Vancouver, BC – Operational activities are ramping up, venue construction continues to wind down, and the second quarter financial statements of the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) released today reflect this stage of planning for the Games. In addition VANOC is in a favourable cash balance position, at $56.5 million. VANOC’s financial reporting reflects the two components of its business: 1) venue development
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Vancouver 2010 operational expenses in line with business plan projections – Cash balance positive at $56.5 million and strong sponsor revenue received
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