Blackberry 2011 Annual Report Download - page 70

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the SEC issued a progress report for its work plan considering the impact of incorporating IFRS on the U.S. financial reporting system.
The SEC staff is currently using a sample of global jurisdictions to analyze how IFRS is being incorporated in other jurisdictions and to
assess its potential impact on a variety of stakeholders including investors, regulators, and issuers. The Financial Accounting Standards
Board, in conjunction with the IASB, have prioritized the completion of certain convergence projects, while certain other projects have
been deferred beyond the original June 2011 target completion date. In 2011, assuming completion of certain projects and the SEC
staff’s work plan, the SEC is expected to decide whether to incorporate IFRS into the U.S. financial reporting system.
4. CASH, CASH EQUIVALENTS AND INVESTMENTS
The components of cash, cash equivalents and investments were as follows:
Cost Basis
Unrealized
Gains
Unrealized
Losses Fair Value
Cash and Cash
Equivalents
Short-term
Investments
Long-term
Investments
As at February 26, 2011
Bank balances $ 288 $ – $ – $ 288 $ 288 $ – $ –
Money market fund 20 – – 20 20 – –
Bankers acceptances 468 – – 468 468 – –
Term deposits/certificates 125 – – 125 109 16 –
Commercial paper 416 – – 416 369 47 –
Non-U.S. treasury bills/notes 509 – – 509 509 – –
U.S. treasury bills/notes 82 – – 82 – 40 42
U.S. government sponsored enterprise notes 190 1 – 191 8 66 117
Non-U.S. government sponsored enterprise notes 26 – – 26 – 10 16
Corporate notes/bonds 342 4 – 346 20 150 176
Asset-backed securities 141 – – 141 – 1 140
Auction-rate securities 35 – – 35 – – 35
Other investments 51 – – 51 – – 51
$2,693 $ 5 $ – $2,698 $1,791 $330 $577
As at February 27, 2010
Bank balances $ 535 $ – $ – $ 535 $ 535 $ – $ –
Money market fund 3 – – 3 3 – –
Bankers acceptances 297 – – 297 297 – –
Term deposits/certificates 80 – – 80 80 – –
Commercial paper 508 – – 508 473 35 –
Non-U.S. treasury bills/notes 92 – – 92 92 – –
U.S. treasury bills/notes 111 – – 111 – 51 60
U.S. government sponsored enterprise notes 442 4 – 446 71 71 304
Non-U.S. government sponsored enterprise notes 120 1 – 121 – 41 80
Corporate notes/bonds 347 7 – 354 – 152 202
Asset-backed securities 280 3 – 283 – 11 272
Auction-rate securities 41 – (8) 33 – – 33
Other investments 7 – – 7 – – 7
$2,863 $15 $(8) $2,870 $1,551 $361 $958
Realized gains and losses on available-for-sale securities comprise the following:
February 26,
2011
February 27,
2010
February 28,
2009
For the year ended
Realized gains $2 $– $ –
Realized losses ––(2)
Net realized gains (losses) $2 $– $(2)
RESEARCH IN MOTION ANNUAL REPORT 2011 57
RESEARCH IN MOTION LIMITED
Notes to the Consolidated Financial Statements
continued
In millions of United States dollars, except share and per share data, and except as otherwise indicated