Blackberry 2005 Annual Report Download - page 56

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54
5. Inventory
Inventory is comprised as follows:
February 26, 2005 February 28, 2004
Raw materials $78,080 $35,119
Work in process 11,282 8,713
Finished goods 9,868 7,679
Provision for excess and obsolete inventory (6,741) (8,675)
$92,489 $42,836
6. Capital Assets
Capital assets are comprised of the following:
February 26, 2005
Accumulated Net book
Cost amortization value
Land $8,850 $ – $ 8,850
Buildings, leaseholds and other 109,654 14,016 95,638
BlackBerry operations and other information technology 135,352 75,495 59,857
Manufacturing equipment, research and
development equipment, and tooling 60,222 33,175 27,047
Furniture and fixtures 40,553 21,833 18,720
$354,631 $ 144,519 $ 210,112
February 28, 2004
Accumulated Net book
Cost amortization value
Land $ 8,850 $ – $ 8,850
Buildings, leaseholds and other 70,326 11,343 58,983
BlackBerry operations and other information technology 91,950 47,605 44,345
Manufacturing equipment, research and
development equipment, and tooling 57,156 28,176 28,980
Furniture and fixtures 18,621 12,070 6,551
$246,903 $ 99,194 $ 147,709
As at February 26, 2005 the carrying amount of assets under construction is $15,849 (February 28, 2004 – $nil)
and is including in Building, leaseholds and other.
For the year ended February 26, 2005, amortization expense related to Capital assets was $47,030
(February 28, 2004 – $35,067; March 1, 2003 – $27,997). During fiscal 2004, the Company recorded additional
amortization expense of $1,318 with respect to certain Capital assets no longer used by the Company;
$618 of this amount is included in Cost of sales.
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)