KANSAS CITY SOUTHERN | 2013 | FY | 3

Property and Equipment (including Concession Assets)
The following tables list the major categories of property and equipment, including concession assets, as well as the weighted-average composite depreciation rate for each category (in millions, except percentages):
As of December 31, 2013
Cost
 
Accumulated
Depreciation
 
Net Book
Value
 
Depreciation
Rates for 2013
Land
$
216.4

 
$
—

 
$
216.4

 
N/A

Concession land rights
141.2

 
(20.9
)
 
120.3

 
1.0
%
Rail and other track material
1,617.8

 
(341.1
)
 
1,276.7

 
1.8-3.1%

Ties
1,425.1

 
(303.7
)
 
1,121.4

 
2.0-4.3%

Grading
829.6

 
(129.7
)
 
699.9

 
1.1
%
Bridges and tunnels
606.4

 
(116.5
)
 
489.9

 
1.2
%
Ballast
602.7

 
(155.2
)
 
447.5

 
2.6-4.8%

Other (a)
874.1

 
(252.8
)
 
621.3

 
2.9
%
Total road property
5,955.7

 
(1,299.0
)
 
4,656.7

 
2.7
%
Locomotives
1,017.4

 
(193.2
)
 
824.2

 
5.0
%
Freight cars
362.2

 
(78.9
)
 
283.3

 
3.9
%
Other equipment
56.6

 
(14.1
)
 
42.5

 
7.4
%
Total equipment
1,436.2

 
(286.2
)
 
1,150.0

 
4.8
%
Technology and other
152.8

 
(111.3
)
 
41.5

 
11.6
%
Construction in progress
171.4

 
—

 
171.4

 
N/A

Total property and equipment (including concession assets)
$
8,073.7

 
$
(1,717.4
)
 
$
6,356.3

 
N/A

_____________
(a)
Other includes signals, buildings and other road assets.
As of December 31, 2012
Cost
 
Accumulated
Depreciation
 
Net Book
Value
 
Depreciation
Rates for 2012
Land
$
208.9

 
$
—

 
$
208.9

 
N/A

Concession land rights
141.2

 
(19.5
)
 
121.7

 
1.0
%
Rail and other track material
1,509.9

 
(338.8
)
 
1,171.1

 
1.8-2.8%

Ties
1,343.0

 
(290.9
)
 
1,052.1

 
2.0-4.3%

Grading
827.8

 
(123.7
)
 
704.1

 
1.1
%
Bridges and tunnels
585.3

 
(110.7
)
 
474.6

 
1.3
%
Ballast
565.8

 
(137.6
)
 
428.2

 
2.6-4.8%

Other (a)
832.6

 
(232.6
)
 
600.0

 
3.1
%
Total road property
5,664.4

 
(1,234.3
)
 
4,430.1

 
2.8
%
Locomotives
728.8

 
(155.6
)
 
573.2

 
5.1
%
Freight cars
196.4

 
(75.3
)
 
121.1

 
4.5
%
Other equipment
37.4

 
(10.7
)
 
26.7

 
7.4
%
Total equipment
962.6

 
(241.6
)
 
721.0

 
5.1
%
Technology and other
148.1

 
(101.2
)
 
46.9

 
12.7
%
Construction in progress
156.2

 
—

 
156.2

 
N/A

Total property and equipment (including
concession assets)
$
7,281.4

 
$
(1,596.6
)
 
$
5,684.8

 
N/A

_____________
(a)
Other includes signals, buildings and other road assets.
Concession assets, net of accumulated amortization of $444.1 million and $402.7 million, totaled $1,951.0 million and $1,893.9 million at December 31, 2013 and 2012, respectively.
The Company capitalized $1.1 million, $0.9 million, and $1.0 million of interest for the years ended December 31, 2013, 2012, and 2011, respectively.
Depreciation and amortization of property and equipment (including concession assets) totaled $223.3 million, $198.8 million and $186.2 million, for 2013, 2012, and 2011, respectively.

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