β¨ Energy Company Annual Report
4 SEPTEMBER NEW ZEALAND GAZETTE
Horowhenua Energy Limited Line and Energy Businesses - Annual Report 1996 Page 12
ODV VALUATION
The Optimised Deprival Value (ODV) of the network was assessed by KPMG Peat Marwick as at 31 March 1995. This report placed an ODV on network assets of $50.05 million.
KPMG Peat Marwick
Chartered Accountants
CERTIFICATION BY AUDITOR IN RELATION TO ODV VALUATION
HOROWHENUA ENERGY LIMITED
TRADING AS ELECTRA
I have examined the valuation report prepared by KPMG Peat Marwick and dated 1 May 1995, which report contains valuations as at 31 March 1995.
I hereby certify that, having made all reasonable enquiry, to the best of my knowledge, the ODV valuations contained in the report have been made in accordance with the ODV Handbook.
![Signature]
ROSS BUCKLEY
Partner
12 June 1995
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VUW Te Waharoa —
NZ Gazette 1996, No 105
NZLII —
NZ Gazette 1996, No 105
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Horowhenua Energy Limited Line and Energy Businesses - Annual Report 1996
(continued from previous page)
π° Finance & Revenue12 June 1995
Energy statistics, system length, transformer capacity, electricity supply, customer interruptions, ODV valuation
- ROSS BUCKLEY, Partner, KPMG Peat Marwick