Blackberry 2002 Annual Report Download - page 25

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2. Cash, Cash Equivalents and Marketable Securities
Cash, cash equivalents and marketable securities are comprised as follows:
MARCH 2, 2002 FEBRUARY 28, 2001
Cash and cash equivalents (a)
Balances with banks $ 4,840 $6,002
Short-term investments 335,636 502,820
340,476 508,822
Marketable securities (b)
Bank certificates of deposit 40,230 –
Commercial paper 222,168 106,712
Corporate bonds 6,382 32,168
Government agency paper 35,303 74,225
304,083 213,105
$ 644,559 $ 721,927
(a) Cash and cash equivalents are comprised of balances with banks, money market investment funds, repurchase
agreements, bank certificates of deposit and investment-grade commercial and government agency paper. Carrying
values of these investments approximate market value, with approximate weighted average yields of 1.7% as at
March 2, 2002 (2001 –5.3%).
(b) Carrying values of bank certificates of deposit, commercial paper, corporate bonds and government agency paper
approximate market value, with approximate weighted average yields of 2.7% as at March 2, 2002 (2001 – 5.6%).
3. Inventory
Inventory is comprised as follows:
MARCH 2, 2002 FEBRUARY 28, 2001
Raw materials $27,381 $ 51,535
Work in process 7,164 6,665
Finished goods 2,932 9,844
$ 37,477 $ 68,044
4. Capital Assets
Capital assets are comprised as follows:
MARCH 2, 2002
ACCUMULATED
COST AMORTIZATION NET BOOK VALUE
Land $ 8,824 $ –$ 8,824
Buildings and leaseholds 60,090 3,288 56,802
Information technology 66,702 16,832 49,870
Furniture, fixtures, tooling and equipment 51,564 15,217 36,347
$ 187,180 $ 35,337 $ 151,843
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 and equipment 31,133 9,194 21,939
$ 106,129 $ 18,601 $ 87,528
During the year, the acquisition of land and buildings was partially financed by the assumption of a mortgage in the
amount of $5,981 (2001 –$ nil and 2000 –$6,726).
FOR THE YEARS ENDED MARCH 2, 2002, FEBRUARY 28, 2001 AND FEBRUARY 29, 2000
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