According to the results of the audit of the financial income and expenditure of the Beijing Olympics released by the National Audit Office on June 19, 2009, the Beijing Olympics is making money.
The National Audit Office released the "Beijing Olympic Games financial income and expenditure and Olympic venues construction project tracking audit results," showed:
(a) Beijing Olympic Organizing Committee financial income and expenditure.
The Beijing Organizing Committee for the Olympic Games is the first organizing committee in the history of the Olympic Games to organize both the Olympic Games and the Paralympic Games, and its income and expenditure are divided into two parts: the Olympic Games and the Paralympic Games.
1. Olympic Games.
Based on the statistics of the actual income and expenditure as of March 15, 2009, the subsequent income to be realized and the expenditure to be settled, the income of the Beijing Organizing Committee for the Olympic Games will reach 20.5 billion yuan, an increase of 800 million yuan compared with the budget; the expenditure will reach 19.343 billion yuan, a slight increase compared with the budget; and the balance of income and expenditure will be more than 1 billion yuan.
The main components of the revenue include the market income developed by the IOC and the portion of the television broadcasting rights income allocated to the host city according to the agreement, which accounts for about 40% of the total revenue of the organizing committee; 9.87 billion yuan of income from market development carried out by the Beijing Organizing Committee under the authorization of the IOC according to the contract of the host city, which mainly includes sponsorship income from different levels of partners, sponsors and suppliers, and franchising income; and 9.87 billion yuan of income from the sponsorship of the host city. sponsorship revenues and franchise revenues; and other revenues of 1.96 billion yuan from tickets, accommodations, charge cards, interest, and asset disposal, of which 1.28 billion yuan was from tickets and 240 million yuan was from property disposal.
According to the relevant provisions of the International Olympic Committee's scope of expenditure and the actual situation of departmental responsibilities and project division in the preparatory work for the Beijing Olympic Games, the Beijing Organizing Committee for the Olympic Games*** has 28 budget expenditure subjects, which are classified into 8 areas according to their nature and purpose, namely: according to the "hardware" requirements of the International Olympic Committee for the venues and the surrounding environment of the host city to hold the Olympic Games, the budgets arranged by the Committee for the host city to hold the Olympic Games will be divided into 8 areas. 3.298 billion yuan; expenditures on the purchase and lease of sports equipment required for competition and training venues, expenditures on holding the "Good Luck Beijing" test match, and expenditures on subsidies for energy consumption and operation of venues during the competition, such as 1.965 billion yuan; expenditures on television broadcasting, accommodation, transportation, medical care, catering, etc., to be arranged during the competition according to the contracts of the hosting cities and the practice of the previous Olympic Games. 5.092 billion yuan in expenditure on services such as television broadcasting, accommodation, transportation, medical care, catering, etc., of which 1.723 billion yuan was spent on television broadcasting, 3.369 billion yuan was spent on accommodation and catering for athletes, officials and VIPs, rental of vehicles, doping tests, purchase of medical equipment, subsidies for designated hospitals, etc.; 1.272 billion yuan was spent on the creativity, organization and implementation of the opening and closing ceremonies, the passing of the torch within and outside the country, and expenditure on the promotion of the Olympics and thematic activities. 1.272 billion yuan; 1.424 billion yuan for payment of staff salaries and human resources expenditures such as recruitment, training, incentives, uniforms, etc. for staff and volunteers; 1.846 billion yuan for the Beijing Organizing Committee's administrative office, legal consultation, and operating expenditures covering personal and property insurance for athletes, technical officials, staff and volunteers, and charge cards, etc.; and according to the Host City Contract, the Olympic Games will provide the Paralympic Games with a total of 1.8 billion yuan. Agreement, the Olympic Games to the Paralympic Games subsidy expenditure of 484 million yuan.
2. The Paralympic component.
In order to reflect the principle of "running the Olympic Games frugally" and to reduce the duplication of inputs, the facilities and equipment that can be carried over from the Olympic Games (e.g., temporary buildings, broadcasting, technology, etc.), as well as administrative offices, staff salaries, legal services and other expenditures that can not be separated from the Olympic Games, were uniformly borne by the budget of the Olympic Games. The Paralympic budget is mainly used directly for the Paralympic Games organization and to provide special services to the Paralympic athletes budget (such as the Paralympic Games opening and closing ceremonies, torch relay, sports equipment, accommodation, food and beverage, uniforms, timing and scoring system, medical classification, prosthetic wheelchair maintenance, etc.), calculated according to this caliber, the Paralympic Games income, expenditure are 863 million yuan.