), 22)			Total
Balance at January 1, 2019		6,437,616			343,455			—			5,916			6,786,987
Changes from financing cash flows
Bank loan repaid		(1,055,000	)		—			—			—			(1,055,000	)
Other loan repaid		(270,000	)		—			—			—			(270,000	)
Acquisition of non-controlling interest		—			—			—			(2,107	)		(2,107	)
Dividends paid		—			—			(1,133,501	)		(131,456	)		(1,264,957	)
Repayment of lease liabilities		—			(61,376	)		—			—			(61,376	)
Total changes from financing cash flows		(1,325,000	)		(61,376	)		(1,133,501	)		(133,563	)		(2,653,440	)
Other changes
Interest accrued		565,918			32,941			—			—			598,859
Interest paid		(549,479	)		(32,941	)		—			—			(582,420	)
New leases, including modifications		—			9,147			—			—			9,147
Distributions to shareholders and non-controlling interest		—			—			1,160,345			126,460			1,286,805
Forex gain		—			—			(26,844	)		—			(26,844	)
Foreign currency translation differences		—			(608	)		—			1,187			579
Total other changes		16,439			8,539			1,133,501			127,647			1,286,126
Balance at December 31, 2019		5,129,055			290,618			—			—			5,419,673

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

(in thousands of Russian Roubles)

	Bank and other loans and borrowings (notes 21 (a), 21(b))			Dividends payables to non- controlling interests (note 19(d))			Total
Balance at January 1, 2018		6,837,293			3,225			6,840,518
Changes from financing cash flows
Other loan received		270,000			—			270,000
Bank loan repaid		(690,000	)		—			(690,000	)
Dividends paid		—			(77,629	)		(77,629	)
Total changes from financing cash flows		(420,000	)		(77,629	)		(497,629	)
Other changes
Interest accrued		644,326			—			644,326
Interest paid		(624,003	)		—			(624,003	)
Foreign currency translation differences		—			470			470
Distributions to shareholders and non-controlling interest		—			79,850			79,850
Total liability related other changes		20,323			80,320			100,643
Balance at December 31, 2018		6,437,616			5,916			6,443,532

(in thousands of Russian Roubles)

	Bank loan (notes 21 (a), 21(b))			Payables to shareholders (note 19 (d))			Dividends payable to non- controlling interest (notes 22, 19 (d))			Total
Balance at January 1, 2017		4,909,099			—			—			4,909,099
Changes from financing cash flows
Bank loan received		2,000,000			—			—			2,000,000
Bank loan origination fees		(14,412	)		—			—			(14,412	)
Bank loan repaid		(100,000	)		—			—			(100,000	)
Distribution to shareholders		—			(3,109,631	)		—			(3,109,631	)
Dividends paid to non-controlling interest		—			—			(49,804	)		(49,804	)
Total changes from financing cash flows		1,885,588			(3,109,631	)		(49,804	)		(1,273,847	)
Other changes
Interest accrued		706,036			—			—			706,036
Interest paid		(663,430	)		—			—			(663,430	)
Distributions to shareholders and non-controlling interest		—			3,375,197			53,029			3,428,226
Offset of shareholders’ loans		—			(265,566	)		—			(265,566	)
Total liability related other changes		42,606			3,109,631			53,029			3,205,266
Balance at December 31, 2017		6,837,293			—			3,225			6,840,518

XML

Financial instruments and risk management (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of maximum exposure to credit risk

The maximum exposure to credit risk at the reporting date was:

(in thousands of Russian Roubles)

	Carrying amount as at December 31,
	2019		2018
Trade receivables		52,462		32,858
Cash and cash equivalents		2,089,215		2,861,110
Total		2,141,677		2,893,968

Summary of exposure to foreign currency risk

The Group’s exposure to foreign currency risk was as follows:

(in thousands of Russian Roubles)

	December 31, 2019
	USD- denominated			EUR- denominated			KZT- denominated		BYN- denominated			RUB- denominated
Cash and cash equivalents		627,824			10			—		4			9,772
Trade and other payables		(6,781	)		(3,154	)		—		(253	)		(102	)
Net exposure		621,043			(3,144	)		—		(249	)		9,670

(in thousands of Russian Roubles)

	December 31, 2018
	USD- denominated			EUR- denominated			KZT- denominated			BYN- denominated		RUB- denominated
Cash and cash equivalents		27,192			4,361			—			—		8,317
Trade and other payables		(34,358	)		(10,006	)		(1,512	)		—		—
Net assets /(liabilities) related to intra-group loans		—			—			(100,143	)		5,984		—
Net exposure		(7,166	)		(5,645	)		(101,655	)		5,984		8,317

Summary of contractual maturities of financial liabilities

The following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts are gross and undiscounted, and include estimated interest payments and exclude the impact of netting agreements.

(in thousands of Russian Roubles)

At December 31, 2019

			Contractual cash flows
	Carrying amount		Total		Less than 1 year		1-2 yrs		2-5 yrs
Non-derivative financial liabilities
Bank loan		5,129,055		5,800,010		1,472,827		3,136,545		1,190,638
Lease liabilities		290,618		345,663		83,654		89,377		172,632
Trade and other payables		360,136		360,136		355,897		—		4,239
Total:		5,779,809		6,505,809		1,912,378		3,225,922		1,367,509

(in thousands of Russian Roubles)

At December 31, 2018

			Contractual cash flows
	Carrying amount		Total		Less than 1 year		1-2 yrs		2-5 yrs
Non-derivative financial liabilities
Bank loan		6,166,054		7,538,193		1,544,807		1,544,650		4,448,736
Other loan		271,562		279,551		279,551		—		—
Trade and other payables		307,080		307,080		307,080		—		—
Total		6,744,696		8,124,824		2,131,438		1,544,650		4,448,736

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Income tax payable - Additional Information (Detail) - RUB (₽) ₽ in Thousands	6 Months Ended		12 Months Ended
	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2017	Dec. 31, 2018
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Income tax rate			20.00%
Reversal of deferred tax on unremitted earnings			₽ 447,034
Provision for uncertain tax positions		₽ (447,034)	(336,326)
Reversal of provision for uncertain tax positions	₽ 110,708
Derecognition of indemnification asset				₽ 325,269
Unrecognized deferred tax assets	₽ 433,340		₽ 433,340		₽ 320,293

XML

Earnings per share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2019	May 28, 2019	May 08, 2019
Earnings per share [line items]
Number of shares issued by the entity to Board of Directors		20,000
Number of shares in relation to the management incentive and Board of Directors remuneration agreements	1,514,114
2016 HeadHunter Unit Option Plan [Member]
Earnings per share [line items]
Percentage of Awards to be settled in Shares	75.00%
Number of shares authorized			1,271,436
2018 HeadHunter Unit Option Plan [Member]
Earnings per share [line items]
Shares issued	222,678

XML

Operating segments - Summary of Segment EBITDA (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure Of segment EBITDA [Line Items]
External revenue	₽ 7,788,741	₽ 6,117,773	[1]	₽ 4,732,539	[2]
External expenses	(3,776,880)	(3,234,371)		(2,565,935)
Segment EBITDA	4,011,861	2,883,402		2,166,604
Russia Segment [Member]
Disclosure Of segment EBITDA [Line Items]
External revenue	7,211,762	5,700,424		4,358,479
Inter-segment revenue	252	92		336
External expenses	(3,480,172)	(2,991,883)		(2,344,578)
Inter-segment expenses	(10,806)	(13,281)		(12,291)
Segment EBITDA	3,721,036	2,695,352		2,001,946
Other Segments [Member]
Disclosure Of segment EBITDA [Line Items]
External revenue	576,979	417,349		374,060
Inter-segment revenue	10,692	13,361		13,514
External expenses	(202,636)	(195,085)		(195,104)
Inter-segment expenses	(378)	(289)		(1,542)
Segment EBITDA	384,657	235,336		190,928
Total Segments [Member]
Disclosure Of segment EBITDA [Line Items]
External revenue	7,788,741	6,117,773		4,732,539
Inter-segment revenue	10,944	13,453		13,850
External expenses	(3,682,808)	(3,186,968)		(2,539,682)
Inter-segment expenses	(11,184)	(13,570)		(13,833)
Segment EBITDA	4,105,693	2,930,688		2,192,874
Unallocated [Member]
Disclosure Of segment EBITDA [Line Items]
External expenses	(94,072)	(47,403)		(26,253)
Segment EBITDA	(94,072)	(47,403)		(26,253)
Eliminations [Member]
Disclosure Of segment EBITDA [Line Items]
Inter-segment revenue	(10,944)	(13,453)		(13,850)
Inter-segment expenses	11,184	13,570		13,833
Segment EBITDA	₽ 240	₽ 117		₽ (17)

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

XML

Operating costs and expenses (exclusive of depreciation and amortization) - Additional Information (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating Costs And Expenses [Abstract]
State pension fund contributions	₽ 291,211	₽ 212,229	₽ 172,028

XML

Leases - Summary Of Amounts Recognized In The Consolidated Statement Of Income And Comprehensive Income (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Disclosure of quantitative information about right-of-use assets [line items]
Interest on lease liabilities	₽ 32,941
Depreciation charge for the year	74,365
IFRS 16
Disclosure of quantitative information about right-of-use assets [line items]
Interest on lease liabilities	32,941
Depreciation charge for the year	74,365
Expenses relating to short-term leases	16,394
Total	₽ 123,700
IAS 17
Disclosure of quantitative information about right-of-use assets [line items]
Lease expense		₽ 84,638

XML

Financial instruments and risk management - Summary of maximum exposure to credit risk (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Statement [Line Items]
Maximum exposure to credit risk	₽ 2,141,677	₽ 2,893,968
Trade receivables
Statement [Line Items]
Maximum exposure to credit risk	52,462	32,858
Cash and cash equivalents
Statement [Line Items]
Maximum exposure to credit risk	₽ 2,089,215	₽ 2,861,110

XML

Operating segments

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Operating segments

7. Operating segments

(a) Basis for segmentation

The chief operating decision-maker (CODM) of the Group is the Board of Directors and the Chief Executive Officer. The CODM reviews the Group’s internal reporting in order to assess performance and allocate resources. Management has determined the operating segments based on these reports.

The Group’s operating segments are based on geography of the Group’s operations. Our operating segments are “Russia”, “Belarus”, “Kazakhstan”, “Estonia, Latvia and Lithuania” (of which we divested in March 2017, see note 18(b)) and other countries. As each segment other than Russia individually comprises less than 10% of revenue, for reporting purposes we combine all segments other than Russia into “Other segments” category.

(b) Information about reportable segments

The CODM assesses the performance of the operating segments based on a measure of Segment Revenue and Segment Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) (non-IFRS measure). Information related to each reportable segment is set out below.

The Group does not report total assets or total liabilities based on its operating segments.

Goodwill is allocated to reportable segments as described in note 14. Intangible assets other than goodwill are primarily related to “Russia” operating segment.

(in thousands of Russian Roubles)

	For the year ended December 31, 2019
	Russia			Other segments			Total segments			Unallocated			Eliminations			Total
External revenue		7,211,762			576,979			7,788,741			—			—			7,788,741
Inter-segment revenue		252			10,692			10,944			—			(10,944	)		—
External expenses		(3,480,172	)		(202,636	)		(3,682,808	)		(94,072	)		—			(3,776,880	)
Inter-segment expenses		(10,806	)		(378	)		(11,184	)		—			11,184			—
Segment EBITDA		3,721,036			384,657			4,105,693			(94,072	)		240			4,011,861
	For the year ended December 31, 2018*
	Russia			Other segments			Total segments			Unallocated			Eliminations			Total
External revenue		5,700,424			417,349			6,117,773			—			—			6,117,773
Inter-segment revenue		92			13,361			13,453			—			(13,453	)		—
External expenses		(2,991,883	)		(195,085	)		(3,186,968	)		(47,403	)		—			(3,234,371	)
Inter-segment expenses		(13,281	)		(289	)		(13,570	)		—			13,570			—
Segment EBITDA		2,695,352			235,336			2,930,688			(47,403	)		117			2,883,402

	For the year ended December 31, 2017**
	Russia			Other segments			Total segments			Unallocated			Eliminations			Total
External revenue		4,358,479			374,060			4,732,539			—			—			4,732,539
Inter-segment revenue		336			13,514			13,850			—			(13,850	)		—
External expenses		(2,344,578	)		(195,104	)		(2,539,682	)		(26,253	)		—			(2,565,935	)
Inter-segment expenses		(12,291	)		(1,542	)		(13,833	)		—			13,833			—
Segment EBITDA		2,001,946			190,928			2,192,874			(26,253	)		(17	)		2,166,604

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

** The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

(c) Reconciliation of information on reportable segments to IFRS measures

Reconciliation of consolidated profit before income tax to Segment EBITDA of the Group is presented below:

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019*			2018*			2017**
Consolidated profit before income tax		2,225,448			1,542,447			1,283,305
Adjusted for:
Depreciation and amortization		683,317			586,131			560,961
Gain on disposal of subsidiary		—			(6,131	)		(439,115	)
Net finance costs		526,516			553,724			635,112
Net foreign exchange loss/(gain)		46,508			8,742			(96,300	)
IPO-related costs		190,284			110,043			122,907
Insurance cover related to IPO		100,048			—			—
Management incentive agreement (note 20)		196,993			78,648			74,851
Share-based payments to Board of directors, including social taxes		15,025			—			—
Share of loss of equity-accounted investees (net of income tax)		30,542			—			—
One-off litigation settlements and legal costs		17,734			—			—
Transaction costs related to disposal of subsidiary		—			—			17,244
Restructuring costs		1,541			12,286			7,639
Reversal of expected credit loss		—			(2,488	)		—
Income from depositary		(22,095	)		—			—
Segment EBITDA (as presented to the CODM)		4,011,861			2,883,402			2,166,604

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. In applying IFRS 16, in relation to the leases that were classified as operating leases, the Group recognizes depreciation and interest costs, instead of operating lease expense (see Note 4(A)). The positive impact on Segment EBITDA for the year ended December 31, 2019 amounted to RUB 87,892 thousand. During the year ended December 31, 2019, in relation to those leases, the Group recognized RUB 74,365 thousand of depreciation charge (see Note 23(i)) and RUB 32,941 thousand of additional interest costs from leases (see Note 23(ii)).

** The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Reconciliation of consolidated operating costs and expenses (exclusive of depreciation and amortization) to Segment External expenses of the Group is presented below:

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018*			2017*
Consolidated operating costs and expenses (exclusive of depreciation and amortization)		4,300,263			3,432,860			2,788,576
Adjusted for:
IPO-related costs		(190,284	)		(110,043	)		(122,907	)
Insurance cover related to IPO		(100,048	)		—			—
Management incentive agreement (note 20)		(196,993	)		(78,648	)		(74,851	)
Share-based payments to Board of directors, including social taxes		(15,024	)		—			—
One-off litigation settlements and legal costs		(17,734	)		—			—
Transaction costs related to disposal of subsidiary		—			—			(17,244	)
Restructuring costs		(1,541	)		(12,286	)		(7,639	)
Reversal of expected credit loss		—			2,488			—
Other		(1,759	)		—			—
Segment External expenses (as presented to the CODM)		3,776,880			3,234,371			2,565,935

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

(d) Geographical information

The geographical information below analyses the Group’s revenue by country of domicile of a customer, including the Group’s principal country of operations and in all foreign countries.

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019		2018		2017*
Russia		7,170,042		5,652,024		4,324,594
All foreign countries
Kazakhstan		232,990		166,147		124,002
Belarus		343,964		234,389		157,603
Baltic countries		—		—		54,160
Other countries		41,745		65,213		72,180
		7,788,741		6,117,773		4,732,539

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

(e) Major customers

In all reporting periods no customer represented 10% or more of the Group’s total revenue.

XML

Significant subsidiaries - (Detail)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Headhunter LLC [Member] | Russia
Disclosure of subsidiaries [line items]
Country of incorporation	Russia
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%
Headhunter LLC [Member] | Ukraine
Disclosure of subsidiaries [line items]
Country of incorporation	Ukraine
Proportion of ownership interest in subsidiary			51.00%
Zemenik LLC [Member] | Russia
Disclosure of subsidiaries [line items]
Country of incorporation	Russia
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%
Headhunter FSU Limited [Member] | Cyprus
Disclosure of subsidiaries [line items]
Country of incorporation	Cyprus
Proportion of ownership interest in subsidiary	100.00%	100.00%	100.00%
Headhuner KZ LLC [Member] | Kazakhstan
Disclosure of subsidiaries [line items]
Country of incorporation	Kazakhstan
Proportion of ownership interest in subsidiary	66.00%	66.00%	66.00%
100 Rabot TUT LLC [Member] | Belarus
Disclosure of subsidiaries [line items]
Country of incorporation	Belarus
Proportion of ownership interest in subsidiary	50.00%	50.00%	50.00%

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Finance income and costs

12 Months Ended

Dec. 31, 2019

Finance Income [Abstract]

Finance income and costs

11. Finance income and costs

(a) Finance income

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019		2018		2017
Interest on term deposits		76,202		90,270		60,012
Interest on loans to related parties		—		—		10,912
Other finance income		562		332		—
Total finance income		76,764		90,602		70,924

(b) Finance costs

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018*			2017*
Interest accrued on bank loan (note 21(a))		(559,527	)		(642,764	)		(706,036	)
Interest accrued on other loan (note 21(b))		(6,391	)		(1,562	)		—
Interest accrued on lease liabilities (note 23)		(32,941	)		—			—
Other finance costs		(4,421	)		—			—
Total finance costs		(603,280	)		(644,326	)		(706,036	)

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Disposal of subsidiary - Schedule of results of subsidiary disposed (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure Of Disposal Of Major Subsidiary [Line Items]
Revenue	₽ 7,788,741	₽ 6,117,773	[1]	₽ 4,732,539	[2]
Operating costs and expenses (exclusive of depreciation and amortization)	4,300,263	3,432,860		2,788,576
Depreciation and amortization	(683,317)	(586,131)	[1]	(560,961)	[2]
Operating (loss)/income	2,805,161	2,098,782	[1]	1,383,002	[2]
Net finance costs	(603,280)	(644,326)	[1]	(706,036)	[2]
Net foreign exchange gain	(46,508)	(8,742)	[1]	96,300	[2]
(Loss)/profit before income tax	2,225,448	1,542,447	[1]	1,283,305	[2]
Net (loss)/income for the year	1,581,026	1,032,845	[1]	462,802	[2]
Attributable to:
Owners of the Company	1,448,018	949,307	[1]	400,189	[2]
Non-controlling interest	₽ 133,008	83,538	[1]	62,613	[2]
Disposal of major subsidiary [member]
Disclosure Of Disposal Of Major Subsidiary [Line Items]
Revenue		16,484		39,395
Operating costs and expenses (exclusive of depreciation and amortization)		(23,770)		(38,092)
Depreciation and amortization		(101)		(245)
Operating (loss)/income		(7,387)		1,058
Net foreign exchange gain		231		670
(Loss)/profit before income tax		(7,156)		1,728
Income tax recovery/(expense)		670		(345)
Net (loss)/income for the year		(6,486)		1,383
Attributable to:
Owners of the Company		(3,308)		706
Non-controlling interest		₽ (3,178)		678
Disposal of major subsidiary [member] | CV Keskus OU [Member]
Disclosure Of Disposal Of Major Subsidiary [Line Items]
Revenue				54,191
Depreciation and amortization				(38,307)
Operating (loss)/income				15,884
Net finance costs				(2)
(Loss)/profit before income tax				15,882
Net (loss)/income for the year				₽ 15,882

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about property, plant and equipment [abstract]

Summary of Detailed Information About Property, Plant and Equipment Useful Lives

The estimated useful lives for the current and comparative periods are as follows:

•  core systems equipment	2-5 years
•  office equipment	2-5 years
•  furniture and fixtures	2-5 years
•  leasehold improvements	3-5 years (the shorter of five years or the remaining period of the lease term)
•  other property and equipment	1-3 years

Summary of Detailed Information About Intangible Assets Useful Lives

The estimated useful lives for the current and comparative periods are as follows:

•  CV database	10 years
•  non-contractual customer relationships	5-10 years
•  domain names	10 years
•  patents and trademarks	10 years
•  website software	3 years
•  corporate, office software, licences and others	1-3 years

XML

Trade and other receivables - Summary of trade and other current receivables (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Disclosure of financial assets [line items]
Trade receivables	₽ 52,462	₽ 32,858
Taxes receivable	2,647	2
Other receivables	2,799	7,858
Total trade and other receivables	₽ 57,908	₽ 40,718	[1]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Subsequent events

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Subsequent events

30. Subsequent events

In addition to the commitments disclosed in note 27, on January 31, 2020 the Group concluded contract related to renovation of its office premises of RUB 65,082 thousand. These commitments are expected to be settled in 2020.

On March 11, 2020, the Board of Directors approved an interim dividend of $0.50 per share, which amounted to $25,000,000 or RUB 1,800,520 thousand. The dividends will be paid to shareholders in April 2020.

XML

Significant subsidiaries

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Significant subsidiaries

26. Significant subsidiaries

	Country of incorporation	December 31, 2019			December 31, 2018			December 31, 2017
Headhunter LLC	Russia		100	%		100	%		100	%
Zemenik LLC	Russia		100	%		100	%		100	%
Headhunter FSU Limited	Cyprus		100	%		100	%		100	%
Headhunter KZ LLC	Kazakhstan		66	%		66	%		66	%
100 Rabot TUT LLC1	Belarus		50	%		50	%		50	%
Headhunter LLC2	Ukraine		—			—			51	%

1  The Group includes the operations of 100 Rabot TUT LLC in its consolidated financial statements because it has the power to direct the operations of the subsidiary at its own discretion and for its own benefit through the representation of the majority of the Board members by the directors of the Company.

2  Disposed of in April 2018 (see note 18).

XML

Significant subsidiaries (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of subsidiaries [abstract]

Disclosure of subsidiaries

	Country of incorporation	December 31, 2019			December 31, 2018			December 31, 2017
Headhunter LLC	Russia		100	%		100	%		100	%
Zemenik LLC	Russia		100	%		100	%		100	%
Headhunter FSU Limited	Cyprus		100	%		100	%		100	%
Headhunter KZ LLC	Kazakhstan		66	%		66	%		66	%
100 Rabot TUT LLC1	Belarus		50	%		50	%		50	%
Headhunter LLC2	Ukraine		—			—			51	%

1  The Group includes the operations of 100 Rabot TUT LLC in its consolidated financial statements because it has the power to direct the operations of the subsidiary at its own discretion and for its own benefit through the representation of the majority of the Board members by the directors of the Company.

2  Disposed of in April 2018 (see note 18).

XML

Disposal of subsidiary (Tables)

12 Months Ended

Dec. 31, 2019

Statement [Line Items]

Summary of effect of disposal on the financial position

	For the year ended December 31, 2018
Consideration to be received		2,624
Less net liabilities, including:
Assets disposed		(19,162	)
Liabilities disposed		26,756
Total net liabilities		7,594
Less currency translation reserve released on disposal		44
Less non-controlling interest disposed		(4,131	)
Gain on disposal of subsidiary		6,131
Consideration received, satisfied in cash		—
Cash and cash equivalents disposed of		(10,847	)
Net cash outflow		(10,847	)

Summary of results of subsidiary disposed

	For the year ended December 31,
	2018			2017
Revenue		16,484			39,395
Operating costs and expenses (exclusive of depreciation and amortization)		(23,770	)		(38,092	)
Depreciation and amortization		(101	)		(245	)
Operating (loss)/income		(7,387	)		1,058
Net foreign exchange gain		231			670
(Loss)/profit before income tax		(7,156	)		1,728
Income tax recovery/(expense)		670			(345	)
Net (loss)/income for the year		(6,486	)		1,383
Attributable to:
Owners of the Company		(3,308	)		706
Non-controlling interest		(3,178	)		678

CV Keskus OU [Member]

Statement [Line Items]

Summary of effect of disposal on the financial position

	For the year ended December 31, 2017
Cash received		797,352
Less settlement of loan		(30,658	)
Less net assets, including:
Assets held for sale		(358,976	)
Liabilities held for sale		115,683
Total net assets		(243,293	)
Less currency translation reserve released on disposal		(84,286	)
Gain on disposal of subsidiary		439,115
Consideration received, satisfied in cash		797,352
Cash and cash equivalents disposed of		(32,775	)
Net cash inflow		764,577

Summary of results of subsidiary disposed

	For the year ended December 31, 2017
Revenue		54,191
Operating costs and expenses (exclusive of depreciation and amortization)		(38,307	)
Depreciation and amortization		—
Operating income		15,884
Net finance costs		(2	)
Profit before income tax		15,882
Income tax		—
Net income for the year		15,882

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Trade And Other Payables (Tables)

12 Months Ended

Dec. 31, 2019

Trade and other payables [abstract]

Disclosure of detailed information about trade and other payables

	December 31, 2019		December 31, 2018
Non-current trade and other payables
Payables to employees		4,239		13,967
Total		4,239		13,967
Current trade and other payables
Taxes payable		424,322		342,881
Trade payables		109,487		83,311
IPO-related accrued expenses		2,414		39,215
Payables to employees		214,548		164,069
Dividends payable to non-controlling interest		—		5,916
Other payables		29,448		20,485
Total		780,219		655,877

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Finance income and costs - Summary Of Finance Costs (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Finance costs [Abstract]
Interest accrued on bank loan (note 21(a))	₽ (559,527)	₽ (642,764)		₽ (706,036)
Interest accrued on other loan (note 21(b))	(6,391)	(1,562)
Interest accrued on lease liabilities (note 23)	(32,941)
Other finance costs	(4,421)
Total finance costs	₽ (603,280)	₽ (644,326)	[1]	₽ (706,036)	[2]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Operating segments - Summary of Geographical Information below Analyses the Group's Revenue by Country (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure Of Geographical Information Below Analyses The Groups Revenue By Country [Line Items]
Revenue	₽ 7,788,741	₽ 6,117,773	[1]	₽ 4,732,539	[2]
Russia
Disclosure Of Geographical Information Below Analyses The Groups Revenue By Country [Line Items]
Revenue	7,170,042	5,652,024		4,324,594
Kazakhstan
Disclosure Of Geographical Information Below Analyses The Groups Revenue By Country [Line Items]
Revenue	232,990	166,147		124,002
Belarus
Disclosure Of Geographical Information Below Analyses The Groups Revenue By Country [Line Items]
Revenue	343,964	234,389		157,603
Baltic countries
Disclosure Of Geographical Information Below Analyses The Groups Revenue By Country [Line Items]
Revenue				54,160
Other countries
Disclosure Of Geographical Information Below Analyses The Groups Revenue By Country [Line Items]
Revenue	₽ 41,745	₽ 65,213		₽ 72,180

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Operating segments - Additional Information (Detail) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽)
Statement [Line Items]
Impact of IFRS 16 on EBITDA	₽ 87,892
Depreciation, right-of-use assets	74,365
Interest expense on lease liabilities	₽ 32,941

XML

Revenue - Summary Of Receivables, Contract Assets And Contract Liabilities (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Receivables from contracts with customers [abstract]
Receivables, which are included in "Trade and other receivables"	₽ 52,462	₽ 32,858
Contract liabilities	₽ 2,367,416	₽ 2,072,640

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Earnings per share

12 Months Ended

Dec. 31, 2019

Earnings per share [abstract]

Earnings per share

8. Earnings per share

Basic earnings per share are calculated by dividing net income attributable to the owners of the Company by the weighted average number of ordinary shares of the Company outstanding over the period.

Diluted earnings per share are calculated by dividing the net income attributable to the owners of the Company by the weighted average number of ordinary shares outstanding over the period plus number of ordinary shares that would be issued if all existing convertible instruments, if any, were converted. As of the date of IPO May 8, 2019, the amended 2016 HeadHunter Unit Option Plan has become effective and fully vested. According to the plan, 75% of the awards provided by the plan will be settled in shares of the Company, which assumes issuance of up to 1,271,436 new shares over the period of 4 years from the date of the IPO (see Note 20(a)(i)). Also, on May 28, 2019 the Board of Directors has granted units under the 2018 HeadHunter Unit Option Plan, which will be settled in new shares of the Company over the period of 7 years from the grant date (see Note 20(a)(ii)). The number of shares to be issued depends on share price as of the vesting date. If units vested on December 31, 2019, then 222,678 new shares would have been issued. Also, the Board of Directors granted shares to its members on May 28, 2019 as part of their remuneration, which assumes issuance of up to 20,000 new shares over the period of 1 year from the date when directorship contracts became effective, which is the date of the IPO (see Note 29(b)). Accordingly, 1,514,114 new shares may be issued by the Company in total as of December 31, 2019 in relation to the management incentive and Board of Directors remuneration agreements (as of December 31, 2018 and 2017 – nil shares, as management incentive awards were to be satisfied by the shareholders at that time, see Note 20).

(in thousands of Russian Roubles, except number of shares and per share amounts)

	For the year ended December 31,
	2019		2018*		2017**
Net income attributable to owners of the Company		1,448,018		949,307		400,189
Weighted average number of ordinary shares outstanding (note 19)		50,000,000		50,000,000		50,000,000
Effects of dilution from:
Share options (weighted average)		956,590		—		—
Weighted average number of ordinary shares outstanding adjusted for the effect of dilution		50,956,590		50,000,000		50,000,000
Earnings per share (in Russian Roubles per share)
Basic		28.96		18.99		8.00
Diluted		28.42		18.99		8.00

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

** The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Financial instruments and risk management - Summary of contractual maturities of financial liabilities (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank loan	₽ 5,129,055	₽ 6,166,054
Lease liabilities	290,618	343,455
Other Loan		271,562
Trade and other payables	360,136	307,080
Nonderivative Financial Liabilities	5,779,809	6,744,696
Bank loan	5,800,010	7,538,193
Lease liabilities	345,663
Other Loan		279,551
Trade and other payables	360,136	307,080
Non-derivative financial liabilities, undiscounted cash flows	6,505,809	8,124,824
Less than 1 year
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank loan	1,472,827	1,544,807
Lease liabilities	83,654
Other Loan		279,551
Trade and other payables	355,897	307,080
Non-derivative financial liabilities, undiscounted cash flows	1,912,378	2,131,438
Later than one year and not later than two years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank loan	3,136,545	1,544,650
Lease liabilities	89,377
Trade and other payables	0
Non-derivative financial liabilities, undiscounted cash flows	3,225,922	1,544,650
Later than two years and not later than five years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank loan	1,190,638	4,448,736
Lease liabilities	172,632
Trade and other payables	4,239
Non-derivative financial liabilities, undiscounted cash flows	₽ 1,367,509	₽ 4,448,736

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Income taxes

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Income taxes

12. Income taxes

(a) Amounts recognized in profit or loss

As the Group generates most of its revenues and profits from operations in Russia, the Group’s applicable tax rate is the Russian corporate income tax rate of 20%.

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018			2017*
Current tax expense:
Current year		(923,760	)		(738,549	)		(507,454	)
Recognition of provision for uncertain tax positions		(336,326	)		—			—
Total current tax expense		(1,260,086	)		(738,549	)		(507,454	)
Deferred tax reversal:
Origination and reversal of temporary differences		168,630			228,947			12,220
Reversal of deferred tax on unremitted earnings		447,034			—			—
Total deferred tax reversal		615,664			228,947			12,220
Derecognition of indemnification asset		—			—			(325,269	)
Total income tax expense		(644,422	)		(509,602	)		(820,503	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

In June 2019, the Group has reversed its deferred tax liability on unremitted earnings of RUB 447,034 thousand and recognized provision for uncertain tax positions of RUB 447,034 thousand due to change in the parent company tax residency status (see note 1(a)) and applicable income tax rate on dividends and based on the Group interpretations of tax laws.

In September and December 2019, the Group has partially reversed its provision for uncertain tax positions totaling RUB 110,708 thousand for uncertain tax positions related to the closed tax year.

The indemnification asset in the amount of RUB 325,269 thousand represents an indemnity given by Mail.Ru Group Limited when it has sold Headhunter business to the Group on February 24, 2016 against additional tax amounts of RUB 325,269 thousand which were recorded as deferred tax liabilities. The indemnity expired on August 24, 2017. As a result, a charge in the amount of RUB 325,269 thousand was recognized within income taxes in our consolidated statement of income or comprehensive income for the year ended December 31, 2017.

(b) Income tax payable

(in thousands of Russian roubles)

	December 31, 2019		December 31, 2018
Current income tax payable		33,647		85,522
Provision for uncertain income tax positions (note 12(a))		336,326		—
Total income tax payable		369,974		85,522

(c) Reconciliation of effective tax rate

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018			2017*
Profit before income tax		2,225,448			1,542,447			1,283,305
Income tax at 20% tax rate		(445,090	)		(308,489	)		(256,661	)
Effect of tax rates in foreign jurisdictions		(23,408	)		(40,204	)		5,070
Withholding tax on intra-group dividend and unremitted earnings		60,436			39,879			(105,771	)
Derecognition of indemnification asset		—			—			(325,269	)
Non-taxable gain from sale of subsidiary (note 18)		—			766			87,823
Unrecognized deferred tax asset		(113,047	)		(109,094	)		(141,207	)
Non-deductible interest expense		(18,421	)		(49,149	)		(48,079	)
Non-deductible expenses related to management incentive agreement		(35,485	)		(15,730	)		(15,789	)
Other net non-taxable income and (non-deductible expense)		(69,407	)		(27,581	)		(20,620	)
Total income tax expense		(644,422	)		(509,602	)		(820,503	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

(d) Recognized deferred tax assets and liabilities

Deferred tax assets and liabilities are attributable to the following:

(in thousands of Russian roubles)

	December 31, 2019			December 31, 2018
Deferred tax assets:
Unused vacation accruals		8,614			7,297
Employee benefits		13,323			9,926
Contract liabilities		135,203			90,159
Trade and other payables		7,728			4,066
Right-of-use assets and lease liabilities		4,139			—
Deferred tax assets netting		(19,172	)		(19,354	)
Total deferred tax assets		149,835			92,094
Deferred tax liabilities:
Property and equipment		(9,696	)		(6,895	)
Intangible assets		(9,476	)		(14,182	)
Intangible assets identified on Acquisition		(512,804	)		(595,962	)
Deferred tax on intra-group dividends and unremitted earnings		—			(472,555	)
Deferred tax liabilities netting		19,172			19,354
Total deferred tax liabilities		(512,804	)		(1,070,240	)
Net deferred tax liability		(362,969	)		(978,146	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Unrecognized deferred tax assets as at December 31, 2019 were RUB 433,340 thousand (as at December 31, 2018 – RUB 320,293 thousand). They relate to tax losses of the Group’s subsidiaries. The tax losses do not expire under current Russian tax legislation. Deferred tax assets have not been recognised in respect of these tax losses because it is not probable that future taxable profit will be available against which the Group’s subsidiaries can utilise the benefits therefrom.

(e) Movement in deferred tax balances

(in thousands of Russian Roubles)

	January 1, 2019			Recognized in profit or loss			Effect of movement in exchange rates			December 31, 2019
Property and equipment		(6,895	)		(2,799	)		(2	)		(9,696	)
Intangible assets		(610,144	)		87,821			43			(522,280	)
Unused vacation accruals		7,297			1,384			(67	)		8,614
Employee benefits		9,926			3,448			(51	)		13,323
Contract liabilities		90,159			45,453			(409	)		135,203
Trade and other payables		4,066			3,667			(5	)		7,728
Right-of-use assets and lease liabilities		—			4,135			4			4,139
Deferred tax on intra-group dividends and unremitted earnings		(472,555	)		472,555			—			—
Net deferred tax liability		(978,146	)		615,664			(487	)		(362,969	)

(in thousands of Russian Roubles)

	January 1, 2018			Recognized in profit or loss			Effect of movement in exchange rates			December 31, 2018
Property and equipment		960			(7,855	)		—			(6,895	)
Intangible assets		(700,167	)		90,007			16			(610,144	)
Unused vacation accruals		6,091			1,196			10			7,297
Employee benefits		8,020			1,881			25			9,926
Contract liabilities		52,542			37,482			135			90,159
Trade and other payables		5,454			(1,381	)		(7	)		4,066
Deferred tax on intra-group dividends and unremitted earnings		(579,502	)		106,947			—			(472,555	)
Net deferred tax liability		(1,206,602	)		228,277			179			(978,146	)

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

XML

Leases - Summary Of Lease liabilities (Detail) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽)
Presentation of leases for lessee [abstract]
Beginning Balance	₽ 343,455
New leases	6,391
Modification of leases	2,756
Interest on lease liabilities	32,941
Payment of interest on lease liabilities	(32,941)
Payment of lease liabilities	(61,376)
Translation difference	(608)
Ending Balance	290,618
Current portion	59,816
Non-current portion	₽ 230,802

XML

Other liabilities - (Detail) ₽ in Thousands	Dec. 31, 2019 RUB (₽)
Disclosure of Other Liabilities [Abstract]
Advance from depositary	₽ 126,828
Total	126,828
Advance from depositary – current portion	23,880
Total	₽ 23,880

XML

Related parties

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Related parties

29. Related parties

Before completion of the IPO, the Group was controlled by immediate parent HIGHWORLD INVESTMENTS LTD and ultimate parent ELBRUS CAPITAL FUND II, L.P. After completion of the IPO, HIGHWORLD INVESTMENTS LTD owns 37.499994% of the shares and ELQ Investors VIII Limited owns 24.999996%, and both have significant influence on the Group.

(a) Transactions with Key management

Key management comprises the Chief Executive Officer, Chief Marketing Officer, Chief Financial Officer, Chief Strategy Officer, Chief Business Development Officer, Chief Product Officer and Chief Commercial Officer, who make all key decisions regarding running the business.

Key management received the following remuneration during reporting periods, which is included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in profit or loss:

(in thousands of Russian Roubles)

	For the years ended December 31,
	2019		2018		2017
Salary and bonus		116,784		129,194		80,627
Management incentive agreement, including related social taxes		167,004		53,290		61,207
Pension contributions		12,825		13,432		10,583
Other social contributions		6,404		6,824		4,950
Total remuneration		303,017		202,740		157,367

(b) Transactions with Board of Directors

Starting May 8, 2019, the Board of Directors comprises of nine members, including the three independent directors, who oversee the operations of the Group and supervise the policies of key management and the affairs of the Group.

The Board of Directors received the following remuneration during reporting periods, which is included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in profit or loss:

(in thousands of Russian Roubles)

	For the years ended December 31
	2019		2018		2017
Cash compensation		17,281		—		—
Equity awards		15,025		—		—
Pension contributions		2,930		—		—
Other social contributions		195		—		—
Total remuneration		35,431		—		—

(c) Transactions with other related parties

The Group’s other related party transactions mostly relate to the provision of services to subsidiaries of our shareholders.

The Group’s transactions with other related parties are disclosed below.

(in thousands of Russian Roubles)

	Loans granted to related parties				Services provided to and received from related parties
	Amounts owed by related parties		Interest income		Services provided to related parties		Amounts owed by related parties		Services received from related parties			Amounts owed to related parties
For the year ended and as of December 31, 2019
Shareholders of the Group		—		—		—		—		9,309	*		—
Subsidiaries of shareholders exercising significant influence over the Group		—		—		7,448		—		—			270
		—		—		7,448		—		9,309			270
For the year ended and as of December 31, 2018
Shareholders of the Group		—		—		—		1,129		—			—
Subsidiaries of shareholders exercising significant influence over the Group		—		—		2,593		—		—			1,478
		—		—		2,593		1,129		—			1,478
For the year ended and as of December 31, 2017
Shareholders of the Group		—		10,733		—		—		—			—
Subsidiaries of shareholders exercising significant influence over the Group		—		—		3,313		—		—			1,461
Minority shareholders		—		179		—		—		—			—
		—		10,912		3,313		—		—			1,461

* Represents reimbursement of road show expenses incurred by Goldman Sachs & Co. LLC in the course of the Group’s IPO.

All related party transactions were made in accordance with contractual terms and conditions agreed between the parties.

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Financial instruments and risk management

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Financial instruments and risk management

25. Financial instruments and risk management

The Group’s principal financial instruments are cash and cash equivalents. Other financial assets and liabilities include trade and other receivables and trade and other payables. Substantially all of the financial assets are neither past due nor impaired.

(a) Capital management policy

The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Group may make dividend payments to shareholders, return capital to shareholders or issue new shares.

According to the bank loan agreement (see note 21(a)), the Group is required to maintain positive net assets in its subsidiaries on unconsolidated level.

(b) Credit risk

Credit risk is the risk that a counterparty of the Group fails to meet its obligations. The carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk at the reporting date was:

(in thousands of Russian Roubles)

	Carrying amount as at December 31,
	2019		2018
Trade receivables		52,462		32,858
Cash and cash equivalents		2,089,215		2,861,110
Total		2,141,677		2,893,968

Trade receivables represent amounts owed by customers to the Group for the services provided. The Group’s customers come from various industries and none of the customers account for more than 10% of the revenues of the Group.

Cash and cash equivalents of the Group are primarily kept with Russian banks JSC ‘ALFA-BANK’ (credit ratings: Moody’s – Ba1, S&P – BB+) and PJSC ‘VTB Bank’ (credit ratings: S&P – A3). The Group limits its exposure to credit risk by holding cash and cash equivalents in the banks with high credit-ratings assigned by international credit-rating agencies.

(c) Currency risk

The Group’s exposure to the risk of changes in foreign exchange rates related primarily to the net assets of the Group’s subsidiaries denominated in a currency that is different from their functional currency. The functional currencies of Group’s companies are primarily the Russian Rouble (RUB), Belarus Rouble (BYN), and Kazakh Tenge (KZT). The net assets denominated in foreign currency mainly relate USD-denominated cash balances.

The Group’s exposure to foreign currency risk was as follows:

(in thousands of Russian Roubles)

	December 31, 2019
	USD- denominated			EUR- denominated			KZT- denominated		BYN- denominated			RUB- denominated
Cash and cash equivalents		627,824			10			—		4			9,772
Trade and other payables		(6,781	)		(3,154	)		—		(253	)		(102	)
Net exposure		621,043			(3,144	)		—		(249	)		9,670

(in thousands of Russian Roubles)

	December 31, 2018
	USD- denominated			EUR- denominated			KZT- denominated			BYN- denominated		RUB- denominated
Cash and cash equivalents		27,192			4,361			—			—		8,317
Trade and other payables		(34,358	)		(10,006	)		(1,512	)		—		—
Net assets /(liabilities) related to intra-group loans		—			—			(100,143	)		5,984		—
Net exposure		(7,166	)		(5,645	)		(101,655	)		5,984		8,317

Sensitivity analysis

The Group estimates that an appreciation of USD relative to the RUB by 10% would result in RUB 62,104 thousand gain before tax and increase of equity as at December 31, 2019 (as of December 31, 2018 – loss of RUB 717 thousand).

The Group has no exposure to the Kazakhstan Tenge (“KZT”) as at December 31, 2019.

The Group estimates that an appreciation of KZT relative to the RUB by 10% would result in RUB 10,166 thousand loss before tax and decrease of equity as at December 31, 2018.

The Group estimates that an appreciation of other currencies would not result in material loss before tax and decrease of equity as at December 31, 2019 and December 31, 2018.

The Group limits its exposure to currency risk by denominating substantial monetary assets and liabilities in currencies that match the cash flows generated by the underlying operations of the Group. In respect of monetary assets and liabilities denominated in foreign currencies, the Group’s policy is to ensure that its net exposure is kept to an acceptable level.

(d) Interest rate risk

Changes in interest rates impact primarily loans and borrowings by changing their future cash flows or fair value (see note 21 (a)). Management does not have a formal policy of determining how much of the Group’s exposure should be to fixed or variable rates. However, at the time of raising new loans or borrowings management uses its judgment to decide whether it believes that a fixed or variable rate would be more favourable to the Group over the expected period until maturity.

The Group is exposed to interest risk primarily on its loan from PJSC “VTB Bank”, which bears interest rate equal to Central Bank of Russia Key Rate + 2% (before October 5, 2017 – Central Bank of Russia Key Rate + 3.7%) as described in Note 21. A reasonably possible increase of Central Bank of Russia Key Rate by 2 percentage points in 2019 would have decreased net income and equity by RUB 115,834 thousand for the year ended December 31, 2019.

(e) Liquidity risk

Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. Liabilities of the Group exposed to liquidity risk are mainly consisting of bank loans payable, lease payables and trade and other payables repayable in the period less than one year (see notes 21, 22 and 23).

The Group manages liquidity risk by constantly reviewing forecasted cash flows to ensure that the Group has sufficient liquidity to maintain necessary capital expenditures and service the Group’s debt without incurring temporary cash shortfalls.

As at December 31, 2019 the Group’s current liabilities exceeded current assets by RUB 2,425,885 thousand. The Group’s current liabilities were mainly represented by contract liabilities of RUB 2,367,416 thousand. Due to the nature of the Group’s business, a substantial portion of customers pay upfront for subscriptions, thus contract liabilities arise. The Group expects that contract liabilities will continue to be significant and thus negative working capital will be maintained in the future periods. Management considers such structure of the working capital acceptable to the Group’s business model.

The following are the remaining contractual maturities of financial liabilities at the reporting date. The amounts are gross and undiscounted, and include estimated interest payments and exclude the impact of netting agreements.

(in thousands of Russian Roubles)

At December 31, 2019

			Contractual cash flows
	Carrying amount		Total		Less than 1 year		1-2 yrs		2-5 yrs
Non-derivative financial liabilities
Bank loan		5,129,055		5,800,010		1,472,827		3,136,545		1,190,638
Lease liabilities		290,618		345,663		83,654		89,377		172,632
Trade and other payables		360,136		360,136		355,897		—		4,239
Total:		5,779,809		6,505,809		1,912,378		3,225,922		1,367,509

(in thousands of Russian Roubles)

At December 31, 2018

			Contractual cash flows
	Carrying amount		Total		Less than 1 year		1-2 yrs		2-5 yrs
Non-derivative financial liabilities
Bank loan		6,166,054		7,538,193		1,544,807		1,544,650		4,448,736
Other loan		271,562		279,551		279,551		—		—
Trade and other payables		307,080		307,080		307,080		—		—
Total		6,744,696		8,124,824		2,131,438		1,544,650		4,448,736

It is not expected that the cash outflows included in the maturity analysis could occur significantly earlier, or at significantly different amounts.

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Capital and reserves - Disclosure Of Classes Of Share Capital (Detail) ₽ in Thousands	Dec. 31, 2019 RUB (₽) shares	Dec. 31, 2019 € / shares	Dec. 31, 2018 RUB (₽) shares		Dec. 31, 2018 € / shares	Mar. 01, 2018 shares	Feb. 28, 2018 shares
Disclosure of classes of share capital [abstract]
Number of shares issued	50,000,000		50,000,000
Number of shares authorised	60,000,000		50,000,000			50,000,000	100,000
Par value per share | € / shares		€ 0.002			€ 0.002
Issued capital | ₽	₽ 8,547		₽ 8,547	[1]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Changes in significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure Of Measuring Lease Liabilities For Leases Previously Classified As Operating Leases [Abstract]

Summary of Transition To IFRS 16

On transition to IFRS 16, the Group recognized additional right-of-use assets and additional lease liabilities. The impact on transition is summarized below.

(in thousands of Russian Roubles)

	January 1, 2019
Right-of-use assets		345,051
Lease liabilities		(343,455	)
Prepaid expenses and other current assets		(1,596	)

Summary of Measuring Lease Liabilities for Leases that were Previously Classified as Operating Leases

(in thousands of Russian Roubles)

	January 1, 2019
Operating lease commitment at December 31, 2018 as disclosed in the Group’s consolidated financial statements		443,292
Discounted using the incremental borrowing rate at January 1, 2019		343,455
Lease liabilities recognised at January 1, 2019		343,455

Summary of Consolidated Statement of Income and Comprehensive Income

Consolidated Statement of Income and Comprehensive Income – for the year ended December 31, 2017

(in thousands of Russian Roubles)

	As previously reported for the year ended December 31, 2017			Adjustments			Restated amounts for the year ended December 31, 2017
Revenue		4,734,166			(1,627	)		4,732,539
Operating income		1,384,629			(1,627	)		1,383,002
Profit before income tax		1,284,932			(1,627	)		1,283,305
Income tax expense		(820,828	)		325			(820,503	)
Net income for the year		464,104			(1,302	)		462,802
Total comprehensive income, net of tax		518,879			(1,302	)		517,577

Summary of Measurement Categories Under IAS 39 and the New Measurement Categories Under IFRS 9

The following table below explain the original measurement categories under IAS 39 and the new measurement categories under IFRS 9 for each class of the Group’s financial assets as at January 1, 2018.

(in thousands of Russian Roubles)

January 1, 2018	Note	Original classification under IAS 39	New classification under IFRS 9	Original carrying amount under IAS 39		New carrying amount under IFRS 9
Financial assets
Trade and other receivables	16	Loans and receivables	Amortised cost		25,264		25,264
Cash and cash equivalents	17	Loans and receivables	Amortised cost		1,416,008		1,413,073
Total financial assets					1,441,272		1,438,337

Summary of Impact Net of Tax of Transition To IFRS 9 On Retained Earnings

The following table summarises the impact, net of tax, of transition to IFRS 9 on the opening balance of retained earnings.

(in thousands of Russian Roubles)

	Impact of adopting IFRS 9 on opening balance
Retained earnings
Recognition of expected credit losses under IFRS 9 (net of tax)		(2,935	)
Impact at January 1, 2018		(2,935	)

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Cash and cash equivalents - Summary of Cash and cash equivalents (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017	[1]	Dec. 31, 2016	[2]
Disclosure Of Cash And Cash Equivalent [Abstract]
Petty cash	₽ 860	₽ 165
Bank balances	2,012,424	2,788,772
Call Deposits	75,931	72,173
Total cash and cash equivalents	₽ 2,089,215	₽ 2,861,110	[1]	₽ 1,416,008		₽ 324,712

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Related parties - Summary of transactions with other related parties (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disclosure of transactions between related parties [line items]
Loans granted to related parties, Interest income			₽ 10,912
Services provided to and received from related parties, Services received from related parties	₽ 7,448	₽ 2,593	3,313
Services provided to and received from related parties, Amounts owed by related parties		1,129
Services provided to and received from related parties, Services received from related parties	9,309
Services provided to and received from related parties, Amounts owed to related parties	270	1,478	1,461
Parent [member]
Disclosure of transactions between related parties [line items]
Loans granted to related parties, Interest income			10,733
Services provided to and received from related parties, Amounts owed by related parties		1,129
Services provided to and received from related parties, Services received from related parties	9,309
Subsidiaries of shareholders exercising significant influence over the Group [member]
Disclosure of transactions between related parties [line items]
Services provided to and received from related parties, Services received from related parties	7,448	2,593	3,313
Services provided to and received from related parties, Amounts owed to related parties	₽ 270	₽ 1,478	1,461
Minority Shareholders [Member]
Disclosure of transactions between related parties [line items]
Loans granted to related parties, Interest income			₽ 179

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Contingencies - Additional Information (Detail) - RUB (₽) ₽ in Millions	Dec. 31, 2019	Dec. 31, 2018
Tax contingent liability [member]
Statement [Line Items]
Estimated tax contingencies	₽ 871	₽ 719

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Management incentive agreement - Summary Of Weighted Average Assumptions Used For BSM Pricing Model (Detail) - 2016 HeadHunter Unit Option Plan [Member]	12 Months Ended
	Dec. 31, 2019 yr
Series 1 [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	39.00%
Risk-free interest rate	7.70%
Expected life at grant date (years)	5.66
Series 2 [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	39.00%
Risk-free interest rate	7.70%
Expected life at grant date (years)	3.24
Series 3 [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	39.00%
Risk-free interest rate	7.70%
Expected life at grant date (years)	3.24
Series 4 [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	39.00%
Risk-free interest rate	7.30%
Expected life at grant date (years)	2.99
Series 5 [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	39.00%
Risk-free interest rate	6.40%
Expected life at grant date (years)	1.66

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Functional and presentation currency

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Functional and presentation currency

3. Functional and presentation currency

These consolidated financial statements are presented in Russian Roubles (“RUB”), which is the Company’s functional and presentation currency. Financial information presented in RUB has been rounded to the nearest thousand, except when otherwise indicated.

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Other liabilities

12 Months Ended

Dec. 31, 2019

Disclosure of Other Liabilities [Abstract]

Other liabilities

24. Other liabilities

In connection with IPO, the Group have signed the Deposit Agreement for the five years from May 8, 2019 till May 8, 2024, in accordance with which the Group has received the advance in the amount of RUB 169,780 thousand from the depositary as a consideration for the serving as a sole depositary of the Group’s ADSs during the contract period. The income is recognized on a straight-line basis over the period of the contract (taking into account the significant financing component) and totalling RUB 22,095 thousand for the year ended December 31, 2019. The income is presented within line “Other income” in the consolidated statement of income and other comprehensive income.

The advance is presented within line “Non-current other liabilities” and “Current other liabilities” in the consolidated statement of financial position, and a change in the other liabilities relating to the Deposit Agreement of RUB 147,685 thousand is included in the line “Change in other liabilities” in the consolidated statement of cash flows.

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Non-current other liabilities
Advance from depositary		126,828		—
Total		126,828		—
Current other liabilities
Advance from depositary – current portion		23,880		—
Total		23,880		—

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Loans and borrowings - Additional Information (Detail) - RUB (₽) ₽ in Thousands			1 Months Ended	12 Months Ended
	Mar. 13, 2019	Oct. 05, 2017	May 31, 2016	Dec. 31, 2019	Dec. 31, 2018	[1]	Dec. 31, 2017	[2]	Apr. 22, 2019	May 30, 2016
Disclosure of detailed information about borrowings [line items]
Borrowings, obtained					₽ 270,000		₽ 2,000,000
Percentage of voting interest acquired				100.00%						100.00%
Borrowings Interest Rate Basis				Central Bank of Russia Key Rate + 2%
Borrowings, interest rate spread				2.00%
Borrowings maturity				October 2022
Borrowings, Repaid				₽ 1,325,000	₽ 690,000		₽ 100,000
Seven Million Bank Loan [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings, face amount		₽ 7,000,000		7,000,000
Borrowings, obtained		2,000,000
Five Million Bank Loan [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings, face amount		₽ 5,000,000
Borrowings, obtained			₽ 5,000,000
Credit Facility [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings, face amount									₽ 3,000,000
Other Loan [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings, Repaid	₽ 270,000			₽ 270,000

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Trade and other receivables

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Trade and other receivables

16. Trade and other receivables

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Trade receivables		52,462		32,858
Taxes receivable		2,647		2
Other receivables		2,799		7,858
Total trade and other receivables		57,908		40,718

The Group has recognised allowance for impairment losses of RUB 3,781 thousand and RUB 3,902 thousand as at December 31, 2019 and 2018, respectively, within line “Trade and other receivables” in the consolidated statement of financial position.

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Management incentive agreement

12 Months Ended

Dec. 31, 2019

Management Incentive Agreement [Abstract]

Management incentive agreement

20. Management incentive agreement

(a) Equity-settled awards

(i) 2016 HeadHunter Unit Option Plan

In 2016, the shareholders of the Group established an incentive program that provides key management of the Group with rights to receive cash payments if a “liquidity event” occurs. “Liquidity event” includes either an Initial Public Offering (hereinafter – “IPO”) or Sale (initial or subsequent) of the Company’s shares by shareholders. The amount of payment is conditional on share price at the date of the liquidity event. In the initial plan the participants of the program were not entitled to receive shares of the Company. The Group has no liability to make cash payments to management, therefore the program was classified by the Group as equity-settled.

The following awards were issued as at December 31, 2019:

Awards series	Number of units		Grant date	Exercise price (per unit)		Fair value at grant date
				RUB’000		RUB’000
Series 1		801	May 10, 2016		500		160,871
Series 2		20	September 1, 2017		500		25,511
Series 3		15	September 1, 2017		900		15,415
Series 4		12	December 1, 2017		900		13,070
Series 5		8	March 1, 2018		900		8,478
Series 6		14	May 28, 2019		500		27,671
Series 7		20	May 28, 2019		1,250		22,191

A unit is defined in the 2016 HeadHunter Unit Option Plan as 0.005% of net proceeds from a “liquidity event”.

The fair value of the awards of Series 1 – Series 5, which were granted before the completion of the IPO, was estimated at the grant date using the Black Scholes Merton (“BSM”) pricing model, taking into account the terms and conditions on which the awards were granted. The fair value of the awards was calculated based on the expected business enterprise value at the grant date.

The weighted average assumptions used in the BSM pricing model for grants made were as follows:

	Awards series
	Series 1			Series 2			Series 3			Series 4			Series 5
Expected volatility		39	%		39	%		39	%		39	%		39	%
Expected dividend yield		—			—			—			—			—
Risk-free interest rate		7.7	%		7.7	%		7.7	%		7.3	%		6.4	%
Expected life at grant date (years)		5.66			3.24			3.24			2.99			1.66

Expected volatility was calculated based on actual experience of similar entities that have traded equity instruments.

The fair value of the awards of Series 6 – Series 7, which were granted after the completion of the IPO, is estimated at the grant date using the market price of the underlying shares, taking into account the terms and conditions on which the awards were granted.

The movement of the awards of Series 1 – 7 were as follows:

	For the year ended December 31,
	2019			2018
Outstanding at beginning of the period (units)		886			878
Granted during the period (units)		34			8
Forfeited during the period (units)		(30	)		—
Exercised during the period (units)		—			—
Expired during the period (units)		—			—
Outstanding at end of the period (units)		890			886

In April 2018 and March 2019 the Group amended the 2016 HeadHunter Unit Option Plan. In accordance with the amended Plan, if an IPO occurs, 25% of the awards will vest on the date of IPO and will be paid by the shareholders in cash and 18.75% will vest on each of the first, second, third and fourth anniversaries of IPO, and each will be settled in equity by the Company. The modification of the Plan did not change the classification of the awards as equity-settled.

The modification of the Plan was not beneficial to most participants of the program who received awards of Series 1. The modification of the Plan was beneficial to the participants who received awards of Series 2 – Series 5. The incremental fair value of RUB 10,815 thousand was calculated as the difference between the fair value of the initial and amended program at the modification date and will be recognized over the modified vesting period.

In June 2019, the Group further amended the 2016 HeadHunter Unit Option Plan. As the result of this amendment, the participants of awards of Series 1– Series 7 became unconditionally entitled to additional lump sum payment. This amendment was beneficial to the participants. The fair value of the additional award of RUB 28 million was recognized in the year ended December 31, 2019.

As a result of completion of the IPO on May 8, 2019, 25% of the awards of Series 1 – Series 7 were vested and subsequently settled in cash by shareholders.

Total employee expenses (excluding social taxes) arising from the 2016 HeadHunter Option Plan amounted to RUB 88,438 thousand for the year ended December 31, 2019, RUB 68,776 thousand for the year ended December 31, 2018, and RUB 74,851 thousand for the year ended December 31, 2017, and are included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in the consolidated statement of income and comprehensive income.

The social taxes accrued amounted to RUB 40,548 thousand for the year ended December 31, 2019, which are payable due to change in the parent company tax residency status (see note 1(a)), and are included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in the consolidated statement of income and comprehensive income (for the years ended December 31, 2018 and December 31, 2017 – nil). The related liability of RUB 40,548 thousand (as at December 31, 2018 and December 31, 2017 – nil) is presented within ‘Provisions’ in the statement of financial position.

(ii) 2018 Unit Option Plan

In 2018, the shareholders of the Group established an incentive program that provides key management of the Group with rights to receive shares. The amount of payment is conditional on share price at the vesting date. The share options vest if the average share price exceed the exercise price at the vesting date and the participant remains employed on such date. The awards vest in instalments over the vesting period, being 20% after 3 years in service from the grant date and 20% annually thereafter, resulting in full vesting in 7 years. The programme assumes grant of up to 600 units, and a unit is defined as 0.005% of the number of issued ordinary shares of the Company.

The Group has no liability to make cash payments to management, therefore the program is classified by the Group as equity-settled in these consolidated financial statements.

On May 28, 2019 the Board of Directors approved the first grant of 300 units under the 2018 Unit Option Plan.

The fair value of the awards is estimated at the grant date using a Monte-Carlo simulation model, taking into account the terms and conditions on which the awards were granted. The model simulates the market price of the underlying shares and compares it against the exercise price. The exercise price of the share options is equal to the IPO price.

The weighted average assumptions used in the Monte-Carlo pricing model for the award installments were as follows:

	Tranche 1			Tranche 2			Tranche 3			Tranche 4			Tranche 5
Expected volatility		43	%		43	%		43	%		43	%		43	%
Expected dividend yield		1.53	%		1.53	%		1.53	%		1.53	%		1.53	%
Risk-free interest rate		1.74	%		1.77	%		1.80	%		1.86	%		1.92	%
Expected life at grant date (years)		3			4			5			6			7
Forfeiture rate		3.39	%		3.39	%		3.39	%		3.39	%		3.39	%
Fair value (per unit), in thousands of Russian Roubles		763			859			932			996			1,028
Total fair value, in thousands of Russian Roubles		44,205			49,815			54,036			57,738			59,600

Expected volatility is calculated based on actual experience of similar entities that have traded equity instruments.

The risk-free interest rate applied is based on U.S. Treasury yield curve in effect at the grant date.

The forfeiture rate is based on historical data and current expectations and is not necessarily indicative of forfeiture patterns that may occur.

There were no exercised, forfeitured or expired awards during the year ended December 31, 2019.

There were no cancellations of the awards during the year ended December 31, 2019.

Total employee expenses (excluding social taxes) arising from the 2018 HeadHunter Option Plan amounted to RUB 33,196 thousand for the year ended December 31, 2019, and are included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in the consolidated statement of income and comprehensive income.

The social taxes accrued amounted to RUB 1,746 thousand for the year ended December 31, 2019, which are payable due to change in the parent company tax residency status (see note 1(a)), and are included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in the consolidated statement of income and comprehensive income. The related liability of RUB 1,746 thousand is presented within ‘Provisions’ in the statement of financial position.

(b) Cash-settled awards

In August 2017 the Group established a cash-settled management incentive program that provides the right to receive cash payments if an IPO or strategic sale (hereinafter – “the event”) occurs. The amount of payment is conditional on share price at the date of the event. The Group has liability to make cash payments, therefore the program is classified by the Group as cash-settled in the consolidated financial statements.

The awards vest in instalments over the vesting period, being 50% at the event (Award 1) and 50% after 12 months from the date of the event (Award 2).

The fair value of the awards were estimated, at the grant date and at the end of each reporting period until the completion of the IPO, using the Black Scholes Merton (“BSM”) pricing model, taking into account the terms and conditions on which the award was granted.

As a result of completion of the IPO on May 8, 2019, the Award 1 has been vested and settled during the year ended December 31, 2019 in the amount of RUB 19,568 thousand.

As of December 31, 2019 the fair value of the Award 2 is estimated using the average price of the Group’s ordinary shares on the NASDAQ Global Select Market for the period from May 8, 2019 through December 31, 2019 and amounted to RUB 27,269 thousand (as of December 31, 2018 – RUB 15,589 thousand).

Total employee expenses (excluding social taxes) arising from the cash-settled management incentive program amounted to RUB 29,462 thousand for the year ended December 31, 2019, RUB 9,872 thousand for the year ended December 31, 2018, and RUB 4,095 thousand for the year ended December 31, 2017, and are included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in the consolidated statement of income and comprehensive income. The related liability of RUB 23,861 thousand (as at December 31, 2018 – RUB 13,967 thousand, as at December 31, 2017 – RUB 4,095 thousand) is presented within ‘Current trade and other payables – Payables to employees’ (note 22).

The social taxes accrued amounted to RUB 3,603 thousand for the year ended December 31, 2019, which are payable due to change in the parent company tax residency status (see note 1(a)), and are included in ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in the consolidated statement of income and comprehensive income (for the years ended December 31, 2018 and December 31, 2017 – nil). The related liability of RUB 3,603 thousand (as at December 31, 2018 – nil) is presented within ‘Provisions’ in the statement of financial position.

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Consolidated Statements of Changes in Equity - RUB (₽) ₽ in Thousands		Total		Initially applied IFRS 15 [member]	Initially applied IFRS 9 [member]	Share capital [member]		Share premium [member]		Currency translation reserve [member]		Retained earnings/(accumulated deficit) [member]		Retained earnings/(accumulated deficit) [member] Initially applied IFRS 15 [member]	Retained earnings/(accumulated deficit) [member] Initially applied IFRS 9 [member]	Total [member]		Total [member] Initially applied IFRS 15 [member]	Total [member] Initially applied IFRS 9 [member]	Non-controlling interest [member]
Beginning balance (Previously stated [member]) at Dec. 31, 2016		₽ 4,794,974				₽ 8,547		₽ 5,008,647		₽ (147,844)		₽ (87,329)				₽ 4,782,021				₽ 12,953
Beginning balance (Restated balance [member]) at Dec. 31, 2016	[1]	4,791,046				8,547		5,008,647		(147,844)		(91,257)				4,778,093				12,953
Beginning balance at Dec. 31, 2016				₽ (3,928)										₽ (3,928)				₽ (3,928)
Net income for the year | Previously stated [member]		464,104
Net income for the year | Restated balance [member]		462,802										400,189				400,189				62,613
Net income for the year	[1]	462,802
Other comprehensive income/(loss) | Restated balance [member]		54,775								55,438						55,438				(663)
Management incentive agreement (note 20(a)) | Restated balance [member]		74,851						74,851								74,851
Distributions to shareholders and non-controlling interest (note 19(d)) | Restated balance [member]		(3,428,226)										(3,375,197)				(3,375,197)				(53,029)
Distributions to shareholders and non-controlling interest (note 19(d))		(3,375,197)
Ending balance (Restated balance [member]) at Dec. 31, 2017	[1]	1,955,248				8,547		5,083,498		(92,406)		(3,066,265)				1,933,374				21,874
Ending balance at Dec. 31, 2017		1,952,313	[2]		₽ (2,935)	8,547	[2]	5,083,498	[2]	(92,406)	[2]	(3,069,200)	[2]		₽ (2,935)	1,930,439	[2]		₽ (2,935)	21,874	[2]
Net income for the year		1,032,845	[3]									949,307				949,307				83,538
Other comprehensive income/(loss)		25,205								25,449						25,449				(244)
Management incentive agreement (note 20(a))		68,776						68,776								68,776
Distributions to shareholders and non-controlling interest (note 19(d))		(79,850)																		(79,850)
Reduction of share premium (note 19(c))								(3,422,874)				3,422,874
Disposal of subsidiary (note 18(a))		4,131																		4,131
Ending balance at Dec. 31, 2018	[3]	3,003,420				8,547		1,729,400		(66,957)		1,302,981				2,973,971				29,449
Net income for the year		1,581,026										1,448,018				1,448,018				133,008
Other comprehensive income/(loss)		(41,818)								(39,421)						(39,421)				(2,397)
Management incentive agreement (note 20(a))		121,635						121,635								121,635
Distributions to shareholders and non-controlling interest (note 19(d))		(1,286,805)										(1,160,345)				(1,160,345)				(126,460)
Share-based payments to Board of directors (note 29(b))		12,842						12,842								12,842
Acquisition of non-controlling interest		(2,107)								1,187		(2,957)				(1,770)				(337)
Ending balance at Dec. 31, 2019		₽ 3,388,193				₽ 8,547		₽ 1,863,877		₽ (105,191)		₽ 1,587,697				₽ 3,354,930				₽ 33,263

[1] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

[2] The Group adopted IFRS 9 at January 1, 2018 using the exemption allowing not to restate comparative information for prior periods with respect to classification and measurement (including impairment) changes. See Note 4.

[3] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Finance income and costs (Tables)

12 Months Ended

Dec. 31, 2019

Finance Expense [Abstract]

Summary Of Finance Income

(a) Finance income

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019		2018		2017
Interest on term deposits		76,202		90,270		60,012
Interest on loans to related parties		—		—		10,912
Other finance income		562		332		—
Total finance income		76,764		90,602		70,924

Summary Of Finance Costs

(b) Finance costs

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018*			2017*
Interest accrued on bank loan (note 21(a))		(559,527	)		(642,764	)		(706,036	)
Interest accrued on other loan (note 21(b))		(6,391	)		(1,562	)		—
Interest accrued on lease liabilities (note 23)		(32,941	)		—			—
Other finance costs		(4,421	)		—			—
Total finance costs		(603,280	)		(644,326	)		(706,036	)

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Operating segments - (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure Of segment EBITDA [Abstract]

Summary of Segment EBITDA

Goodwill is allocated to reportable segments as described in note 14. Intangible assets other than goodwill are primarily related to “Russia” operating segment.

(in thousands of Russian Roubles)

	For the year ended December 31, 2019
	Russia			Other segments			Total segments			Unallocated			Eliminations			Total
External revenue		7,211,762			576,979			7,788,741			—			—			7,788,741
Inter-segment revenue		252			10,692			10,944			—			(10,944	)		—
External expenses		(3,480,172	)		(202,636	)		(3,682,808	)		(94,072	)		—			(3,776,880	)
Inter-segment expenses		(10,806	)		(378	)		(11,184	)		—			11,184			—
Segment EBITDA		3,721,036			384,657			4,105,693			(94,072	)		240			4,011,861
	For the year ended December 31, 2018*
	Russia			Other segments			Total segments			Unallocated			Eliminations			Total
External revenue		5,700,424			417,349			6,117,773			—			—			6,117,773
Inter-segment revenue		92			13,361			13,453			—			(13,453	)		—
External expenses		(2,991,883	)		(195,085	)		(3,186,968	)		(47,403	)		—			(3,234,371	)
Inter-segment expenses		(13,281	)		(289	)		(13,570	)		—			13,570			—
Segment EBITDA		2,695,352			235,336			2,930,688			(47,403	)		117			2,883,402

	For the year ended December 31, 2017**
	Russia			Other segments			Total segments			Unallocated			Eliminations			Total
External revenue		4,358,479			374,060			4,732,539			—			—			4,732,539
Inter-segment revenue		336			13,514			13,850			—			(13,850	)		—
External expenses		(2,344,578	)		(195,104	)		(2,539,682	)		(26,253	)		—			(2,565,935	)
Inter-segment expenses		(12,291	)		(1,542	)		(13,833	)		—			13,833			—
Segment EBITDA		2,001,946			190,928			2,192,874			(26,253	)		(17	)		2,166,604

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

** The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Summary of Reconciliation of Consolidated Profit Before Income Tax to Segment EBITDA

Reconciliation of consolidated profit before income tax to Segment EBITDA of the Group is presented below:

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019*			2018*			2017**
Consolidated profit before income tax		2,225,448			1,542,447			1,283,305
Adjusted for:
Depreciation and amortization		683,317			586,131			560,961
Gain on disposal of subsidiary		—			(6,131	)		(439,115	)
Net finance costs		526,516			553,724			635,112
Net foreign exchange loss/(gain)		46,508			8,742			(96,300	)
IPO-related costs		190,284			110,043			122,907
Insurance cover related to IPO		100,048			—			—
Management incentive agreement (note 20)		196,993			78,648			74,851
Share-based payments to Board of directors, including social taxes		15,025			—			—
Share of loss of equity-accounted investees (net of income tax)		30,542			—			—
One-off litigation settlements and legal costs		17,734			—			—
Transaction costs related to disposal of subsidiary		—			—			17,244
Restructuring costs		1,541			12,286			7,639
Reversal of expected credit loss		—			(2,488	)		—
Income from depositary		(22,095	)		—			—
Segment EBITDA (as presented to the CODM)		4,011,861			2,883,402			2,166,604

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. In applying IFRS 16, in relation to the leases that were classified as operating leases, the Group recognizes depreciation and interest costs, instead of operating lease expense (see Note 4(A)). The positive impact on Segment EBITDA for the year ended December 31, 2019 amounted to RUB 87,892 thousand. During the year ended December 31, 2019, in relation to those leases, the Group recognized RUB 74,365 thousand of depreciation charge (see Note 23(i)) and RUB 32,941 thousand of additional interest costs from leases (see Note 23(ii)).

** The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Summary of Reconciliation of Consolidated Operating Costs and Expenses to Segment External Expenses

Reconciliation of consolidated operating costs and expenses (exclusive of depreciation and amortization) to Segment External expenses of the Group is presented below:

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018*			2017*
Consolidated operating costs and expenses (exclusive of depreciation and amortization)		4,300,263			3,432,860			2,788,576
Adjusted for:
IPO-related costs		(190,284	)		(110,043	)		(122,907	)
Insurance cover related to IPO		(100,048	)		—			—
Management incentive agreement (note 20)		(196,993	)		(78,648	)		(74,851	)
Share-based payments to Board of directors, including social taxes		(15,024	)		—			—
One-off litigation settlements and legal costs		(17,734	)		—			—
Transaction costs related to disposal of subsidiary		—			—			(17,244	)
Restructuring costs		(1,541	)		(12,286	)		(7,639	)
Reversal of expected credit loss		—			2,488			—
Other		(1,759	)		—			—
Segment External expenses (as presented to the CODM)		3,776,880			3,234,371			2,565,935

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

Summary of Geographical Information below Analyses the Group's Revenue by Country

The geographical information below analyses the Group’s revenue by country of domicile of a customer, including the Group’s principal country of operations and in all foreign countries.

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019		2018		2017*
Russia		7,170,042		5,652,024		4,324,594
All foreign countries
Kazakhstan		232,990		166,147		124,002
Belarus		343,964		234,389		157,603
Baltic countries		—		—		54,160
Other countries		41,745		65,213		72,180
		7,788,741		6,117,773		4,732,539

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Equity-accounted investees (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure Of Financial Information Of Associate Accounted For Using Equity Method To Carrying Amount Of Interest In Associate [Abstract]

Summary of equity-accounted investees

The fair value of the identifiable assets and liabilities of Skillaz at the date of acquisition has been calculated with reference to its value in use (Level 3) and were as follows:

	Fair value
Non-current assets		135,059
Current assets		100,714
Non-current liabilities		(20,168	)
Current liabilities		(13,158	)
Total net assets (100%)		202,447
Group’s share of net assets (25.01%)		50,632

Summary of cash consideration transferred

Goodwill on transaction was calculated as the excess of the consideration transferred by the Group over the share in the fair value of the net assets acquired and the fair value of the call option.

	Total
Call option		25,341
Group’s share of net assets (25.01%)		50,632
Goodwill		158,757
Cash consideration transferred		234,730

Summary of financial information to the carrying amount of the group's interest in associate

The table also reconciles the summarised financial information to the carrying amount of the Group’s interest in Skillaz.

	December 31, 2019
Percentage ownership interest		25.01	%
Non-current assets		95,717
Current assets		70,697
Non-current liabilities		(26,606	)
Current liabilities		(59,479	)
Net assets (100%)		80,329
Group’s share of net assets (25.01%)		20,090
Goodwill		158,757
Carrying amount of the Group’s interest in associate		178,847
	Period from May 6, 2019 till December 31, 2019
Revenue		67,701
Loss from continuing operations (100%)		(122,118	)
Total comprehensive loss (100%)		(122,118	)
Group’s share of total comprehensive loss (25.01%)		(30,542	)

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Property and equipment - Summary of Property, Plant and Equipment (Detail) - RUB (₽) ₽ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	[1]	₽ 133,810
Ending balance		429,744	₽ 133,810	[1]
Servers and computers [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		72,934
Ending balance		109,634	72,934
Office equipment, furniture and other [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		44,072
Ending balance		128,016	44,072
Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		16,804
Ending balance		192,094	16,804
Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		246,041	127,098
Additions		386,042	120,182
Disposals		(31,820)	(722)
Foreign currency translation difference		(891)	(517)
Ending balance		599,372	246,041
Gross carrying amount [member] | Servers and computers [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		116,596	42,549
Additions		65,431	74,769
Disposals		(7,870)	(722)
Ending balance		174,157	116,596
Gross carrying amount [member] | Office equipment, furniture and other [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		100,306	58,987
Additions		123,152	41,861
Disposals		(7,154)
Foreign currency translation difference		(820)	(542)
Ending balance		215,484	100,306
Gross carrying amount [member] | Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		29,139	25,562
Additions		197,459	3,552
Disposals		(16,796)
Foreign currency translation difference		(71)	25
Ending balance		209,731	29,139
Accumulated depreciation and amortisation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		112,231	50,383
Disposals		(27,579)	(722)
Foreign currency translation difference		(437)	6
Depreciation for the year		85,413	62,564
Ending balance		169,628	112,231
Accumulated depreciation and amortisation [member] | Servers and computers [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		43,662	17,894
Disposals		(7,646)	(722)
Depreciation for the year		28,507	26,490
Ending balance		64,523	43,662
Accumulated depreciation and amortisation [member] | Office equipment, furniture and other [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		56,234	26,319
Disposals		(6,770)
Foreign currency translation difference		(425)
Depreciation for the year		38,429	29,915
Ending balance		87,468	56,234
Accumulated depreciation and amortisation [member] | Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		12,335	6,170
Disposals		(13,163)
Foreign currency translation difference		(12)	6
Depreciation for the year		18,477	6,159
Ending balance		₽ 17,637	₽ 12,335

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Changes in significant accounting policies - Additional Information (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	[1]	Jan. 01, 2017
Changes in Significant Accounting policies [Line Items]
Incremental borrowing rate		10.15%
Retained earnings	₽ 1,587,697		₽ 1,302,981
Increase (decrease) due to application of IFRS 15 [member]
Changes in Significant Accounting policies [Line Items]
Retained earnings					₽ (3,928)

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Changes in significant accounting policies - Summary of Measurement Categories Under IAS 39 and the New Measurement Categories Under IFRS 9 (Detail) ₽ in Thousands	Jan. 01, 2018 RUB (₽)
Trade and other receivables [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Original classification under IAS 39	Loans and receivables
New classification under IFRS 9	Amortised cost
Cash and cash equivalents [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Original classification under IAS 39	Loans and receivables
New classification under IFRS 9	Amortised cost
Original carrying amount under IAS 39 [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Financial assets	₽ 1,438,337
Original carrying amount under IAS 39 [member] | Trade and other receivables [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Financial assets	25,264
Original carrying amount under IAS 39 [member] | Cash and cash equivalents [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Financial assets	1,413,073
New carrying amount under IFRS 9 [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Financial assets	1,441,272
New carrying amount under IFRS 9 [member] | Trade and other receivables [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Financial assets	25,264
New carrying amount under IFRS 9 [member] | Cash and cash equivalents [member]
Disclosure OF Measurement Categories Under IAS 39 And The New Measurement Categories Under IFRS 9 [Line Items]
Financial assets	₽ 1,416,008

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Equity-accounted investees - Additional Information (Detail) - RUB (₽) ₽ in Thousands		12 Months Ended
	May 06, 2019	Dec. 31, 2019	Dec. 31, 2018	[1]
Option to purchase additional equity interest
Goodwill		₽ 6,954,183	₽ 6,989,255
Expected compound annual growth rate of revenue of the Investment in Associate		46.00%
Expected EBITDA Margin of the Investment in Associate		20.60%
Discount rate applied to the cash flow projections		20.01%
Annual growth rate for the forecasted cash flows		2.90%
Percent increase or decrease in revenue impact on impairment of the investment in associate		10.00%
Percent increase or decrease in EBITDA impact on impairment of the investment in associate		15.00%
Percent increase or decrease in discount rate impact on impairment of the investment in associate		5.00%
Skillaz [member]
Option to purchase additional equity interest
Voting rights held in associate	25.01%	25.01%
Option to purchase additional equity interest		40.01%
Expected volatility		40.00%
Risk-free interest rate		7.00%
Financial asset - call option		₽ 25,341
Goodwill	₽ 158,757	₽ 158,757

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Earnings per share - Summary Of Earnings Per Share (Detail) - RUB (₽) ₽ / shares in Units, ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Earnings per share [abstract]
Net income attributable to owners of the Company	₽ 1,448,018	₽ 949,307	[1]	₽ 400,189	[2]
Weighted average number of ordinary shares outstanding (note 19)	50,000,000	50,000,000		50,000,000
Share options (weighted average)	956,590
Weighted average number of ordinary shares outstanding adjusted for the effect of dilution	50,956,590	50,000,000		50,000,000
Earnings per share (in Russian Roubles per share)
Basic	₽ 28.96	₽ 18.99	[1]	₽ 8.00	[2]
Diluted	₽ 28.42	₽ 18.99	[1]	₽ 8.00	[2]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Income taxes - Summary of income tax expense (Detail) - RUB (₽) ₽ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Current tax expense:
Current year		₽ (923,760)	₽ (738,549)		₽ (507,454)
Recognition of provision for uncertain tax positions	₽ (447,034)	(336,326)
Total current tax expense		(1,260,086)	(738,549)		(507,454)
Deferred Tax Reversal [Abstract]
Origination and reversal of temporary differences		168,630	228,947		12,220
Reversal of deferred tax on unremitted earnings		447,034
Total deferred tax reversal		615,664	228,947		12,220
Derecognition of indemnification asset					(325,269)
Total income tax expense		₽ (644,422)	₽ (509,602)	[1]	₽ (820,503)	[2]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Operating costs and expenses (exclusive of depreciation and amortization) (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating Costs And Expenses [Abstract]
Personnel expenses	₽ (2,234,309)	₽ (1,717,467)	₽ (1,505,950)
Marketing expenses	(1,046,678)	(939,717)	(693,246)
Subcontractor and other costs related to provision of services	(186,337)	(188,499)	(117,746)
Office rent and maintenance	(206,501)	(241,434)	(190,104)
Professional services	(347,963)	(255,362)	(205,905)
Insurance services	(111,251)
Hosting And Other Website Maintenance	(40,421)	(32,825)	(24,686)
Other operating expenses	(126,803)	(57,556)	(50,939)
Operating costs and expenses (exclusive of depreciation and amortization)	₽ (4,300,263)	₽ (3,432,860)	₽ (2,788,576)

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Operating segments - Summary of Reconciliation of Consolidated Profit Before Income Tax to Segment EBITDA (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure Of Reconciliation Of Consolidated Profit Before Income Tax To Segment EBITDA [Line Items]
Consolidated profit before income tax	₽ 2,225,448	₽ 1,542,447	[1]	₽ 1,283,305	[2]
Adjusted for:
Depreciation and amortization	683,317	586,131	[1]	560,961	[2]
Gain on disposal of subsidiary		(6,131)	[1]	(439,115)	[2]
Net finance costs	526,516	553,724		635,112
Net foreign exchange loss/(gain)	46,508	8,742	[1]	(96,300)	[2]
IPO-related costs	190,284	110,043		122,907
Insurance cover related to IPO	100,048
Management incentive agreement (note 20)	196,993	78,648		74,851
Share-based payments to Board of directors, including social taxes	15,024
Share of loss of equity-accounted investees (net of income tax)	30,542
One-off litigation settlements and legal costs	17,734
Transaction costs related to disposal of subsidiary				17,244
Restructuring costs	1,541	12,286		7,639
Reversal of expected credit loss		(2,488)
Income from depositary	(22,095)
Segment EBITDA	₽ 4,011,861	₽ 2,883,402		₽ 2,166,604

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Significant accounting policies - Summary of Detailed Information About Property, Plant and Equipment Useful Lives (Detail)	12 Months Ended
	Dec. 31, 2019
Core Systems Equipment [Member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	5 years
Core Systems Equipment [Member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	2 years
Office equipment [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	5 years
Office equipment [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	2 years
Fixtures and fittings [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	5 years
Fixtures and fittings [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	2 years
Leasehold improvements [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	5 years
Leasehold improvements [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	3 years
Other property, plant and equipment [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	3 years
Other property, plant and equipment [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, property, plant and equipment	1 year

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Revenue - Summary Of Disaggregation Of Revenue From Contracts With Customers (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	₽ 7,788,741	₽ 6,117,773	[1]	₽ 4,732,539	[2]
Bundled Subscriptions [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	2,223,951	1,946,379		1,552,620
CV Database Access [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	1,761,728	1,401,538		1,083,924
Job Postings [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	3,112,188	2,227,926		1,639,490
Other VAS [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	690,874	541,930		456,505
All other segments [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	576,979	417,349		374,060
All other segments [member] | Bundled Subscriptions [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	69,120	61,822		29,891
All other segments [member] | CV Database Access [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	253,643	204,768		163,323
All other segments [member] | Job Postings [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	211,510	119,584		140,769
All other segments [member] | Other VAS [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	42,706	31,175		40,077
Russia
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	7,211,762	5,700,424		4,358,479
Russia | Bundled Subscriptions [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	2,154,831	1,884,557		1,522,729
Russia | CV Database Access [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	1,508,085	1,196,770		920,601
Russia | Job Postings [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	2,900,678	2,108,342		1,498,721
Russia | Other VAS [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	₽ 648,168	₽ 510,755		₽ 416,428

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Management incentive agreement (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure Of Share Awards Issued [Line Items]

Summary of Share Awards Issued

The following awards were issued as at December 31, 2019:

Awards series	Number of units		Grant date	Exercise price (per unit)		Fair value at grant date
				RUB’000		RUB’000
Series 1		801	May 10, 2016		500		160,871
Series 2		20	September 1, 2017		500		25,511
Series 3		15	September 1, 2017		900		15,415
Series 4		12	December 1, 2017		900		13,070
Series 5		8	March 1, 2018		900		8,478
Series 6		14	May 28, 2019		500		27,671
Series 7		20	May 28, 2019		1,250		22,191

Summary of weighted average assumptions used for grants

The weighted average assumptions used in the Monte-Carlo pricing model for the award installments were as follows:

	Tranche 1			Tranche 2			Tranche 3			Tranche 4			Tranche 5
Expected volatility		43	%		43	%		43	%		43	%		43	%
Expected dividend yield		1.53	%		1.53	%		1.53	%		1.53	%		1.53	%
Risk-free interest rate		1.74	%		1.77	%		1.80	%		1.86	%		1.92	%
Expected life at grant date (years)		3			4			5			6			7
Forfeiture rate		3.39	%		3.39	%		3.39	%		3.39	%		3.39	%
Fair value (per unit), in thousands of Russian Roubles		763			859			932			996			1,028
Total fair value, in thousands of Russian Roubles		44,205			49,815			54,036			57,738			59,600

Summary of movements in share awards

The movement of the awards of Series 1 – 7 were as follows:

	For the year ended December 31,
	2019			2018
Outstanding at beginning of the period (units)		886			878
Granted during the period (units)		34			8
Forfeited during the period (units)		(30	)		—
Exercised during the period (units)		—			—
Expired during the period (units)		—			—
Outstanding at end of the period (units)		890			886

2016 HeadHunter Unit Option Plan [Member]

Disclosure Of Share Awards Issued [Line Items]

Summary of weighted average assumptions used for grants

The weighted average assumptions used in the BSM pricing model for grants made were as follows:

	Awards series
	Series 1			Series 2			Series 3			Series 4			Series 5
Expected volatility		39	%		39	%		39	%		39	%		39	%
Expected dividend yield		—			—			—			—			—
Risk-free interest rate		7.7	%		7.7	%		7.7	%		7.3	%		6.4	%
Expected life at grant date (years)		5.66			3.24			3.24			2.99			1.66

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Other liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of Other Liabilities [Abstract]

Summary of Other liabilities

	December 31, 2019		December 31, 2018
Non-current other liabilities
Advance from depositary		126,828		—
Total		126,828		—
Current other liabilities
Advance from depositary – current portion		23,880		—
Total		23,880		—

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New standards and interpretations not yet adopted

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

New standards and interpretations not yet adopted

31. New standards and interpretations not yet adopted

A number of new standards are effective for annual periods beginning after January 1, 2019 and earlier application is permitted; however, the Group has not earlier adopted the new or amended standards in preparing these consolidated financial statements.

• Amendments to References to Conceptual Framework in IFRS Standards.

• Definition of a Business (Amendments to IFRS 3).

• Definition of Material (Amendments to IAS 1 and IAS 8).

• IFRS 17 Insurance Contracts.

• Interest Rate Benchmarking Reform (Amendments to IFRS 9, IAS 39 and IFRS 7).

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Capital and reserves - Disclosure of detailed information about equity of parent company (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018	[1]	Dec. 31, 2017	[2]
Statement [Line Items]
Share capital	₽ 8,547	₽ 8,547
Share premium	1,863,877	1,729,400
Other reserves	(105,191)	(66,957)
Retained earnings	1,587,697	1,302,981
Total equity	3,388,193	₽ 3,003,420		₽ 1,952,313
HeadHunter Group PLC [member]
Statement [Line Items]
Share capital	8,547
Share premium	1,581,467
Other reserves	(61)
Retained earnings	1,593,391
Total equity	₽ 3,183,344

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 9 at January 1, 2018 using the exemption allowing not to restate comparative information for prior periods with respect to classification and measurement (including impairment) changes. See Note 4.

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Commitments

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Commitments

27. Commitments

The Group is committed to incur capital expenditure related to renovation of its office premises of RUB 9,648 thousand (as of December 31, 2018 – RUB 40,653 thousands). These commitments are expected to be settled in 2020. See also note 30.

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Disposal of subsidiary - Schedule of effect of disposal on the financial position (Detail) - RUB (₽) ₽ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure Of Disposal Of Major Subsidiary [Line Items]
Consideration to be received			₽ 2,624
Bank and Other loan repaid		₽ (1,325,000)	(690,000)	[1]	₽ (100,000)	[2]
Gain on disposal of subsidiary			6,131
Cash and cash equivalents disposed of	[2]				(10,801)
Headhunter LLC [Member]
Disclosure Of Disposal Of Major Subsidiary [Line Items]
Consideration to be received			2,624
Assets disposed			(19,162)
Liabilities disposed			26,756
Total net liabilities			7,594
Less currency translation reserve released on disposal			44
Less non-controlling interest disposed			(4,131)
Gain on disposal of subsidiary			6,131
Cash and cash equivalents disposed of			(10,847)
Net cash outflow			₽ (10,847)
CV Keskus OU [Member]
Disclosure Of Disposal Of Major Subsidiary [Line Items]
Consideration to be received					797,352
Bank and Other loan repaid					(30,658)
Assets disposed					(358,976)
Liabilities disposed					115,683
Total net assets					(243,293)
Less currency translation reserve released on disposal					(84,286)
Gain on disposal of subsidiary					439,115
Consideration received, satisfied in cash					797,352
Cash and cash equivalents disposed of					(32,775)
Net cash outflow					₽ 764,577

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Trade and other receivables - Additional Information (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Trade And Other Receivables [Member]
Disclosure of financial assets [line items]
Allowance For Impairment Losses	₽ 3,781	₽ 3,902

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Use of estimates and judgments

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Use of estimates and judgments

6. Use of estimates and judgments

The preparation of consolidated financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from those estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected.

Information about significant areas of estimation uncertainty and critical judgments in applying accounting policies that have the most significant effect on the amounts recognized in the consolidated financial statements is included in the notes:

• Note 14 “Intangible assets and goodwill” – measurement and useful lives of intangible assets identified; goodwill impairment;

• Note 5(j) “Revenue” – recognition and measurement of revenue;

• Note 12 “Income taxes”, Note 28 “Contingencies” – provisions for income tax and tax contingencies;

• Note 23 “Leases” – lease term;

• Note 15 “Equity-accounted investees” – determination of the fair value of assets acquired and liabilities assumed and the fair value of the call option to acquire controlling share in the associate; impairment of investment in associate;

• Note 20 “Management incentive agreement” – modification of the option plan.

Measurement of fair values

A number of the Group’s accounting policies and disclosures require the measurement of fair values, for both financial and non-financial assets and liabilities.

When measuring the fair value of an asset or a liability, the Group uses market observable data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows:

• Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities.

• Level 2: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).

• Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs).

If the inputs used to measure the fair value of an asset or a liability might be categorized in different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement.

The Group recognizes transfers between levels of the fair value hierarchy at the end of the reporting period during which the change has occurred.

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Operating costs and expenses (exclusive of depreciation and amortization)

12 Months Ended

Dec. 31, 2019

Operating Costs And Expenses [Abstract]

Operating costs and expenses (exclusive of depreciation and amortization)

10. Operating costs and expenses (exclusive of depreciation and amortization)

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019			2018*			2017*
Personnel expenses		(2,234,309	)		(1,717,467	)		(1,505,950	)
Marketing expenses		(1,046,678	)		(939,717	)		(693,246	)
Subcontractor and other costs related to provision of services		(186,337	)		(188,499	)		(117,746	)
Office rent and maintenance		(206,501	)		(241,434	)		(190,104	)
Professional services		(347,963	)		(255,362	)		(205,905	)
Insurance services		(111,251	)		—			—
Hosting and other website maintenance		(40,421	)		(32,825	)		(24,686	)
Other operating expenses		(126,803	)		(57,556	)		(50,939	)
Operating costs and expenses (exclusive of depreciation and amortization)		(4,300,263	)		(3,432,860	)		(2,788,576	)

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

Contributions to state pension funds recognised within “Personnel expenses” amounted to RUB 291,211 thousand for the year ended December 31, 2019, RUB 212,229 thousand for the year ended December 31, 2018 and RUB 172,028 thousand for the year ended December 31, 2017.

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Leases - Summary Of Amounts Recognized In The Consolidated Statement Of Cash Flows (Detail) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽)
Presentation of leases for lessee [abstract]
Total cash outflow for leases	₽ 110,710

XML

Intangible assets and goodwill

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about intangible assets [abstract]

Intangible assets and goodwill

14. Intangible assets and goodwill

(in thousands of Russian Roubles)

	Goodwill			CV database		Non- contractual customer relationships		Trademarks and domains			Website software			Patents and copyrights			Other software, licenses and other			Total
Cost
Balance at January 1, 2019		6,989,255			635,605		2,043,760		1,519,855			198,620			4,440			53,303			11,444,838
Additions arising from internal development		—			—		—		—			31,930			—			—			31,930
Other additions		—			—		—		7,115			5,175			1,722			59,983			73,995
Disposals		—			—		—		—			(72,259	)		(166	)		(24,222	)		(96,647	)
Foreign currency translation difference		(35,072	)		—		—		(81	)		—			(261	)		(321	)		(35,735	)
Balance at December 31, 2019		6,954,183			635,605		2,043,760		1,526,889			163,466			5,735			88,743			11,418,381
Amortization
Balance at January 1, 2019		—			172,164		579,065		430,630			95,932			2,841			20,346			1,300,978
Amortization for the year		—			63,561		204,376		152,411			46,794			1,776			54,621			523,539
Disposals		—			—		—		—			(69,013	)		(166	)		(24,222	)		(93,401	)
Foreign currency translation difference		—			—		—		(19	)		—			(11	)		(305	)		(335	)
Balance at December 31, 2019		—			235,725		783,441		583,022			73,713			4,440			50,440			1,730,781
Net book value
At December 31, 2019		6,954,183			399,880		1,260,319		943,867			89,753			1,295			38,303			9,687,600

(in thousands of Russian Roubles)

	Goodwill		CV database		Non- contractual customer relationships		Trademarks and domains		Website software			Patents and copyrights			Other software, licenses and other			Total
Cost
Balance at January 1, 2018		6,963,369		594,263		2,043,760		1,519,849		217,231			3,013			84,764			11,426,249
Additions arising from internal development		—		—		—		—		48,072			—			—			48,072
Other additions		—		41,342		—		—		7,697			1,765			35,852			86,656
Disposals		—		—		—		—		(74,380	)		(338	)		(67,484	)		(142,202	)
Foreign currency translation difference		25,886		—		—		6		—			—			171			26,063
Balance at December 31, 2018		6,989,255		635,605		2,043,760		1,519,855		198,620			4,440			53,303			11,444,838
Amortization
Balance at January 1, 2018		—		108,948		374,689		278,639		108,468			1,195			46,598			918,537
Amortization for the year		—		63,216		204,376		151,985		61,075			1,652			41,162			523,466
Disposals		—		—		—		—		(73,611	)		(6	)		(67,484	)		(141,101	)
Foreign currency translation difference		—		—		—		6		—			—			70			76
Balance at December 31, 2018		—		172,164		579,065		430,630		95,932			2,841			20,346			1,300,978
Net book value
At December 31, 2018		6,989,255		463,441		1,464,695		1,089,225		102,688			1,599			32,957			10,143,860

Impairment test

Goodwill as at December 31, 2019 of RUB 6,954,183 thousand is attributable to the acquisition of 100% ownership interest in HeadHunter from Mail.Ru Group Limited (LSE: MAIL) in 2016.

Carrying amount of goodwill allocated to each of the CGUs:

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
“Russia” operating segment		6,607,362		6,607,362
“Kazakhstan” operating segment		164,853		183,554
“Belarus” operating segment		181,968		198,339
Total goodwill		6,954,183		6,989,255

At December 31, 2019 management estimated the recoverable amount of the Group’s cash-generating units (“CGU”). The recoverable amount of the CGU represented its fair value less costs of disposal on the basis of quoted prices of Company’s ordinary shares (Level 1). At December 31, 2019 the estimated recoverable amounts of all CGUs exceeded their carrying amounts. No reasonably possible change in the fair value less costs of disposal of CGUs would result in the impairment.

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Financial instruments and risk management - Summary of exposure to foreign currency risk (Detail) - Currency risk - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
USD
Statement [Line Items]
Net risk currency exposure	₽ 621,043	₽ (7,166)
USD | Cash And Cash Equivalent [Member]
Statement [Line Items]
Net risk currency exposure	627,824	27,192
USD | Trade and other payable
Statement [Line Items]
Net risk currency exposure	(6,781)	(34,358)
EUR
Statement [Line Items]
Net risk currency exposure	(3,144)	(5,645)
EUR | Cash And Cash Equivalent [Member]
Statement [Line Items]
Net risk currency exposure	10	4,361
EUR | Trade and other payable
Statement [Line Items]
Net risk currency exposure	(3,154)	(10,006)
KZT
Statement [Line Items]
Net risk currency exposure		(101,655)
KZT | Trade and other payable
Statement [Line Items]
Net risk currency exposure		(1,512)
KZT | Loans to corporate entities
Statement [Line Items]
Net risk currency exposure		(100,143)
BYN
Statement [Line Items]
Net risk currency exposure	(249)	5,984
BYN | Cash And Cash Equivalent [Member]
Statement [Line Items]
Net risk currency exposure	4
BYN | Trade and other payable
Statement [Line Items]
Net risk currency exposure	(253)
BYN | Loans to corporate entities
Statement [Line Items]
Net risk currency exposure		5,984
RUB
Statement [Line Items]
Net risk currency exposure	9,670	8,317
RUB | Cash And Cash Equivalent [Member]
Statement [Line Items]
Net risk currency exposure	9,772	₽ 8,317
RUB | Trade and other payable
Statement [Line Items]
Net risk currency exposure	₽ (102)

XML

Management incentive agreement - Additional Information (Detail) - RUB (₽) ₽ in Thousands		12 Months Ended
	May 08, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	May 28, 2019
Statement [line Items]
Payables to employees		₽ 214,548	₽ 164,069
2016 HeadHunter Unit Option Plan [Member]
Statement [line Items]
Percentage of net proceeds from liquidity event					0.005%
Awards settled in equity, vesting percentage	18.75%
Incremental fair value recognized on modification		10,815
Fair value recognized on additional share awards		28,000
Awards Settled In Cash, Vesting Percentage	25.00%
Expense from share-based awards		88,438	68,776	₽ 74,851
Social taxes		40,548	0	0
Social tax, payables		40,548	0	0
2018 Unit Option Plan [Member]
Statement [line Items]
Social taxes		1,746
Social tax, payables		₽ 1,746
Award vesting description		The awards vest in instalments over the vesting period, being 20% after 3 years in service from the grant date and 20% annually thereafter, resulting in full vesting in 7 years.
Awards Settled In Equity Vesting Term		3 years
Maximum term of awards		7
Maximum number of units available for grant		600
Percentage of net proceeds from liquidity event		0.005%
Share based awards, number of units authorized for grant						300
Expense from equity settled awards		₽ 33,196
2018 Unit Option Plan [Member] | Tranche One [Member]
Statement [line Items]
Awards settled in equity, vesting percentage		20.00%
2018 Unit Option Plan [Member] | Tranche Two [Member]
Statement [line Items]
Awards settled in equity, vesting percentage		20.00%
Cash Settled Awards [Member]
Statement [line Items]
Social taxes		₽ 3,603	0	0
Social tax, payables		3,603	0
Awards, vested and settled value		19,568
Fair Value Of Award Granted		27,269	15,589
Expense from cash settled awards		29,462	9,872	4,095
Payables to employees		₽ 23,861	₽ 13,967	₽ 4,095
Cash Settled Awards [Member] | Tranche One [Member]
Statement [line Items]
Awards Settled In Cash, Vesting Percentage		50.00%
Cash Settled Awards [Member] | Tranche Two [Member]
Statement [line Items]
Awards Settled In Cash, Vesting Percentage		50.00%

XML

Management incentive agreement - Summary Of Weighted Average Assumptions Used For Monte-Carlo Pricing Model (Detail) - 2018 Unit Option Plan [Member] ₽ / shares in Thousands, ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽) yr ₽ / shares
Tranche one [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	43.00%
Expected dividend yield	1.53%
Risk-free interest rate	1.74%
Expected life at grant date (years) | yr	3
Forfeiture rate	3.39%
Fair value (per unit), in thousands of Russian Roubles | ₽ / shares	₽ 763
Total fair value, in thousands of Russian Roubles | ₽	₽ 44,205
Tranche two [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	43.00%
Expected dividend yield	1.53%
Risk-free interest rate	1.77%
Expected life at grant date (years) | yr	4
Forfeiture rate	3.39%
Fair value (per unit), in thousands of Russian Roubles | ₽ / shares	₽ 859
Total fair value, in thousands of Russian Roubles | ₽	₽ 49,815
Tranche three [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	43.00%
Expected dividend yield	1.53%
Risk-free interest rate	1.80%
Expected life at grant date (years) | yr	5
Forfeiture rate	3.39%
Fair value (per unit), in thousands of Russian Roubles | ₽ / shares	₽ 932
Total fair value, in thousands of Russian Roubles | ₽	₽ 54,036
Tranche four [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	43.00%
Expected dividend yield	1.53%
Risk-free interest rate	1.86%
Expected life at grant date (years) | yr	6
Forfeiture rate	3.39%
Fair value (per unit), in thousands of Russian Roubles | ₽ / shares	₽ 996
Total fair value, in thousands of Russian Roubles | ₽	₽ 57,738
Tranche five [member]
Disclosure of indirect measurement of fair value of goods or services received share options granted during period [line item]
Expected volatility	43.00%
Expected dividend yield	1.53%
Risk-free interest rate	1.92%
Expected life at grant date (years) | yr	7
Forfeiture rate	3.39%
Fair value (per unit), in thousands of Russian Roubles | ₽ / shares	₽ 1,028
Total fair value, in thousands of Russian Roubles | ₽	₽ 59,600

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Consolidated Statements of Income and Comprehensive Income - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	[1]	Dec. 31, 2017	[2]
Statement of comprehensive income [abstract]
Revenue	₽ 7,788,741	₽ 6,117,773		₽ 4,732,539
Operating costs and expenses (exclusive of depreciation and amortization)	(4,300,263)	(3,432,860)		(2,788,576)
Depreciation and amortization	(683,317)	(586,131)		(560,961)
Operating income	2,805,161	2,098,782		1,383,002
Finance income	76,764	90,602		70,924
Finance costs	(603,280)	(644,326)		(706,036)
Gain on disposal of subsidiary		6,131		439,115
Net foreign exchange (loss)/gain	(46,508)	(8,742)		96,300
Share of loss of equity-accounted investees (net of income tax)	(30,542)
Other income	23,853
Profit before income tax	2,225,448	1,542,447		1,283,305
Income tax expense	(644,422)	(509,602)		(820,503)
Net income for the year	1,581,026	1,032,845		462,802
Attributable to:
Owners of the Company	1,448,018	949,307		400,189
Non-controlling interest	133,008	83,538		62,613
Items that are or may be reclassified subsequently to profit or loss:
Foreign currency translation differences	(41,818)	25,205		54,775
Total comprehensive income, net of tax	1,539,208	1,058,050		517,577
Attributable to:
Owners of the Company	1,408,597	974,756		455,627
Non-controlling interest	₽ 130,611	₽ 83,294		₽ 61,950
Earnings per share
Basic (in Russian Roubles per share)	₽ 28.96	₽ 18.99		₽ 8.00
Diluted (in Russian Roubles per share)	₽ 28.42	₽ 18.99		₽ 8.00

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Disposal of subsidiary

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Disposal of subsidiary

18. Disposal of subsidiary

(a) Disposal of HeadHunter LLC (Ukraine)

On April 26, 2018 the Group sold its 51% share in its subsidiary HeadHunter LLC (Ukraine), through which the Group has conducted operations in its “Ukraine” operating segment, to the minority shareholders for a consideration (to be received) of RUB 2,624 thousand and recognized a gain on disposal of subsidiary in the amount of RUB 6,131 thousand.

Effect of disposal on the financial position of the Group

(in thousands of Russian Roubles)

	For the year ended December 31, 2018
Consideration to be received		2,624
Less net liabilities, including:
Assets disposed		(19,162	)
Liabilities disposed		26,756
Total net liabilities		7,594
Less currency translation reserve released on disposal		44
Less non-controlling interest disposed		(4,131	)
Gain on disposal of subsidiary		6,131
Consideration received, satisfied in cash		—
Cash and cash equivalents disposed of		(10,847	)
Net cash outflow		(10,847	)

The consideration will be received in accordance with the payment schedule starting from October 1, 2020 and ending by March 31, 2023. The discounted amount of the non-current portion of the consideration to be received is presented within “Other non-current assets” in the consolidated financial statements.

Results from operations of subsidiary disposed

(in thousands of Russian Roubles)

	For the year ended December 31,
	2018			2017
Revenue		16,484			39,395
Operating costs and expenses (exclusive of depreciation and amortization)		(23,770	)		(38,092	)
Depreciation and amortization		(101	)		(245	)
Operating (loss)/income		(7,387	)		1,058
Net foreign exchange gain		231			670
(Loss)/profit before income tax		(7,156	)		1,728
Income tax recovery/(expense)		670			(345	)
Net (loss)/income for the year		(6,486	)		1,383
Attributable to:
Owners of the Company		(3,308	)		706
Non-controlling interest		(3,178	)		678

(b) Disposal of CV Keskus OU

On March 29, 2017, the Group sold its 100% share in its subsidiary CV Keskus OU, through which the Group has conducted its operations in Estonia, Latvia and Lithuania, to a third party for the consideration of RUB 797,352 thousand.

The gain on disposal included in the profit before income tax for the year ended December 31, 2017 amounted to RUB 439,115 thousand.

Effect of disposal on the financial position of the Group

(in thousands of Russian Roubles)

	For the year ended December 31, 2017
Cash received		797,352
Less settlement of loan		(30,658	)
Less net assets, including:
Assets held for sale		(358,976	)
Liabilities held for sale		115,683
Total net assets		(243,293	)
Less currency translation reserve released on disposal		(84,286	)
Gain on disposal of subsidiary		439,115
Consideration received, satisfied in cash		797,352
Cash and cash equivalents disposed of		(32,775	)
Net cash inflow		764,577

Results from operations of subsidiary disposed

(in thousands of Russian Roubles)

	For the year ended December 31, 2017
Revenue		54,191
Operating costs and expenses (exclusive of depreciation and amortization)		(38,307	)
Depreciation and amortization		—
Operating income		15,884
Net finance costs		(2	)
Profit before income tax		15,882
Income tax		—
Net income for the year		15,882

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Trade And Other Payables (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Non-current trade and other payables
Payables to employees	₽ 4,239	₽ 13,967
Total	4,239	13,967	[1]
Current trade and other payables
Taxes payable	424,322	342,881
Trade payables	109,487	83,311
IPO-related accrued expenses	2,414	39,215
Payables to employees	214,548	164,069
Dividends payable to non-controlling interest		5,916
Other payables	29,448	20,485
Total	₽ 780,219	₽ 655,877	[1]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Reporting entity

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Reporting entity

1. Reporting entity

(a) Organization and operations

HeadHunter Group PLC (the “Company”), together with its subsidiaries (the “Group”, “We”, “Our”, “Ours”), is Russia’s leading online recruiting website hh.ru. We help employers and job seekers in Russia connect with each other. We also operate in Belarus, Kazakhstan and other countries.

The Company’s registered address is 42 Dositheou Street, Strovolos, Nicosia, Cyprus and business address is 9/10 Godovikova str., Moscow, Russia.

The Company has changed its name from Zemenik Trading Limited to HeadHunter Group PLC on March 1, 2018.

On May 8, 2019 the Group has completed the initial public offering of American Depositary Shares, or ADSs. Each ADS represent one ordinary share of the Group. The Group’s existing shareholders have offered 16,304,348 of the Group’s ADSs in this offering. The initial public offering price is $13.50 per ADS. On May 10, 2019 the underwriters have exercised their option to purchase 2,445,652 additional ADSs from the existing shareholders at the public offering price, less the underwriting discount. The ADSs are listed on The Nasdaq Global Select Market under the symbol “HHR”.

Subsequent to completion of the initial public offering, Highworld Investments Limited and ELQ Investors VIII Limited collectively have 62.5% of the Group’s voting shares.

On June 19, 2019 the Group has obtained a Russian tax residency status. As a Russian tax resident, the Group is subject to the Russian Tax Code requirements.

(b) Business environment

The Group’s operations are primarily located in the Russian Federation. Consequently, the Group is exposed to the economic and financial markets of the Russian Federation, which display the characteristics of an emerging market. The legal, tax and regulatory frameworks continue development, but are subject to varying interpretations and frequent changes which contribute together with other legal and fiscal impediments to the challenges faced by entities operating in the Russian Federation.

Starting in 2014, the United States of America, the European Union and some other countries have imposed and expanded economic sanctions against a number of Russian individuals and legal entities. The imposition of the sanctions has led to increased economic uncertainty, including more volatile equity markets, a depreciation of the Russian rouble, a reduction in both local and foreign direct investment inflows and a significant tightening in the availability of credit. As a result, some Russian entities may experience difficulties accessing the international equity and debt markets and may become increasingly dependent on state support for their operations. The longer-term effects of the imposed and possible additional sanctions are difficult to determine.

In addition, the first months of 2020 have seen significant global market turmoil triggered by the outbreak of the coronavirus. Together with other factors, this has resulted in a sharp decrease in oil prices and the stock market indices, as well as the depreciation of the Russian rouble. These developments are further increasing the level of uncertainty in the Russian business environment.

The consolidated financial statements reflect management’s assessment of the impact of the Russian business environment on the operations and the financial position of the Group. The future business environment may differ from management’s assessment.

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Trade and other payables

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Trade and other payables

22. Trade and other payables

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Non-current trade and other payables
Payables to employees		4,239		13,967
Total		4,239		13,967
Current trade and other payables
Taxes payable		424,322		342,881
Trade payables		109,487		83,311
IPO-related accrued expenses		2,414		39,215
Payables to employees		214,548		164,069
Dividends payable to non-controlling interest		—		5,916
Other payables		29,448		20,485
Total		780,219		655,877

The Group’s exposure to currency and liquidity risk related to trade and other payables is disclosed in note 25.

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Related parties - Summary of key management personnel remuneration (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Key Management Personnel Remuneration [Abstract]
Salary and bonus	₽ 116,784	₽ 129,194	₽ 80,627
Management incentive agreement, including related social taxes	167,004	53,290	61,207
Pension contributions	12,825	13,432	10,583
Other social contributions	6,404	6,824	4,950
Total remuneration	₽ 303,017	₽ 202,740	₽ 157,367

XML

Income taxes - Summary of deferred tax assets and liabilities (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	₽ 149,835	₽ 92,094	[1]
Deferred tax liabilities	(512,804)	(1,070,240)	[1]
Net deferred tax liability	(362,969)	(978,146)		₽ (1,206,602)
Unused Vacation Accruals [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	8,614	7,297
Employee Benefits [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	13,323	9,926
Contract Liabilities [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	135,203	90,159
Trade and Other Receivable [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	7,728	4,066
Right Of Use Assets And Lease Liabilities [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	4,139
Deferred Tax Assets Netting [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	(19,172)	(19,354)
Property, plant and equipment [member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liabilities	(9,696)	(6,895)
Intangible assets other than goodwill [member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liabilities	(9,476)	(14,182)
Intangible Assets Identified On Acquisition [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liabilities	(512,804)	(595,962)
Deferred Tax On Intra Group Dividends And Unremitted Earnings [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liabilities		(472,555)
Deferred Tax Liabilities Netting [Member]
Disclosure Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax liabilities	₽ 19,172	₽ 19,354

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Reporting entity - Additional Information (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2019	May 10, 2019	May 08, 2019
Reporting Entity [Line Items]
Proportion of voting rights held	62.50%
American Depositary Shares [Member]
Reporting Entity [Line Items]
Sale of existing shares in IPO			16,304,348
Offering price per share			$ 13.50
American Depositary Shares [Member] | Underwriters [Member]
Reporting Entity [Line Items]
Sale of existing shares in IPO		2,445,652

XML

Changes in significant accounting policies - Summary of Measuring Lease Liabilities for Leases that were Previously Classified as Operating Leases (Detail) - Increase (decrease) due to changes in accounting policy required by IFRSs [member] ₽ in Thousands	Jan. 01, 2019 RUB (₽)
Disclosure Of Measuring Lease Liabilities For Leases Previously Classified As Operating Leases [Line Items]
Beginning Balance	₽ 443,292
Discounted using the incremental borrowing rate at January 1, 2019	343,455
Ending Balance	₽ 343,455

XML

Intangible assets and goodwill - Additional Information (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018	[1]	May 30, 2016
Disclosure of detailed information about intangible assets [abstract]
Goodwill	₽ 6,954,183	₽ 6,989,255
Percentage of voting equity interests acquired	100.00%			100.00%

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Equity-accounted investees - Summary of cash consideration transferred (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	May 06, 2019	Dec. 31, 2018	[1]
Disclosure of cash consideration transferred [line Items]
Goodwill	₽ 6,954,183		₽ 6,989,255
Skillaz [member]
Disclosure of cash consideration transferred [line Items]
Call option		₽ 25,341
Group's share of net assets (25.01%)	80,329
Goodwill	₽ 158,757	158,757
Cash consideration transferred		234,730
Skillaz [member] | Level 3 of fair value hierarchy [member]
Disclosure of cash consideration transferred [line Items]
Group's share of net assets (25.01%)		202,447
Equity attributable to owners of parent [member] | Level 3 of fair value hierarchy [member]
Disclosure of cash consideration transferred [line Items]
Group's share of net assets (25.01%)		₽ 50,632

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Significant accounting policies - Additional Information (Detail) - shares	Dec. 31, 2019	Dec. 31, 2018	Mar. 01, 2018	Feb. 28, 2018
Text Block [Abstract]
Number of shares authorised	60,000,000	50,000,000	50,000,000	100,000

XML

Property and equipment (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about property, plant and equipment [abstract]

Summary of Property, Plant and Equipment

	Servers and computers			Office equipment, furniture and other			Leasehold improvements			Total
Cost
Balance at January 1, 2019		116,596			100,306			29,139			246,041
Additions		65,431			123,152			197,459			386,042
Disposals		(7,870	)		(7,154	)		(16,796	)		(31,820	)
Foreign currency translation difference		—			(820	)		(71	)		(891	)
Balance at December 31, 2019		174,157			215,484			209,731			599,372
Depreciation
Balance at January 1, 2019		43,662			56,234			12,335			112,231
Depreciation for the year		28,507			38,429			18,477			85,413
Disposals		(7,646	)		(6,770	)		(13,163	)		(27,579	)
Foreign currency translation difference		—			(425	)		(12	)		(437	)
Balance at December 31, 2019		64,523			87,468			17,637			169,628
Net book value
At December 31, 2019		109,634			128,016			192,094			429,744

(in thousands of Russian Roubles)

	Servers and computers			Office equipment, furniture and other			Leasehold improvements		Total
Cost
Balance at January 1, 2018		42,549			58,987			25,562		127,098
Additions		74,769			41,861			3,552		120,182
Disposals		(722	)		—			—		(722	)
Foreign currency translation difference		—			(542	)		25		(517	)
Balance at December 31, 2018		116,596			100,306			29,139		246,041
Depreciation
Balance at January 1, 2018		17,894			26,319			6,170		50,383
Depreciation for the year		26,490			29,915			6,159		62,564
Disposals		(722	)		—			—		(722	)
Foreign currency translation difference		—			—			6		6
Balance at December 31, 2018		43,662			56,234			12,335		112,231
Net book value
At December 31, 2018		72,934			44,072			16,804		133,810

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Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of disaggregation of revenue from contracts with customers [line items]

Schedule of disaggregation of revnue

(a) Disaggregation of revenue from contracts with customers

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019						2018						2017*
	Russia		Other segments		Total segments		Russia		Other segments		Total segments		Russia		Other segments		Total segments
Bundled Subscriptions		2,154,831		69,120		2,223,951		1,884,557		61,822		1,946,379		1,522,729		29,891		1,552,620
CV Database Access		1,508,085		253,643		1,761,728		1,196,770		204,768		1,401,538		920,601		163,323		1,083,924
Job Postings		2,900,678		211,510		3,112,188		2,108,342		119,584		2,227,926		1,498,721		140,769		1,639,490
Other VAS		648,168		42,706		690,874		510,755		31,175		541,930		416,428		40,077		456,505
Total revenue		7,211,762		576,979		7,788,741		5,700,424		417,349		6,117,773		4,358,479		374,060		4,732,539

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

Schedule of receivables, contract assets and contract liabilities

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.

(in thousands of Russian Roubles)

			For the year ended December 31,
	Note		2019		2018
Receivables, which are included in “Trade and other receivables”		16		52,462		32,858
Contract liabilities				2,367,416		2,072,640

Russia

Disclosure of disaggregation of revenue from contracts with customers [line items]

Schedule of disaggregation of revnue

In the following table, revenue from contracts with customers of Russian segment is disaggregated by type of customer account:

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019		2018		2017
Key Accounts in Russia
Moscow and St.Petersburg		1,981,959		1,695,823		1,454,278
Other regions of Russia		664,649		547,710		426,384
Sub-total		2,646,608		2,243,533		1,880,662
Small and Medium Accounts in Russia
Moscow and St.Petersburg		2,579,517		2,150,685		1,641,225
Other regions of Russia		1,614,359		1,036,346		624,200
Sub-total		4,193,876		3,187,031		2,265,425
Foreign customers of Russia segment		41,385		31,507		20,342
Other customers in Russia		329,893		238,353		192,050
Total for “Russia” operating segment		7,211,762		5,700,424		4,358,479

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Consolidated Statements of Financial Position - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018	[1]
Non-current assets
Goodwill	₽ 6,954,183	₽ 6,989,255
Intangible assets	2,733,417	3,154,605
Property and equipment	429,744	133,810
Equity-accounted investees	178,847
Right-of-use assets	279,249
Deferred tax assets	149,835	92,094
Other financial assets	25,341
Other non-current assets	22,134	3,304
Total non-current assets	10,772,750	10,373,068
Current assets
Trade and other receivables	57,908	40,718
Prepaid expenses and other current assets	119,249	64,386
Cash and cash equivalents	2,089,215	2,861,110
Total current assets	2,266,372	2,966,214
Total assets	13,039,122	13,339,282
Equity
Share capital	8,547	8,547
Share premium	1,863,877	1,729,400
Foreign currency translation reserve	(105,191)	(66,957)
Retained earnings	1,587,697	1,302,981
Total equity attributable to owners of the Company	3,354,930	2,973,971
Non-controlling interest	33,263	29,449
Total equity	3,388,193	3,003,420
Non-current liabilities
Loans and borrowings	4,064,501	5,203,692
Lease liabilities	230,802
Deferred tax liabilities	512,804	1,070,240
Trade and other payables	4,239	13,967
Provisions	19,498
Other non-current liabilities	126,828
Total non-current liabilities	4,958,672	6,287,899
Current liabilities
Contract liabilities	2,367,416	2,072,640
Trade and other payables	780,219	655,877
Loans and borrowings (current portion)	1,064,554	1,233,924
Lease liabilities (current portion)	59,816
Income tax payable	369,974	85,522
Provisions (current portion)	26,398
Other current liabilities	23,880
Total current liabilities	4,692,257	4,047,963
Total liabilities	9,650,929	10,335,862
Total equity and liabilities	₽ 13,039,122	₽ 13,339,282

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Cash and cash equivalents

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Cash and cash equivalents

17. Cash and cash equivalents

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Petty cash		860		165
Bank balances		2,012,424		2,788,772
Call deposits		75,931		72,173
Total cash and cash equivalents		2,089,215		2,861,110

Call deposits represent callable deposits with original maturities of three months or less. The Group’s exposure to interest rate risk and credit risk and a sensitivity analysis for financial assets and liabilities are disclosed in note 25.

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Leases - Summary Of Right-of-use Assets (Detail) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽)
Presentation of leases for lessee [abstract]
Balance at January 1, 2019	₽ 345,051
Additions to right-of-use assets	6,391
Modification of right-of use assets	2,756
Depreciation charge for the year	(74,365)
Translation difference	(584)
Balance at December 31, 2019	₽ 279,249

XML

Basis of accounting

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Basis of accounting

2. Basis of accounting

(a) Basis of presentation

The Company was incorporated on May 28, 2014 as an investment vehicle of investment funds affiliated with Elbrus Capital Private Equity Fund and Goldman Sachs ESSG.

On February 24, 2016 (the “Acquisition Date”) the Company acquired 100% ownership interest in Headhunter FSU Limited, collectively with its subsidiaries referred to as “HeadHunter”, from Mail.Ru Group Limited (LSE: MAIL) (the “Acquisition”). The Company had no material operations before the Acquisition Date and has succeeded to substantially all of the business of HeadHunter after the Acquisition.

The Acquisition was accounted for as a business combination using the acquisition method of accounting.

(b) Statement of compliance

These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the International Accounting Standards Board (“IASB”). These consolidated financial statements have not been prepared for the purpose of satisfying the statutory filing requirements of the Company.

(c) Going concern

The financial position of the Group, its cash flows, liquidity position and credit facilities are described in the primary statements and notes of these consolidated financial statements, including note 21 in relation to the long-term bank loan obtained by the Group in order to finance the Acquisition. In addition, note 25 includes the Group’s policies for managing its liquidity risk.

Taking into account significant positive cash inflows from operating activities, current and future developments and principal risks and uncertainties, and making appropriate enquiries, management has a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, which is at least 12 months from the date when these consolidated financial statements were authorised for issue. Accordingly, they are satisfied that the consolidated financial statements should be prepared on a going concern basis.

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Loans and borrowings

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Loans and borrowings

21. Loans and borrowings

Loans and borrowings of the Group are presented in the table below.

(in thousands of Russian Roubles)

	December 31, 2019		December 31, 2018
Long-term loans and borrowings:
Bank loan		4,064,501		5,203,692
Total		4,064,501		5,203,692
Current loans and borrowings:
Bank loan – current portion		1,064,554		962,362
Bank loan – interest		—		—
Other loan – principal		—		270,000
Other loan – interest		—		1,562
Total		1,064,554		1,233,924

(a) Bank loan

The Group’s loans and borrowings at December 31, 2019 are represented by a RUB 7 billion bank loan facility which is provided by a major state-owned bank PJSC ‘VTB Bank’. The bank loan amounting to RUB 5 billion was obtained by the Group in May 2016 to finance the acquisition of 100% ownership interest in HeadHunter from Mail.Ru Group Limited (LSE: MAIL). On October 5, 2017 the Group entered into a supplemental agreement which increased the amount of the bank loan facility from RUB 5 billion to RUB 7 billion and distributed RUB 2 billion to shareholders.

The major terms of the loan are as follows:

• Interest rate: Central Bank of Russia Key Rate + 2%;

• Ultimate maturity: October 2022;

• Principal financial covenants: the ratio of net debt to EBITDA (as defined in the loan agreement), the ratio of EBITDA to interest expense, the minimum amount of revenue, and the minimum amount of cash sales.

On April 22, 2019, the Group signed a new amendment agreement to the Credit Facility, which provides, among other things, for a new tranche in the amount of RUB 3 billion, which expired on August 20, 2019 and was unused.

As at December 31, 2019 and 2018 the Group was compliant with all financial and other covenants per the loan agreement.

The loan is collateralized with shares of Headhunter FSU Limited, and participation interests in Headhunter LLC (Russia) and Zemenik LLC, the above-mentioned entities being key holding and operating entities of the Group.

The loan agreement includes various legal restrictions including change of control provisions, issuance of capital, restructuring, restrictions/consent on limits of shareholder distributions, and sale and purchase of assets.

The carrying amounts of the bank loan approximated their fair values at each reporting date.

(b) Other loan

On March 13, 2019, the Group has fully repaid the loan of RUB 270 million which was obtained by the Group in December 2018 from an associate of a non-controlling shareholder with significant influence on the Group as of December 31, 2019.

(c) Reconciliation of movements of liabilities to cash flows arising from financing activities

The table below details changes in the Group’s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statement of cash flows as cash flows from financing activities.

(in thousands of Russian Roubles)

	Bank and other loans and borrowings (notes 21 (a), 21(b))			Lease liabilities (note 23)*			Dividends payables to shareholders (note 19(d))			Dividends payables to non- controlling interests (notes 19(d), 22)			Total
Balance at January 1, 2019		6,437,616			343,455			—			5,916			6,786,987
Changes from financing cash flows
Bank loan repaid		(1,055,000	)		—			—			—			(1,055,000	)
Other loan repaid		(270,000	)		—			—			—			(270,000	)
Acquisition of non-controlling interest		—			—			—			(2,107	)		(2,107	)
Dividends paid		—			—			(1,133,501	)		(131,456	)		(1,264,957	)
Repayment of lease liabilities		—			(61,376	)		—			—			(61,376	)
Total changes from financing cash flows		(1,325,000	)		(61,376	)		(1,133,501	)		(133,563	)		(2,653,440	)
Other changes
Interest accrued		565,918			32,941			—			—			598,859
Interest paid		(549,479	)		(32,941	)		—			—			(582,420	)
New leases, including modifications		—			9,147			—			—			9,147
Distributions to shareholders and non-controlling interest		—			—			1,160,345			126,460			1,286,805
Forex gain		—			—			(26,844	)		—			(26,844	)
Foreign currency translation differences		—			(608	)		—			1,187			579
Total other changes		16,439			8,539			1,133,501			127,647			1,286,126
Balance at December 31, 2019		5,129,055			290,618			—			—			5,419,673

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

(in thousands of Russian Roubles)

	Bank and other loans and borrowings (notes 21 (a), 21(b))			Dividends payables to non- controlling interests (note 19(d))			Total
Balance at January 1, 2018		6,837,293			3,225			6,840,518
Changes from financing cash flows
Other loan received		270,000			—			270,000
Bank loan repaid		(690,000	)		—			(690,000	)
Dividends paid		—			(77,629	)		(77,629	)
Total changes from financing cash flows		(420,000	)		(77,629	)		(497,629	)
Other changes
Interest accrued		644,326			—			644,326
Interest paid		(624,003	)		—			(624,003	)
Foreign currency translation differences		—			470			470
Distributions to shareholders and non-controlling interest		—			79,850			79,850
Total liability related other changes		20,323			80,320			100,643
Balance at December 31, 2018		6,437,616			5,916			6,443,532

(in thousands of Russian Roubles)

	Bank loan (notes 21 (a), 21(b))			Payables to shareholders (note 19 (d))			Dividends payable to non- controlling interest (notes 22, 19 (d))			Total
Balance at January 1, 2017		4,909,099			—			—			4,909,099
Changes from financing cash flows
Bank loan received		2,000,000			—			—			2,000,000
Bank loan origination fees		(14,412	)		—			—			(14,412	)
Bank loan repaid		(100,000	)		—			—			(100,000	)
Distribution to shareholders		—			(3,109,631	)		—			(3,109,631	)
Dividends paid to non-controlling interest		—			—			(49,804	)		(49,804	)
Total changes from financing cash flows		1,885,588			(3,109,631	)		(49,804	)		(1,273,847	)
Other changes
Interest accrued		706,036			—			—			706,036
Interest paid		(663,430	)		—			—			(663,430	)
Distributions to shareholders and non-controlling interest		—			3,375,197			53,029			3,428,226
Offset of shareholders’ loans		—			(265,566	)		—			(265,566	)
Total liability related other changes		42,606			3,109,631			53,029			3,205,266
Balance at December 31, 2017		6,837,293			—			3,225			6,840,518

XML

Management incentive agreement - Summary Of Share Awards Issued (Detail) - 2016 HeadHunter Unit Option Plan [Member] ₽ / shares in Thousands, ₽ in Thousands	12 Months Ended
	Dec. 31, 2019 RUB (₽) units ₽ / shares
Series 1 [member]
Disclosure of share awards issued [line Items]
Number of units | units	801
Grant date	May 10, 2016
Exercise price | ₽ / shares	₽ 500
Fair value at grant date | ₽	₽ 160,871
Series 2 [member]
Disclosure of share awards issued [line Items]
Number of units | units	20
Grant date	September 1, 2017
Exercise price | ₽ / shares	₽ 500
Fair value at grant date | ₽	₽ 25,511
Series 3 [member]
Disclosure of share awards issued [line Items]
Number of units | units	15
Grant date	September 1, 2017
Exercise price | ₽ / shares	₽ 900
Fair value at grant date | ₽	₽ 15,415
Series 4 [member]
Disclosure of share awards issued [line Items]
Number of units | units	12
Grant date	December 1, 2017
Exercise price | ₽ / shares	₽ 900
Fair value at grant date | ₽	₽ 13,070
Series 5 [member]
Disclosure of share awards issued [line Items]
Number of units | units	8
Grant date	March 1, 2018
Exercise price | ₽ / shares	₽ 900
Fair value at grant date | ₽	₽ 8,478
Series 6 [member]
Disclosure of share awards issued [line Items]
Number of units | units	14
Grant date	May 28, 2019
Exercise price | ₽ / shares	₽ 500
Fair value at grant date | ₽	₽ 27,671
Series 7 [member]
Disclosure of share awards issued [line Items]
Number of units | units	20
Grant date	May 28, 2019
Exercise price | ₽ / shares	₽ 1,250
Fair value at grant date | ₽	₽ 22,191

XML

Loans and borrowings - Summary Of Loans And Borrowings (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Long-term loans and borrowings:
Bank loan	₽ 4,064,501	₽ 5,203,692
Total	4,064,501	5,203,692	[1]
Current loans and borrowings:
Bank loan – current portion	1,064,554	962,362
Other loan – principal		270,000
Other loan – interest		1,562
Total	₽ 1,064,554	₽ 1,233,924	[1]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Subsequent events - Additional Information (Detail) $ / shares in Units, ₽ in Thousands, $ in Thousands	Mar. 11, 2020 RUB (₽)	Mar. 11, 2020 USD ($) $ / shares	Jan. 31, 2020 RUB (₽)
Statement [Line Items]
Interim dividend declared per share | $ / shares		$ 0.50
Interim dividend declared amount	₽ 1,800,520	$ 25,000,000
Office Premises [Member] | Entering into significant commitments or contingent liabilities [member]
Statement [Line Items]
Additional contractual capital commitments | ₽			₽ 65,082

XML

Related parties - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2019
HIGHWORLD INVESTMENTS LTD
Disclosure of transactions between related parties [line items]
Percentage of shares held by related party	37.49999%
ELQ Investors VIII Limited
Disclosure of transactions between related parties [line items]
Percentage of shares held by related party	25.00%

XML

Equity-accounted investees - Summary of equity-accounted investees (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	May 06, 2019	Dec. 31, 2018	[1]
Disclosure of reconciliation of fair value of summarised financial information of associate accounted for using equity method [line item]
Non-current assets	₽ 10,772,750		₽ 10,373,068
Current assets	2,266,372		2,966,214
Non-current liabilities	(4,958,672)		(6,287,899)
Current liabilities	(4,692,257)		₽ (4,047,963)
Skillaz [member]
Disclosure of reconciliation of fair value of summarised financial information of associate accounted for using equity method [line item]
Non-current assets	95,717
Current assets	70,697
Non-current liabilities	(26,606)
Current liabilities	(59,479)
Net assets	₽ 80,329
Level 3 of fair value hierarchy [member] | Skillaz [member]
Disclosure of reconciliation of fair value of summarised financial information of associate accounted for using equity method [line item]
Non-current assets		₽ 135,059
Current assets		100,714
Non-current liabilities		(20,168)
Current liabilities		(13,158)
Net assets		202,447
Level 3 of fair value hierarchy [member] | Equity attributable to owners of parent [member]
Disclosure of reconciliation of fair value of summarised financial information of associate accounted for using equity method [line item]
Net assets		₽ 50,632

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

XML

Changes in significant accounting policies - Summary of Impact Net of Tax of Transition To IFRS 9 On Retained Earnings (Detail) - RUB (₽) ₽ in Thousands	Jan. 01, 2018	Dec. 31, 2019	Dec. 31, 2018	[1]
Disclosure Of Impact Net Of Tax Of Transition To IFRS 9 On Retained Earnings [Line Items]
Recognition of expected credit losses under IFRS 9 (net of tax)	₽ (2,935)
Retained earnings		₽ 1,587,697	₽ 1,302,981
Effect of overlay approach reclassification [member]
Disclosure Of Impact Net Of Tax Of Transition To IFRS 9 On Retained Earnings [Line Items]
Retained earnings	₽ (2,935)

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Income taxes - Summary of reconciliation of effective tax rate (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Profit before income tax	₽ 2,225,448	₽ 1,542,447	[1]	₽ 1,283,305	[2]
Income tax at 20% tax rate	(445,090)	(308,489)		(256,661)
Effect of tax rates in foreign jurisdictions	(23,408)	(40,204)		5,070
Withholding tax on intra-group dividend and unremitted earnings	60,436	39,879		(105,771)
Derecognition of indemnification asset				(325,269)
Non-taxable gain from sale of subsidiary (note 18)		766		87,823
Unrecognized deferred tax asset	(113,047)	(109,094)		(141,207)
Non-deductible interest expense	(18,421)	(49,149)		(48,079)
Non-deductible expenses related to management incentive agreement	(35,485)	(15,730)		(15,789)
Other net non-taxable income and (non-deductible expense)	(69,407)	(27,581)		(20,620)
Income tax expense	₽ (644,422)	₽ (509,602)	[1]	₽ (820,503)	[2]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Related parties (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of key management personnel remuneration

	For the years ended December 31,
	2019		2018		2017
Salary and bonus		116,784		129,194		80,627
Management incentive agreement, including related social taxes		167,004		53,290		61,207
Pension contributions		12,825		13,432		10,583
Other social contributions		6,404		6,824		4,950
Total remuneration		303,017		202,740		157,367

Summary of board of directors remuneration

	For the years ended December 31
	2019		2018		2017
Cash compensation		17,281		—		—
Equity awards		15,025		—		—
Pension contributions		2,930		—		—
Other social contributions		195		—		—
Total remuneration		35,431		—		—

Summary of transactions with other related parties

	Loans granted to related parties				Services provided to and received from related parties
	Amounts owed by related parties		Interest income		Services provided to related parties		Amounts owed by related parties		Services received from related parties			Amounts owed to related parties
For the year ended and as of December 31, 2019
Shareholders of the Group		—		—		—		—		9,309	*		—
Subsidiaries of shareholders exercising significant influence over the Group		—		—		7,448		—		—			270
		—		—		7,448		—		9,309			270
For the year ended and as of December 31, 2018
Shareholders of the Group		—		—		—		1,129		—			—
Subsidiaries of shareholders exercising significant influence over the Group		—		—		2,593		—		—			1,478
		—		—		2,593		1,129		—			1,478
For the year ended and as of December 31, 2017
Shareholders of the Group		—		10,733		—		—		—			—
Subsidiaries of shareholders exercising significant influence over the Group		—		—		3,313		—		—			1,461
Minority shareholders		—		179		—		—		—			—
		—		10,912		3,313		—		—			1,461

XML

Changes in significant accounting policies - Summary of Transition To IFRS 16 (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	[1]
Disclosure OF Transition To IFRS Sixteen [Abstract]
Right-of-use assets	₽ 279,249	₽ 345,051
Lease liabilities		(343,455)
Prepaid expenses and other current assets		₽ (1,596)

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

XML

Intangible assets and goodwill - Summary Of Changes in Cost, Accumulated Amortization and Impairment Losses of Intangible Assets (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Disclosure of detailed information about intangible assets [line items]
Beginning balance	₽ 10,143,860
Ending balance	9,687,600	₽ 10,143,860
Goodwill [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	6,989,255
Ending balance	6,954,183	6,989,255
CV database [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	463,441
Ending balance	399,880	463,441
Non- contractual customer relationships [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,464,695
Ending balance	1,260,319	1,464,695
Trademarks and domains [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,089,225
Ending balance	943,867	1,089,225
Website software [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	102,688
Ending balance	89,753	102,688
Patents and copyrights [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,599
Ending balance	1,295	1,599
Other software, licenses and other [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	32,957
Ending balance	38,303	32,957
Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	11,444,838	11,426,249
Additions arising from internal development	31,930	48,072
Other additions	73,995	86,656
Disposals	(96,647)	(142,202)
Foreign currency translation difference	(35,735)	26,063
Ending balance	11,418,381	11,444,838
Gross carrying amount [member] | Goodwill [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	6,989,255	6,963,369
Foreign currency translation difference	(35,072)	25,886
Ending balance	6,954,183	6,989,255
Gross carrying amount [member] | CV database [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	635,605	594,263
Other additions		41,342
Ending balance	635,605	635,605
Gross carrying amount [member] | Non- contractual customer relationships [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	2,043,760	2,043,760
Ending balance	2,043,760	2,043,760
Gross carrying amount [member] | Trademarks and domains [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,519,855	1,519,849
Other additions	7,115
Foreign currency translation difference	(81)	6
Ending balance	1,526,889	1,519,855
Gross carrying amount [member] | Website software [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	198,620	217,231
Additions arising from internal development	31,930	48,072
Other additions	5,175	7,697
Disposals	(72,259)	(74,380)
Ending balance	163,466	198,620
Gross carrying amount [member] | Patents and copyrights [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	4,440	3,013
Other additions	1,722	1,765
Disposals	(166)	(338)
Foreign currency translation difference	(261)
Ending balance	5,735	4,440
Gross carrying amount [member] | Other software, licenses and other [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	53,303	84,764
Other additions	59,983	35,852
Disposals	(24,222)	(67,484)
Foreign currency translation difference	(321)	171
Ending balance	88,743	53,303
Accumulated depreciation and amortisation [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	1,300,978	918,537
Disposals	(93,401)	(141,101)
Foreign currency translation difference	(335)	76
Amortization for the year	523,539	523,466
Ending balance	1,730,781	1,300,978
Accumulated depreciation and amortisation [member] | CV database [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	172,164	108,948
Amortization for the year	63,561	63,216
Ending balance	235,725	172,164
Accumulated depreciation and amortisation [member] | Non- contractual customer relationships [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	579,065	374,689
Amortization for the year	204,376	204,376
Ending balance	783,441	579,065
Accumulated depreciation and amortisation [member] | Trademarks and domains [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	430,630	278,639
Foreign currency translation difference	(19)	6
Amortization for the year	152,411	151,985
Ending balance	583,022	430,630
Accumulated depreciation and amortisation [member] | Website software [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	95,932	108,468
Disposals	(69,013)	(73,611)
Amortization for the year	46,794	61,075
Ending balance	73,713	95,932
Accumulated depreciation and amortisation [member] | Patents and copyrights [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	2,841	1,195
Disposals	(166)	(6)
Foreign currency translation difference	(11)
Amortization for the year	1,776	1,652
Ending balance	4,440	2,841
Accumulated depreciation and amortisation [member] | Other software, licenses and other [member]
Disclosure of detailed information about intangible assets [line items]
Beginning balance	20,346	46,598
Disposals	(24,222)	(67,484)
Foreign currency translation difference	(305)	70
Amortization for the year	54,621	41,162
Ending balance	₽ 50,440	₽ 20,346

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Intangible assets and goodwill (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about intangible assets [abstract]

Summary Of Changes in Cost, Accumulated Amortization and Impairment Losses of Intangible Assets

	Goodwill			CV database		Non- contractual customer relationships		Trademarks and domains			Website software			Patents and copyrights			Other software, licenses and other			Total
Cost
Balance at January 1, 2019		6,989,255			635,605		2,043,760		1,519,855			198,620			4,440			53,303			11,444,838
Additions arising from internal development		—			—		—		—			31,930			—			—			31,930
Other additions		—			—		—		7,115			5,175			1,722			59,983			73,995
Disposals		—			—		—		—			(72,259	)		(166	)		(24,222	)		(96,647	)
Foreign currency translation difference		(35,072	)		—		—		(81	)		—			(261	)		(321	)		(35,735	)
Balance at December 31, 2019		6,954,183			635,605		2,043,760		1,526,889			163,466			5,735			88,743			11,418,381
Amortization
Balance at January 1, 2019		—			172,164		579,065		430,630			95,932			2,841			20,346			1,300,978
Amortization for the year		—			63,561		204,376		152,411			46,794			1,776			54,621			523,539
Disposals		—			—		—		—			(69,013	)		(166	)		(24,222	)		(93,401	)
Foreign currency translation difference		—			—		—		(19	)		—			(11	)		(305	)		(335	)
Balance at December 31, 2019		—			235,725		783,441		583,022			73,713			4,440			50,440			1,730,781
Net book value
At December 31, 2019		6,954,183			399,880		1,260,319		943,867			89,753			1,295			38,303			9,687,600

	Goodwill		CV database		Non- contractual customer relationships		Trademarks and domains		Website software			Patents and copyrights			Other software, licenses and other			Total
Cost
Balance at January 1, 2018		6,963,369		594,263		2,043,760		1,519,849		217,231			3,013			84,764			11,426,249
Additions arising from internal development		—		—		—		—		48,072			—			—			48,072
Other additions		—		41,342		—		—		7,697			1,765			35,852			86,656
Disposals		—		—		—		—		(74,380	)		(338	)		(67,484	)		(142,202	)
Foreign currency translation difference		25,886		—		—		6		—			—			171			26,063
Balance at December 31, 2018		6,989,255		635,605		2,043,760		1,519,855		198,620			4,440			53,303			11,444,838
Amortization
Balance at January 1, 2018		—		108,948		374,689		278,639		108,468			1,195			46,598			918,537
Amortization for the year		—		63,216		204,376		151,985		61,075			1,652			41,162			523,466
Disposals		—		—		—		—		(73,611	)		(6	)		(67,484	)		(141,101	)
Foreign currency translation difference		—		—		—		6		—			—			70			76
Balance at December 31, 2018		—		172,164		579,065		430,630		95,932			2,841			20,346			1,300,978
Net book value
At December 31, 2018		6,989,255		463,441		1,464,695		1,089,225		102,688			1,599			32,957			10,143,860

Summary of goodwill allocated to CGUs

Carrying amount of goodwill allocated to each of the CGUs:

	December 31, 2019		December 31, 2018
“Russia” operating segment		6,607,362		6,607,362
“Kazakhstan” operating segment		164,853		183,554
“Belarus” operating segment		181,968		198,339
Total goodwill		6,954,183		6,989,255

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Operating costs and expenses (exclusive of depreciation and amortization) (Tables)

12 Months Ended

Dec. 31, 2019

Operating Costs And Expenses [Abstract]

Disclosure Of Detailed Information for Operating Costs And Expenses Explanatory

	For the year ended December 31,
	2019			2018*			2017*
Personnel expenses		(2,234,309	)		(1,717,467	)		(1,505,950	)
Marketing expenses		(1,046,678	)		(939,717	)		(693,246	)
Subcontractor and other costs related to provision of services		(186,337	)		(188,499	)		(117,746	)
Office rent and maintenance		(206,501	)		(241,434	)		(190,104	)
Professional services		(347,963	)		(255,362	)		(205,905	)
Insurance services		(111,251	)		—			—
Hosting and other website maintenance		(40,421	)		(32,825	)		(24,686	)
Other operating expenses		(126,803	)		(57,556	)		(50,939	)
Operating costs and expenses (exclusive of depreciation and amortization)		(4,300,263	)		(3,432,860	)		(2,788,576	)

* The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Finance income and costs - Summary Of Finance Income (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Finance Income [Abstract]
Interest on term deposits	₽ 76,202	₽ 90,270		₽ 60,012
Interest on loans to related parties				10,912
Other finance income	562	332
Total finance income	₽ 76,764	₽ 90,602	[1]	₽ 70,924	[2]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Operating segments - Summary of Reconciliation of Consolidated Operating Costs and Expenses to Segment External Expenses (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Reconciliation Of Consolidated Operating Costs And Expenses To Segment External Expenses [Abstract]
Consolidated operating costs and expenses (exclusive of depreciation and amortization)	₽ 4,300,263	₽ 3,432,860	₽ 2,788,576
Adjustments [Abstract]
IPO-related costs	(190,284)	(110,043)	(122,907)
Insurance cover related to IPO	(100,048)
Management incentive agreement (note 20)	(196,993)	(78,648)	(74,851)
Share-based payments to Board of directors, including social taxes	(15,024)
One-off litigation settlements and legal costs	(17,734)
Transaction costs related to disposal of subsidiary			(17,244)
Restructuring costs	(1,541)	(12,286)	(7,639)
Reversal of expected credit loss		2,488
Other	(1,759)
Segment External expenses (as presented to the CODM)	₽ 3,776,880	₽ 3,234,371	₽ 2,565,935

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Significant accounting policies - Summary of Detailed Information About Intangible Assets Useful Lives (Detail)	12 Months Ended
	Dec. 31, 2019
CV Database [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	10 years
Non-contractual customer relationships [Member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	10 years
Non-contractual customer relationships [Member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	5 years
Domain Names [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	10 years
Patents and trademarks [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	10 years
Website Software [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	3 years
Corporate Office Software Licences And Others [Member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	3 years
Corporate Office Software Licences And Others [Member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Useful life measured as period of time, intangible assets other than goodwill	1 year

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Revenue - Summary Of Revenue From Contracts With Customers Of Russian Segment Is Disaggregated By Type Of Customer (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018		Dec. 31, 2017
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	₽ 7,788,741	₽ 6,117,773	[1]	₽ 4,732,539	[2]
Russia [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	7,211,762	5,700,424		4,358,479
Russia [Member] | Key Accounts [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	2,646,608	2,243,533		1,880,662
Russia [Member] | Small And Medium Accounts [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	4,193,876	3,187,031		2,265,425
Russia [Member] | Foreign Customers [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	41,385	31,507		20,342
Russia [Member] | Other Customers [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	329,893	238,353		192,050
Russia [Member] | Moscow And St.Petersburg [Member] | Key Accounts [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	1,981,959	1,695,823		1,454,278
Russia [Member] | Moscow And St.Petersburg [Member] | Small And Medium Accounts [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	2,579,517	2,150,685		1,641,225
Russia [Member] | Other Regions Of Russia [Member] | Key Accounts [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	664,649	547,710		426,384
Russia [Member] | Other Regions Of Russia [Member] | Small And Medium Accounts [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue	₽ 1,614,359	₽ 1,036,346		₽ 624,200

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Revenue - Additional Information (Detail) - RUB (₽) ₽ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disclosure of disaggregation of revenue from contracts with customers [abstract]
Revenue from nonmonetary transactions	₽ 50,804	₽ 51,254	₽ 47,257
Revenue recognised Included in contract with customer	1,901,767	1,369,370
revenue from performance obligations satisfied	₽ 7,208	₽ 5,259

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Income taxes - Summary of income tax payable (Detail) - RUB (₽) ₽ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Disclosure Of Income Tax Payable [Line Items]
Current income tax payable	₽ 33,647	₽ 85,522
Provision for uncertain income tax positions (note 12(a))	336,326
Total income tax payable	₽ 369,974	₽ 85,522	[1]

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Capital and reserves (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Summary of classes of share capital

(a) Share capital

(Number of shares, unless stated otherwise)
	December 31, 2019		December 31, 2018
Number of shares issued		50,000,000		50,000,000
Number of shares authorized		60,000,000		50,000,000
Par value		EUR 0.002		EUR 0.002
Share capital, RUB thousands		8,547		8,547

Summary of detailed information about equity of parent company

Capital and reserves of the parent company HeadHunter Group PLC as at December 31, 2019 in accordance with local GAAP are presented in the table below.

(in thousands of Russian Roubles)

	December 31, 2019
Share capital		8,547
Share premium		1,581,467
Other reserves		(61	)
Retained earnings		1,593,391
Total equity		3,183,344

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Leases (Tables)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Disclosure of quantitative information about right-of-use assets

(i) Right-of-use assets

(in thousands of Russian Roubles)

	Total
Balance at January 1, 2019		345,051
Additions to right-of-use assets		6,391
Modification of right-of use assets		2,756
Depreciation charge for the year		(74,365	)
Translation difference		(584	)
Balance at December 31, 2019		279,249

Disclosure of quantitative information about lease liabilities

(ii) Lease liabilities

(in thousands of Russian Roubles)

	Total
Balance at January 1, 2019		343,455
New leases		6,391
Modification of leases		2,756
Interest on lease liabilities		32,941
Payment of interest on lease liabilities		(32,941	)
Payment of lease liabilities		(61,376	)
Translation difference		(608	)
Balance at December 31, 2019		290,618
including:
Current portion		59,816
Non-current portion		230,802

Disclosure of detailed information about lease costs recognized

(iii) Amounts recognized in the consolidated statement of income and comprehensive income

(in thousands of Russian Roubles)

	2019
Leases under IFRS 16
Interest on lease liabilities		32,941
Depreciation charge on right-of-use assets		74,365
Expenses relating to short-term leases		16,394
Total		123,700
	2018
Operating leases under IAS 17
Lease expense		84,638

Schedule of cash flow information for leases

(iv) Amounts recognized in the consolidated statement of cash flows

(in thousands of Russian Roubles)

	2019
Total cash outflow for leases		110,710

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Disposal of subsidiary - Additional Information (Detail) ₽ in Thousands	12 Months Ended
	Dec. 31, 2018 RUB (₽)		Dec. 31, 2017 RUB (₽)		Apr. 26, 2018	Mar. 29, 2017
Disclosure of subsidiaries [line items]
Percentage share sold					51
Cash received	₽ 2,624
Gain on disposal	6,131
(Loss)/profit before income tax	₽ 6,131	[1]	₽ 439,115	[2]
CV Keskus OU [Member]
Disclosure of subsidiaries [line items]
Percentage share sold						100
Cash received			797,352
Gain on disposal			439,115
(Loss)/profit before income tax			₽ 439,115

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Equity-accounted investees - Summary of financial information to the carrying amount of the group's interest in associate (Detail) - RUB (₽) ₽ in Thousands		8 Months Ended	12 Months Ended
	May 06, 2019	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	[1]	Dec. 31, 2017	[2]
Disclosure of financial information of associate accounted for using equity method to carrying amount of interest in associate [line Items]
Non-current assets		₽ 10,772,750	₽ 10,772,750	₽ 10,373,068
Current assets		2,266,372	2,266,372	2,966,214
Non-current liabilities		(4,958,672)	(4,958,672)	(6,287,899)
Current liabilities		(4,692,257)	(4,692,257)	(4,047,963)
Goodwill		6,954,183	6,954,183	6,989,255
Carrying amount of the Group's interest in associate		178,847	178,847
Revenue			7,788,741	6,117,773		₽ 4,732,539
Loss from continuing operations (100%)			1,581,026	1,032,845		462,802
Total comprehensive loss (100%)			₽ 1,539,208	₽ 1,058,050		₽ 517,577
Skillaz [Member]
Disclosure of financial information of associate accounted for using equity method to carrying amount of interest in associate [line Items]
Percentage ownership interest	25.01%		25.01%
Non-current assets		95,717	₽ 95,717
Current assets		70,697	70,697
Non-current liabilities		(26,606)	(26,606)
Current liabilities		(59,479)	(59,479)
Net assets		80,329	80,329
Group's share of net assets (25.01%)		20,090	20,090
Goodwill	₽ 158,757	158,757	158,757
Carrying amount of the Group's interest in associate		178,847	₽ 178,847
Revenue		67,701
Loss from continuing operations (100%)		(122,118)
Total comprehensive loss (100%)		(122,118)
Group's share of total comprehensive loss (25.01%)		₽ (30,542)

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

[2] The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

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Significant accounting policies (Policies)

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Basis of consolidation

(a) Basis of consolidation

(i) Business combinations

Business combinations are accounted for using the acquisition method as at the acquisition date, which is the date on which control is transferred to the Group (see 5(a)(iii) below).

The Group measures goodwill at the acquisition date as:

• the fair value of the consideration transferred; plus

• the recognized amount of any non-controlling interests in the acquiree; plus

• if the business combination is achieved in stages, the fair value of the pre-existing equity interest in the acquire; less

• the net recognized amount (generally fair value) of the identifiable assets acquired and liabilities assumed.

Transaction costs, other than those associated with the issue of debt or equity securities, that the Group incurs in connection with a business combination are expensed as incurred.

Any contingent consideration is measured at fair value at the date of acquisition. If an obligation to pay contingent consideration that meets the definition of a financial instrument is classified as equity, then it is not remeasured and settlement is accounted for within equity. Otherwise, other contingent consideration is remeasured at fair value at each reporting date and subsequent changes in the fair value of the contingent consideration are recognized in profit or loss.

(ii) Non-controlling interests

Non-controlling interests are measured at their proportionate share of the acquiree’s identifiable net assets at the acquisition date.

Changes in the Group’s interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions.

(iii) Subsidiaries

Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. The accounting policies of subsidiaries have been changed when necessary to align them with the policies adopted by the Group.

(iv) Loss of control

Upon the loss of control, the Group derecognises the assets and liabilities of the subsidiary, any non-controlling interests and the other components of equity related to the subsidiary. Any surplus or deficit arising on the loss of control is recognized in profit or loss. If the Group retains any interest in the previous subsidiary, then such interest is measured at fair value at the date that control is lost. Subsequently it is accounted for as an equity-accounted investee or in accordance with IFRS 9 depending on the level of influence retained.

(v) Interests in equity-accounted investees

The Group’s interests in equity-accounted investees comprise interests in associates.

Associates are those entities in which the Group has significant influence, but not control or joint control, over the financial and operating policies.

Interests in associates are accounted for using the equity method. They are initially recognized at cost, which includes transaction costs. At the date of acquisition, any excess of the cost of acquisition over the Group’s share of the net fair value of the identifiable assets, liabilities and contingent liabilities of the associate is recognized as goodwill. The goodwill is included within the carrying amount of the investment. Subsequent to initial recognition, the consolidated financial statements include the Group’s share of profit or loss and OCI of equity-accounted investees, after adjustments to align the accounting policies with those of the Group, until the date on which significant influence ceases.

Our investments in associate are generally designated as separate CGUs. The recoverable amount of these CGUs is determined based on a value in use calculation using appropriate financial models.

(vi) Transactions eliminated on consolidation

Intra-group balances and transactions, and any unrealised income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Unrealised gains arising from transactions with equity-accounted investees are eliminated against the investment to the extent of the Group’s interest in the investee. Unrealised losses are eliminated in the same way as unrealised gains, but only to the extent that there is no evidence of impairment.

Foreign currency

(b) Foreign currency

(i) Foreign currency transactions

Transactions in foreign currencies are translated to the respective functional currencies of Group entities at exchange rates at the dates of the transactions.

Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. The foreign currency gain or loss on monetary items is the difference between amortised cost in the functional currency at the beginning of the period, adjusted for effective interest and payments during the period, and the amortised cost in foreign currency translated at the exchange rate at the end of the reporting period.

Non-monetary assets and liabilities denominated in foreign currencies that are measured at fair value are retranslated to the functional currency at the exchange rate at the date that the fair value was determined.

Foreign currency differences arising in retranslation are recognized in profit or loss.

(ii) Foreign operations

The assets and liabilities of foreign operations, including goodwill and fair value adjustments arising on acquisition, are translated to RUB at the exchange rates at the reporting date. The income and expenses of foreign operations are translated to RUB at monthly average exchange rates.

Foreign currency differences are recognized in other comprehensive income, and presented in the foreign currency translation reserve in equity. However, if the operation is a non-wholly owned subsidiary, then the relevant proportionate share of the foreign currency translation difference is allocated to non-controlling interests.

When a foreign operation is disposed of, in part or in full, the relevant amount in the foreign currency translation reserve is transferred to profit or loss as part of the profit or loss on disposal.

Foreign exchange gains and losses arising from a monetary item receivable from or payable to a foreign operation, the settlement of which is neither planned nor likely in the foreseeable future, are considered to form part of a net investment in a foreign operation and are recognized in other comprehensive income, and are presented within equity in the foreign currency translation reserve.

Financial instruments

(c) Financial instruments

The Group has initially applied IFRS 9 from 1 January 2018. The effect of initially applying IFRS 9 is described in Note 4.

(i) Recognition and initial measurement

Trade receivables and debt securities issued are initially recognised when they are originated. All other financial assets and financial liabilities are initially recognised when the Group becomes a party to the contractual provisions of the instrument.

A financial asset (unless it is a trade receivable without a significant financing component) or financial liability is initially measured at fair value plus, for an item not at fair value through profit or loss (FVTPL), transaction costs that are directly attributable to its acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price.

(ii) Classification and subsequent measurement

Financial assets

On initial recognition, a financial asset is classified as measured at: amortised cost; fair value through other comprehensive income (FVOCI) – debt investment; FVOCI – equity investment; or fair value through profit or loss (FVTPL).

Financial assets are not reclassified subsequent to their initial recognition unless the Group changes its business model for managing financial assets, in which case all affected financial assets are reclassified on the first day of the first reporting period following the change in the business model.

A financial asset is measured at amortised cost if it meets both of the following conditions and is not designated as at FVTPL:

• it is held within a business model whose objective is to hold assets to collect contractual cash flows; and

• its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

A debt investment is measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL:

• it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and

• its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

On initial recognition of an equity investment that is not held for trading, the Group may irrevocably elect to present subsequent changes in the investment’s fair value in OCI. This election is made on an investment-by-investment basis.

All financial assets not classified as measured at amortised cost or FVOCI as described above are measured at FVTPL.

On initial recognition, the Group may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortised cost or at FVOCI as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise.

The financial assets of the Group comprise trade and other receivables and cash and cash equivalents, which are classified as measured at amortized cost. Cash and cash equivalents comprise cash balances and call deposits.

These assets are subsequently measured at amortised cost using the effective interest method. The amortised cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognised in profit or loss. Any gain or loss on derecognition is recognised in profit or loss.

Financial liabilities

Financial liabilities are classified as measured at amortised cost or FVTPL. A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognised in profit or loss. Other financial liabilities are subsequently measured at amortised cost using the effective interest method. Interest expense and foreign exchange gains and losses are recognised in profit or loss. Any gain or loss on derecognition is also recognised in profit or loss.

The Group has not designated any financial liabilities at FVTPL and it has no current intention to do so.

(iii) Derecognition and modification

The Group derecognises a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. Any interest in transferred financial assets that is created or retained by the Group is recognized as a separate asset or liability.

The Group derecognises a financial liability when its contractual obligations are discharged or cancelled, or expire.

The Group also derecognises a financial liability when its terms are modified and the cash flows of the modified liability are substantially different. In this case, a new financial liability based on the modified terms is recognised at fair value. The difference between the carrying amount of the financial liability extinguished and the new financial liability with modified terms is recognised in profit or loss.

If a modification (or exchange) does not result in the derecognition of the financial liability the Group applies accounting policy consistent with the requirements for adjusting the gross carrying amount of a financial asset when a modification does not result in the derecognition of the financial asset, i.e. the Group recognises any adjustment to the amortised cost of the financial liability arising from such a modification (or exchange) in profit or loss at the date of the modification (or exchange).

The Group performs a quantitative and qualitative evaluation of whether the modification is substantial considering qualitative factors, quantitative factors and combined effect of qualitative and quantitative factors. The Group concludes that the modification is substantial as a result of the following qualitative factors:

• change the currency of the financial liability;

• change in collateral or other credit enhancement;

• inclusion of conversion option;

• change in the subordination of the financial liability.

For the quantitative assessment the terms are substantially different if the discounted present value of the cash flows under the new terms, including any fees paid net of any fees received and discounted using the original effective interest rate, is at least 10 per cent different from the discounted present value of the remaining cash flows of the original financial liability. If an exchange of debt instruments or modification of terms is accounted for as an extinguishment, any costs or fees incurred are recognised as part of the gain or loss on the extinguishment. If the exchange or modification is not accounted for as an extinguishment, any costs or fees incurred adjust the carrying amount of the liability and are amortised over the remaining term of the modified liability.

Changes in cash flows on existing financial assets or financial liabilities are not considered as modification, if they result from existing contractual terms, e.g. changes in interest rates effectively initiated by the Group due to changes in the CBR key rate, if the loan contract entitles the Group to prepay the loan without significant penalty.

(iv) Offsetting

Financial assets and liabilities are offset and the net amount presented in the statement of financial position when, and only when, the Group currently has a legally enforceable right to set off the recognized amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously. The Group currently has a legally enforceable right to set off if that right is not contingent on a future event and enforceable both in the normal course of business and in the event of default, insolvency or bankruptcy of the Group and all counterparties.

Share capital

(d) Share capital

Ordinary shares

Ordinary shares are classified as equity. Incremental costs directly attributable to issue of ordinary shares and share options are recognized as a deduction from equity, net of any tax effects.

Dividends

Dividends are recognized as a liability in the period in which they are declared.

Property and equipment

(e) Property and equipment

(i) Recognition and measurement

Items of property and equipment are measured at cost less accumulated depreciation and accumulated impairment losses.

Cost includes expenditures that are directly attributable to the acquisition of the asset. Purchased software that is integral to the functionality of the related equipment is capitalised as part of that equipment.

When parts of an item of property and equipment have different useful lives, they are accounted for as separate items (major components) of property and equipment.

Gains and losses on disposal of an item of property and equipment are determined by comparing the proceeds from disposal with the carrying amount of property and equipment, and are recognized net within ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in profit or loss.

(ii) Subsequent costs

The cost of replacing part of an item of property and equipment is recognized in the carrying amount of the item if it is probable that the future economic benefits embodied within the part will flow to the Group and its cost can be measured reliably. The carrying amount of the replaced part is derecognized. The costs of the day-to-day servicing of property and equipment are recognized in profit or loss as incurred.

(iii) Depreciation

Depreciation is calculated over the depreciable amount, which is the cost of an asset, or other amount substituted for cost, less its residual value.

Depreciation is recognized in profit or loss on a straight-line basis over the estimated useful lives of each part of an item of property and equipment, since this most closely reflects the expected pattern of consumption of the future economic benefits embodied in the asset.

The estimated useful lives for the current and comparative periods are as follows:

•  core systems equipment	2-5 years
•  office equipment	2-5 years
•  furniture and fixtures	2-5 years
•  leasehold improvements	3-5 years (the shorter of five years or the remaining period of the lease term)
•  other property and equipment	1-3 years

Depreciation methods, useful lives and residual values are reviewed at each financial year end and adjusted if appropriate.

Intangible assets

(f) Intangible assets

(i) Goodwill

Goodwill that arises on the acquisition of subsidiaries is included in intangible assets. For measurement of goodwill, see note 14.

Subsequent measurement

Goodwill is measured at cost less accumulated impairment losses.

(ii) Intangible assets assumed in business combination

Identifiable intangible assets assumed in a business combination are initially recognized at fair value and subsequently measured at initially recognized amount less accumulated amortization and accumulated impairment losses. Such assets include, but are not limited to: brand name “hh.ru” (registered on March 11, 2011 with certificate No 431008), CV database, and non-contractual customer relationships.

(iii) Research and development

Expenditures on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, are recognized in profit or loss as incurred.

Development activities involve a plan or design for the production of new or substantially improved products and processes. Development expenditures are capitalised only if development costs can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable, and the Group intends to and has sufficient resources to complete development and to use or sell the asset. The capitalised expenditures include direct labour and overhead costs that are directly attributable to preparing the asset for its intended use. Other development expenditures are recognized in the profit or loss as incurred.

Subsequent to initial recognition, capitalised development expenditures are measured at cost less accumulated amortization and accumulated impairment losses.

In accordance with the policies above, the Group has capitalised expenditures related to development of the Group’s website software.

(iv) Other intangible assets

Other intangible assets that are acquired by the Group, which have finite useful lives, are measured at cost less accumulated amortization and accumulated impairment losses.

(v) Subsequent expenditures

Subsequent expenditures are capitalised only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures, including expenditures on internally generated goodwill and brands, are recognized in the profit or loss as incurred.

(vi) Amortization

Amortization is calculated over the cost of the asset, or other amount substituted for cost, less its residual value.

Amortization is recognized in profit or loss on a straight-line basis over the estimated useful lives of intangible assets, other than goodwill, from the date that they are available for use since this most closely reflects the expected pattern of consumption of future economic benefits embodied in the asset. The estimated useful lives for the current and comparative periods are as follows:

•  CV database	10 years
•  non-contractual customer relationships	5-10 years
•  domain names	10 years
•  patents and trademarks	10 years
•  website software	3 years
•  corporate, office software, licences and others	1-3 years

Amortization methods, useful lives and residual values are reviewed at each financial year end and adjusted if appropriate.

Impairment

(g) Impairment

(i) Financial assets

Policy applicable from January 1, 2018

The Group has initially applied IFRS 9 from 1 January 2018. The effect of initially applying IFRS 9 is described in Note 4.

The Group recognises loss allowances for expected credit losses (ECLs) on financial assets measured at amortised cost.

The Group measures loss allowances at an amount equal to lifetime ECLs, except for the following, which are measured at 12-month ECLs:

• bank balances for which credit risk (i.e. the risk of default occurring over the expected life of the financial instrument) has not increased significantly since initial recognition.

Loss allowance for trade receivables is always measured at an amount equal to lifetime ECLs.

When determining whether the credit risk of a financial asset has increased significantly since initial recognition and when estimating ECLs, the Group considers reasonable and supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information and analysis, based on the Group’s historical experience and informed credit assessment and including forward-looking information.

The Group assumes that the credit risk on a financial asset has increased significantly if it is more than 30 days past due.

The Group considers a financial asset to be in default when:

• the borrower is unlikely to pay its credit obligations to the Group in full, without recourse by the Group to actions such as realising security (if any is held); or

• the financial asset is more than 90 days past due.

The Group considers a debt security to have low credit risk when its credit risk rating is equivalent to the globally understood definition of ‘investment grade’.

Lifetime ECLs are the ECLs that result from all possible default events over the expected life of a financial instrument.

12-month ECLs are the portion of ECLs that result from default events that are possible within the 12 months after the reporting date (or a shorter period if the expected life of the instrument is less than 12 months).

The maximum period considered when estimating ECLs is the maximum contractual period over which the Group is exposed to credit risk.

Measurement of ECLs

ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between the cash flows due to the entity in accordance with the contract and the cash flows that the Group expects to receive).

ECLs are discounted at the effective interest rate of the financial asset.

Credit-impaired financial assets

At each reporting date, the Group assesses whether financial assets carried at amortised cost are credit-impaired. A financial asset is ‘credit-impaired’ when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred.

Evidence that a financial asset is credit-impaired includes the following observable data:

• significant financial difficulty of the borrower or issuer;

• a breach of contract such as a default or being more than 90 days past due;

• the restructuring of a loan or advance by the Group on terms that the Group would not consider otherwise;

• it is probable that the borrower will enter bankruptcy or other financial reorganisation; or

• the disappearance of an active market for a security because of financial difficulties.

Presentation of allowance for ECL in the consolidated statement of financial position

Loss allowances for financial assets measured at amortised cost are deducted from the gross carrying amount of the assets.

Write-off

The gross carrying amount of a financial asset is written off when the Group has no reasonable expectations of recovering a financial asset in its entirety or a portion thereof.

Policy applicable before January 1, 2018

A financial asset not carried at fair value through profit or loss is assessed at each reporting date to determine whether there is any objective evidence that it is impaired. A financial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset, and that the loss event had a negative effect on the estimated future cash flows of that asset that can be estimated reliably.

Objective evidence that financial assets are impaired can include default or delinquency by a debtor, restructuring of an amount due to the Group on terms that the Group would not consider otherwise, indications that a debtor or issuer will enter bankruptcy, the disappearance of an active market for a security. In addition, for an investment in an equity security, a significant or prolonged decline in its fair value below its cost is objective evidence of impairment.

An impairment loss in respect of a financial asset measured at amortised cost is calculated as the difference between its carrying amount, and the present value of the estimated future cash flows discounted at the original effective interest rate. An impairment loss in respect of an available-for-sale financial asset is calculated by reference to its fair value.

Individually significant financial assets are tested for impairment on an individual basis. The remaining financial assets are assessed collectively in groups that share similar credit risk characteristics.

All impairment losses are recognized in profit or loss. Any cumulative loss in respect of an available- for-sale financial asset recognized previously in other comprehensive income, and presented in equity, is transferred to profit or loss.

An impairment loss is reversed if the reversal can be related objectively to an event occurring after the impairment loss was recognized. For financial assets measured at amortised cost and available-for-sale financial assets that are debt securities, the reversal is recognized in profit or loss. For available-for-sale financial assets that are equity securities, the reversal is recognized in other comprehensive income.

Impairment losses for trade receivables included within trade and other receivables whose recovery is considered doubtful but not remote are recorded using an allowance account. When the Group is satisfied that recovery is remote, the amount considered irrecoverable is written off against trade receivables directly and any amounts held in the allowance account relating to that receivable are reversed. Subsequent recoveries of amounts previously charged to the allowance account are reversed against the allowance account. Other changes in the allowance account and subsequent recoveries of amounts previously written off directly are recognized in profit or loss.

(ii) Non-financial assets

The carrying amounts of the Group’s non-financial assets, other than inventories and deferred tax assets are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, then the asset’s recoverable amount is estimated. For goodwill and intangible assets that have indefinite lives or that are not yet available for use, the recoverable amount is estimated at each reporting date.

The recoverable amount of an asset or cash-generating unit is the greater of its value in use and its fair value less costs to sell. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. For the purpose of impairment testing, assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or groups of assets (the “cash-generating unit”). For the purposes of goodwill impairment testing, goodwill acquired in a business combination is allocated to the group of cash-generating units that is expected to benefit from the synergies of the combination. This allocation is subject to an operating segment ceiling test and reflects the lowest level at which that goodwill is monitored for internal reporting purposes.

The Group’s corporate assets do not generate separate cash inflows. If there is an indication that a corporate asset may be impaired, then the recoverable amount is determined for the cash-generating unit to which the corporate asset belongs.

An impairment loss is recognized if the carrying amount of an asset or its cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in profit or loss. Impairment losses recognized in respect of cash-generating units are allocated first to reduce the carrying amount of any goodwill allocated to the units and then to reduce the carrying amount of the other assets in the unit (group of units) on a pro rata basis.

An impairment loss in respect of goodwill is not reversed. In respect of other assets, impairment losses recognized in prior periods are assessed at each reporting date for any indications that the loss has decreased or no longer exists. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized.

Leases

(h) Leases

The Group has applied IFRS 16 using the modified retrospective approach and therefore the comparative information has not been restated and continues to be reported under IAS 17 and IFRIC 4. The details of accounting policies under IAS 17 and IFRIC 4 are disclosed separately.

Policy applicable from January 1, 2019

At inception of a contract, the Group assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset, the Group uses the definition of a lease in IFRS 16.

The policy is applied to contracts entered into, on or after January 1, 2019.

At commencement or on modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component on the basis of its relative stand-alone prices. The Group recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received.

The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the end of the lease term, unless the lease transfers ownership of the underlying asset to the Group by the end of the lease term or the cost of the right-of-use asset reflects that the Group will exericise the purchase option. In that case the right-of-use asset will be depreciated over the useful life of the underlying asset, which is determined on the same basis as those of property and equipment. In addition, the right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability.

The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Group’s incremental borrowing rate. Generally, the Group uses its incremental borrowing rate as the discount rate.

The Group determines its incremental borrowing rate by obtaining interest rates from various external financing sources and makes certain adjustments to reflect the terms of the lease and type of the asset leased.

Lease payments included in the measurement of the lease liability comprise the following:

• fixed payments, including in-substance fixed payments;

• variable lease payments that depend on an index or rate, initially measured using the index or rate as at the commencement date;

• amounts expected to be payable under a residual value guarantee; and

• the exercise price under a purchase option that the Group is reasonably certain to exercise, lease payments in an optional renewal period if the Group is reasonably certain to exercise an extension period, and penalties for early termination of a lease unless the Group is reasonably certain not to terminate early.

The lease liability is measured at amortised cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Group’s estimate of the amount expected to be payable under a residual value guarantee, if the Group changes its assessment of whether it will exercise purchase, extension or termination option or if there is a revised in-substance fixed lease payments.

When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero.

The Group presents right-of use assets and lease liabilities in the separate lines in the statement of financial position.

The Group has applied judgement to determine the lease term for some lease contracts in which it is a lessee and which include renewal options. The Group considers the broader economics of the contract, not only contractual termination payments. If either party has an economic incentive not to terminate the lease such that it would incur a penalty on termination that is more than insignificant, the contract is enforceable beyond the date on which the contract can be terminated. Due to the nature of leased assets and considering the useful life of leasehold improvements the Group analyzed contract arrangements and their economics and has not identified any special termination policies, incentives or renewal options that should impact the lease term.

The assessment of whether the Group is reasonably certain to exercise such options impacts the lease term, which significantly affects the amount of lease liabilities and right-of-use assets recognized.

Short-term leases

The Group has elected not to recognize right-of-use assets and lease liabilities of short-term leases. The Group recognizes the lease payments associated with these leases as an expense on a straight-line basis over the lease term.

Policy applicable before January 1, 2019

Payments made under operating leases are recognized in profit or loss on a straight-line basis over the term of the lease. Lease incentives received are recognized as an integral part of the total lease expense, over the term of the lease.

Provisions

(i) Provisions

A provision is recognized if, as a result of a past event, the Group has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognized as finance cost.

Revenue

(j) Revenue

The Group has initially applied IFRS 15 from January 1, 2018. The effect of initially applying IFRS 15 is described in Note 4.

We earn revenue primarily from granting access to our CV database and displaying job advertisements on our web site. The payment terms for most contracts require a full prepayment. Unearned revenues are reported in the consolidated statement of financial position as contract liabilities.

Revenue is measured based on the consideration specified in a contract with a customer. The Group recognises revenue when it transfers control over a good or service to a customer.

CV database access. We grant access to our CV database on a subscription basis for a period of time ranging from one day to twelve months. Revenue is recognized on a straight-line basis over the period of subscription.

Job postings. Customers purchase a certain number of job postings and use them to post job advertisements on our web site when needed. Revenue from each job posting is recognized over the period of display of an advertisement on our web site on a straight-line basis.

Bundled subscriptions. In our Bundled Subscriptions the allocation of the consideration received between CV database access component and Job postings component is based on the relative standalone selling prices and expected usage of job postings. The expected usage of job postings in our Bundled Subscriptions is estimated based on the historical data for specific categories of customers and is re-measured at each reporting date. Revenue attributable to CV database access component is recognized over the period of subscription and revenue attributable to Job postings component is recognized over the period of display of a job posting on our website.

Other value-added services (“VAS”). Revenue from other VAS primarily consists of display and context advertising, branded employer pages, online assessment, online education, eventing, as well as premium services for job seekers. Revenue from other value-added services is recognized when the services are rendered. In particular, revenue from cost-per-click advertising is recognized based on the number of impressions or clicks that have occurred over the reporting period, and revenue from time-based advertising is recognized on a straight-line basis over the period of display of a banner on our web site.

Cloud services. Cloud services, which allow customers to use hosted software over the contract period without taking possession of the software, are provided on a subscription basis. Revenue related to cloud services provided on a subscription basis is recognized ratably over the contract period.

Employee benefits

(k) Employee benefits

Employee benefits include short-term employee benefits, social taxes, share-based payments and other long-term employee benefits , and are disclosed in ‘Personnel expenses’ in note 10.

(i) Short-term employee benefits

Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognized for the amount expected to be paid under short-term cash bonus or other type of remuneration if the Group has a present legal or constructive obligation to pay this amount as a result of past service provided by the employee, and the obligation can be estimated reliably.

(ii) Social taxes and State pension fund

Social taxes represent the Group’s payments to the State owned defined contribution plan under which an entity pays fixed contributions to the State and will have no legal or constructive obligation to pay further amounts. Obligations for contributions to Russia’s State pension fund, are recognized as an employee benefit expense in profit or loss in the periods during which services are rendered by employees.

(iii) Share-based payments

Equity-settled awards

The cost of equity-settled awards is based on the fair value at the date when the grant is made using an appropriate valuation model, further details of which are given in note 20.

The related cost is recognised in ‘Personnel expenses’ (see note 10), together with a corresponding increase in equity (share premium), over the period in which the service and, where applicable, the performance conditions are fulfilled (the vesting period). The cumulative expense recognised for equity-settled awards at each reporting date until the vesting date reflects the extent to which the vesting period has expired and the Group’s best estimate of the number of equity instruments that will ultimately vest. The expense or credit in the statement of income and other comprehensive income for a period represents the movement in cumulative expense recognised between the beginning and end of that period.

Service and non-market performance conditions are not taken into account when determining the grant date fair value of awards, but the likelihood of the conditions being met is assessed as part of the Group’s best estimate of the number of equity instruments that will ultimately vest. Market performance conditions are reflected within the grant date fair value. Any other conditions attached to an award, but without an associated service requirement, are considered to be non-vesting conditions. Non-vesting conditions are reflected in the fair value of an award and lead to an immediate expensing of an award unless there are also service and/or performance conditions.

Cash-settled awards

A liability is recognised for the fair value of cash-settled awards. The fair value is measured initially and at each reporting date up to and including the settlement date, with changes in fair value recognised in ‘Personnel expenses’ (see note 10). The fair value is expensed over the period until the vesting date with recognition of a corresponding liability. The fair value is determined using an appropriate valuation model.

(iv) Other long-term employee benefits

The Group’s net obligation in respect of long-term employee benefits is the amount of future benefits that employees have earned in return for their services in the current and prior periods. That benefit is discounted to determine its present value. Remeasurements are recognized in profit or loss in the period in which they arise.

Finance income and costs

(l) Finance income and costs

Finance income comprises interest income on funds invested on deposit accounts and loans given. Interest income is recognized as it accrues in profit or loss.

Finance costs comprise interest expense on loans received, and other expenses related to financial activities.

Interest paid is classified as operating activity in the consolidated statements of cash flows.

Foreign currency exchange gains and losses are reported on a net basis.

Income tax

(m) Income tax

Income tax expense comprises current and deferred tax. Current tax and deferred tax are recognized in profit or loss except to the extent that it relates to a business combination, or items recognized directly in equity or in other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the reporting date, and any adjustment to tax payable in respect of previous years.

Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax is not recognized for the following temporary differences: the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss. In addition, deferred tax is not recognized for taxable temporary differences arising on the initial recognition of goodwill. Deferred tax is measured at the tax rates that are expected to be applied to the temporary differences when they reverse, based on the laws that have been enacted or substantively enacted by the reporting date. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax assets and liabilities, and they relate to income taxes levied by the same tax authority on the same taxable entity.

A deferred tax asset is recognized for unused tax losses, tax credits and deductible temporary differences, to the extent that it is probable that future taxable profits will be available against which they can be utilised. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised.

In determining the amount of current and deferred tax the Group takes into account the impact of uncertain tax positions and whether additional taxes, penalties and late-payment interest may be due. The Group believes that its accruals for tax liabilities are adequate for all open tax years based on its assessment of many factors, including interpretations of tax law and prior experience. This assessment relies on estimates and assumptions and may involve a series of judgements about future events. New information may become available that causes the Group to change its judgement regarding the adequacy of existing tax liabilities; such changes to tax liabilities will impact the tax expense in the period that such a determination is made.

Segment reporting

(n) Segment reporting

An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components. All operating segments’ operating results (see note 7) are reviewed regularly by the Group’s CEO and Board of directors to make decisions about resources to be allocated to the segment and assess its performance, and for which discrete financial information is available. Segment results that are reported to the CEO and Board of directors include items directly attributable to a segment as well as those that can be allocated on a reasonable basis.

Earnings per share

(o) Earnings per share

Net income per ordinary share for all periods presented has been determined in accordance with IAS 33 “Earnings per Share”, by dividing income available to ordinary shareholders of the Group by the weighted average number of ordinary shares outstanding during the period. On March 1, 2018 the Company subdivided 100,000 shares into 50,000,000 shares, as disclosed in note 19(a). In accordance with IAS 33.64 the Group has retrospectively applied the change in the number of ordinary shares to its measurement of earnings per share for the year ended December 31, 2017.

Basis of measurement

(p) Basis of measurement

The consolidated financial statements have been prepared on the historical cost basis except for the liability for cash-settled awards (see note 5(k)(iii)) and the call option (see note 15) which are measured at fair value on each reporting date.

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Capital and reserves - Additional Information (Detail) $ / shares in Units, ₽ in Thousands					12 Months Ended
	Feb. 16, 2018 RUB (₽)	Jan. 29, 2018 RUB (₽)	Feb. 24, 2016 RUB (₽) shares	May 28, 2014 RUB (₽) shares	Dec. 31, 2019 RUB (₽) shares	Dec. 31, 2018 RUB (₽) shares		Dec. 31, 2018 USD ($) $ / shares	Dec. 31, 2017 RUB (₽)	Dec. 31, 2019 € / shares	Oct. 24, 2019 shares	Dec. 31, 2018 € / shares	Mar. 01, 2018 € / shares shares	Feb. 28, 2018 € / shares shares
Disclosure of classes of share capital [line items]
Proceeds from issue of shares			₽ 5,000,000
Authorized shares | shares					60,000,000	50,000,000							50,000,000	100,000
Par value | € / shares										€ 0.002		€ 0.002
Share premium					₽ 1,863,877	₽ 1,729,400	[1]
Reduction of share premium	₽ 3,422,874	₽ 3,422,874
Distributions declared To Noncontrolling Interests					126,460	79,850			₽ 53,029
Dividends paid					1,286,805	79,850			3,375,197
Dividends paid to Noncontrolling interest					131,456	77,629			49,804
Management Incentive Agreement [Member]
Disclosure of classes of share capital [line items]
Share premium						160,774			91,998
Equity Settled Awards [Member]
Disclosure of classes of share capital [line items]
Share premium					295,251
Share capital [member]
Disclosure of classes of share capital [line items]
Proceeds from issue of shares			8,500
Share premium [member]
Disclosure of classes of share capital [line items]
Proceeds from issue of shares			₽ 4,991,500
Ordinary shares [member]
Disclosure of classes of share capital [line items]
Shares issued | shares			99,000	1,000
Proceeds from issue of shares				₽ 47
Authorized shares | shares											60,000,000		50,000,000	100,000
Par value | € / shares													€ 0.002	€ 1.00
Share premium					₽ 1,568,626	1,568,626			₽ 4,991,500
Dividend per share | $ / shares								$ 0.36
Dividends paid to parent						₽ 1,160,345		$ 18,000,000

[1] The Group has initially applied IFRS 16 at January 1, 2019, using the modified retrospective approach. Under the approach, comparative information is not restated. See Note 4.

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Contingencies

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Contingencies

28. Contingencies

(a) Insurance

The insurance industry in the Russian Federation is in a developing state and many forms of insurance protection common in other parts of the world are not yet generally available. The Group does not have full coverage for its business interruption or third party liability in respect of damage relating to Group operations, however, it has coverage against IPO-related claims. Until the Group obtains adequate insurance coverage, there is a risk that the loss or destruction of certain assets could have a material adverse effect on the Group’s operations and financial position.

(b) Taxation contingencies

The taxation system in the Russian Federation continues to evolve and is characterised by frequent changes in legislation, official pronouncements and court decisions, which are sometimes contradictory and subject to varying interpretation by different tax authorities.

Taxes are subject to review and investigation by a number of authorities, which have the authority to impose severe fines, penalties and interest charges. A tax year generally remains open for review by the tax authorities during the three subsequent calendar years; however, under certain circumstances a tax year may remain open longer. Recent events within the Russian Federation suggest that the tax authorities are taking a more assertive and substance-based position in their interpretation and enforcement of tax legislation.

In addition, changes aimed at regulating tax consequences of transactions with foreign companies have been introduced, such as concept of beneficial ownership of income, taxation of controlled foreign companies, tax residency rules, etc. These changes may potentially impact the Group’s tax position and create additional tax risks. This legislation and practice of its application is still evolving and the impact of legislative changes should be considered based on the actual circumstances.

All these circumstances may create tax risks in the Russian Federation that are substantially more significant than in other countries. Management believes that it has provided adequately for tax liabilities based on its interpretations of applicable Russian tax legislation, official pronouncements and court decisions. However, the interpretations of the tax authorities and courts, especially due to reform of the supreme courts that are resolving tax disputes, could differ and the effect on these consolidated financial statements, if the authorities were successful in enforcing their interpretations, could be significant.

Also, in accordance with latest court practice and recent changes to the Russian tax legislation on unjustified tax benefits there is a risk that tax authorities may successfully challenge the legal form of certain transactions of the Group and apply tax treatment based on the perceived economic substance.

Management estimated tax contingencies of approximately RUB 871 million as at December 31, 2019 connected with development of the above mentioned practices and interpretations (as at December 31, 2018: RUB 719 million).

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Other liabilities - Additional Information (Detail) - RUB (₽) ₽ in Thousands		12 Months Ended
	May 08, 2019	Dec. 31, 2019	Sep. 20, 2019
Disclosure of Other Liabilities [Abstract]
Deposit agreement term	5 years
Deposit agreement start date		May 08, 2019
Deposit agreement maturity date		May 08, 2024
Advances received			₽ 169,780
Income from depositary		₽ 22,095
Change in other liabilities		₽ 147,685

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Property and equipment

12 Months Ended

Dec. 31, 2019

Disclosure of detailed information about property, plant and equipment [abstract]

Property and equipment

13. Property and equipment

(in thousands of Russian Roubles)

	Servers and computers			Office equipment, furniture and other			Leasehold improvements			Total
Cost
Balance at January 1, 2019		116,596			100,306			29,139			246,041
Additions		65,431			123,152			197,459			386,042
Disposals		(7,870	)		(7,154	)		(16,796	)		(31,820	)
Foreign currency translation difference		—			(820	)		(71	)		(891	)
Balance at December 31, 2019		174,157			215,484			209,731			599,372
Depreciation
Balance at January 1, 2019		43,662			56,234			12,335			112,231
Depreciation for the year		28,507			38,429			18,477			85,413
Disposals		(7,646	)		(6,770	)		(13,163	)		(27,579	)
Foreign currency translation difference		—			(425	)		(12	)		(437	)
Balance at December 31, 2019		64,523			87,468			17,637			169,628
Net book value
At December 31, 2019		109,634			128,016			192,094			429,744

(in thousands of Russian Roubles)

	Servers and computers			Office equipment, furniture and other			Leasehold improvements		Total
Cost
Balance at January 1, 2018		42,549			58,987			25,562		127,098
Additions		74,769			41,861			3,552		120,182
Disposals		(722	)		—			—		(722	)
Foreign currency translation difference		—			(542	)		25		(517	)
Balance at December 31, 2018		116,596			100,306			29,139		246,041
Depreciation
Balance at January 1, 2018		17,894			26,319			6,170		50,383
Depreciation for the year		26,490			29,915			6,159		62,564
Disposals		(722	)		—			—		(722	)
Foreign currency translation difference		—			—			6		6
Balance at December 31, 2018		43,662			56,234			12,335		112,231
Net book value
At December 31, 2018		72,934			44,072			16,804		133,810

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Financial instruments and risk management - Additional Information (Detail) ₽ in Thousands		12 Months Ended
	Oct. 05, 2017	Dec. 31, 2019 RUB (₽)	Dec. 31, 2018 RUB (₽)	Dec. 31, 2019 USD ($)
Statement [Line Items]
Borrowings Interest Rate Basis		Central Bank of Russia Key Rate + 2%
Interest Rate spread		2.00%		2.00%
Contract liabilities, Current		₽ 2,367,416	₽ 2,072,640
Currency risk | USD
Statement [Line Items]
Currency appreciation percent		10.00%
Risk Exposure		₽ 62,104	₽ (717)
Currency risk | KZT
Statement [Line Items]
Currency appreciation percent			10.00%
Risk Exposure			₽ 10,166
Credit exposure | $				$ 0
Currency risk | Other Currency
Statement [Line Items]
Risk Exposure		₽ 0	₽ 0
Interest rate risk
Statement [Line Items]
Percentage of interest rate increase		2.00%
Risk Exposure		₽ 115,834
Borrowings Interest Rate Basis	Central Bank of Russia Key Rate + 3.7	Central Bank of Russia Key Rate + 2
Interest Rate spread	3.70%	2.00%		2.00%
Liquidity risk
Statement [Line Items]
Working Capital Deficit		₽ 2,425,885
Contract liabilities, Current		₽ 2,367,416

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Significant accounting policies

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Significant accounting policies

5. Significant accounting policies

Except as described in Note 4, the accounting policies have been applied consistently throughout the periods presented in these consolidated financial statements.

(a) Basis of consolidation

(i) Business combinations

Business combinations are accounted for using the acquisition method as at the acquisition date, which is the date on which control is transferred to the Group (see 5(a)(iii) below).

The Group measures goodwill at the acquisition date as:

• the fair value of the consideration transferred; plus

• the recognized amount of any non-controlling interests in the acquiree; plus

• if the business combination is achieved in stages, the fair value of the pre-existing equity interest in the acquire; less

• the net recognized amount (generally fair value) of the identifiable assets acquired and liabilities assumed.

Transaction costs, other than those associated with the issue of debt or equity securities, that the Group incurs in connection with a business combination are expensed as incurred.

Any contingent consideration is measured at fair value at the date of acquisition. If an obligation to pay contingent consideration that meets the definition of a financial instrument is classified as equity, then it is not remeasured and settlement is accounted for within equity. Otherwise, other contingent consideration is remeasured at fair value at each reporting date and subsequent changes in the fair value of the contingent consideration are recognized in profit or loss.

(ii) Non-controlling interests

Non-controlling interests are measured at their proportionate share of the acquiree’s identifiable net assets at the acquisition date.

Changes in the Group’s interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions.

(iii) Subsidiaries

Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. The accounting policies of subsidiaries have been changed when necessary to align them with the policies adopted by the Group.

(iv) Loss of control

Upon the loss of control, the Group derecognises the assets and liabilities of the subsidiary, any non-controlling interests and the other components of equity related to the subsidiary. Any surplus or deficit arising on the loss of control is recognized in profit or loss. If the Group retains any interest in the previous subsidiary, then such interest is measured at fair value at the date that control is lost. Subsequently it is accounted for as an equity-accounted investee or in accordance with IFRS 9 depending on the level of influence retained.

(v) Interests in equity-accounted investees

The Group’s interests in equity-accounted investees comprise interests in associates.

Associates are those entities in which the Group has significant influence, but not control or joint control, over the financial and operating policies.

Interests in associates are accounted for using the equity method. They are initially recognized at cost, which includes transaction costs. At the date of acquisition, any excess of the cost of acquisition over the Group’s share of the net fair value of the identifiable assets, liabilities and contingent liabilities of the associate is recognized as goodwill. The goodwill is included within the carrying amount of the investment. Subsequent to initial recognition, the consolidated financial statements include the Group’s share of profit or loss and OCI of equity-accounted investees, after adjustments to align the accounting policies with those of the Group, until the date on which significant influence ceases.

Our investments in associate are generally designated as separate CGUs. The recoverable amount of these CGUs is determined based on a value in use calculation using appropriate financial models.

(vi) Transactions eliminated on consolidation

Intra-group balances and transactions, and any unrealised income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Unrealised gains arising from transactions with equity-accounted investees are eliminated against the investment to the extent of the Group’s interest in the investee. Unrealised losses are eliminated in the same way as unrealised gains, but only to the extent that there is no evidence of impairment.

(b) Foreign currency

(i) Foreign currency transactions

Transactions in foreign currencies are translated to the respective functional currencies of Group entities at exchange rates at the dates of the transactions.

Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. The foreign currency gain or loss on monetary items is the difference between amortised cost in the functional currency at the beginning of the period, adjusted for effective interest and payments during the period, and the amortised cost in foreign currency translated at the exchange rate at the end of the reporting period.

Non-monetary assets and liabilities denominated in foreign currencies that are measured at fair value are retranslated to the functional currency at the exchange rate at the date that the fair value was determined.

Foreign currency differences arising in retranslation are recognized in profit or loss.

(ii) Foreign operations

The assets and liabilities of foreign operations, including goodwill and fair value adjustments arising on acquisition, are translated to RUB at the exchange rates at the reporting date. The income and expenses of foreign operations are translated to RUB at monthly average exchange rates.

Foreign currency differences are recognized in other comprehensive income, and presented in the foreign currency translation reserve in equity. However, if the operation is a non-wholly owned subsidiary, then the relevant proportionate share of the foreign currency translation difference is allocated to non-controlling interests.

When a foreign operation is disposed of, in part or in full, the relevant amount in the foreign currency translation reserve is transferred to profit or loss as part of the profit or loss on disposal.

Foreign exchange gains and losses arising from a monetary item receivable from or payable to a foreign operation, the settlement of which is neither planned nor likely in the foreseeable future, are considered to form part of a net investment in a foreign operation and are recognized in other comprehensive income, and are presented within equity in the foreign currency translation reserve.

(c) Financial instruments

The Group has initially applied IFRS 9 from 1 January 2018. The effect of initially applying IFRS 9 is described in Note 4.

(i) Recognition and initial measurement

Trade receivables and debt securities issued are initially recognised when they are originated. All other financial assets and financial liabilities are initially recognised when the Group becomes a party to the contractual provisions of the instrument.

A financial asset (unless it is a trade receivable without a significant financing component) or financial liability is initially measured at fair value plus, for an item not at fair value through profit or loss (FVTPL), transaction costs that are directly attributable to its acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price.

(ii) Classification and subsequent measurement

Financial assets

On initial recognition, a financial asset is classified as measured at: amortised cost; fair value through other comprehensive income (FVOCI) – debt investment; FVOCI – equity investment; or fair value through profit or loss (FVTPL).

Financial assets are not reclassified subsequent to their initial recognition unless the Group changes its business model for managing financial assets, in which case all affected financial assets are reclassified on the first day of the first reporting period following the change in the business model.

A financial asset is measured at amortised cost if it meets both of the following conditions and is not designated as at FVTPL:

• it is held within a business model whose objective is to hold assets to collect contractual cash flows; and

• its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

A debt investment is measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL:

• it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and

• its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

On initial recognition of an equity investment that is not held for trading, the Group may irrevocably elect to present subsequent changes in the investment’s fair value in OCI. This election is made on an investment-by-investment basis.

All financial assets not classified as measured at amortised cost or FVOCI as described above are measured at FVTPL.

On initial recognition, the Group may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortised cost or at FVOCI as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise.

The financial assets of the Group comprise trade and other receivables and cash and cash equivalents, which are classified as measured at amortized cost. Cash and cash equivalents comprise cash balances and call deposits.

These assets are subsequently measured at amortised cost using the effective interest method. The amortised cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognised in profit or loss. Any gain or loss on derecognition is recognised in profit or loss.

Financial liabilities

Financial liabilities are classified as measured at amortised cost or FVTPL. A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognised in profit or loss. Other financial liabilities are subsequently measured at amortised cost using the effective interest method. Interest expense and foreign exchange gains and losses are recognised in profit or loss. Any gain or loss on derecognition is also recognised in profit or loss.

The Group has not designated any financial liabilities at FVTPL and it has no current intention to do so.

(iii) Derecognition and modification

The Group derecognises a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. Any interest in transferred financial assets that is created or retained by the Group is recognized as a separate asset or liability.

The Group derecognises a financial liability when its contractual obligations are discharged or cancelled, or expire.

The Group also derecognises a financial liability when its terms are modified and the cash flows of the modified liability are substantially different. In this case, a new financial liability based on the modified terms is recognised at fair value. The difference between the carrying amount of the financial liability extinguished and the new financial liability with modified terms is recognised in profit or loss.

If a modification (or exchange) does not result in the derecognition of the financial liability the Group applies accounting policy consistent with the requirements for adjusting the gross carrying amount of a financial asset when a modification does not result in the derecognition of the financial asset, i.e. the Group recognises any adjustment to the amortised cost of the financial liability arising from such a modification (or exchange) in profit or loss at the date of the modification (or exchange).

The Group performs a quantitative and qualitative evaluation of whether the modification is substantial considering qualitative factors, quantitative factors and combined effect of qualitative and quantitative factors. The Group concludes that the modification is substantial as a result of the following qualitative factors:

• change the currency of the financial liability;

• change in collateral or other credit enhancement;

• inclusion of conversion option;

• change in the subordination of the financial liability.

For the quantitative assessment the terms are substantially different if the discounted present value of the cash flows under the new terms, including any fees paid net of any fees received and discounted using the original effective interest rate, is at least 10 per cent different from the discounted present value of the remaining cash flows of the original financial liability. If an exchange of debt instruments or modification of terms is accounted for as an extinguishment, any costs or fees incurred are recognised as part of the gain or loss on the extinguishment. If the exchange or modification is not accounted for as an extinguishment, any costs or fees incurred adjust the carrying amount of the liability and are amortised over the remaining term of the modified liability.

Changes in cash flows on existing financial assets or financial liabilities are not considered as modification, if they result from existing contractual terms, e.g. changes in interest rates effectively initiated by the Group due to changes in the CBR key rate, if the loan contract entitles the Group to prepay the loan without significant penalty.

(iv) Offsetting

Financial assets and liabilities are offset and the net amount presented in the statement of financial position when, and only when, the Group currently has a legally enforceable right to set off the recognized amounts and intends either to settle on a net basis or to realise the asset and settle the liability simultaneously. The Group currently has a legally enforceable right to set off if that right is not contingent on a future event and enforceable both in the normal course of business and in the event of default, insolvency or bankruptcy of the Group and all counterparties.

(d) Share capital

Ordinary shares

Ordinary shares are classified as equity. Incremental costs directly attributable to issue of ordinary shares and share options are recognized as a deduction from equity, net of any tax effects.

Dividends

Dividends are recognized as a liability in the period in which they are declared.

(e) Property and equipment

(i) Recognition and measurement

Items of property and equipment are measured at cost less accumulated depreciation and accumulated impairment losses.

Cost includes expenditures that are directly attributable to the acquisition of the asset. Purchased software that is integral to the functionality of the related equipment is capitalised as part of that equipment.

When parts of an item of property and equipment have different useful lives, they are accounted for as separate items (major components) of property and equipment.

Gains and losses on disposal of an item of property and equipment are determined by comparing the proceeds from disposal with the carrying amount of property and equipment, and are recognized net within ‘Operating costs and expenses (exclusive of depreciation and amortization)’ in profit or loss.

(ii) Subsequent costs

The cost of replacing part of an item of property and equipment is recognized in the carrying amount of the item if it is probable that the future economic benefits embodied within the part will flow to the Group and its cost can be measured reliably. The carrying amount of the replaced part is derecognized. The costs of the day-to-day servicing of property and equipment are recognized in profit or loss as incurred.

(iii) Depreciation

Depreciation is calculated over the depreciable amount, which is the cost of an asset, or other amount substituted for cost, less its residual value.

Depreciation is recognized in profit or loss on a straight-line basis over the estimated useful lives of each part of an item of property and equipment, since this most closely reflects the expected pattern of consumption of the future economic benefits embodied in the asset.

The estimated useful lives for the current and comparative periods are as follows:

•  core systems equipment	2-5 years
•  office equipment	2-5 years
•  furniture and fixtures	2-5 years
•  leasehold improvements	3-5 years (the shorter of five years or the remaining period of the lease term)
•  other property and equipment	1-3 years

Depreciation methods, useful lives and residual values are reviewed at each financial year end and adjusted if appropriate.

(f) Intangible assets

(i) Goodwill

Goodwill that arises on the acquisition of subsidiaries is included in intangible assets. For measurement of goodwill, see note 14.

Subsequent measurement

Goodwill is measured at cost less accumulated impairment losses.

(ii) Intangible assets assumed in business combination

Identifiable intangible assets assumed in a business combination are initially recognized at fair value and subsequently measured at initially recognized amount less accumulated amortization and accumulated impairment losses. Such assets include, but are not limited to: brand name “hh.ru” (registered on March 11, 2011 with certificate No 431008), CV database, and non-contractual customer relationships.

(iii) Research and development

Expenditures on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, are recognized in profit or loss as incurred.

Development activities involve a plan or design for the production of new or substantially improved products and processes. Development expenditures are capitalised only if development costs can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable, and the Group intends to and has sufficient resources to complete development and to use or sell the asset. The capitalised expenditures include direct labour and overhead costs that are directly attributable to preparing the asset for its intended use. Other development expenditures are recognized in the profit or loss as incurred.

Subsequent to initial recognition, capitalised development expenditures are measured at cost less accumulated amortization and accumulated impairment losses.

In accordance with the policies above, the Group has capitalised expenditures related to development of the Group’s website software.

(iv) Other intangible assets

Other intangible assets that are acquired by the Group, which have finite useful lives, are measured at cost less accumulated amortization and accumulated impairment losses.

(v) Subsequent expenditures

Subsequent expenditures are capitalised only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures, including expenditures on internally generated goodwill and brands, are recognized in the profit or loss as incurred.

(vi) Amortization

Amortization is calculated over the cost of the asset, or other amount substituted for cost, less its residual value.

Amortization is recognized in profit or loss on a straight-line basis over the estimated useful lives of intangible assets, other than goodwill, from the date that they are available for use since this most closely reflects the expected pattern of consumption of future economic benefits embodied in the asset. The estimated useful lives for the current and comparative periods are as follows:

•  CV database	10 years
•  non-contractual customer relationships	5-10 years
•  domain names	10 years
•  patents and trademarks	10 years
•  website software	3 years
•  corporate, office software, licences and others	1-3 years

Amortization methods, useful lives and residual values are reviewed at each financial year end and adjusted if appropriate.

(g) Impairment

(i) Financial assets

Policy applicable from January 1, 2018

The Group has initially applied IFRS 9 from 1 January 2018. The effect of initially applying IFRS 9 is described in Note 4.

The Group recognises loss allowances for expected credit losses (ECLs) on financial assets measured at amortised cost.

The Group measures loss allowances at an amount equal to lifetime ECLs, except for the following, which are measured at 12-month ECLs:

• bank balances for which credit risk (i.e. the risk of default occurring over the expected life of the financial instrument) has not increased significantly since initial recognition.

Loss allowance for trade receivables is always measured at an amount equal to lifetime ECLs.

When determining whether the credit risk of a financial asset has increased significantly since initial recognition and when estimating ECLs, the Group considers reasonable and supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information and analysis, based on the Group’s historical experience and informed credit assessment and including forward-looking information.

The Group assumes that the credit risk on a financial asset has increased significantly if it is more than 30 days past due.

The Group considers a financial asset to be in default when:

• the borrower is unlikely to pay its credit obligations to the Group in full, without recourse by the Group to actions such as realising security (if any is held); or

• the financial asset is more than 90 days past due.

The Group considers a debt security to have low credit risk when its credit risk rating is equivalent to the globally understood definition of ‘investment grade’.

Lifetime ECLs are the ECLs that result from all possible default events over the expected life of a financial instrument.

12-month ECLs are the portion of ECLs that result from default events that are possible within the 12 months after the reporting date (or a shorter period if the expected life of the instrument is less than 12 months).

The maximum period considered when estimating ECLs is the maximum contractual period over which the Group is exposed to credit risk.

Measurement of ECLs

ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between the cash flows due to the entity in accordance with the contract and the cash flows that the Group expects to receive).

ECLs are discounted at the effective interest rate of the financial asset.

Credit-impaired financial assets

At each reporting date, the Group assesses whether financial assets carried at amortised cost are credit-impaired. A financial asset is ‘credit-impaired’ when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred.

Evidence that a financial asset is credit-impaired includes the following observable data:

• significant financial difficulty of the borrower or issuer;

• a breach of contract such as a default or being more than 90 days past due;

• the restructuring of a loan or advance by the Group on terms that the Group would not consider otherwise;

• it is probable that the borrower will enter bankruptcy or other financial reorganisation; or

• the disappearance of an active market for a security because of financial difficulties.

Presentation of allowance for ECL in the consolidated statement of financial position

Loss allowances for financial assets measured at amortised cost are deducted from the gross carrying amount of the assets.

Write-off

The gross carrying amount of a financial asset is written off when the Group has no reasonable expectations of recovering a financial asset in its entirety or a portion thereof.

Policy applicable before January 1, 2018

A financial asset not carried at fair value through profit or loss is assessed at each reporting date to determine whether there is any objective evidence that it is impaired. A financial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset, and that the loss event had a negative effect on the estimated future cash flows of that asset that can be estimated reliably.

Objective evidence that financial assets are impaired can include default or delinquency by a debtor, restructuring of an amount due to the Group on terms that the Group would not consider otherwise, indications that a debtor or issuer will enter bankruptcy, the disappearance of an active market for a security. In addition, for an investment in an equity security, a significant or prolonged decline in its fair value below its cost is objective evidence of impairment.

An impairment loss in respect of a financial asset measured at amortised cost is calculated as the difference between its carrying amount, and the present value of the estimated future cash flows discounted at the original effective interest rate. An impairment loss in respect of an available-for-sale financial asset is calculated by reference to its fair value.

Individually significant financial assets are tested for impairment on an individual basis. The remaining financial assets are assessed collectively in groups that share similar credit risk characteristics.

All impairment losses are recognized in profit or loss. Any cumulative loss in respect of an available- for-sale financial asset recognized previously in other comprehensive income, and presented in equity, is transferred to profit or loss.

An impairment loss is reversed if the reversal can be related objectively to an event occurring after the impairment loss was recognized. For financial assets measured at amortised cost and available-for-sale financial assets that are debt securities, the reversal is recognized in profit or loss. For available-for-sale financial assets that are equity securities, the reversal is recognized in other comprehensive income.

Impairment losses for trade receivables included within trade and other receivables whose recovery is considered doubtful but not remote are recorded using an allowance account. When the Group is satisfied that recovery is remote, the amount considered irrecoverable is written off against trade receivables directly and any amounts held in the allowance account relating to that receivable are reversed. Subsequent recoveries of amounts previously charged to the allowance account are reversed against the allowance account. Other changes in the allowance account and subsequent recoveries of amounts previously written off directly are recognized in profit or loss.

(ii) Non-financial assets

The carrying amounts of the Group’s non-financial assets, other than inventories and deferred tax assets are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, then the asset’s recoverable amount is estimated. For goodwill and intangible assets that have indefinite lives or that are not yet available for use, the recoverable amount is estimated at each reporting date.

The recoverable amount of an asset or cash-generating unit is the greater of its value in use and its fair value less costs to sell. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. For the purpose of impairment testing, assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or groups of assets (the “cash-generating unit”). For the purposes of goodwill impairment testing, goodwill acquired in a business combination is allocated to the group of cash-generating units that is expected to benefit from the synergies of the combination. This allocation is subject to an operating segment ceiling test and reflects the lowest level at which that goodwill is monitored for internal reporting purposes.

The Group’s corporate assets do not generate separate cash inflows. If there is an indication that a corporate asset may be impaired, then the recoverable amount is determined for the cash-generating unit to which the corporate asset belongs.

An impairment loss is recognized if the carrying amount of an asset or its cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in profit or loss. Impairment losses recognized in respect of cash-generating units are allocated first to reduce the carrying amount of any goodwill allocated to the units and then to reduce the carrying amount of the other assets in the unit (group of units) on a pro rata basis.

An impairment loss in respect of goodwill is not reversed. In respect of other assets, impairment losses recognized in prior periods are assessed at each reporting date for any indications that the loss has decreased or no longer exists. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized.

(h) Leases

The Group has applied IFRS 16 using the modified retrospective approach and therefore the comparative information has not been restated and continues to be reported under IAS 17 and IFRIC 4. The details of accounting policies under IAS 17 and IFRIC 4 are disclosed separately.

Policy applicable from January 1, 2019

At inception of a contract, the Group assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset, the Group uses the definition of a lease in IFRS 16.

The policy is applied to contracts entered into, on or after January 1, 2019.

At commencement or on modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component on the basis of its relative stand-alone prices. The Group recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received.

The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the end of the lease term, unless the lease transfers ownership of the underlying asset to the Group by the end of the lease term or the cost of the right-of-use asset reflects that the Group will exericise the purchase option. In that case the right-of-use asset will be depreciated over the useful life of the underlying asset, which is determined on the same basis as those of property and equipment. In addition, the right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability.

The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Group’s incremental borrowing rate. Generally, the Group uses its incremental borrowing rate as the discount rate.

The Group determines its incremental borrowing rate by obtaining interest rates from various external financing sources and makes certain adjustments to reflect the terms of the lease and type of the asset leased.

Lease payments included in the measurement of the lease liability comprise the following:

• fixed payments, including in-substance fixed payments;

• variable lease payments that depend on an index or rate, initially measured using the index or rate as at the commencement date;

• amounts expected to be payable under a residual value guarantee; and

• the exercise price under a purchase option that the Group is reasonably certain to exercise, lease payments in an optional renewal period if the Group is reasonably certain to exercise an extension period, and penalties for early termination of a lease unless the Group is reasonably certain not to terminate early.

The lease liability is measured at amortised cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Group’s estimate of the amount expected to be payable under a residual value guarantee, if the Group changes its assessment of whether it will exercise purchase, extension or termination option or if there is a revised in-substance fixed lease payments.

When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero.

The Group presents right-of use assets and lease liabilities in the separate lines in the statement of financial position.

The Group has applied judgement to determine the lease term for some lease contracts in which it is a lessee and which include renewal options. The Group considers the broader economics of the contract, not only contractual termination payments. If either party has an economic incentive not to terminate the lease such that it would incur a penalty on termination that is more than insignificant, the contract is enforceable beyond the date on which the contract can be terminated. Due to the nature of leased assets and considering the useful life of leasehold improvements the Group analyzed contract arrangements and their economics and has not identified any special termination policies, incentives or renewal options that should impact the lease term.

The assessment of whether the Group is reasonably certain to exercise such options impacts the lease term, which significantly affects the amount of lease liabilities and right-of-use assets recognized.

Short-term leases

The Group has elected not to recognize right-of-use assets and lease liabilities of short-term leases. The Group recognizes the lease payments associated with these leases as an expense on a straight-line basis over the lease term.

Policy applicable before January 1, 2019

Payments made under operating leases are recognized in profit or loss on a straight-line basis over the term of the lease. Lease incentives received are recognized as an integral part of the total lease expense, over the term of the lease.

(i) Provisions

A provision is recognized if, as a result of a past event, the Group has a present legal or constructive obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognized as finance cost.

(j) Revenue

The Group has initially applied IFRS 15 from January 1, 2018. The effect of initially applying IFRS 15 is described in Note 4.

We earn revenue primarily from granting access to our CV database and displaying job advertisements on our web site. The payment terms for most contracts require a full prepayment. Unearned revenues are reported in the consolidated statement of financial position as contract liabilities.

Revenue is measured based on the consideration specified in a contract with a customer. The Group recognises revenue when it transfers control over a good or service to a customer.

CV database access. We grant access to our CV database on a subscription basis for a period of time ranging from one day to twelve months. Revenue is recognized on a straight-line basis over the period of subscription.

Job postings. Customers purchase a certain number of job postings and use them to post job advertisements on our web site when needed. Revenue from each job posting is recognized over the period of display of an advertisement on our web site on a straight-line basis.

Bundled subscriptions. In our Bundled Subscriptions the allocation of the consideration received between CV database access component and Job postings component is based on the relative standalone selling prices and expected usage of job postings. The expected usage of job postings in our Bundled Subscriptions is estimated based on the historical data for specific categories of customers and is re-measured at each reporting date. Revenue attributable to CV database access component is recognized over the period of subscription and revenue attributable to Job postings component is recognized over the period of display of a job posting on our website.

Other value-added services (“VAS”). Revenue from other VAS primarily consists of display and context advertising, branded employer pages, online assessment, online education, eventing, as well as premium services for job seekers. Revenue from other value-added services is recognized when the services are rendered. In particular, revenue from cost-per-click advertising is recognized based on the number of impressions or clicks that have occurred over the reporting period, and revenue from time-based advertising is recognized on a straight-line basis over the period of display of a banner on our web site.

Cloud services. Cloud services, which allow customers to use hosted software over the contract period without taking possession of the software, are provided on a subscription basis. Revenue related to cloud services provided on a subscription basis is recognized ratably over the contract period.

(k) Employee benefits

Employee benefits include short-term employee benefits, social taxes, share-based payments and other long-term employee benefits , and are disclosed in ‘Personnel expenses’ in note 10.

(i) Short-term employee benefits

Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognized for the amount expected to be paid under short-term cash bonus or other type of remuneration if the Group has a present legal or constructive obligation to pay this amount as a result of past service provided by the employee, and the obligation can be estimated reliably.

(ii) Social taxes and State pension fund

Social taxes represent the Group’s payments to the State owned defined contribution plan under which an entity pays fixed contributions to the State and will have no legal or constructive obligation to pay further amounts. Obligations for contributions to Russia’s State pension fund, are recognized as an employee benefit expense in profit or loss in the periods during which services are rendered by employees.

(iii) Share-based payments

Equity-settled awards

The cost of equity-settled awards is based on the fair value at the date when the grant is made using an appropriate valuation model, further details of which are given in note 20.

The related cost is recognised in ‘Personnel expenses’ (see note 10), together with a corresponding increase in equity (share premium), over the period in which the service and, where applicable, the performance conditions are fulfilled (the vesting period). The cumulative expense recognised for equity-settled awards at each reporting date until the vesting date reflects the extent to which the vesting period has expired and the Group’s best estimate of the number of equity instruments that will ultimately vest. The expense or credit in the statement of income and other comprehensive income for a period represents the movement in cumulative expense recognised between the beginning and end of that period.

Service and non-market performance conditions are not taken into account when determining the grant date fair value of awards, but the likelihood of the conditions being met is assessed as part of the Group’s best estimate of the number of equity instruments that will ultimately vest. Market performance conditions are reflected within the grant date fair value. Any other conditions attached to an award, but without an associated service requirement, are considered to be non-vesting conditions. Non-vesting conditions are reflected in the fair value of an award and lead to an immediate expensing of an award unless there are also service and/or performance conditions.

Cash-settled awards

A liability is recognised for the fair value of cash-settled awards. The fair value is measured initially and at each reporting date up to and including the settlement date, with changes in fair value recognised in ‘Personnel expenses’ (see note 10). The fair value is expensed over the period until the vesting date with recognition of a corresponding liability. The fair value is determined using an appropriate valuation model.

(iv) Other long-term employee benefits

The Group’s net obligation in respect of long-term employee benefits is the amount of future benefits that employees have earned in return for their services in the current and prior periods. That benefit is discounted to determine its present value. Remeasurements are recognized in profit or loss in the period in which they arise.

(l) Finance income and costs

Finance income comprises interest income on funds invested on deposit accounts and loans given. Interest income is recognized as it accrues in profit or loss.

Finance costs comprise interest expense on loans received, and other expenses related to financial activities.

Interest paid is classified as operating activity in the consolidated statements of cash flows.

Foreign currency exchange gains and losses are reported on a net basis.

(m) Income tax

Income tax expense comprises current and deferred tax. Current tax and deferred tax are recognized in profit or loss except to the extent that it relates to a business combination, or items recognized directly in equity or in other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the reporting date, and any adjustment to tax payable in respect of previous years.

Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax is not recognized for the following temporary differences: the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss. In addition, deferred tax is not recognized for taxable temporary differences arising on the initial recognition of goodwill. Deferred tax is measured at the tax rates that are expected to be applied to the temporary differences when they reverse, based on the laws that have been enacted or substantively enacted by the reporting date. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax assets and liabilities, and they relate to income taxes levied by the same tax authority on the same taxable entity.

A deferred tax asset is recognized for unused tax losses, tax credits and deductible temporary differences, to the extent that it is probable that future taxable profits will be available against which they can be utilised. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised.

In determining the amount of current and deferred tax the Group takes into account the impact of uncertain tax positions and whether additional taxes, penalties and late-payment interest may be due. The Group believes that its accruals for tax liabilities are adequate for all open tax years based on its assessment of many factors, including interpretations of tax law and prior experience. This assessment relies on estimates and assumptions and may involve a series of judgements about future events. New information may become available that causes the Group to change its judgement regarding the adequacy of existing tax liabilities; such changes to tax liabilities will impact the tax expense in the period that such a determination is made.

(n) Segment reporting

An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components. All operating segments’ operating results (see note 7) are reviewed regularly by the Group’s CEO and Board of directors to make decisions about resources to be allocated to the segment and assess its performance, and for which discrete financial information is available. Segment results that are reported to the CEO and Board of directors include items directly attributable to a segment as well as those that can be allocated on a reasonable basis.

(o) Earnings per share

Net income per ordinary share for all periods presented has been determined in accordance with IAS 33 “Earnings per Share”, by dividing income available to ordinary shareholders of the Group by the weighted average number of ordinary shares outstanding during the period. On March 1, 2018 the Company subdivided 100,000 shares into 50,000,000 shares, as disclosed in note 19(a). In accordance with IAS 33.64 the Group has retrospectively applied the change in the number of ordinary shares to its measurement of earnings per share for the year ended December 31, 2017.

(p) Basis of measurement

The consolidated financial statements have been prepared on the historical cost basis except for the liability for cash-settled awards (see note 5(k)(iii)) and the call option (see note 15) which are measured at fair value on each reporting date.

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Revenue

12 Months Ended

Dec. 31, 2019

Disclosure of disaggregation of revenue from contracts with customers [abstract]

Revenue

9. Revenue

(a) Disaggregation of revenue from contracts with customers

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019						2018						2017*
	Russia		Other segments		Total segments		Russia		Other segments		Total segments		Russia		Other segments		Total segments
Bundled Subscriptions		2,154,831		69,120		2,223,951		1,884,557		61,822		1,946,379		1,522,729		29,891		1,552,620
CV Database Access		1,508,085		253,643		1,761,728		1,196,770		204,768		1,401,538		920,601		163,323		1,083,924
Job Postings		2,900,678		211,510		3,112,188		2,108,342		119,584		2,227,926		1,498,721		140,769		1,639,490
Other VAS		648,168		42,706		690,874		510,755		31,175		541,930		416,428		40,077		456,505
Total revenue		7,211,762		576,979		7,788,741		5,700,424		417,349		6,117,773		4,358,479		374,060		4,732,539

* The Group adopted IFRS 15 at January 1, 2018 using the full retrospective approach. Under the transition method chosen, comparative information is restated. See Note 4.

In the following table, revenue from contracts with customers of Russian segment is disaggregated by type of customer account:

(in thousands of Russian Roubles)

	For the year ended December 31,
	2019		2018		2017
Key Accounts in Russia
Moscow and St.Petersburg		1,981,959		1,695,823		1,454,278
Other regions of Russia		664,649		547,710		426,384
Sub-total		2,646,608		2,243,533		1,880,662
Small and Medium Accounts in Russia
Moscow and St.Petersburg		2,579,517		2,150,685		1,641,225
Other regions of Russia		1,614,359		1,036,346		624,200
Sub-total		4,193,876		3,187,031		2,265,425
Foreign customers of Russia segment		41,385		31,507		20,342
Other customers in Russia		329,893		238,353		192,050
Total for “Russia” operating segment		7,211,762		5,700,424		4,358,479

The revenue arising from non-monetary exchanges of services with customers included in the table above amounted to RUB 50,804 thousand for the year ended December 31, 2019, RUB 51,254 thousand for the year ended December 31, 2018 and RUB 47,257 thousand for the year ended December 31, 2017.

(b) Contract balances

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.

(in thousands of Russian Roubles)

			For the year ended December 31,
	Note		2019		2018
Receivables, which are included in “Trade and other receivables”		16		52,462		32,858
Contract liabilities				2,367,416		2,072,640

The contract liabilities primarily relate to the advance consideration received from customers for granting access to our CV database and displaying job advertisements on our web site, for which revenue is recognised when performance obligations are met.

Increase in contract liabilities is explained primarily by growth of our revenues. The increasing number of contracts with customers and their value translates into increase in prepayments made by customers, thus contract liabilities increase.

The amount of RUB 1,901,767 thousand recognised in contract liabilities at the beginning of the year has been recognised as revenue for the year ended December 31, 2019 (for the year ended December 31, 2018 – RUB 1,369,370 thousand).

The amount of revenue recognised for the year ended December 31, 2019 from performance obligations satisfied (or partially satisfied) in previous periods is RUB 7,208 thousand (for the year ended December 31, 2018 – RUB 5,259 thousand). This is mainly due to changes in the estimate of the expected usage of job postings in our Bundled Subscriptions.

No information is provided about remaining performance obligations at December 31, 2019 that have an original expected duration of one year or less, as allowed by IFRS 15.