Blackberry 2003 Annual Report Download - page 35
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ResearchInMotionLimited|IncorporatedUndertheLawsofOntario(UnitedStatesdollars,inthousandsexceptpersharedataorasotherwiseindicated)
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FortheyearsendedMarch1,2003,March2,2002andFebruary28,2001
2.Cash,CashEquivalentsandMarketableSecurities
Cash,cashequivalentsandmarketablesecuritiesarecomprisedasfollows:
March1,2003 March2,2002
Cashandcashequivalents(a)
Balanceswithbanks $ 16,603 $ 4,840
Short-terminvestments 324,078 335,636
340,681 340,476
Marketablesecurities(b)
Bankcerticatesofdeposit – 40,230
Commercialpaper – 222,168
Corporatebonds – 6,382
Governmentagencypaper – 35,303
– 304,083
$ 340,681 $ 644,559
(a)Cashandcashequivalentsarecomprisedofbalanceswithbanks,moneymarketinvestment
funds,repurchaseagreements,bankcerticatesofdeposit,andinvestment-gradecommercialand
governmentsponsoredenterprisepaper,withweightedaverageyieldsof1.3%asatMarch1,2003
(2002–1.7%).Carryingvaluesoftheseinvestmentsapproximatemarketvalue.
(b)Carryingvaluesofbankcerticatesofdeposit,commercialpaper,corporatebondsandgovern-
mentagencypaperapproximatemarketvalue,withapproximateweightedaverageyieldsof2.7%
asatMarch2,2002.
3.Inventory
Inventoryiscomprisedasfollows:
March1,2003 March2,2002
Rawmaterials $ 18,784 $ 27,381
Workinprocess 8,205 7,164
Finishedgoods 4,286 2,932
$ 31,275 $ 37,477
4.Long-termPortfolioInvestments
Long-termportfolioinvestmentsarecomprisedasfollows:
CarryingValue
March1,2003 March2,2002
Asset-backedsecurities $ 69,002 $ –
Corporatebonds 105,918 –
Governmentsponsoredenterprisenotes 15,110 –
$ 190,030 $ –
MarketValue
March1,2003 March2,2002
Asset-backedsecurities $ 69,713 $ –
Corporatebonds 109,283 –
Governmentsponsoredenterprisenotes 15,193 –
$ 194,189 $ –
Long-termportfolioinvestmentscarryweightedaverageyieldsof3.8%asatMarch1,2003
(2002–n/a)andhavematuritiesofnolongerthanveyears.