Total System Services (TSS) 8-K Results of Operations and Financial Condition

Exhibit 99.1

Total System Services, Inc. One TSYS Way P.O. Box 2567 Columbus, GA 31902-2567 +1.706.649.2307     +1.706.649.5740     www.tsys.com    

For immediate release:

Contacts:

Shawn Roberts

TSYS Investor Relations

+1.706.644.6081

shawnroberts@tsys.com

TSYS Reports Second Quarter 2014 Total Revenues Increased 30.4%

Adjusted Earnings Per Share increased 19.8%

COLUMBUS, Ga., July 22, 2014 — TSYS (NYSE: TSS) today reported results for the second quarter of 2014.

Total revenues for the quarter were $602.0 million, an increase of 30.4%. Revenues before reimbursable items were $538.1 million, an increase of 34.2%. Adjusted EBITDA was $170.9 million, an increase of 22.0%. Income from continuing operations was $59.8 million. Adjusted earnings per share (EPS) from continuing operations were $0.45, an increase of 19.8%. On a GAAP basis, basic and diluted EPS from continuing operations were $0.32.

Total revenues year-to-date were $1.2 billion, an increase of 31.2%. Revenues before reimbursable items were $1.1 billion, an increase of 35.7%. Adjusted EBITDA was $320.5 million, an increase of 21.6%. Income from continuing operations was $109.1 million. Adjusted EPS from continuing operations was $0.83, an increase of 9.2%. On a GAAP basis, basic and diluted EPS from continuing operations were $0.58.

“We set another milestone this quarter with total revenues of over $600 million for the first time in TSYS’ history. It was an outstanding quarter with our consolidated adjusted operating margin improving 357 basis points over the first quarter to 24.94%,” said Philip W. Tomlinson, chairman and chief executive officer of TSYS.

“Year to date, our free cash flow was $133.7 million, an increase of $54.9 million, or 69.6% over last year. During the quarter, we deployed $115.7 million of our capital by repurchasing 3.7 million shares,” added Tomlinson.

1

TSYS Reports Second Quarter 2014 Total Revenues Increased 30.4%/p.2

Also during the quarter, TSYS announced that Phil Tomlinson will retire as chief executive officer and that M. Troy Woods has been elected by the TSYS board of directors as president and chief executive officer, effective July 31, 2014. Tomlinson will continue to serve as executive chairman of the board of TSYS until the 2015 Annual Shareholders’ Meeting.

“I am honored to have been chosen to carry the torch at this exciting time in our history. All of us here at TSYS are stewards of the tremendous business and cultural legacy we have been given. I feel particularly accountable for making sure we build on our strong foundation, grow this company and achieve our vision of being the leading global payment solutions provider,” stated Woods.

Conference Call

TSYS will host its quarterly conference call at 5:00 p.m. ET on Tuesday, July 22. The conference call can be accessed via simultaneous Internet broadcast attsys.com by clicking on the link under “Webcasts” on the main homepage. The replay will be archived for 12 months and will be available approximately 30 minutes after the completion of the call. A slide presentation to accompany the call will be available by clicking on the link under “Webcasts” on the main homepage oftsys.com.

Non-GAAP Measures

This press release contains information prepared in conformity with GAAP as well as non-GAAP information. It is management’s intent to provide non-GAAP financial information to enhance understanding of its consolidated financial information as prepared in accordance with GAAP. This non-GAAP information should be considered by the reader in addition to, but not instead of, the financial statements prepared in accordance with GAAP. Each non-GAAP financial measure and the most directly comparable GAAP financial measure are presented so as not to imply that more emphasis should be placed on the non-GAAP measure. The non-GAAP financial information presented may be determined or calculated differently by other companies.

Additional information about non-GAAP financial measures, including, but not limited to, adjusted EBITDA and adjusted EPS, and a reconciliation of those measures to the most directly comparable GAAP measures are included on pages 12 to 14 of this release.

About TSYS

At TSYS^® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief “People-Centered Payments^®.” By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend^®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2013 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.

2

TSYS Reports Second Quarter 2014 Total Revenues Increased 30.4%/p.3

Forward-Looking Statements

This press release contains “forward-looking statements” – that is, statements related to future, not past, events. Forward-looking statements often address our expected future business and financial performance and often contain words such as “expect,” “anticipate,” “intend,” “believe,” “should,” “plan,” “potential,” “will,” “could,” and similar expressions. These statements are based on the current beliefs and expectations of TSYS’ management, are based on management’s assumptions and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by the forward-looking statements. A number of important factors could cause actual results or events to differ materially from those contemplated by our forward-looking statements in this press release. Many of these factors are beyond TSYS’ ability to control or predict. These factors include, but are not limited to, the risks described in TSYS’ filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise.

— more —

3

TSYS Announces Second Quarter 2014 Earnings

Page 4 of 14

TSYS

Financial Highlights

(unaudited)

(in thousands, except per share data)

	Three Months Ended June 30,									Six Months Ended June 30,
	2014			2013			Percent Change			2014			2013			Percent Change
Total revenues	$	602,036			461,860			30.4	%	$	1,194,883			910,651			31.2	%
Cost of services		416,489			301,627			38.1			839,372			605,996			38.5
Selling, general and administrative expenses		85,602			64,345			33.0			173,616			130,765			32.8
Merger and acquisition expenses		1,182			1,246			(5.1	)		2,435			4,727			(48.5	)
Operating income		98,763			94,642			4.4			179,460			169,163			6.1
Nonoperating income (expenses)		(899	)		(590	)		(52.4	)		(1,223	)		413			nm
Merger and acquisition expenses - bridge loan facility & other financing		(9,486	)		(6,934	)		(36.8	)		(18,975	)		(9,677	)		(96.1	)
Income before income taxes, noncontrolling interests and equity in income of equity investments		88,378			87,118			1.4			159,262			159,899			(0.4	)
Income taxes		30,771			29,984			2.6			55,106			47,447			16.1
Income before noncontrolling interests and equity in income of equity investments		57,607			57,134			0.8			104,156			112,452			(7.4	)
Equity in income of equity investments		3,600			2,749			31.0			7,696			6,565			17.2
Income from continuing operations, net of tax		61,207			59,883			2.2			111,852			119,017			(6.0	)
Income from discontinued operations, net of tax		50,133			678			nm			51,113			693			nm
Net income		111,340			60,561			83.8			162,965			119,710			36.1
Net income attributable to noncontrolling interests		(1,436	)		(2,845	)		49.5			(3,759	)		(4,965	)		24.3
Net income attributable to TSYS common shareholders	$	109,904			57,716			90.4	%	$	159,206			114,745			38.7	%
Basic earnings per share:
Income from continuing operations to TSYS common shareholders*	$	0.32			0.31			3.6	%	$	0.58			0.62			(5.8	)%
Gain (Loss) from discontinued operations to TSYS common shareholders*		0.27			(0.00	)		nm			0.27			(0.01	)		nm
Basic earnings per share (EPS)	$	0.59			0.31			91.8	%	$	0.85			0.61			38.9	%
Diluted earnings per share:
Income from continuing operations to TSYS common shareholders*	$	0.32			0.31			3.1	%	$	0.58			0.61			(6.2	)%
Gain (Loss) from discontinued operations to TSYS common shareholders*		0.27			(0.00	)		nm			0.26			(0.01	)		nm
Diluted EPS	$	0.58			0.31			90.7		$	0.84			0.61			38.3	%
Dividends declared per share	$	0.10			0.10					$	0.20			0.20
Amounts attributable to TSYS common shareholders:
Income from continuing operations, net of tax	$	59,771			58,096			2.9	%	$	109,092			116,000			(6.0	)%
Gain (Loss) from discontinued operations, net of tax		50,133			(380	)		nm			50,114			(1,255	)		nm
Net income	$	109,904			57,716			90.4	%	$	159,206			114,745			38.7	%
Non-GAAP measures:
Adjusted EPS from continuing operations	$	0.45			0.37			19.8	%	$	0.83			0.76			9.2	%
Adjusted EBITDA	$	170,894			140,105			22.0	%	$	320,489			263,551			21.6	%

nm = not meaningful

* EPS amounts may not total due to rounding.

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 5 of 14

TSYS

Consolidated Statements of Comprehensive Income

(unaudited)

(in thousands)

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Net income	$	111,340			60,561		$	162,965			119,710
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments as a result of discontinued operations		3,514			—			3,514			—
Foreign currency translation adjustments		3,627			(1,064	)		5,207			(13,711	)
Postretirement healthcare plan adjustments		371			155			296			310
Unrealized gain on available-for-sale securities		(612	)		—			(42	)		—
Other comprehensive income (loss)		6,900			(909	)		8,975			(13,401	)
Comprehensive income		118,240			59,652			171,940			106,309
Comprehensive income attributable to noncontrolling interests		1,152			2,455			3,979			2,922
Comprehensive income attributable to TSYS common shareholders	$	117,088			57,197		$	167,961			103,387

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 6 of 14

TSYS

Earnings Per Share

(unaudited)

(in thousands, except per share data)

	Three Months Ended June 30, 2014					Three Months Ended June 30, 2013					Six Months Ended June 30, 2014					Six Months Ended June 30, 2013
	Common Stock			Participating Securities		Common Stock			Participating Securities		Common Stock			Participating Securities		Common Stock			Participating Securities
Basic earnings per share:
Net income attributable to TSYS common shareholders	$	109,904					57,716				$	159,206					114,745
Less income allocated to nonvested awards		(1,102	)		1,102		(175	)		175		(1,633	)		1,633		(385	)		385
Net income allocated to common stock for EPS calculation (a)	$	108,802			1,102		57,541			175	$	157,573			1,633		114,360			385
Average common shares outstanding (b)		184,491			1,882		187,147			591		185,123			1,935		186,633			644
Average common shares and participating securities		186,373					187,738					187,058					187,277
Basic earnings per share (a)/(b)	$	0.59			0.59		0.31			0.30	$	0.85			0.84		0.61			0.60
Diluted earnings per share:
Net income attributable to TSYS common shareholders	$	109,904					57,716				$	159,206					114,745
Less income allocated to nonvested awards		(1,092	)		1,092		(175	)		175		(1,617	)		1,617		(382	)		382
Net income allocated to common stock for EPS calculation (c)	$	108,812			1,092		57,541			175	$	157,589			1,617		114,363			382
Average common shares outstanding		184,491			1,882		187,147			591		185,123			1,935		186,633			644
Increase due to assumed issuance of shares related to common equivalent shares outstanding		1,994					981					2,379					1,576
Average common and common equivalent shares outstanding (d)		186,485			1,882		188,128			591		187,502			1,935		188,209			644
Average common and common equivalent shares and participating securities		188,367					188,719					189,437					188,853
Diluted earnings per share (c)/(d)	$	0.58			0.58		0.31			0.30	$	0.84			0.84		0.61			0.59

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 7 of 14

TSYS

Segment Breakdown

(unaudited)

(in thousands)

	Three Months Ended June 30,												Six Months Ended June 30,
							Change												Change
	2014			2013			$			%			2014			2013			$			%
Revenues before reimbursable items
North America Services	$	233,217			214,526			18,691			8.7	%	$	457,585			420,122			37,463			8.9	%
International Services		84,732			76,626			8,106			10.6			161,505			153,013			8,492			5.5
Merchant Services		108,335			112,952			(4,617	)		(4.1	)		212,960			222,253			(9,293	)		(4.2	)
NetSpend		116,833			—			116,833			na			249,473			—			249,473			na
Intersegment revenues		(5,050	)		(3,175	)		(1,875	)		(59.1	)		(10,705	)		(6,428	)		(4,277	)		(66.5	)
Revenues before reimbursable items from external customers	$	538,067			400,929			137,138			34.2	%	$	1,070,818			788,960			281,858			35.7	%
Total revenues
North America Services	$	273,324			248,640			24,684			9.9	%	$	535,502			488,429			47,073			9.6	%
International Services		90,466			81,504			8,962			11.0			172,844			162,395			10,449			6.4
Merchant Services		128,017			136,458			(8,441	)		(6.2	)		250,707			269,359			(18,652	)		(6.9	)
NetSpend		116,833			—			116,833			na			249,473			—			249,473			na
Intersegment revenues		(6,604	)		(4,742	)		(1,862	)		(39.3	)		(13,643	)		(9,532	)		(4,111	)		(43.1	)
Revenues from external customers	$	602,036			461,860			140,176			30.4	%	$	1,194,883			910,651			284,232			31.2	%
Depreciation and amortization
North America Services	$	20,928			18,213			2,715			14.9	%	$	41,204			36,296			4,908			13.5	%
International Services		9,761			9,450			311			3.3			19,566			20,149			(583	)		(2.9	)
Merchant Services		3,567			2,998			569			19.0			6,967			6,140			827			13.5
NetSpend		1,890			—			1,890			na			3,625			—			3,625			na
Segment depreciation and amortization		36,146			30,661			5,485			17.9			71,362			62,585			8,777			14.0
Acquisition intangible amortization		24,282			7,879			16,403			nm			48,595			16,411			32,184			nm
Corporate admin and other		533			466			67			14.4			1,038			861			177			20.6
Total depreciation and amortization	$	60,961			39,006			21,955			56.3	%	$	120,995			79,857			41,138			51.5	%
Adjusted segment operating income
North America Services	$	84,578			81,318			3,260			4.0	%	$	159,155			150,066			9,089			6.1	%
International Services		11,743			7,693			4,050			52.6			16,299			14,554			1,745			12.0
Merchant Services		32,896			41,302			(8,406	)		(20.4	)		63,064			78,938			(15,874	)		(20.1	)
NetSpend		30,703			—			30,703			na			59,421			—			59,421			na
Total adjusted segment operating income		159,920			130,313			29,607			22.7			297,939			243,558			54,381			22.3
Acquisition intangible amorization		(24,282	)		(7,879	)		(16,403	)		nm			(48,595	)		(16,411	)		(32,184	)		nm
NetSpend M&A operating expenses		(1,182	)		(1,246	)		64			5.1			(2,435	)		(4,727	)		2,292			48.5
Share-based compensation		(9,988	)		(5,211	)		(4,777	)		(91.7	)		(17,599	)		(9,804	)		(7,795	)		(79.5	)
Corporate admin and other		(25,705	)		(21,335	)		(4,370	)		(20.5	)		(49,850	)		(43,453	)		(6,397	)		(14.7	)
Operating income	$	98,763			94,642			4,121			4.4	%	$	179,460			169,163			10,297			6.1	%
Other:
Reimbursable items:
North America Services	$	40,107			34,114			5,993			17.6	%	$	77,917			68,307			9,610			14.1	%
International Services		5,734			4,878			856			17.5			11,339			9,382			1,957			20.9
Merchant Services		19,682			23,506			(3,824	)		(16.3	)		37,747			47,106			(9,359	)		(19.9	)
NetSpend		—			—			—			na			—			—			—			na
Intersegment revenues		(1,554	)		(1,567	)		13			0.8			(2,938	)		(3,104	)		166			5.3
Reimbursable items	$	63,969			60,931			3,038			5.0	%	$	124,065			121,691			2,374			2.0	%

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 8 of 14

TSYS Segment Breakdown (unaudited) (in thousands)
Other:
Volumes:	At						Change
FTEs (full-time equivalents)	6/30/2014			6/30/2013			#			%
North America Services		4,673			4,252			421			9.9	%
International Services		2,382			2,287			95			4.2
Merchant Services		1,593			1,599			(6	)		(0.4	)
NetSpend		536			—			536			na
Corporate Admin and Other		594			483			111			23.0
FTEs - Continuing Operations		9,778			8,621			1,157			13.4	%
Discontinued Operations		—			91			(91	)		na
FTEs		9,778			8,712			1,066			12.2	%
	At						Change
Total assets (in thousands)	6/30/2014			12/31/2013			$			%
North America Services	$	3,258,409			3,215,333			43,076			1.3	%
International Services		356,610			417,379			(60,769	)		(14.6	)
Merchant Services		696,325			676,592			19,733			2.9
NetSpend		1,566,358			1,596,150			(29,792	)		(1.9	)
Intersegment assets		(2,199,793	)		(2,218,886	)		19,093			0.9
Total assets	$	3,677,909			3,686,568			(8,659	)		(0.2	)%

	Three Months Ended June 30,										Six Months Ended June 30,
					Change												Change
	2014		2013		Inc(Dec)			%			2014			2013			Inc(Dec)			%
North America Segment:
Accounts on File (AOF) (in millions)												510.3			430.7			79.6			18.5	%
Transactions (in millions)		2,696.7		2,235.0		461.7			20.7	%		5,024.3			4,248.4			775.9			18.3	%
International Segment:
AOF (in millions)												62.3			58.0			4.4			7.5	%
Transactions (in millions)		558.1		492.4		65.7			13.3	%		1,076.0			926.3			149.7			16.2	%
Merchant Segment:
Point-of-sale Transactions (in millions)		1,045.1		1,136.0		(90.9	)		(8.0	)%		2,027.3			2,235.1			(207.8	)		(9.3	)%
Dollar sales volume (in millions)	$	11,796.5	$	11,028.0	$	768.5			7.0	%	$	22,576.3		$	21,160.0		$	1,416.3			6.7	%
NetSpend Segment:
Gross Dollar Volume (in millions)	$	4,634.8	$	3,948.0	$	686.8			17.4	%	$	11,202.0		$	9,326.7		$	1,875.3			20.1	%
90-Day Active Cards (in thousands)												3,388.0			3,092.3			295.7			9.6
Direct Deposit 90-Day Active Cards (in thousands)												1,600.7			1,361.4			239.3			17.6
% of 90-Day Active Cards with Direct Deposit												47.2	%		44.0	%

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 9 of 14

TSYS

Balance Sheet

(unaudited)

(in thousands)

	Jun 30, 2014			Dec 31, 2013
Assets
Current assets:
Cash and cash equivalents	$	250,957			247,700
Accounts receivable, net		281,338			255,773
Deferred income tax assets		12,082			14,158
Prepaid expenses and other current assets		103,558			95,109
Current assets of discontinued operations		4,003			41,193
Total current assets		651,938			653,933
Goodwill		1,550,817			1,541,574
Other intangible assets, net		442,661			481,419
Computer software, net		353,459			363,880
Property and equipment, net		274,507			259,968
Contract acquisition costs, net		211,007			184,828
Equity investments, net		99,634			94,133
Deferred income tax assets, net		394			3,972
Other assets		93,492			87,146
Long-Term assets of discontinued operations		—			15,715
Total assets	$	3,677,909			3,686,568
Liabilities
Current liabilities:
Accounts payable	$	44,078			33,651
Current portion of borrowings		34,383			34,257
Accrued salaries and employee benefits		26,814			38,339
Current portion of obligations under capital leases		8,777			22,662
Other current liabilities		204,837			159,170
Current liabilities of discontinued operations		4,003			9,136
Total current liabilities		322,892			297,215
Long-term borrowings, excluding current portion		1,411,217			1,428,251
Deferred income tax liabilities		194,203			228,727
Obligations under capital leases, excluding current portion		7,075			7,500
Other long-term liabilities		94,858			81,600
Long-term liabilities of discontinued operations		—			1,197
Total liabilities		2,030,245			2,044,490
Redeemable noncontrolling interest		22,210			39,652
Equity
Shareholders’ equity:
Common stock		20,279			20,279
Additional paid-in capital		158,415			165,841
Accumulated other comprehensive income, net		12,504			3,749
Treasury stock		(412,669	)		(326,996	)
Retained earnings		1,839,904			1,718,204
Total shareholders’ equity		1,618,433			1,581,077
Noncontrolling interests in consolidated subsidiaries		7,021			21,349
Total equity		1,625,454			1,602,426
Total liabilities and equity	$	3,677,909			3,686,568

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 10 of 14

TSYS

Cash Flow

(unaudited)

(in thousands)

	Six Months Ended June 30,
	2014			2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	162,965			119,710
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in income of equity investments		(7,696	)		(6,565	)
Dividends received from equity investments		—			1,016
Loss (Gain) on foreign currency		1,964			(72	)
Depreciation and amortization		122,393			83,043
Amortization of debt issuance costs		906			6,315
Amortization of bond discount		190			39
Changes in fair value of private equity investments		(234	)		(1,227	)
Share-based compensation		17,599			9,804
Excess tax benefit from share-based compensation		(5,771	)		(2,040	)
Provisions for bad debt expense and billing adjustments		1,307			1,541
Charges for transaction processing provisions		2,966			7,093
Provision for fraud and other losses		21,535			—
Deferred income tax expense		(8,474	)		20,420
Loss on disposal of equipment, net		8			55
Gain on disposal of subsidiaries		(85,310	)		—
Changes in operating assets and liabilities:
Accounts receivable		(24,885	)		(8,031	)
Prepaid expenses, other current assets and other long-term assets		(16,869	)		(24,911	)
Accounts payable		3,306			(34,602	)
Accrued salaries and employee benefits		(11,506	)		(7,989	)
Other current liabilities and other long-term liabilities		65,048			(6,351	)
Net cash provided by operating activities		239,442			157,248
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment, net		(37,152	)		(13,701	)
Additions to licensed computer software from vendors		(7,729	)		(27,711	)
Additions to internally developed computer software		(21,271	)		(12,522	)
Proceeds from dispositions, net of expenses paid and cash disposed		45,049			—
Purchase of private equity investments		(813	)		(1,006	)
Additions to contract acquisition costs		(39,623	)		(24,506	)
Net cash used in investing activities		(61,539	)		(79,446	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on long-term borrowings and capital lease obligations		(34,467	)		(20,073	)
Proceeds from borrowings of long-term borrowings		—			1,095,661
Proceeds from exercise of stock options		22,284			19,449
Excess tax benefit from share-based compensation		5,771			2,040
Repurchase of common stock under plans and tax withholding		(120,848	)		(6,268	)
Debt issuance costs		—			(13,018	)
Purchase of noncontrolling interests		(37,500	)		—
Subsidiary dividends paid to noncontrolling shareholders		(5,182	)		(4,139	)
Dividends paid on common stock		(37,633	)		(18,758	)
Net cash (used in) provided by financing activities		(207,575	)		1,054,894
CASH AND CASH EQUIVALENTS:
Effect of exchange rate changes on cash and cash equivalents		2,399			(6,099	)
Net (decrease) increase in cash and cash equivalents		(27,273	)		1,126,597
Cash and cash equivalents at beginning of period		278,230			247,612
Cash and cash equivalents at end of period		250,957			1,374,209
Less cash and cash equivalents of discontinued operations at end of period		—			25,234
Cash and cash equivalents of continuing operations at end of period	$	250,957			1,348,975

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 11 of 14

Supplemental Information:

	Accounts on File
	Total
(in millions)	June 2014		June 2013		% Change
Consumer Credit		246.5		208.5		18.2
Retail		27.9		25.9		8.0
Total Consumer		274.4		234.4		17.1
Commercial		40.4		38.6		4.9
Other		20.4		15.3		32.7
Subtotal		335.2		288.3		16.3
Prepaid/Stored Value		117.7		102.8		14.4
Government Services		65.6		60.6		8.4
Commercial Card Single Use		54.2		37.0		46.4
Total AOF		572.7		488.7		17.2

Growth in Accounts on File(in millions):

	June 2013 to June 2014			June 2012 to June 2013
Beginning balance		488.7			440.1
Change in accounts on file due to:
Internal growth of existing clients		38.4			35.2
New clients		71.9			76.1
Purges/Sales		(25.4	)		(62.7	)
Deconversions		(0.9	)		(0.0	)
Ending balance		572.7			488.7

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 12 of 14

Reconciliation of GAAP to Non-GAAP Financial Measures

Non-GAAP Measures

The schedule below provides a reconciliation of revenues and operating results on a constant currency basis to reported revenues and operating income. This non-GAAP measure presents second quarter 2014 financial results using the previous year’s foreign currency exchange rates. On a full year constant currency basis, TSYS’ total revenues grew 29.9% as compared to a reported GAAP increase of 31.2%.

The schedule below also provides a reconciliation of basic EPS, adjusted for the after-tax impact of acquisition intangible amortization, share-based compensation and merger and acquisition costs, to adjusted EPS.

The tax rate used in the calculation of adjusted EPS for the quarter and year is equal to an estimate of our annual effective tax rate on GAAP income. This effective rate is estimated annually and may be adjusted during the year to take into account events or trends that materially impact the effective tax rate including, but not limited to, significant changes resulting from tax legislation, material changes in the mix of revenues and expenses by entity and other significant events.

The schedule also provides a reconciliation of net income, adjusted for income from discontinued operations, equity in income of equity investments, income taxes, nonoperating expense, depreciation and amortization, share-based compensation, and merger and acquisition expenses, to adjusted EBITDA.

TSYS believes that non-GAAP financial measures are important to enable investors to understand and evaluate its ongoing operating results. Accordingly, TSYS includes non-GAAP financial measures when reporting its financial results to shareholders and potential investors in order to provide them with an additional tool to evaluate TSYS’ ongoing business operations. TSYS believes that the non-GAAP financial measures are representative of comparative financial performance that reflects the economic substance of TSYS’ current and ongoing business operations.

Although non-GAAP financial measures are often used to measure TSYS’ operating results and assess its financial performance, they are not necessarily comparable to similarly titled captions of other companies due to potential inconsistencies in the method of calculation.

TSYS believes that its use of non-GAAP financial measures provides investors with the same key financial performance indicators that are utilized by management to assess TSYS’ operating results, evaluate the business and make operational decisions on a prospective, going-forward basis. Hence, management provides disclosure of non-GAAP financial measures to give shareholders and potential investors an opportunity to see TSYS as viewed by management, to assess TSYS with some of the same tools that management utilizes internally and to be able to compare such information with prior periods. TSYS believes that the presentation of GAAP financial measures alone would not provide its shareholders and potential investors with the ability to appropriately analyze its ongoing operational results, and therefore expected future results. TSYS therefore believes that inclusion of non-GAAP financial measures provides investors with additional information to help them better understand its financial statements just as management utilizes these non-GAAP financial measures to better understand the business, manage budgets and allocate resources.

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 13 of 14

Reconciliation of GAAP to Non-GAAP

Constant Currency Comparison

(unaudited)

(in thousands)

	Three Months Ended June 30,							Six Months Ended June 30,
	2014		2013		Percent Change			2014		2013		Percent Change
Consolidated
Constant currency (1)	$	594,799		461,860		28.8	%	$	1,183,283		910,651		29.9	%
Foreign currency (2)		7,237		—					11,600		—
Total revenues	$	602,036		461,860		30.4	%	$	1,194,883		910,651		31.2	%
Constant currency (1)	$	531,303		400,929		32.5	%	$	1,060,005		788,960		34.4	%
Foreign currency (2)		6,764		—					10,813		—
Total revenues before reimbursable items	$	538,067		400,929		34.2	%	$	1,070,818		788,960		35.7	%
Constant currency (1)	$	95,381		94,642		0.8	%	$	173,533		169,163		2.6	%
Foreign currency (2)		3,382		—					5,927		—
Operating income	$	98,763		94,642		4.4	%	$	179,460		169,163		6.1	%
International Services
Constant currency (1)	$	83,300		81,504		2.2	%	$	161,434		162,395		(0.6	)%
Foreign currency (2)		7,166		—					11,410		—
Total revenues	$	90,466		81,504		11.0	%	$	172,844		162,395		6.4	%

(1) Reflects current period results on a non-GAAP basis as if foreign currency rates did not change from the comparable prior year period.

(2) Reflects the impact of calculated changes in foreign currency rates from the comparable period.

Revenues Before Reimbursable Items

(unaudited)

(in thousands)

	Three Months Ended June 30,							Six Months Ended June 30,
	2014		2013		Percent Change			2014		2013		Percent Change
Total revenues	$	602,036		461,860		30.4	%	$	1,194,883		910,651		31.2	%
Reimbursable items		63,969		60,931		5.0			124,065		121,691		2.0
Revenues before reimbursable items	$	538,067		400,929		34.2	%	$	1,070,818		788,960		35.7	%

- more -

TSYS Announces Second Quarter 2014 Earnings

Page 14 of 14

Reconciliation of GAAP to Non-GAAP

Adjusted Earnings per Share

(unaudited)

(in thousands, except per share data)

	Three Months Ended June 30,							Six Months Ended June 30,
	2014		2013		Percent Change			2014		2013		Percent Change
Income from continuing operations attributable to TSYS common shareholders	$	59,771		58,096		90.4	%	$	109,092		116,000		(6.0	)%
Adjust for amounts attributable to TSYS common shareholders:
Add: Acquisition intangible amortization, net of taxes	$	15,799		5,048		nm	%		31,612		10,538		nm	%
Add: Share-based compensation, net of taxes		6,584		3,573		84.3	%		11,601		6,719		72.7	%
Add: NetSpend M&A expenses, net of taxes*		1,122		3,288		(65.9	)%		2,325		8,510		(72.7	)%
Adjusted earnings	$	83,276		70,005		19.0	%	$	154,630		141,767		9.1	%
Basic EPS - Income from continuing operations attributable to TSYS common shareholders
As reported (GAAP)	$	0.32		0.31		3.6	%	$	0.58		0.62		(5.8	)%
Adjust for amounts attributable to TSYS common shareholders:
Add: Acquisition intangible amortization, net of taxes		0.08		0.03		nm	%		0.17		0.06		nm	%
Add: Share-based compensation, net of taxes		0.04		0.02		85.8	%		0.06		0.04		72.7	%
Add: NetSpend M&A expenses, net of taxes*		0.01		0.02		(65.7	)%		0.01		0.05		(72.7	)%
Adjusted EPS **	$	0.45		0.37		19.8	%	$	0.83		0.76		9.2	%
Average common shares and participating securities		186,373		187,738					187,058		187,277

* Certain merger and acquisition costs are nondeductible for income tax purposes

** Adjusted EPS amounts may not total due to rounding.

Adjusted EBITDA

(unaudited)

(in thousands)

	Three Months Ended June 30,									Six Months Ended June 30,
	2014			2013			Percent Change			2014			2013			Percent Change
Net income	$	111,340			60,561			83.8	%	$	162,965			119,710			36.1	%
Adjust for:
Deduct: Income from discontinued operations		(50,133	)		(678	)		nm	%		(51,113	)		(693	)		nm	%
Deduct: Equity in income of equity investments		(3,600	)		(2,749	)		(31.0	)%		(7,696	)		(6,565	)		(17.2	)%
Add: Income taxes		30,771			29,984			2.6	%		55,106			47,447			16.1	%
Add: Nonoperating expense		10,385			7,524			38.0	%		20,198			9,264			nm	%
Add: Depreciation and amortization		60,961			39,006			56.3	%		120,995			79,857			51.5	%
EBITDA		159,724			133,648			19.5	%		300,455			249,020			20.7	%
Adjust for:
Add: Share-based compensation		9,988			5,211			91.7	%		17,599			9,804			79.5	%
Add: NetSpend M&A operating expenses*		1,182			1,246			(5.1	)%		2,435			4,727			(48.5	)%
Adjusted EBITDA	$	170,894			140,105			22.0	%	$	320,489			263,551			21.6	%

nm = not meaningful

* Excludes share-based compensation