New Zealand Gazette – 1999 – No. 125

Page 2993

✨ Electricity Valuation Certification



17 SEPTEMBER
NEW ZEALAND GAZETTE
2993

FORM 7: CERTIFICATION OF VALUATION REPORT OF LINE OWNERS

We, Philip Michael Smith and Donald George Bacon, directors of UnitedNetworks Limited certify that, having made all reasonable enquiry, to the best of our knowledge -

(a) The attached valuation report of UnitedNetworks, prepared for the purposes of the Electricity (Information Disclosure) Regulations 1999, complies with the requirements of those regulations; and

(b) The Optimised Depreciated Replacement Cost of the line business system fixed asset of UnitedNetworks Limited is $1,018.8 million; and

(c) The Optimised Deprival Valuation of the line business system fixed assets of UnitedNetworks Limited is $1,018.3 million; and

(d) The valuation of the line business assets of UnitedNetworks Limited, including system and non-system fixed assets and net working capital, is $1,002.8 million; and

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

These valuations are as at 31 March 1999.

P.M. Smith
Director

27 August 1999
Date

D.G. Bacon
Director

27 August 1999
Date



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🏭 UnitedNetworks Limited Valuation Certification (continued from previous page)

🏭 Trade, Customs & Industry
27 August 1999
Electricity, Valuation Report, Information Disclosure, UnitedNetworks Limited, ODV Handbook
  • Philip Michael Smith, Certified valuation report
  • Donald George Bacon, Certified valuation report

  • P.M. Smith, Director
  • D.G. Bacon, Director