✨ Audit Report
14 AUGUST NEW ZEALAND GAZETTE 2751
Deloitte
Touche Tohmatsu
REPORT TO THE READERS OF THE FINANCIAL STATEMENTS
OF OTAGO POWER LIMITED FOR THE YEAR ENDED 31 MARCH 2002
We have audited the accompanying financial statements of Otago Power Limited on pages 2 to 17. The financial statements provide information about the past financial performance of Otago Power Limited and its financial position as at 31 March, 2002. This information is stated in accordance with the accounting policies set out on pages 6 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 Otago Power Limited as at 31 March, 2002, and results of operations and cash flows for the year then ended.
Auditor’s Responsibilities
It is our responsibility to express an independent opinion on the financial statements presented by the Directors and report our opinion to you.
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 -
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the significant estimates and judgements made by Directors in the preparation of the financial statements; and
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whether the accounting policies are appropriate to Otago Power Limited’s 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, the provision of taxation and financial advisory services we have no relationship with or interests in Otago Power Limited.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 101
Gazette.govt.nz —
NZ Gazette 2002, No 101
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💰 Audit Report for Otago Power Limited Financial Statements
💰 Finance & RevenueAudit, Financial Statements, Otago Power Limited, Electricity, Information Disclosure, Accounting Policies
- Deloitte Touche Tohmatsu