Blackberry 2013 Annual Report Download - page 142

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 following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition
for fiscal 2013, fiscal 2012:
The weighted-average amortization period of the acquired technology related to the business acquisition completed during the
year ended March 2, 2013 is approximately 4.3 years (March 3, 2012 – 3.4 years).
26
For the
y
ear ended
March 2,
2013
March 3,
2012
Assets purchased
Current assets
$4 $12
Pro
p
ert
y
,
p
lant and e
q
ui
p
ment
2 3
Other assets
4 6
Customer relationshi
p
intan
g
ible
10 16
Ac
q
uired technolo
gy
96 72
In-
p
rocess research and develo
p
ment
—
5
Deferred income tax asset
39 4
Goodwill
31 151
186 269
Liabilities assumed
(23) 29
Deferred income tax liability
(38) 9
(61) 38
Net non-cash assets acquired
125 231
Cash ac
q
uired
1 6
Purchase price
$126 $237
Consideration
Cash consideration $93 $232
Fair value of e
q
uit
y
interest
p
reviousl
y
held 20
—
Contin
g
ent consideration
13 5
$126 $237
Goodwill represents the excess of the acquisition price over the fair value of net assets acquired, which is not expected to be
deductible for tax purposes when goodwill results from share purchases. None of the goodwill resulting from certain assets
purchased in fiscal 2013 is expected to be deductible for tax purposes ($10 million of goodwill resulting from certain assets
purchased in fiscal 2012 is expected to be deductible for tax purposes). The entire goodwill balance was included in the goodwill
im
p
airment char
g
es incurred in the fourth
q
uarter of fiscal 2012 and the first
q
uarter of fiscal 2013, as discussed in note 6.
The Company has agreed to additional consideration contingent upon the retention of key employees for a period of 24 months
from the ac
q
uisition date.
(1)
(2)
(1)
(2)