Electricity Valuation Certification




NEW ZEALAND GAZETTE

6 SEPTEMBER


MAINPOWER NEW ZEALAND LTD

FORM 3

Electricity (Information Disclosure) Regulations 1994
Regulation 25(4)
Certification by Auditor in Relation to ODV Valuation

We have examined the valuation report prepared for MainPower New Zealand Limited by Coopers & Lybrand in conjunction with Worley Consultants Limited and dated 6 December 1994, which report contains valuations as at 1 April 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
20 March 1994


Explanatory Note

In providing this certificate we have relied on the technical expertise provided by Worley Consultants Limited in the preparation of the valuation in the areas of asset replacement costs, asset lives and optimisation.

As at the date of the valuation MainPower New Zealand Limited (“MainPower”) 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 MainPower. We have not audited these amounts or the underlying records from which they have been extracted.



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🏭 MainPower New Zealand Ltd Valuation Certification (continued from previous page)

🏭 Trade, Customs & Industry
20 March 1994
Electricity, ODV Valuation, Certification, Auditing, Asset Valuation
  • Coopers & Lybrand

🏭 Explanatory Note on MainPower Valuation

🏭 Trade, Customs & Industry
Electricity, Valuation, Financial Statements, Working Capital