ODV Valuation and Audit Report




ODV valuation

The Optimised Deprival Value (ODV) of the network was assessed by KPMG Peat Marwick as at 31 March 2001.

KPMG Logo

KPMG

Office address:
Clarendon Tower
78 Worcester Street
Christchurch
New Zealand

Mail address:
PO Box 274
Christchurch
New Zealand

Telephone: (03) 363-5764
Fax: (03) 363-5765


AUDITORS OPINION IN RELATION TO ODV VALUATION

HOROWHENUA ENERGY LIMITED (TRADING AS “ELECTRALINES”)

I have examined the valuation report of Horowhenua Energy Limited (trading as “Electralines”) by KPMG and dated 18 May 2001, which contains valuations of system fixed assets as at 31 March 2001.

In my opinion, having made all reasonable enquiry, to the best of my knowledge, the ODV valuations contained in the report, including the total valuation of system fixed assets of $73,057,263 have been made in accordance with the ODV Handbook.

Signature

Peter Young
Partner

21 May 2001


Office at:
Auckland
Christchurch
Hamilton
Hastings
Nelson
Wellington

Associate Firms at:
Dunedin
Gisborne
Greymouth
Invercargill
Nelson
New Plymouth
Palmerston North



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 97


Gazette.govt.nz PDF NZ Gazette 2002, No 97





✨ LLM interpretation of page content

💰 Audit Report of Electra Limited (Lines Business) for the Year Ended 31 March 2002 (continued from previous page)

💰 Finance & Revenue
28 June 2002
Audit, Financial Statements, Electra Limited, Electricity, Information Disclosure Regulations

💰 ODV Valuation of Horowhenua Energy Limited

💰 Finance & Revenue
21 May 2001
Optimised Deprival Value, KPMG, Valuation Report, System Fixed Assets, Horowhenua Energy Limited
  • Peter Young, Partner, KPMG