Blackberry 2001 Annual Report Download - page 28

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Research In Motion Limited >Incorporated Under the Laws of Ontario >United States dollars, in thousands except per share data
Cash and cash equivalents are comprised of money market investment funds, corporate bonds, bank certificates
of deposit, high grade commercial and government agency paper and government treasury bills. Carrying values
of these investments approximate market value and will generate an approximate weighted average yield of 5.3%
as at February 28, 2001. The short-term investments as at February 28, 2001 all have maturity dates of less
than three months.
3. Marketable Securities
Marketable securities are comprised as follows:
February 28, 2001 February 29, 2000
Preferred shares $ –$ 4,702
Bonds and debentures 32,168 102,489
Discount notes 180,937 110,925
$ 213,105 $ 218,116
Carrying values of preferred shares, bonds and debentures and discount notes approximate market value.
Investments in bonds and debentures and discount notes represent holdings in corporate and government notes
with approximate average yields of 5.6% on February 28, 2001 (2000 –5.4%). The marketable securities as at
February 28, 2001 all have maturity dates of less than six months.
4. Inventory
Inventory is comprised as follows:
February 28, 2001 February 29, 2000
Raw materials $ 51,535 $ 32,616
Work in process 6,665 2,733
Finished goods 9,844 1,503
$ 68,044 $ 36,852
5. Capital Assets
Capital assets are comprised as follows:
February 28, 2001
Accumulated
Cost amortization Net book value
Land $ 6,845 $ –$ 6,845
Buildings and leaseholds 26,741 1,276 25,465
Information technology 41,410 8,131 33,279
Furniture, fixtures, tooling, equipment and other 39,045 9,426 29,619
$ 114,041 $ 18,833 $ 95,208
February 29, 2000
Accumulated
Cost amortization Net book value
Land $ 3,110 $ –$3,110
Buildings and leaseholds 12,528 539 11,989
Information technology 14,481 3,453 11,028
Furniture, fixtures, tooling, equipment and other 18,883 5,713 13,170
$ 49,002 $ 9,705 $ 39,297
During the prior year, land and buildings in the amount of $6,726 were acquired by the assumption of mortgages.
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