Blackberry 2015 Annual Report Download - page 95

BlackBerry Limited
Notes to the Consolidated Financial Statements
In millions of United States dollars, except share and per share data, and except as otherwise indicated
20
Goodwill
Changes to the carrying amount of goodwill during the fiscal years ended February 28, 2015 and March 1, 2014 were as
follows:
Carrying Amount
Balance as at March 3, 2012 $ 304
Goodwill acquired through business combinations during the year 31
Goodwill impairment charge (335)
Balance as at March 2, 2013 and March 1, 2014 —
Goodwill acquired through business combinations during the year (1) 76
Balance as at February 28, 2015 $ 76
(1) See Note 7 for details on the goodwill acquired through business acquisitions in fiscal 2015.
Impairment of goodwill
Due to business conditions and a continued significant decline in the Company’s market capitalization, the Company
concluded that goodwill impairment indicators existed and an interim goodwill impairment assessment was required in
fiscal 2013. Based on the results its goodwill impairment test, which compared the implied fair value of goodwill to its
carrying value, the Company concluded that the carrying value of goodwill was impaired. Consequently, the Company
recorded a goodwill impairment charge of $335 million in fiscal 2013 to write-off the entire carrying value of its
goodwill, and reported this amount as a separate line item in the consolidated statements of operations.
Accrued liabilities
Accrued liabilities were comprised of the following:
As at
February 28, 2015 March 1, 2014
Vendor inventory liabilities 58 244
Warranty 123 204
Royalties 56 106
Carrier liabilities 35 153
Other 386 507
$ 658 $ 1,214
Other accrued liabilities, as noted in the above table, include, among other items, salaries and payroll withholding taxes,
none of which were greater than 5% of the current liabilities balance.