Cash BurnBasically Blackberry paid down about $800M more on A/C payable ( net A/c Receivable and A/c
Receivable) and a another Big payment of about $243M on Intangibles.
Received about $300M.can on additional Debenture sales and Income tax of about $149M
Total cash $3.2B + dDebenture sales + Taxes = $3, 650
spent roughly ( $800 payables + Intangibles $250) = $1.050
Remaining cash 2.6B
Just rough work. the true figures will be out later on Sedar.
So the overspending was used mainly to reduce the A/c Payables.
Only my opinion