Blackberry 2003 Annual Report Download - page 28

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26
Research฀In฀Motion฀Limited฀฀|฀฀Incorporated฀Under฀the฀Laws฀of฀Ontario฀(United฀States฀dollars,฀in฀thousands฀except฀per฀share฀data฀or฀as฀otherwise฀indicated)
27
For฀the฀years฀ended฀March฀1,฀2003,฀March฀2,฀2002฀and฀February฀28,฀2001
Consolidated฀
Balance฀Sheets As฀at฀ ฀ ฀ ฀ March฀1,฀2003฀ March฀2,฀2002
Assets
฀ Current
฀ ฀ Cash฀and฀cash฀equivalents฀(note฀2)฀ ฀ ฀฀ $฀ 340,681฀ $฀ 340,476฀
฀ ฀ Marketable฀securities฀(note฀2)฀ ฀ ฀ ฀ –฀ ฀ ฀304,083฀
฀ ฀ Trade฀receivables฀ ฀ ฀฀ ฀ 40,803฀ ฀ ฀42,642฀
฀ ฀ Other฀receivables฀ ฀ ฀฀ ฀ 4,538฀ ฀ ฀5,976฀
฀ ฀ Inventory฀(note฀3)฀ ฀ ฀ ฀ 31,275฀ ฀ 37,477฀฀
฀ ฀ Prepaid฀expenses฀and฀other฀ ฀ ฀ ฀ 7,640฀ ฀ ฀6,664฀
฀ ฀ ฀฀ ฀ ฀ ฀ 424,937฀ ฀ ฀737,318฀฀
Long฀term฀portfolio฀investments฀(note฀4)฀ ฀ ฀฀ ฀ 190,030฀ ฀ –฀
Capital฀assets฀(note฀5)฀ ฀ ฀฀ ฀ 162,575฀ ฀ 151,843฀
Intangible฀assets฀(note฀6)฀ ฀ ฀฀ ฀ 51,479฀ ฀ 16,003฀
Goodwill฀(note฀7)฀ ฀ ฀฀ ฀ 30,588฀ ฀ ฀14,395฀฀
Future฀income฀tax฀assets฀(note฀8)฀ ฀ ฀ ฀ –฀ ฀ ฀28,598฀
฀ ฀ ฀ ฀ ฀฀ $฀ 859,609฀ ฀$฀ 948,157฀
Liabilities
฀Current฀ ฀ ฀ ฀ ฀ ฀
฀ ฀ Accounts฀payable฀and฀accrued฀liabilities฀ ฀ ฀฀ $฀ 73,009฀ ฀$฀ 46,934฀
฀ ฀ Accrued฀litigation฀and฀related฀expenses฀(note฀14)฀ ฀ ฀฀ ฀ 50,702฀ ฀ –
฀ ฀ Income฀taxes฀payable฀ ฀ ฀฀ ฀ 4,909฀ ฀ ฀2,446฀
฀ ฀ Deferred฀revenue฀ ฀ ฀ ฀ 14,336฀ ฀ ฀9,773฀
฀ ฀ Current฀portion฀of฀long-term฀debt฀(note฀9)฀ ฀ ฀฀ ฀ 6,143฀ ฀ ฀385฀
฀ ฀ ฀ ฀ ฀ ฀ 149,099฀ ฀ ฀59,538฀
Long-term฀debt฀(note฀9)฀ ฀ ฀฀ ฀ 5,776฀ ฀ ฀11,874฀
฀ ฀ ฀ ฀ ฀ ฀ 154,875฀ ฀ ฀71,412฀
Shareholders’฀equity
Capital฀stock฀(note฀10)฀ ฀ ฀฀ ฀ 874,377฀ ฀ 894,750
Decit฀ ฀฀ ฀ ฀ (169,643)฀ ฀ ฀(18,005)
฀ ฀ ฀ ฀ ฀ ฀ 704,734฀ ฀ 876,745
฀ ฀ ฀ ฀ ฀ $฀ 859,609฀ $฀ 948,157฀฀
Commitments฀and฀contingencies฀(note฀11฀and฀14)
See฀notes฀to฀the฀consolidated฀nancial฀statements.
฀ ฀ ฀
On฀behalf฀of฀the฀Board฀ ฀ ฀ ฀ ฀ ฀
Jim฀Balsillie฀ ฀ ฀฀ Douglas฀Wright฀
Director฀ ฀ ฀฀ ฀ Director฀