QVC Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment

Property And Equipment

9 Months Ended

Sep. 30, 2011

Property And Equipment [Abstract]

Property And Equipment

NOTE 3—PROPERTY AND EQUIPMENT

The balance of property and equipment, net, is as follows (in thousands):


	September 30,			December 31,			September 30,
	2011			2010			2010
Capitalized software	$	205,536		$	211,816		$	203,526
Computer and broadcast equipment		94,515			93,284			94,171
Buildings and leasehold improvements		93,593			90,417			88,849
Furniture and other equipment		74,954			72,726			71,741
Projects in progress		10,018			3,825			6,216
Land and land improvements		10,739			10,922			10,922

		489,355			482,990			475,425
Less: accumulated depreciation and amortization		(334,697	)		(328,003	)		(322,354	)

Total property and equipment, net	$	154,658		$	154,987		$	153,071

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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