Blackberry 2007 Annual Report Download - page 65

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63
For the Year Ended
March 3,
2007 March 4,
2006 February 26,
2005
(Restated - note 4) (Restated - note 4)
Revenue
Devices and other $ 2,303,800 $ 1,526,268 $ 983,621
Service and software 733,303 539,577 366,826
3,037,103 2,065,845 1,350,447
Cost of sales
Devices and other 1,265,251 840,549 555,034
Service and software 114,050 85,049 81,276
1,379,301 925,598 636,310
Gross Margin 1,657,802 1,140,247 714,137
Expenses
Research and development (note 15) 236,173 158,887 102,665
Selling, marketing and administration (notes 18(d) and 19) 537,922 314,317 193,838
Amortization 76,879 49,951 35,941
Litigation (note 13 (b)) -201,791 352,628
850,974 724,946 685,072
Income from operations 806,828 415,301 29,065
Investment income 52,117 66,218 37,107
Income before income taxes 858,945 481,519 66,172
Provision for (recovery of) income taxes (note 10)
Current 123,553 14,515 1,425
Deferred 103,820 92,348 (140,865)
227,373 106,863 (139,440)
Net income $ 631,572 $ 374,656 $ 205,612
Earnings per share (note 16)
Basic $ 3.41 $ 1.98 $ 1.10
Diluted $ 3.31 $ 1.91 $ 1.04
See notes to the consolidated financial statements.
RESEARCH IN MOTION LIMITED
consolidated statements of operations
(United States dollars, in thousands, except per share data)