Blackberry 1999 Annual Report Download - page 29

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6. CAPITAL ASSETS
Capital assets are comprised as follows (in thousands):
1999
Accumulated Net book
Cost amortization value
Furniture, fixtures, tooling and equipment $ 18,212 $ 4,423 $ 13,789
Computer equipment 8,434 2,288 6,146
Leasehold improvements 1,793 361 1,432
Patents 1,127 144 983
$ 29,566 $ 7,216 $ 22,350
1998
Accumulated Net book
Cost amortization value
Furniture, fixtures, tooling and equipment $ 11,431 $ 1,728 $ 9,703
Computer equipment 4,025 1,167 2,858
Leasehold improvements 641 99 542
Patents 708 78 630
$ 16,805 $ 3,072 $ 13,733
7. INCOME TAXES
The Company has non-refundable investment tax credit carry-forwards which total $4,114,000 as at February 28,
1999. These investment tax credits are available to offset future federal income taxes payable. The Company has an
unclaimed Scientific Research and Experimental Development (“SRED”) tax pool of $3,325,000 which is available
to offset future taxable income. In addition, the Company has loss carry-forwards of $12,400,000 for Ontario tax
purposes which have arisen primarily as a result of the provincial super-allowance on the Company’s research
and development expenditures. These carry-forwards expire as follows (in thousands):
Investment Ontario SRED
In the year ending tax credits tax losses pool
2000 $ – $ 1,688 $ –
2001 – 2,055 –
2002 3 223 –
2003 14 1,869 –
2004 49 2,825 –
2005 43 1,327 –
2006 371 2,413 –
2007 817 – –
2008 960 – –
2009 1,857 – –
Indefinite carryforward – – 3,325
$ 4,114 $ 12,400 $ 3,325
27
RESEARCH IN MOTION LIMITED
Incorporated Under the Laws of Ontario
Canadian dollars, in thousands, except for earnings per share