Blackberry 2003 Annual Report Download - page 4

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Financial฀
Highlights
RIM฀Annual฀Revenue฀(in฀millions฀of฀dollars)
030099
47.3
0201
85.0
221.3
294.1
306.7
(in฀thousands฀of฀U.S.฀dollars,฀except฀per฀share฀amounts)฀ March฀1,฀2003฀ March฀2,฀2002฀ February฀28,฀2001
Statement฀of฀Operations฀Data฀ ฀ ฀ ฀ ฀ ฀
Revenue฀ $฀ 306,732฀ $฀ 294,053฀ $฀ 221,327
Gross฀margin฀ ฀ 140,117฀ ฀ ฀98,560฀ ฀ 87,475
Research฀&฀development฀and฀selling,฀
฀ general฀and฀administration฀ ฀ 173,900฀ ฀ 139,805฀ ฀ 83,481
Amortization฀ ฀ 30,445฀ ฀ 17,485฀ ฀ 8,645
Restructuring฀charges฀ ฀ 6,550฀ ฀ –฀ ฀ –
Litigation฀฀ ฀ 58,210฀ ฀ –฀ ฀ –
Investment฀income฀ ฀ ฀ (11,430)฀ ฀ ฀(25,738)฀ ฀ (22,921)
Income฀(loss)฀before฀write-down฀of฀long-term฀investments฀
฀ and฀income฀tax฀ ฀ ฀ (117,558)฀ ฀ (32,992)฀ ฀ 18,270
Write-down฀of฀long-term฀investments฀ ฀ –฀ ฀ 5,350฀ ฀ 14,750
Provision฀for฀(recovery฀of)฀income฀taxes฀฀ ฀ 31,106฀ ฀ (9,863)฀ ฀ 9,731
Net฀loss฀ ฀ $฀(148,664)฀ $฀ (28,479)฀ $฀ (6,211)
Loss฀per฀share฀฀ ฀ ฀ ฀ ฀ ฀
฀ Basic฀ ฀ $฀ (1.91)฀ $฀ (0.36)฀ $฀ (0.08)
฀ Diluted฀ ฀ $฀ (1.91)฀ $฀ (0.36)฀ $฀ (0.08)
Operating฀Data฀(percentage฀of฀revenue)
Gross฀margin฀ ฀ 45.7%฀ ฀ 33.5%฀ ฀ 39.5%
Research฀and฀development฀–฀gross฀ ฀ 21.2%฀ ฀ 16.8%฀ ฀ 11.6%
Selling,฀marketing฀and฀administration฀ ฀ 38.5%฀ ฀ 34.8%฀ ฀ 29.5%
Balance฀Sheet฀Data
Cash,฀cash฀equivalents,฀marketable฀securities฀
฀ and฀long-term฀portfolio฀investments฀ $฀ 530,711฀ $฀ 644,559฀ $฀ 721,927
Total฀assets฀ $฀859,609฀ $฀ 948,157฀ $฀ 970,063
Shareholders’฀equity฀ $฀ 704,734฀ $฀ 876,745฀ $฀ 902,933