By Sean Martin
New Zealand's Olympic success in London has come at a price - $180 million to be precise.
Watch the video to see Firstline's interview with former New Zealand Chef de Mission Bruce Ullrich.
That's the amount of Government money that has been ploughed into high performance sport programmes, including facilities and infrastructure, in the four-year period since Beijing.
It has reaped its reward in London with the 13 medals matching Seoul in 1988 as New Zealand's most successful in terms of overall medals.
Next year the Government will hand over $60 million to fund high performance sport.
Not all of the money goes to Olympic sports, but of those in London rowing, which scooped three gold and two bronze medals on the Eton Dorney course represents the best value for money.
With $19.181m pumped into rowing's high performance programme between 2009-2012, including monetary support to athletes, each Olympic medal has come at a cost $3.832m.
Medals don't come cheap.
Athletics received $7.269m in the same period and only had shot putter Valerie Adams' silver medal to show for it.
The cycling team's three medals cost $6.110m each and the gold and silver earned by the next most successful sport - yachting - came at a cost of $5.650m.
Other sports which attract sizeable funding - swimming, hockey and triathlon - leave London without anything to show for it.
Alex Baumann, the former Canadian Olympic double gold medal-winning swimmer in charge of High Performance Sport New Zealand, told media in London that Olympic performance would play a role in determining how much funding they are allocated but it was not the be-all and end-all.
Sporting organisations need to present their high performance plans to HPSNZ in November and Baumann said other than results, the sport's athletes, coaches and structure were also considered.
"If we do not see potential in a sport they may not get funding," he said.
HPSNZ allocated around 70 percent of its funding to nine sports targeting Olympic medal and world champions success.
Six are Olympic disciplines - athletics, cycling, rowing, yachting, swimming and triathlon - and the three other targeted sport
HPSNZ funding for targeted Olympic sports 2009-2012:
Sport Funding Medals $ per medal
Rowing $19.181m 5 $3.832m
Cycling $18.332m 3 $6.110m
Sailing $11.299m 2 $5.650m
Athletics $7.269m 1 $7.269m
Canoeing $4.308m 1 $4.308m
Equestrian $4.241m 1 $4.241m
Swimming $7.476m 0 n/a
Hockey $7.145m 0 n/a
Triathlon $6.932m 0 n/a
Football $1.572m 0 n/a
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