Financial Disclosure and Valuation




NEW ZEALAND GAZETTE

1 SEPTEMBER

2565

Horowhenua Energy Limited Line Business – Disclosure 1999

ODV valuation

The Optimised Deprival Value (ODV) of the network was assessed by KPMG Peat Marwick as at 1 April 1998.

KPMG Logo

KPMG

Office address
KPMG Centre
135 Victoria Street
Wellington
New Zealand

Mail address
P.O. Box 996
Wellington
New Zealand

Telephone: (04) 382-8800
Fax: (All Depts) (04) 802-1224
Fax: Assurance (04) 802-1233
Fax: BAS (04) 802-1238
Fax: Tax (04) 802-1263
Fax: Consulting (04) 802-1225
Fax: FAS (04) 802-1710


CERTIFICATION BY AUDITOR IN RELATION TO ODV VALUATION

Horowhenua Energy Limited
(trading as “Electra”)

I have examined the valuation report of Horowhenua Energy Limited, initially prepared by KPMG and updated as at June 1999, which contains valuations of system fixed assets as at 31 March 1998 amounting to $65,296,332 and a subsequent disposal of customer related assets valued at $4,851,916.

I hereby certify that, having made reasonable enquiry, to the best of my knowledge, the ODV valuations contained in the report, including total valuation of system fixed assets of $60,444,416, have been made in accordance with the ODV handbook.

Signature

Ross J Buckley
Partner

2 June 1999



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VUW Te Waharoa PDF NZ Gazette 1999, No 107


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✨ LLM interpretation of page content

🏭 Certification of Financial Performance Measures by Auditors (continued from previous page)

🏭 Trade, Customs & Industry
28 May 1999
Electricity, Financial Disclosure, Performance Measures, Auditors Certification, Horowhenua Energy Limited

🏭 ODV Valuation Report by KPMG

🏭 Trade, Customs & Industry
Optimised Deprival Value, Network Valuation, KPMG, Horowhenua Energy Limited

🏭 Certification of ODV Valuation by Auditor

🏭 Trade, Customs & Industry
2 June 1999
Auditor Certification, Financial Valuation, System Fixed Assets, Horowhenua Energy Limited
  • Ross J Buckley, Partner