New Zealand Gazette – 2001 – No. 163

Page 3962

✨ Auditors' Report on ODV Valuation

3962 NEW ZEALAND GAZETTE No. 163

PRICEWATERHOUSECOOPERS

PricewaterhouseCoopers
113-119 The Terrace
PO Box 243
Wellington
New Zealand
Telephone +64 (04) 462 7000
Facsimile +64 (04) 462 7001

Auditors' Opinion in relation to the ODV Valuation of Transpower New Zealand Limited as at 30 June 2001

We have examined* the ODV valuation report of Transpower New Zealand Limited at 30 June 2001 and dated 28 November 2001, which contains valuations of system fixed assets as at 30 June 2001.

In our opinion, having made all reasonable enquiry, to the best of our knowledge, the valuations contained in the report, including the total valuation of the system fixed assets of $1,979,000,000, have been made in accordance with the ODV Handbook.

Signature

Timothy J Fairhall
On behalf of the Controller and Auditor General
Wellington, New Zealand
28 November 2001

PricewaterhouseCoopers

*Explanatory Note

The ODV valuation of Transpower New Zealand Limited’s system fixed assets as at 30 June 2001 was prepared by Transpower New Zealand Limited and independently reviewed by The LEK Partnership. The LEK Partnership 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 the LEK Partnership for the purposes of our examination of the ODV valuation report.

VUW Te Waharoa — NZ Gazette 2001, No 163

Gazette.govt.nz — NZ Gazette 2001, No 163

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✨ LLM interpretation of page content

🏭 Auditors' Opinion on Transpower New Zealand Limited ODV Valuation (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated28 November 2001
KeywordsElectricity, ODV Valuation, Transpower, Auditors' Report, PricewaterhouseCoopers
👩‍💼 Officials

Timothy J Fairhall, On behalf of the Controller and Auditor General

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