New Zealand Gazette – 1995 – No. 100

Page 3135

✨ Electricity Valuation Certification

15 SEPTEMBER NEW ZEALAND GAZETTE 3135

CAPITAL POWER LIMITED

Electricity (Information Disclosure) Regulations 1994 Regulation 25(4)

Certification by Auditor in Relation to ODV Valuation

We have examined the valuation report prepared by Capital Power Limited and dated July 1995, which report contains valuations as at 30 June 1994.

We hereby certify that, having made all reasonable enquiry, to the best of our knowledge, the valuations contained in the report have been made in accordance with the ODV Handbook.

Coopers & Lybrand
4 August 1995

Explanatory Note

In providing this certificate we have relied on the technical expertise and advice provided to us by Worley Consultants Limited in relation to compliance of valuation with the ODV Handbook in the areas of asset replacement costs, asset lives, modern equivalent assets and optimisation.

As at the date of the valuation Capital Power Limited ("Capital Power") did not have separate audited financial statements for its electricity line business. The working capital amounts included in the ODV valuation have been determined by Capital Power. We have not audited these amounts or the underlying records from which they have been extracted.

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🌾 Capital Power Limited ODV Valuation Certification (continued from previous page)

Domain🌾 Primary Industries & Resources
Dated4 August 1995
KeywordsElectricity, Valuation, ODV Handbook, Certification, Audit
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Coopers & Lybrand

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