**U.S. Securities and Exchange Commission**

**Washington, D.C. 20549**

** **

**Form 40-F /A**

**Amendment No. 1**

 

| **o**      | ** ** | **Registration statement pursuant to section 12 of  the Securities Exchange Act of 1934**    |
|------------|------------|----------------------------------------------------------------------------------------------|
| **or**     |
| **ý** | ** ** | **Annual report pursuant to section 13(a) or 15(d)  of the Securities Exchange Act of 1934** |

 
| **For the fiscal year ended December 31, 2003** | **Commission File Number 0-25270** |
|-------------------------------------------------|------------------------------------|

 

**BallardPower Systems Inc.**

(Exact name of Registrant as specified in its charter)

 

**CANADA**

**(Province or other jurisdiction of incorporation or organization)**

 

**3261**(Primary Standard Industrial Classification Code Number (if applicable))

 

**Not applicable**(I.R.S. Employer Identification Number (if applicable))

 

**4343 North Fraser WayBurnaby, British Columbia V5J 5J9(604) 454-0900**

 

**Corporation Trust Company**

**1633 Broadway**

**New York, New York  10019**

**(212) 894-8940**

Address (including zip code) and telephone number (including area code)of agent for service in the United States)

 

Securities registered or to be registered pursuant to Section 12(b) ofthe Act.

 
| **Title of  each class** | ** ** | **Name of each exchange on which registered** |
|--------------------------|------------|-----------------------------------------------|
| Not  applicable          |       | Not Applicable                                |

 

Securities registered or to be registered pursuant to Section 12(g) ofthe Act.

**Common Shares**

 

Securities for which there is areporting obligation pursuant to Section 15(d) of the Act. 

**Non-Applicable**

 

For annual reports, indicate bycheck mark the information filed with this Form: 

 
| ý  Annual information form |   |   | o  Audited annual financial  statements |
|-------------------------------------------|--------|--------|---------------------------------------------------|

 

Indicate the number ofoutstanding shares of each of the issuer’s classes of capital or common stockas of the close of the period covered by the annual report.

 

**118,187,877 Common Shares**

 

Indicate by check mark whetherthe Registrant by filing the information contained in this Form is also therebyfurnishing the information to the Commission pursuant to Rule 12g3-2(b) underthe Securities Exchange Act of 1934 (the “Exchange Act”). If “Yes” is marked,indicate the filing number assigned to the Registrant in connection with suchRule. 

 
| Yes  o | 82-     | No  ý |
|------------------|-----------------------------|----------------------|

 

Indicate by check mark whetherthe Registrant (1) has filed all reports required to be filed by Section 13 or15(d) of the Exchange Act during the preceding 12 months (or for such shorterperiod that the Registrant was required to file such reports) and (2) has beensubject to such filing requirements for the past 90 days.

 
| Yes  ý |   | No  o |
|-----------------------|--------|-----------------|

 

 

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**Explanatory Note**

 

This AmendmentNo. 1 to the Annual Report of Ballard Power Systems Inc. (the “Company”) onForm 40-F/A for the year ended December 31, 2003 is filed herewith for the solepurpose of disclosing that pursuant to Rule 4350(a)(i) of the Nasdaq StockMarket, Inc. Marketplace Rules, Company relies on an exemption from Rule4350(h) of the Marketplace Rules, requiring that each Nasdaq-quoted companyhave in place a minimum quorum requirement for shareholder meetings of 33 1/3%of the outstanding shares of the company’s voting common stock.  The Company’s by-laws currently provide thata quorum is met if holders of at least 5% of the votes eligible to be cast at ameeting are present or represented by proxy at a shareholder meeting.  At the Company’s 2004 Annual General Meetingof Shareholders, holders of 64.99% of the common shares were present orrepresented by proxy at the meeting.

 

**Undertaking**

 

The Registrantundertakes to make available, in person or by telephone, representatives torespond 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 registered pursuant to Form 40-F/A;the securities in relation to which the obligation to file an annual report onForm 40-F/A arises; or transactions in said securities.

 

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**Signatures**

 

Pursuant to the requirements ofthe Exchange Act, the Registrant certifies that it meets all of therequirements for filing on Form 40-F/A and has duly causedthis annual report to be signed on its behalf by the undersigned, thereto dulyauthorized.

 

Registrant: Ballard PowerSystems Inc.

 
| By (Signature  and Title) | /s/Noordin  S. K. Nanji                                                       |   |
|---------------------------|-------------------------------------------------------------------------------|--------|
|                      | Noordin S.  K. Nanji                                                          |
|                      | Vice  President, Marketing & Business Development and Corporate Secretary |
|                      |                                                                          |
| Date: August  5, 2004     |                                                                          |
|                           |                                                                               |        |  |

 

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**EXHIBIT LIST**

 
| **Exhibit** | ** ** | **Description**                                                          |
|-------------|------------|--------------------------------------------------------------------------|
|        |       |                                                                     |
| 99.1        |       | Certification  pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |

 

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