Blackberry 2005 Annual Report Download - page 44

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42
Consolidated Statements of Operations
For the year ended February 26, 2005 February 28, 2004 March 1, 2003
U.S. GAAP (note 1)
Revenue $ 1,350,447 $594,616 $ 306,732
Cost of sales 635,914 323,365 187,289
Gross margin 714,533 271,251 119,443
Expenses
Research and development, net of
government funding (note 14) 101,180 62,638 55,916
Selling, marketing and administration
(notes 18(d) and 19) 190,730 108,492 104,978
Amortization 35,941 27,911 22,324
Restructuring charges –– 6,550
Litigation (note 15) 352,628 35,187 58,210
680,479 234,228 247,978
Income (loss) from operations 34,054 37,023 (128,535)
Investment income 37,107 10,606 11,430
Income (loss) before income taxes 71,161 47,629 (117,105)
Provision for (recovery of) income taxes (note 9)
Current 1,425 (4,200) 3,513
Deferred (143,651) – 28,239
(142,226) (4,200) 31,752
Net income (loss) $ 213,387 $51,829 $ (148,857)
Earnings (loss) per share (note 16)
Basic $1.14 $0.33 $ (0.96)
Diluted $1.09 $0.31 $ (0.96)
See notes to the consolidated financial statements.
Research In Motion Limited •Incorporated Under the Laws of Ontario (In thousands of United States dollars, except per share data, and except as otherwise indicated)