β¨ ODV Valuation Certification
NEW ZEALAND GAZETTE
No. 69
1588
ODV valuation
The Optimised Deprival Value (ODV) of the network was assessed by KPMG Peat Marwick as at 1 April 1998.
KPMG
Office address
KPMG Centre
135 Victoria Street
Wellington
New Zealand
Mail address
P.O. Box 996
Wellington
New Zealand
Telephone: (04) 382-8500
Fax: (All Depts)
(04) 802-1724
Fax: Assurance
(04) 802-1233
Fax: BAS
(04) 802-1238
Fax: Tax
(04) 802-1263
Fax: Consulting
(04) 802-1225
Fax: FAS
(04) 802-1710
CERTIFICATION BY AUDITOR IN RELATION TO ODV VALUATION
Horowhenua Energy Limited
(trading as Electralines)
We have examined the Optimised Deprival Valuation report of Electralines prepared 31 March 1998 and updated as at June 1999. Having made all reasonable enquiry, to the best of our knowledge -
a) The attached disclosure of Electralines complies with the Electricity (Information Disclosure) Regulations 1999; and
b) The Optimised Depreciated Replacement Cost of the lines business system fixed assets of Electralines is $60,444,416; and
c) The Optimised Deprival Valuation of the lines business system fixed assets of Electralines is $60,444,416; and
d) The values of (b) and (c) have been prepared in accordance with the ODV Handbook.
KPMG
25 February 1999
Offices at:
Auckland
Hamilton
Hastings
Nelson
New Plymouth
Associate Firms at:
Dunedin
Invercargill
Napier
Palmerston North
Rotorua
Taupo
Wanganui
Whangarei
Christchurch
Greymouth
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 69
Gazette.govt.nz —
NZ Gazette 2000, No 69
β¨ LLM interpretation of page content
π°
Certification of Audit Office on Performance Measures of Horowhenua Energy Limited
(continued from previous page)
π° Finance & Revenue25 February 1999
Audit, Certification, Financial Performance, Efficiency Measures, Electricity Regulations, ODV Valuation
- KPMG