New Zealand Gazette – 1999 – No. 194

Page 4649

✨ Audit Report



17 DECEMBER NEW ZEALAND GAZETTE 4649

Audit New Zealand

AUDITOR’S REPORT
TO THE READERS OF THE FINANCIAL STATEMENTS
OF NELSON ELECTRICITY LIMITED

We have audited the accompanying financial statements of Nelson Electricity Limited. The financial statements provide information about the past financial performance of Nelson Electricity Limited and it financial position as at 31 March 1999. This information is stated in accordance with the accounting policies set out on page 4.

Directors’ Responsibilities

The Electricity (Information Disclosure) Regulations 1999 require the Directors to prepare financial statements which give a true and fair view of the financial position of Nelson Electricity Limited as at 31 March 1999 and the results of its operations and cash flows for the year then ended.

Auditor’s Responsibilities

It is the responsibility of the Audit Office to express an independent opinion on the financial statements presented by the Directors and report its opinion to you.

The Controller and Auditor-General has appointed K J Boddy, of Audit New Zealand, to undertake the audit.

Basis of Opinion

An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial statements and performance information. It also includes assessing:

  • the significant estimates and judgements made by the Board in the preparation of the financial statements; and

  • whether the accounting policies are appropriate to Nelson Electricity Limited circumstances, consistently applied and adequately disclosed.

We conducted our audit in accordance with generally accepted auditing standards in New Zealand. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary. We obtained sufficient evidence to give reasonable assurance that the financial statements are free from material misstatements, whether caused by fraud or error. In forming our opinion, we also evaluated the overall adequacy of the presentation of information in the financial statements.

Other than in our capacity as auditor, acting on behalf of the Controller and Auditor-General, we have no relationship with or interests in Nelson Electricity Limited.



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1999, No 194


NZLII — PDF NZ Gazette 1999, No 194




✨ LLM interpretation of page content

🏭 Nelson Electricity Limited Financial Performance (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Audit Report, Accounting Policies, Electricity (Information Disclosure) Regulations 1999, Nelson Electricity Limited
  • K J Boddy, of Audit New Zealand