Blackberry 2013 Annual Report Download - page 158

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 components of accumulated other comprehensive income (loss) are as follows:
The notional amounts and fair values of financial instruments outstanding were as follows:
Foreign Exchange
The Company uses derivative instruments to manage exposures to foreign exchange risk resulting from transactions in
currencies other than its functional currency, the U.S. dollar. The Company’s currency risk management objective in holding
derivative instruments is to reduce the volatility of current and future income as a result of changes in foreign currency exchange
rates. To limit its exposure to adverse movements in foreign currency exchange rates, the Company enters into foreign currency
forward and option contracts. The Company does not use derivative instruments for speculative purposes.
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14. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
As at
March 2,
2013
March 3,
2012
February 26,
2011
Accumulated net unrealized gains on available-for-sale
investments
$ 2 $ 2 $ 5
Accumulated net unrealized gains (losses) on derivative
instruments desi
g
nated as cash flow hed
g
es
(6) 38 (15)
Accumulated other com
p
rehensive income (loss)
$(4) $40 $(1
0
)
15. DERIVATIVE FINANCIAL INSTRUMENTS
As at March 2, 2013
Notional Estimated
Assets (Liabilities) Amount Fair Value
Currenc
y
forward contracts - asset
$2,356 $57
Currenc
y
o
p
tion contracts - asset
309 2
Currenc
y
forward contracts - liabilit
y
1,332 (24)
Currenc
y
o
p
tion contracts - liabilit
y
426 (11)
As at March 3, 2012
Assets (Liabilities)
Notional
Amount
Estimated
Fair Value
Currenc
y
forward contracts - asset
$1,608 $55
Currenc
y
o
p
tion contracts - asset
608 17
Currenc
y
forward contracts - liabilit
y
2,155 (34)
Currenc
y
o
p
tion contracts - liabilit
y
480 (1)