New Zealand Gazette – 1999 – No. 190

Page 4501

✨ Audit Certification

10 DECEMBER NEW ZEALAND GAZETTE 4501

PRICEWATERHOUSECOOPERS

PricewaterhouseCoopers
113-119 The Terrace
PO Box 243
Wellington, New Zealand
Telephone +64 4 462 7000
Facsimile +64 4 462 7001

Electricity (Information Disclosure) Regulations 1999
Regulation 31(4)
Certification by Auditor in Relation to ODV Valuation

We have examined the valuation report prepared by Transpower New Zealand Limited and dated 29 November 1999, which report contains valuations of system fixed assets as at 30 June 1999.

We hereby 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 $2,089,000,000, have been made in accordance with the ODV Handbook.

![Signature]

F A Hutchings
PricewaterhouseCoopers
On behalf of the Controller and Auditor-General
Wellington, New Zealand

Explanatory Note

The ODV of Transpower New Zealand Limited's fixed assets as at 30 June 1999 was prepared by Transpower New Zealand Limited and independently reviewed by L.E.K. Consulting Pty Limited. L.E.K. Consulting Pty Limited have stated that in their opinion the process implemented by the valuation team is in accordance with the ODV handbook and is adequate to support a reasonable valuation. We have relied on this opinion and the technical expertise of L.E.K. Consulting Pty Limited for the purposes of our examination of the valuation report.

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VUW Te Waharoa — NZ Gazette 1999, No 190

NZLII — NZ Gazette 1999, No 190

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated24 November 1999
KeywordsAudit, Financial Statements, Electricity, Information Disclosure, Regulations, Transpower
👩‍💼 Officials

F A Hutchings, PricewaterhouseCoopers

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