✨ Auditor Certification for Valuation




17 SEPTEMBER
NEW ZEALAND GAZETTE
2991

FORM 3 : CERTIFICATION OF AUDITOR IN RELATION TO VALUATION

We have examined the valuation report of UnitedNetworks Limited Waitemata, Valley and Kinleith networks dated 10 July 1998 (which is based on the Coopers & Lybrand valuation as at 31 March 1997, adjusted for changes in standard asset lives required by the second edition of the ODV Handbook dated 28 May 1998), which contains valuations of system fixed assets as at 31 March 1997.

We have examined the valuation report of the UnitedNetworks Limited Wellington network prepared by P. Hawkey of TransAlta Limited and Worley Consultants Limited on 14 August 1998 and certified by Ernst & Young on 26 August 1998, which contains valuations of system fixed assets as at 31 March 1997.

We have examined the valuation report of the UnitedNetworks Limited Tauranga, Taupo and Rotorua networks prepared by Worley Consultants Limited and certified by Price Waterhouse as at 31 March 1998, which contains valuations of systems fixed assets as at 31 March 1998.

We certify that, having made all reasonable enquiry, to the best of our knowledge, the valuations contained in the report, including the total valuation of system fixed assets of $1,018.3 million, have been made in accordance with the ODV Handbook.

Oel. He J. ude John tsu.
Deloitte Touche Tohmatsu, Chartered Accountants, Auckland, New Zealand

27 August 1999



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🏭 UnitedNetworks Limited Information Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
27 August 1999
Electricity, Information Disclosure, Regulations, UnitedNetworks Limited, Auditor Certification
  • Oel. He J. ude John tsu, Deloitte Touche Tohmatsu, Chartered Accountants