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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)
Annual Report 2006 19
For the years ended March 4, 2006, February 26, 2005 and February 28, 2004
Summary Results of Operations — Fiscal 2006 Compared to Fiscal 2005
The following table sets forth certain consolidated statement of operations and consolidated balance sheet
data for the periods indicated:

As at and for the Fiscal Year Ended  February 26, 2005  February 28, 2004
(in thousands, except for per share amounts)
Revenue  $ 1,350,447   $ 594,616
Cost of sales  635,914  323,365
Gross margin  714,533  271,251
Expenses
Research and development   101,180  62,638
Selling, marketing and administration  190,730  108,492
Amortization  35,941  27,9 1 1
Sub-total  327,851  199,041
Litigation (1)    352,628   35,187
 680,479  234,228
Income from operations  34,054  37,023
Investment income 37,107  10,606
Income before income taxes  71, 1 6 1  47,629
Provision for (recovery of) income taxes (2)  (142,226)  (4,200)
Net income   $ 213,387   $ 51,829
Earnings per share (3)
Basic   $ 1.14   $ 0.33
Diluted   $ 1.09   $ 0.31
Total assets  $ 2,620,994 
Total liabilities   $ 637,318  
Total long-term liabilities   $ 6,504  
Shareholders’ equity  $ 1,983,676  
Notes:
(1) See “Results of Operations – Litigation” and note 15 to the Consolidated Financial Statements.
(2) See “Results of Operations – Income Taxes” and note 9 to the Consolidated Financial Statements.
(3) See “Stock Split” and note 11(a) to the Consolidated Financial Statements.