✨ Valuation Report Certification




1 SEPTEMBER NEW ZEALAND GAZETTE 2567
Horowhenua Energy Limited Line Business – Disclosure 1999

CERTIFICATION OF VALUATION REPORT OF LINE OWNERS

We, Warren Thessman, Chairman, and Piers Hamid, Director, of Horowhenua Energy Limited certify that, having made all reasonable enquiry, to the best of our knowledge, -

(a.) The attached valuation report of Horowhenua Energy Limited, prepared for the purposes of the Electricity (Information Disclosure) Regulation 1999, complies with the requirements of those regulations; and

(b.) The Optimised Depreciated Replacement Cost of the line business system fixed assets of Horowhenua Energy Limited is $60,444,000; and

(c.) The Optimised Deprival Valuation of the line business system fixed assets of Horowhenua Energy Limited is $60,444,000; and

(d.) The valuation of the line business assets of Horowhenua Energy Limited including system and non-system fixed assets and net working capital is $66,666,000; and

(e.) The values in (b) and (c) have been prepared in accordance with the ODV Handbook

These valuations are as at 1 April 1998

Warren Thessman
Chairman

Piers Hamid
Director

Dated this 28th day of May 1999



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🏭 Certification of Valuation Report for Horowhenua Energy Limited

🏭 Trade, Customs & Industry
28 May 1999
Valuation Report, Line Business, Electricity Regulations, Horowhenua Energy Limited
  • Warren Thessman (Chairman), Certified valuation report
  • Piers Hamid (Director), Certified valuation report

  • Warren Thessman, Chairman
  • Piers Hamid, Director