First Data 2008 Annual Report Download - page 31

• complying with foreign regulatory requirements;
• fluctuations in currency exchange rates;
• enforcement of intellectual property rights in some foreign countries;
• difficulty entering new foreign markets due to, among other things, customer acceptance and business knowledge of these new markets; and
• general economic and political conditions.
The process of integrating operations could cause an interruption of, or loss of momentum in, the activities of one or more of the Company's combined
businesses and the possible loss of key personnel. The diversion of management's attention and any delays or difficulties encountered in connection with
acquisitions and the integration of the two companies' operations could have an adverse effect on the Company's business, results of operations, financial
condition or prospects.
ITEM 1B. UNRESOLVED STAFF COMMENTS.
None.
ITEM 2. PROPERTIES
As of December 31, 2008, the Company and its subsidiaries owned or leased approximately 102 domestic properties and approximately 67 international
properties. These facilities are used for operational, sales and administrative purposes, and are all currently being utilized.
Leased Facilities Owned Facilities
No. Sq. Ft. No. Sq. Ft.
Facilities in the United States
Merchant Services 38 939,060 3 377,280
Financial Services 33 1,066,495 15 2,006,873
Prepaid Services 4 48,118 — —
Integrated Payment Systems 1 30,022 — —
All Other and Corporate 6 650,173 2 125,369
International Facilities
Financial Services 1 2,250 — —
International 56 1,005,961 10 557,454
Integrated Payment Systems has principal operations in Englewood, Colorado. Merchant Services' principal operations are conducted in Melville, New
York; Hagerstown, Maryland; Coral Springs, Florida; Kennesaw and Marietta, Georgia; and Moorpark and Roseville, California. The principal operations for
Financial Services are located in Omaha, Nebraska; Wilmington, Delaware; Coral Springs and Maitland, Florida; Houston, Texas; Macon, Georgia; and
Chesapeake, Virginia. The principal operations for International are located in Basildon, United Kingdom; Frankfurt, Germany; Athens (Kryoneri), Greece;
Sydney, Australia; Vienna, Austria; and Buenos Aires, Argentina. The Company's All Other and Corporate facilities include Atlanta, Georgia; and the
Company's corporate offices in Greenwood Village, Colorado.
The Company believes that its facilities are suitable and adequate for its current business; however, the Company periodically reviews its space
requirements and may acquire new space to meet the needs of its businesses or consolidate and dispose of or sublet facilities which are no longer required.
ITEM 3. LEGAL PROCEEDINGS
From time to time, the Company is involved in various litigation matters arising in the ordinary course of its business. None of these matters, either
individually or in the aggregate, currently is material to the Company except the matters reported below.
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