✨ Audit Report
AUDIT REPORT
TO THE READERS OF THE FINANCIAL STATEMENTS OF MAINPOWER NEW ZEALAND LIMITED
We have audited the financial statements on pages 1 to 10 of MainPower New Zealand Limited. The financial statements provide information about the past financial performance of MainPower New Zealand Limited and its financial position as at 31 March 2002. This information is stated in accordance with the accounting policies set out on pages 1 to 2.
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 MainPower New Zealand Limited as at 31 March 2002 and of the results of its operations and cash flows for the year then ended.
Auditors' Responsibilities
It is our responsibility to express an independent opinion on the financial statements presented by the Board of 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:
- the significant estimates and judgements made by the Directors in the preparation of the financial statements, and
- whether the accounting policies are appropriate to MainPower New Zealand 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 and the provision of financial advice, we have no relationship with or interests in MainPower New Zealand Limited.
Unqualified Opinion
We have obtained all the information and explanations we have required.
In our opinion:
- proper accounting records have been maintained by MainPower New Zealand Limited as far as appears from our examination of those records; and
- the financial statements on pages 1 to 10:
- comply with generally accepted accounting practice; and
- give a true and fair view of the financial position of MainPower New Zealand Limited as at 31 March 2002 and the results of its operations and cash flows for the year then ended; and
- comply with the Electricity (Information Disclosure) Regulations 1999.
Our audit was completed on 29 July 2002 and our unqualified opinion is expressed as at that date.
Deloitte Touche Tohmatsu
Chartered Accountants
Christchurch, New Zealand.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 99
Gazette.govt.nz —
NZ Gazette 2002, No 99
✨ LLM interpretation of page content
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Audit Report for MainPower New Zealand Limited
(continued from previous page)
🌾 Primary Industries & Resources29 July 2002
Audit, Financial Statements, MainPower New Zealand Limited, Electricity
- Deloitte Touche Tohmatsu