β¨ Auditor's Report
25 SEPTEMBER NEW ZEALAND GAZETTE 3817
Chartered Accountants
Ernst & Young
To the Directors
Top Energy Limited
Certification by Auditor in Relation to ODV Valuation
Auditors Report
We have examined the attached valuation report prepared by Top Energy Limited which is based on the valuation as at 31 March 1996, adjusted for changes in standard asset lives required by the second edition of the ODV Handbook dated 28 May 1998, and identifies the ODV value of the system fixed assets at $69,621,000.
We hereby certify that, having made all reasonable enquiry, to the best of our knowledge, the adjusted 31 March 1996 valuation contained in the report has in our opinion been made in accordance with the second edition of the ODV Handbook.
This report is issued for the purposes of the Electricity (Information Disclosure) Regulations 1994 and is not to be used for any other purpose without prior written consent.
Ernst & Young
Auckland
26 August 1998
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VUW Te Waharoa —
NZ Gazette 1998, No 158
NZLII —
NZ Gazette 1998, No 158
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Certification by Auditor in Relation to ODV Valuation for Top Energy Limited
(continued from previous page)
π° Finance & Revenue26 August 1998
Auditor's Report, ODV Valuation, Top Energy Limited, Financial Compliance, Electricity (Information Disclosure) Regulations 1994
- Ernst & Young, Chartered Accountants