FUNDING SOURCES

Staging the 2012 Paralympic Games in Moscow will be financed from various sources. The Moscow OCOG budget provides USD 87 million for this purpose. In addition, the Moscow City Government guarantees a subsidy of USD 9 million. Substantial contributions are also expected from the sponsors, official suppliers and other sources. The total funding will amount to USD 119 million.

Appropriate guarantees from the Moscow 2012 Bid Committee and the Moscow City Government have been obtained.

BUDGET FOR THE PARALYMPIC GAMES

A. Revenues	USD’000	B. Expenditure	USD’000
Moscow OCOG contribution	87,000	Sports and venues	25,500
Sponsorship	5,500	Olympic Village & Media Village	9,500
Official supplliers	5,000	IBC/MPC	7,500
Ticket sales	3,500	Games workfors	8,500
Licensing	500	Technology	8,000
Lotteries	1,500	Ceremonies & Culture	10,500
Donations	4,000	Medical service	5,500
Disposal of assets	1,000	Catering	12,000
Subsidy of the Moscow City Government	9,000	Transport	13,500
Other	2,000	Security	5,500
		Administration	10,500
		Other	2,500
Total revenues	119,000	Total expenditure	119,000

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