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attached is the financial statement of black berry i want to know 1) why was there a loss for back berry and where can it

attached is the financial statement of black berry

i want to know

1) why was there a loss for back berry and where can it be seen in the statements .

2) where does in the financial statement is the recovery of the loss specified if any ?

3)why will be the company be able to cope up with the loss . ?

image text in transcribed UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 40-F REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 or ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2016 Commission File Number 0-29898 __________________________________________________________ BlackBerry Limited (Exact name of Registrant as specified in its charter) Ontario 3661 Not Applicable (Province or other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No) 2200 University Ave East Waterloo, Ontario, Canada, N2K 0A7 (519) 888-7465 (Address and telephone number of Registrant's principal executive offices) BlackBerry Corporation 6700 Koll Center Parkway, 2nd Floor Pleasanton, California, USA 94566 (925) 931-6060 (Name, address and telephone number of agent for service in the United States) __________________________________________________________ Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Common Shares, without par value Common Shares, without par value Name of each exchange where registered Toronto Stock Exchange NASDAQ Stock Market, LLC Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None For annual reports, indicate by check mark the information filed with this Form: Annual information form Audited annual financial statements Indicate the number of outstanding shares of each of the Registrant's classes of capital or common stock as of the close of the period covered by this annual report. The Registrant had 521,172,271 Common Shares outstanding as at February 29, 2016. Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the Registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit and post such files). Yes No A. Disclosure Controls and Procedures Disclosure controls and procedures are defined by the Securities and Exchange Commission (the \"Commission\") as those controls and other procedures that are designed to ensure that information required to be disclosed by the Registrant in reports filed or submitted by it under the Securities Exchange Act of 1934, as amended (the \"Exchange Act\"), is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms. The Registrant's Chief Executive Officer and Chief Financial Officer have evaluated the Registrant's disclosure controls and procedures as of the end of the period covered by this Annual Report and have determined that such disclosure controls and procedures were effective. A discussion of the Registrant's disclosure controls and procedures can be found in its Management's Discussion and Analysis of Financial Condition and Results of Operations for the fiscal year ended February 29, 2016, included in Exhibit 1.3 to this Annual Report, under the heading \"Disclosure Controls and Procedures and Internal Controls - Disclosure Controls and Procedures\". B. Management's Annual Report on Internal Control Over Financial Reporting On October 30, 2015 and September 22, 2015, the Registrant completed the acquisition of Good Technology Corporation and AtHoc, Inc., respectively, which are included in the fiscal 2016 consolidated financial statements of the Registrant and constituted 19% and 23% of total and net assets, respectively, as of February 29, 2016, and 3% and 13% of revenues and net income before tax, respectively, for the year then ended. In conducting their evaluation of the effectiveness of the Registrant's internal controls over financial reporting (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act), management has excluded Good Technology Corporation and AtHoc, Inc. from its assessment of internal controls over financial reporting as of February 29, 2016 because they were acquired by the Registrant during fiscal 2016. See Management's Discussion and Analysis of Financial Condition and Results of Operations for the fiscal year ended February 29, 2016, included in Exhibit 1.3 to this Annual Report, under the heading \"Disclosure Controls and Procedures and Internal Controls - Management's Report on Internal Control Over Financial Reporting\". C. Attestation Report of the Registered Public Accounting Firm The attestation report of Ernst & Young LLP (\"EY\") is included in EY's report, dated April 1, 2016, to the shareholders of the Registrant, which accompanies the Registrant's audited consolidated financial statements for the fiscal year ended February 29, 2016, filed as Exhibit 1.2 to this Annual Report. EY's audit of internal control over financial reporting of the Registrant also did not include an evaluation of the internal control over financial reporting of Good Technology Corporation and AtHoc, Inc. D. Changes in Internal Control Over Financial Reporting See Management's Discussion and Analysis of Financial Condition and Results of Operations for the fiscal year ended February 29, 2016, included in Exhibit 1.3 to this Annual Report, under the heading \"Disclosure Controls and Procedures and Internal Controls - Changes in Internal Control Over Financial Reporting\". E. Notice of Pension Fund Blackout Period The Registrant was not required by Rule 104 of Regulation BTR to send any notice to any of its directors or executive officers during the fiscal year ended February 29, 2016. F. Audit Committee Financial Expert The Registrant's Board of Directors has determined that Barbara Stymiest, an individual serving on the Audit and Risk Management Committee of the Registrant's Board of Directors, is an audit committee financial expert, within the meaning of General Instruction B(8)(b) of Form 40-F. The Commission has indicated that the designation of a person as an audit committee financial expert does not make such person an \"expert\" for any purpose, impose any duties, obligations or liability on such person that are greater than those imposed on members of the Audit and Risk Management Committee and the Board of Directors who do not carry this designation or affect the duties, obligations or liability of any other member of the Audit and Risk Management Committee or Board of Directors. G. Code of Ethics The Registrant's Board of Directors has adopted a code of ethics (the \"Code\") that applies to all directors, officers and employees. A copy of the Code may be obtained at www.blackberry.com. The Registrant will provide a copy of the Code without charge to any person that requests a copy by contacting the Corporate Secretary at the address that appears on the cover of this Annual Report on Form 40-F. H. Principal Accountant Fees and Services Audit Fees The aggregate fees billed by EY, the Company's independent auditor, for the fiscal years ended February 29, 2016 and February 28, 2015, respectively, for professional services rendered by EY for the audit of the Company's annual financial statements or services that are normally provided by EY in connection with statutory and regulatory filings or engagements for such fiscal years were $2,567,933 and $3,458,051, respectively. Audit-Related Fees The aggregate fees billed by EY for the fiscal years ended February 29, 2016 and February 28, 2015, respectively, for assurance and related services rendered by EY that are reasonably related to the performance of the audit or review of the Company's financial statements and are not reported above as audit fees were $13,042 and $33,785, respectively. Professional services provided included procedures related to the audit of new systems implemented. Tax Fees The aggregate fees billed by EY for the fiscal years ended February 29, 2016 and February 28, 2015, respectively, for professional services rendered by EY for tax compliance, tax advice, tax planning and other services were $36,180 and $9,432, respectively. Tax services provided included international tax compliance engagements. All Other Fees The aggregate fees billed by EY for the fiscal years ended February 29, 2016 and February 28, 2015, respectively, for professional services rendered by EY for acquisition related due diligence were $422,200 and nil, respectively. Audit Committee Pre-Approval Policies and Procedures Since the enactment of the Sarbanes-Oxley Act of 2002 on July 30, 2002, all audit and non-audit services performed by the Registrant's outside auditors are pre-approved by the Audit and Risk Management Committee of the Registrant. I. Off-Balance Sheet Arrangements The Registrant is not a party to any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors. J. Tabular Disclosure of Contractual Obligations Tabular disclosure of the Registrant's contractual obligations can be found in its Management's Discussion and Analysis of Financial Condition and Results of Operations for the fiscal year ended February 29, 2016, included in Exhibit No. 1.3 to this Annual Report, under the heading \"Financial Condition - Aggregate Contractual Obligations\". K. Identification of Audit Committee The Registrant has an Audit and Risk Management Committee comprised of four individuals: Barbara Stymiest (Chair), Timothy Dattels, Dr. Laurie Smaldone Alsup and the Hon. Wayne Wouters. Each of the members of the Audit and Risk Management Committee is independent as that term is defined by the rules and regulations of the Nasdaq Stock Market, Inc. (\"Nasdaq\"). L. Critical Accounting Estimates A discussion of the Registrant's critical accounting estimates can be found in its Management's Discussion and Analysis of Financial Condition and Results of Operations for the fiscal year ended February 29, 2016, included in Exhibit No. 1.3 to this Annual Report, under the heading \"Accounting Policies and Critical Accounting Estimates - Critical Accounting Estimates\". M. Nasdaq Exemptions On November 5, 2002, the Registrant requested an exemption from Nasdaq's quorum requirements (which provide that a quorum for a shareholder meeting of a Nasdaq-listed company must be at least 33-1/3% of the outstanding common shares of the company) on the basis that such requirements were contrary to generally accepted business practices in Canada. The Registrant's by-laws provide that the quorum requirements for the transaction of business at any meeting of shareholders shall be two persons present in person, each being a shareholder entitled to vote thereat or a duly appointed proxyholder or representative for a shareholder so entitled, holding or representing not less than 20% of the issued shares of the Registrant, of the class or classes respectively (if there is more than one class of shares outstanding at the time), enjoying voting rights at such meeting. The Registrant's quorum requirements comply with the requirements of the Business Corporations Act (Ontario) and are consistent with the quorum requirements of other Canadian public companies. On November 25, 2002, based on the Registrant's representations, Nasdaq granted the requested exemption. N. Interactive Data File The Registrant has submitted to the Commission, included in Exhibit 101 to this Annual Report, an Interactive Data File. O. Mine Safety The Registrant is not currently required to disclose the information required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. UNDERTAKING AND CONSENT TO SERVICE OF PROCESS A. Undertaking The Registrant undertakes to make available, in person or by telephone, representatives to respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so by the Commission staff, information relating to the securities in relation to which the obligation to file an annual report on Form 40-F arises or transactions in said securities. B. Consent to Service of Process The Registrant has previously filed with the Commission a Form F-X in connection with its Common Shares, as amended on Form F-X/A filed with the Commission on June 1, 2015. SIGNATURE Pursuant to the requirements of the Exchange Act, the Registrant certifies that it meets all of the requirements for filing on Form 40-F and has duly caused this annual report to be signed on its behalf by the undersigned, thereto duly authorized. BLACKBERRY LIMITED Date: April 1, 2016 By: Name: Title: /s/ James Yersh James Yersh Chief Financial Officer EXHIBIT INDEX Exhibit No. Document 1.1 Annual Information Form for the fiscal year ended February 29, 2016, dated April 1, 2016. 1.2 Audited Consolidated Financial Statements for the fiscal year ended February 29, 2016, prepared in accordance with U.S. generally accepted accounting principles. 1.3 Management's Discussion and Analysis of Financial Condition and Results of Operations for the fiscal year ended February 29, 2016. 23.1 Consent of Ernst & Young LLP. 31.1 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the SarbanesOxley Act of 2002. 32.1 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the SarbanesOxley Act of 2002. 101 Interactive Data File. Table of Contents BLACKBERRY LIMITED 2200 University Avenue East Waterloo, Ontario Canada N2K 0A7 Annual Information Form For the fiscal year ended February 29, 2016 DATE: April 1, 2016 1 Table of Contents TABLE OF CONTENTS CERTAIN INTERPRETATION MATTERS 3 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 3 CORPORATE STRUCTURE 4 4 4 THE COMPANY INTER-CORPORATE RELATIONSHIPS GENERAL DEVELOPMENT OF THE BUSINESS 4 NARRATIVE DESCRIPTION OF THE BUSINESS 7 OVERVIEW THE MOBILE COMMUNICATIONS INDUSTRY STRATEGY PRODUCTS AND SERVICES SALES, MARKETING, DISTRIBUTION AND CUSTOMERS COMPETITION PRODUCT DESIGN, ENGINEERING AND RESEARCH & DEVELOPMENT THIRD PARTY SOFTWARE DEVELOPERS INTELLECTUAL PROPERTY PRODUCTION INDUSTRY ASSOCIATIONS REGULATORY MATTERS ENVIRONMENTAL REGULATIONS AND COSTS CORPORATE RESPONSIBILITY EMPLOYEES FACILITIES 7 7 7 10 12 13 14 15 15 16 16 16 17 17 17 17 LEGAL PROCEEDINGS 17 ENTERPRISE RISK MANAGEMENT 18 RISK FACTORS 19 DIVIDEND POLICY AND RECORD 35 DESCRIPTION OF CAPITAL STRUCTURE 35 35 36 36 36 COMMON SHARES CLASS A COMMON SHARES PREFERRED SHARES CONVERTIBLE DEBENTURES MARKET FOR SECURITIES OF THE COMPANY 39 NORMAL COURSE ISSUER BID 40 DIRECTORS AND EXECUTIVE OFFICERS AUDIT AND RISK MANAGEMENT COMMITTEE 40 42 43 43 INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS 45 TRANSFER AGENTS AND REGISTRARS 45 MATERIAL CONTRACTS 45 INTERESTS OF EXPERTS 45 ADDITIONAL INFORMATION 45 APPENDIX A - CHARTER OF THE AUDIT AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF DIRECTORS 46 CEASE TRADE ORDERS, BANKRUPTCIES, PENALTIES OR SANCTIONS CONFLICTS OF INTEREST 2 Table of Contents ANNUAL INFORMATION FORM CERTAIN INTERPRETATION MATTERS Unless the context otherwise requires, all references to the \"Company\" and \"BlackBerry\" include BlackBerry Limited (formerly, Research In Motion Limited) and its subsidiaries. All dollar references, unless otherwise noted, are in United States dollars. BlackBerry, BBM, QNX, Good and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the United States and countries around the world. All other trademarks are the property of their respective owners. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Information Form (\"AIF\") contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements relating to: the Company's plans, strategies and objectives, including the anticipated benefits of its strategic initiatives described below, and the anticipated opportunities and challenges for the Company in fiscal 2017; the Company's expectations regarding anticipated demand for, and the timing of, new product and service offerings, and the Company's plans and expectations relating to its existing and new product and service offerings, including BlackBerry Enterprise Service (\"BES\") 12, the Good Secure EMM Suites, BlackBerry smartphones, and the cloudbased BlackBerry Internet of Things platform (the \"BlackBerry IoT Platform\"), including software products offered by the Company's wholly-owned subsidiary, QNX Software Systems Limited (\"QNX\"); the Company's expectations regarding the generation of revenue from its software, services and other technologies, including subscription-based licensing, as well as its expectations regarding the ability of such revenues to offset declining service access fees; and the Company's expectations regarding implementing a new enterprise resource planning software system. The words \"expect\

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