Audit Report




25 AUGUST NEW ZEALAND GAZETTE 2715

Audit New Zealand

REPORT OF THE AUDIT OFFICE

TO THE READERS OF THE FINANCIAL STATEMENTS OF

HAWKE’S BAY NETWORK LIMITED

FOR THE YEAR ENDED 31 MARCH 2000

We have audited the financial statements of Hawke’s Bay Network Limited on pages 2 to 19. The financial statements provide information about the past financial performance of Hawke’s Bay Network Limited and its financial position as at 31 March 2000. This information is stated in accordance with the accounting policies set out on pages 5 to 7.

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 Hawke’s Bay Network Limited as at 31 March 2000, and results of 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 V F Sears, 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. It also includes assessing:

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

  • whether the accounting policies are appropriate to Hawke’s Bay Network Limited’s circumstances, consistently applied and adequately disclosed

We conducted our audit in accordance with generally accepted auditing standards, including the Auditing Standards issued by the Institute of Chartered Accountants of New Zealand. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with 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 Hawke’s Bay Network Limited.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 109


Gazette.govt.nz PDF NZ Gazette 2000, No 109





✨ LLM interpretation of page content

💰 Audit Report of Hawke’s Bay Network Limited Financial Statements

💰 Finance & Revenue
Audit, Financial statements, Hawke’s Bay Network Limited, Electricity regulations, Accounting policies
  • V F Sears, Audit New Zealand