Blackberry 2013 Annual Report Download - page 116

Research In Motion Limited
(United States dollars, in millions)
Consolidated Statements of Cash Flows
See notes to consolidated financial statements.
For the Year Ended
March 2,
2013
March 3,
2012
February 26,
2011
Cash flows from operating activities
Income (loss) from continuin
g
o
p
erations $ (628) $ 1,171 $ 3,411
Loss from discontinued o
p
erations
(18) (7)
—
Net income (loss)
(646) 1,164 3,411
Ad
j
ustments to reconcile net income (loss) to net cash
p
rovided b
y
o
p
eratin
g
activities:
Amortization
1,918 1,523 927
Deferred income taxes
87 (5) 92
Income taxes
p
a
y
able
2 (21) 2
Stoc
k
-based com
p
ensation
86 97 72
Im
p
airment of
g
oodwill
335 355
—
Other
36 9 1
Net chan
g
es in workin
g
ca
p
ital items
485 (21
0
) (496)
Net cash provided by operating activities 2,303 2,912 4,009
Cash flows from investing activities
Ac
q
uisition of lon
g
-term investments
(296) (355) (784)
Proceeds on sale or maturit
y
of lon
g
-term investments
227 376 893
Ac
q
uisition of
p
ro
p
ert
y
,
p
lant and e
q
ui
p
ment (413) (902) (1,039)
Ac
q
uisition of intan
g
ible assets
(1,005) (2,217) (557)
Business ac
q
uisitions, net of cash ac
q
uired (6
0
) (226) (494)
Ac
q
uisition of short-term investments
(1,472) (25
0
) (503)
Proceeds on sale or maturit
y
of short-term investments
779 55
0
786
Net cash used in investing activities
(2,24
0
) (3,024)
(1,698)
Cash flows from financing activities
Issuance of common shares
—
9
67
Tax deficiencies related to stoc
k
-based com
p
ensation
(11) (2) (1)
Purchase of treasur
y
stoc
k
(25) (156) (76)
Common shares re
p
urchased
—
—
(2,077)
Net cash used in financing activities
(36) (149) (2,087)
Effect of foreign exchange gain (loss) on cash and cash equivalents (5) (3) 16
Net increase (decrease) in cash and cash equivalents for the year 22 (264)
240
Cash and cash equivalents, beginning of year
1,527 1,791 1,551
Cash and cash equivalents, end of year $ 1,549 $ 1,527 $ 1,791