Vancouver Olympics break even

Organizers of the Vancouver Winter Games say all the bills have been paid and the 2010 Olympics officially broke even.

The Vancouver Organizing Committee says total revenues and expenses were just shy of $1.9 billion. At the end of the day, the federal government contributed $74.4 million, the British Columbia government $113.4 million and other governments $176 million, while the International Olympic Committee kicked in $659 million in sponsorships and contributions.

Ticket sales raised $269 million, while licensing and merchandising accounted for another $54 million. VANOC says there are no more outstanding assets or debts, and is asking the government to dissolve the company.