Blackberry 2002 Annual Report Download - page 18

RESEARCH IN MOTION LIMITED INCORPORATED UNDER THE LAWS OF ONTARIO. UNITED STATES DOLLARS, IN THOUSANDS EXCEPT PER SHARE DATA.
MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL REPORTING
To the Shareholders of Research In Motion Limited
Management of Research In Motion Limited is responsible for the preparation and presentation of the consolidated
financial statements and all of the financial information in this Annual Report. The consolidated financial statements were
prepared in accordance with Canadian generally accepted accounting principles and include certain amounts based
upon estimates and judgements required for such preparation. The financial information appearing throughout this
Annual Report is consistent with the consolidated financial statements. The consolidated financial statements have
been reviewed by the Audit Committee and approved by the Board of Directors of Research In Motion Limited.
In fulfilling its responsibility for the reliability and integrity of financial information, management has developed
and maintains systems of accounting and internal controls. Management believes these systems and controls
provide reasonable assurance that assets are safeguarded, transactions are executed in accordance with
management’s authorization and financial records are reliable for the preparation of accurate and timely
consolidated financial statements.
The Company’s Audit Committee of the Board of Directors, which consists entirely of non-management independent
directors, meets periodically with management and the independent auditors to ensure that each is discharging its
respective responsibilities, to review the consolidated financial statements and the independent auditors’ report and
to discuss significant financial reporting issues and auditing matters. The external auditors have full and unrestricted
access to the Audit Committee to discuss audit findings, financial reporting and other related matters. The Audit
Committee reports its findings to the Board of Directors for consideration when approving the consolidated financial
statements for issuance to the shareholders.
The consolidated financial statements have been audited by Ernst & Young LLP and Zeifman & Company LLP,
the independent auditors appointed by the shareholders, in accordance with Canadian generally accepted
auditing standards.
Waterloo, Ontario Mike Lazaridis Dennis Kavelman
President & Co-CEO Chief Financial Officer
AUDITORS’REPORT
To the Shareholders of Research In Motion Limited
We have audited the consolidated balance sheets of Research In Motion Limited as at March 2, 2002 and February 28,
2001 and the consolidated statements of operations and retained earnings and cash flows for each of the years in
the three year period ended March 2, 2002. These financial statements are the responsibility of the Company’s
management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with Canadian generally accepted auditing standards. Those standards
require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are
free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement presentation.
In our opinion, these consolidated financial statements present fairly, in all material respects, the financial position
of the Company as at March 2, 2002 and February 28, 2001 and the results of its operations and its cash flows for
each of the years in the three year period ended March 2, 2002 in accordance with Canadian generally accepted
accounting standards.
Toronto, Ontario Ernst & Young LLP Zeifman & Company LLP
April 2, 2002 Chartered Accountants Chartered Accountants
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