1. 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.

2. 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

3. 234,9 billion roubles

4. (265 hectares in the Imereti lowland)
$ 2066,5 million
$790 million
Olympic Park
(265 hectares in the Imereti lowland)
$1276,5 million

5. Coastal cluster

6. $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

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

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

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

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

11. 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

12. $ 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%

13. 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

14. 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

15. 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 %

16. 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

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

18. Thank you for your attention

19. Rybalko Anastasia Nikolaevna
Financial consulting ww.technologyconsult.ru
Finance blog