Blackberry 2009 Annual Report Download - page 84

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82
RESEARCH IN MOTION LIMITED
notes to the consolidated financial statements continued
In thousands of United States dollars, except share and per share data, and except as otherwise indicated
February 28, 2009
Assets (Liabilities) Notional
Amount Carrying
Amount Estimated
Fair Value
Cash and cash equivalents $ - $ 835,546 $ 835,546
Available-for-sale investments $ - $ 1,398,104 $ 1,398,104
Currency forward contracts - asset $ 1,147,709 $ 70,100 $ 70,100
Currency forward contracts - liability $ 975,543 $ (56,827) $ (56,827)
March 1, 2008
Assets (Liabilities) Notional
Amount Carrying
Amount Estimated
Fair Value
Cash and cash equivalents $ - $ 1,184,398 $ 1,184,398
Available-for-sale investments $ - $ 1,154,098 $ 1,154,098
Long-term debt $ - $ (7,608) $ (7,830)
Currency forward contracts - asset $ 991,884 $ 47,507 $ 47,507
Currency forward contracts - liability $ 699,821 $ (19,793) $ (19,793)
Selling, marketing and administration expense for the fiscal
year includes a foreign currency exchange loss of $6.1 million
(March 1, 2008 – loss of $5.3 million; March 3, 2007 – loss of
$2.0 million).
17. FINANCIAL INSTRUMENTS
Values of financial instruments outstanding were as follows:
(b) Certain statement of cash flow information related to
interest and income taxes paid is summarized as follows:
For the year ended
February 28,
2009 March 1,
2008 March 3,
2007
Interest paid during the year $ 502 $ 518 $ 494
Income taxes paid during the year $ 946,237 $ 216,095 $ 32,101
(c) The following items are included in the accrued liabilities
balance:
As at
February 28,
2009 March 1,
2008
Marketing costs $ 91,160 $ 74,034
Warranty (note 13) 184,335 84,548
Royalties 279,476 150,151
Revenue rebates 134,788 60,282
Other 548,843 321,427
$ 1,238,602 $ 690,442
Other accrued liabilities as noted in the above chart, include,
among other things, salaries, payroll withholding taxes and
incentive accruals, none of which are greater than 5% of the
current liability balance.
(d) Additional information
Advertising expense, which includes media, agency and
promotional expenses totalling $337.3 million (March 1, 2008 -
$124.6 million; March 3, 2007 - $67.7 million) is included in
Selling, marketing and administration expense.