Blackberry 2009 Annual Report Download - page 86

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84
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
The following tables show the fair values of derivative
instruments in the consolidated balance sheets.
As at
February 28,
2009 March 1,
2008
Derivative instruments designated as
hedging instruments as defined in
SFAS 133 Balance Sheet Classification Fair Value Balance Sheet Classification Fair Value
Cash flow hedges, currency forward
contracts - asset Other current assets $ 48,074 Other current assets $ 46,302
Cash flow hedges, currency forward
contracts - liability Accrued liabilities $ 50,756 Accrued liabilities $ 11,708
As at
February 28,
2009 March 1,
2008
Derivative instruments that do not
meet the requirements for hedge
accounting under SFAS 133 Balance Sheet Location Fair Value Balance Sheet Location Fair Value
Economic hedges, currency forward
contracts - asset Other current assets $ 22,026 Other current assets $ 1,205
Economic hedges, currency forward
contracts - liability Accrued liabilities $ 6,071 Accrued liabilities $ 8,085
The following tables show the impact of derivative
instruments on the consolidated statements of operations.
Derivative Instruments in
Cash Flow Hedging
Relationships as defined in
SFAS 133
Amount of Gain (Loss)
Recognized in OCI on
Derivative Instruments
(Effective Portion)
Location of Gain (Loss)
Reclassified from
Accumulated OCI into
Income (Effective Portion)
Amount of Gain (Loss)
Reclassified from
Accumulated OCI into
Income (Effective Portion)
For the Year Ended
February 28, 2009 For the Year Ended
February 28, 2009
Currency Forward Contracts $ 47,272 Revenue $ 43,212
Currency Forward Contracts $ (9,991) Cost of sales $ (4,425)
Currency Forward Contracts $ (14,986) Selling, marketing and
administration $ (6,638)
Currency Forward Contracts $ (24,977) Research and development $ (11,063)
Derivative Instruments in Hedging
Relationships that do not meet
the requirements for hedge accounting
under SFAS 133 Location of Gain Recognized in Income
on Derivative Instruments
Amount of Gain in Income on
Derivative Instruments
For the Year Ended
February 28, 2009
Currency Forward Contracts Selling, marketing and administration $ 24,782