SOCHI 2014: THE FINANCIAL SIDE OF THE OLYMPIC MEDAL Author and speaker: Rybalko Anastasia Nikolaevna Master of business administration, financier, interpreter in the sphere of business, the author of a book on the assessment of investment attractiveness of regions, expert in the field of drawing up business plans and analysis of investment attractiveness of projects, companies, regions.

The purpose of the study: Analysis and evaluation of financial flows, held at the organization of the Olympic games Sochi-2014 Objectives of the study: 1. The analysis of the construction of Olympic facilities and the accompanying financial flows 2. Identify sources of funding and ranking of the main investors of the Olympic games 3. Summarizing the financial results of the Olympic games, identifying the economic effect of the Olympics, its significance for the region

234,9 billion roubles

(265 hectares in the Imereti lowland) $ 2066,5 million $790 million Olympic Park (265 hectares in the Imereti lowland) $1276,5 million

Coastal cluster

$1276,5 million State Corporation "Olympstroy" LLC "Investment-construction company Slavoblast” Оpen Joint Stock Company “Center of technology transfer of building complex in Krasnodar region “Omega" The Palace of winter sports “Iceberg" $75 million Skating center "Adler arena" $33 million Ice Palace "Big" $300 million Curling center "Ice cube" $55 million Ice arena "Puck" $35.5 million Stadium "Fischt" $778 million

The mountain cluster $790 million The complex of competitions on ski races and biathlon "Laura" $15 million The Executive: Open Join Stock Company Gazprom

Extreme Park "Rosa Khutor" $400 million The Executive: LLC "development Company ski complex Rosa Khutor

Olimpstroy State Corporation Center Luge “Sledge" is $130 million. The Executive: Olimpstroy State Corporation

The complex of springboards "Russian hills" $245 million The Executive: OJSC Krasnaya Polyana

Olympic costs and cost overruns of Olympic games Year City (Country) Estimates, $ billion Actual expenditures, $ billion 2004 Athens (Greece) 4,65 13,50 2006 Turin (Italy) 2,40 4,37 2008 Beijing (China) 16,30 43,19 2010 Vancouver (Canada) 2,88 6,08 2012 London (England) 3,93 15,39 2014 Sochi (Russia) 13,10 50,90 1 526 billion roubles

$ 2066,5 million= 68 billion roubles ? 214 billion roubles Budgets for the construction of Olympic facilities Investments in the infrastructure of Sochi The games: the Olympic and Paralympic + $ 2066,5 million= 68 billion roubles 15% 85%

Sources 1 526 billion roubles Investors 1,005 trillion roubles The state Corporation Vnesheconombank gave loans in the amount of 240 billion rubles Investors 1,005 trillion roubles Federal authorities 237 billion roubles The State Corporation Olympstroy 174,9 billion roubles 1 526 billion roubles Administration of Krasnodar region and Sochi 109 billion roubles

Investors 1,005 trillion roubles Private holding investors Partners State Corporations Private holding investors Partners Official suppliers OJSC RUSSIAN RAILWAYS 260 billion roubles OJSC Gazprom 180 billion roubles Base element 90 billion roubles World: Coca-cola, VISA… OJSC Sberbank of Russia 40 billion roubles Interros 68,6 billion roubles National: Aeroflot, Bosco, MegaFon JSC FGC UES 20,8 billion roubles UMMC Holding 3,5 billion roubles Oil Company Rosneft 5 billion roubles LUKOIL – not announced

Financial results: Expected economic effect: 340 billion roubles Operating profit of the organizing Committee: 5 billion roubles Central Bank estimated the following contribution of the Olympics: The country's GDP growth of 0.3 %

Life after the Olympics Tax revenues at all budget levels: 60,1 billion rubles  The influx of investment: the implementation of 225 major investment projects with a total value of more than 941 billion rubles with due dates up to 2025 Improved infrastructure: 350 km of new roads and bridges are built. In 2013 Krasnodar region has won 2nd place in the country in the commissioning of real estate Reducing unemployment: Created 560 thousand new jobs. 2013 – the lowest unemployment rate in Russia

The global edition retail: 3,6 million things The global edition retail: 5 thousand brands Total revenue: over $500 million.

Thank you for your attention

Rybalko Anastasia Nikolaevna +7-9048-788-121 Financial consulting ww.technologyconsult.ru Finance blog www.manage-investments.com e-mail: anastasia@technologyconsult.ru