Blackberry 2006 Annual Report Download - page 21
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Please find page 21 of the 2006 Blackberry annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.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.