LTOK's Annual Budget and Plans have been presented, revenues will decrease

On Friday, the annual General Assembly session of the Lithuanian National Olympic Committee (LTOC) took place in Vilnius During it, the 2022 financial and operational reports and the 2023 plan were presented to the Sports community, writes LTOK.

lt Inevitably, the event also discussed the international situation in the world of Sports and the question of Russian and Belarusian participation in 2024.

at the Paris Olympics "Our position does not change - as long as the war is going on, Russians and Belarusians cannot participate in any international competitions, especially the Olympic Games.

We must do our best to make sure that they are not at the Olympics, not us Our continent is united - Russians and Belarusians will not take part in the summer European Games or Youth Olympic Festivals," said Olympic champion Daina Gudzinevičiūtė, president of the LTOK.

She called on the Lithuanian Sports federations to unite with their colleagues from other countries and demand that the International Federations adhere to the currently valid recommendations of the International Olympic Committee (IOC) and not allow the Russians who started the war in Ukraine and the Belarusians who support their actions to participate in international competitions, and at the same time not allow them to participate in the Olympic Games in the selection At the event, the head of the Lithuanian Sports Agency, Mindaugas Špokas, read the speech of the Minister of Education, Science and Sports, Jurgita Šiugždinienė, in which it was emphasized that Russians and Belarusians cannot participate in the Olympic Games.

At the beginning of the session, Vadimas Gutcaitas, president of the National Olympic Committee of Ukraine, addressed the Lithuanian Olympic community with the help of a video "I want to thank you for your help to the Ukrainian people, Ukrainian athletes.

For that solidarity, which you demonstrated during a difficult time for our country I am sure we will do everything to avoid seeing Russian and Belarusian athletes at the Olympic Games in Paris.

We will do everything so that we, Ukrainian and Lithuanian athletes, win awards and stand on the podium", said V Gutcaitas.

Financial Report The past year was marked by a cardinal change in the financing not only of the entire Olympic sport, but also of the LTOC After the Seimas adopts the amendments to the Law on Lotteries, until then 8% is allocated to the Olympic movement.

of the working capital of the company "Olifėja" from 2022 goes to the state budget in July.

All Sports funding was taken over by the state The income of LTOK last year was 10.

8 Million Euros

Most Of It - 5 87 Million

euros - accounted for 8 percent of the working capital of the "Olifėja" company, which LTOK received by July 1.

Dividends paid by UAB "Olifėja" managed by LTOK last year amounted to 4 1 million.

euros Other revenues are targeted subsidies from the IOC and the Association of European Olympic Committees (EOC).

LTOK's expenses last year amounted to 7 55 million.

Euros Most Of It - 5

35 million euros - was allocated to the financing of Olympic sports.

Until July 1 4 631 million was allocated to Sports federations.

euros, and Olympic scholarships were paid to 108 Olympic candidates "We are planning our income according to UAB Olifėja's forecasts, the business was better than planned, so LTOK's income in 2022 was higher than forecast.

But of course, there was a lot of saving," said LTOK treasurer Darius Čerka Justina Stašaitytė, the authorized representative of PricewaterhouseCoopers UAB, who performed the audit of LTOK, confirmed that the financial reports submitted by the organization are correct.

The Chairman of the Audit Commission, Algimantas Blažys, also confirmed that after reviewing the submitted documents, no inconsistencies were found Income of the Lithuanian Olympic Fund (LOF) in 2022 amounted to 1.

3 Million Euros Costs - Almost 1 Million

Euros Most of the funds were allocated to the organization of events, work with sponsors, development of the "LTeam" brand uniting the Lithuanian Olympic team.

Income will decrease It is planned that this year LTOK will receive income only from dividends paid by UAB "Olifėja" and targeted subsidies from TOK and EOK A total of 3.

83 Million Is Expected Eur Revenues, Of Which 3

4 million dividends amounting to EUR Most of the expenses are expected for Olympic Sports this year - 1.

88 Million Euros

These funds will be used for preparations in 2024 for the Paris Olympic Games, participation in the European Youth Winter and Summer Olympic Festivals, At the European Games in Krakow and at the World Beach Games organized by ANOC in Indonesia.

Although the LTOC's income will decrease by more than half this year, aid to Sports federations has already been provided for in the budget draft by the decision of the Executive Committee: one-time grants of 790 thousand are planned for Olympic sports, partners recognized by the LTOC and Sports federations included in the program of the Paris Olympic Games euros.

Successful events The president of LTOK presented the report of the activities of the Executive Committee Last year, LTOK organized participation in three Olympic events: in February, the Beijing Winter Olympic Games were held in China, in March, young athletes competed in the European Youth Winter Olympic Festival in Finland, and in July, the athletes brought back as many as 10 medals from the European Youth Summer Olympic Festival.

Over 155,000 people participated in Olympic education projects children and youth, 12 projects and programs were implemented during the year.

"We are particularly pleased with the cooperation with the first lady Diana Nausėdiene We are especially grateful to her for sponsoring even three projects, help and support in spreading Olympic values ​​and physical literacy ideas", said D.

Gudzinevičiūtė Last year, LTOK paid great attention to good governance, gender equality, Sports management and improving the personal competencies of athletes and coaches.

58 Sports administrators participated in the Sports management trainings financed by the IOC Olympic Solidarity Athletes and federations also participated in the programs financed by Olympic Solidarity.

Five athletes preparing for the Olympic Games received Olympic Solidarity scholarships, additional grants went to the women's beach and basketball teams, Olympic wrestler Mantas Knystauts was given a scholarship to study at the University of Cologne, and technical courses for five Sports federations were financed Last year, the international project "RINGS" finished, during which a platform for good management was created.

The whole year was spent preparing for the international women's leadership project "New Miracle" This LTOK initiative, which won funding from the European Union, started at the beginning of this year.

LTOK also joined an international project to develop a second career system for athletes The Lithuanian Olympic Foundation, which manages the "LTeam" brand uniting the Lithuanian Olympic team, organized five successful events last year.

During the "Olympic Day" held in Kaunas, over 20,000 people had the opportunity to try 100 free Sports activities The Sports film festival attracted over 1,000 spectators, and over 7,000 Vilnius residents enjoyed winter Sports entertainment at the "Beijing 2022" winter festival.

Last year, the traditional "LTeam" conference was dedicated exclusively to Olympians, high-performance athletes and the development of their personal competencies For the second year in a row, the Lithuanian Sports awards, which crowned the year, brought together the best representatives of Olympic and Paralympic Sports on one stage.

Valentinas Paketūras, general director of LTOK, presented the 2023 four national teams that are being formed the organization's activity plan.

This year, LTOK is taking as many as four national teams to the Olympic events In January, the European Youth Winter Olympic Festival was held in Italy.

In the summer, Slovenia will host the European Youth Summer Olympic Festival, The European Games will be held in Poland, and Lithuania will participate in the ANOC Beach Games for the first time in Indonesia In July, the heads of the LTOK Olympic Sports Directorate will also participate in the 2024.

At the meeting of the leaders of the teams of the Paris Olympic Games The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly.

These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system.

and in Indonesia, Lithuania will participate in the ANOC Beach Games for the first time In July, the heads of the LTOK Olympic Sports Directorate will also participate in the 2024.

At the meeting of the leaders of the teams of the Paris Olympic Games The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly.

These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system.

and in Indonesia, Lithuania will participate in the ANOC Beach Games for the first time In July, the heads of the LTOK Olympic Sports Directorate will also participate in the 2024.

At the meeting of the leaders of the teams of the Paris Olympic Games The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly.

These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system.

In July, the heads of the LTOK Olympic Sports Directorate will also participate in the 2024 At the meeting of the leaders of the teams of the Paris Olympic Games.

The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education.

Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system In July, the heads of the LTOK Olympic Sports Directorate will also participate in the 2024.

At the meeting of the leaders of the teams of the Paris Olympic Games The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly.

These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system.

The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education.

Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system The Lithuanian Special Olympics Committee and the Republican Association of Preschool Physical Education Pedagogues (RIUKKPA) were approved as members of the LTOK by the decision of the General Assembly.

These are organizations that promote the development of Olympism in Lithuania and closely cooperate with LTOK in the development of joint projects in the field of Olympic education Gintaras Jasiūnas, president of the Association of Heads of Sports Departments of Lithuanian Municipalities, presented a study of the activities of Lithuanian municipal sportsmen's training centers, as well as the preparation of operational recommendations and an accreditation system.

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