TOTAL SYSTEM SERVICES INC | 2013 | FY | 3


NOTE 9 Property and Equipment, net

Property and equipment balances as of December 31 are as follows:

 

 

 

(in thousands)    2013      2012  

Computer and other equipment

   $ 274,987         247,506   

Buildings and improvements

     242,132         232,141   

Furniture and other equipment

     131,036         125,100   

Land

     17,021         16,920   

Other

     988         2,955   
  

 

 

    

 

 

 

Total property and equipment

     666,164         624,622   

Less accumulated depreciation and amortization

     400,948         364,233   
  

 

 

    

 

 

 

Property and equipment, net

   $ 265,216         260,389   
  

 

 

    

 

 

 

 

 

Depreciation and amortization expense related to property and equipment was $48.2 million, $46.3 million and $49.3 million for the years ended December 31, 2013, 2012 and 2011, respectively.


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