Blackberry 2004 Annual Report Download - page 57

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55
For the years ended February 28, 2004, March 1, 2003 and March 2, 2002
20. Supplemental Information
(a) Statement of cash flows
The following summarizes interest and income taxes paid:
For the year ended February 28, 2004 March 1, 2003 March 2, 2002
Interest paid during the year $ 770 $ 852 $ 779
Income taxes paid (refunded) during the year (196) 1,070 967
(b) Accrued liabilities
The following items are included in the accrued liabilities balance:
As at February 28, 2004 March 1, 2003
Airtime purchase costs 17,486 17,109
Marketing costs 13,081 8,116
Warranty 9,246 5,170
Royalties 10,042 4,558
Other 20,683 19,462
$ 70,538 $ 54,415
(c) Other information
Advertising expense, which includes media, agency
and promotional expenses equal to $18,206 (March 1,
2003 - $15,079; March 2, 2002 - $18,549) is
included in Selling, marketing and administration
expense.
Selling, marketing and administration expense for
the fiscal year includes a foreign currency exchange
gain of $2,156 (March 1, 2003 – gain of $293;
March 2, 2002 – loss of $1,042).
21. Financial Instruments
Values of financial instruments outstanding at fiscal year-ends were as follows:
February 28, 2004
Notional Carrying Estimated
Assets (Liabilities) Amount Amount Fair Value
Cash and cash equivalents $ – $ 1,156,419 $ 1,156,419
Available-for-sale investments – 187,824 187,824
Held-to-maturity investments –146,062 151,461
Long-term debt – (6,433) (6,808)
Currency forward contracts 208,850 5,399 5,399
March 2, 2003
Notional Carrying Estimated
Assets (Liabilities) Amount Amount Fair Value
Cash and cash equivalents $ – $ 340,681 $ 340,681
Available-for-sale investments – – –
Held-to-maturity investments – 190,030 194,189
Long-term debt – (11,919) (12,273)
Currency forward contracts 69,416 3,858 3,858