Blackberry 2012 Annual Report Download - page 136

Research In Motion Limited
Notes to the Consolidated Financial Statements
In millions of United States dollars, except share and per share data, and except as otherwise indicated
The Company corroborates the fair values provided by the independent third party for term deposits/certificates by comparing
those provided against fair values determined by the Company utilizing quoted prices from vendors for identical securities, or
the market prices of similar securities adjusted for observable inputs such as differences in maturity dates, interest rates and
credit ratings. The term deposits/certificates held by the Company are all issued by major banking organizations and all have
investment grade ratings.
The Company corroborates the fair values provided by the independent third party for commercial paper by comparing those
provided against fair values determined by the Company utilizing quoted prices from vendors for identical securities, or the
market prices of similar securities adjusted for observable inputs such as differences in maturity dates, interest rates, dealer
placed rates and credit ratings. The commercial paper held by the Company are all issued by major financing, corporate or
capital organizations and all have investment grade ratings.
The Company corroborates the fair values provided by the independent third party for non-U.S. treasury bills/notes by
comparing those provided against fair values determined by the Company utilizing quoted prices from vendors for identical
securities, or the market prices of similar securities adjusted for observable inputs such as differences in maturity dates, interest
rates and credit rating. All non-U.S. treasury bills/notes held by the Company are issued by the Federal and/or Provincial
Governments of Canada and all have investment grade ratings.
The Company corroborates the fair values provided by the independent third party for U.S. treasury bills/notes by comparing
those provided against fair values determined by the Company utilizing quoted prices from vendors for identical securities as
provided by U.S. government bond dealers. All U.S. treasury bills/notes held by the Company are issued by the United States
Department of the Treasury and all have investment grade ratings.
The Company corroborates the fair values provided by the independent third party for U.S. government sponsored enterprise
notes by comparing those provided against fair values determined by the Company utilizing quoted prices from vendors for
identical securities as provided by U.S. government bond dealers or prices as provided by the published index of U.S. Agency
securities. The U.S. government sponsored enterprise notes held by the Company are primarily agency notes and collateralized
mortgage obligations issued and backed by government organizations such as Freddie Mac and Fannie Mae and all have
investment grade ratings.
The Company corroborates the fair values provided by the independent third party for non-U.S. government sponsored
enterprise notes by comparing those provided against fair values determined by the Company utilizing quoted prices from
vendors for identical securities, or the market prices of similar securities adjusted for observable inputs such as differences in
maturity dates, interest rates and credit ratings. The non-U.S. government sponsored enterprise notes held by the Company are
primarily issued by investment banks backed by European or Latin American countries and all have investment grade ratings.
The Company corroborates the fair values provided by the independent third party for corporate notes/bonds (other than those
classified as Level 3) by comparing those provided against fair values determined by the Company utilizing quoted prices from
vendors for identical securities, or the market prices of similar securities adjusted for observable inputs such as differences in
maturity dates, interest rates, yield curves, swap rates, credit ratings, industry comparable trades and spread history. The
corporate notes/bonds held by the Company are all issued by major corporate organizations and all have investment grade
ratings.
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