✨ Auditor Certification




10 SEPTEMBER NEW ZEALAND GAZETTE 2769

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

The Power Company Limited

I have examined the valuation report of The Power Company Limited, initially prepared by KPMG as at July 1998, which contained a valuation of system fixed assets as at 31 March 1998 amounting to $93,903,038. This valuation has been updated as at 31 March 1999, due to the subsequent removal of customer related assets valued at $3,431,547 and the revenue growth assumptions of the model.

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 $142,912,884 have been made in accordance with the ODV handbook.

Signature

Ross Buckley
Partner

18 August 1999



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🏭 Certification of ODV Valuation for The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
18 August 1999
Auditor certification, ODV valuation, System fixed assets, Financial reporting
  • Ross Buckley (Partner), Certified ODV valuation

  • Ross Buckley, Partner