New Zealand Gazette – 2003 – No. 115

Page 3123

✨ Electricity Information Disclosure

POWERCO LIMITED

ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1999 AND ELECTRICITY (INFORMATION DISCLOSURE) AMENDMENT REGULATIONS 2000 AND 2001

CERTIFICATION OF VALUATION REPORT OF LINE OWNERS

We, Barry Raymond Upson, director and Steven Ronald Boulton, principal of Powerco Limited certify that, having made all reasonable enquiry, to the best of our knowledge -

(a) The attached valuation report of Powerco Limited, prepared for the purposes of regulation 20 of the Electricity (Information Disclosure) Regulations 1999 and the Electricity (Information Disclosure) Amendment Regulations 2000 and 2001, complies with the requirements of those regulations; and

(b) The replacement cost of the line business system fixed assets of Powerco Limited is $1,308,425,222; and

(d) The optimised depreciated replacement cost of the line business system fixed assets of Powerco Limited is $703,268,496; and

(e) The optimised deprival valuation of the line business system fixed assets of Powerco Limited is $703,268,496; and

(f) The values in (b) through (e) have been prepared in accordance with the ODV handbook.

These valuations are based on the audited valuation of system fixed assets as at 31 March 2001, adjusted for subsequent movements in asset values.

Signature 1

Barry Raymond Upson

Signature 2

Steven Ronald Boulton

Date: 21st August 2003

VUW Te Waharoa — NZ Gazette 2003, No 115

Gazette.govt.nz — NZ Gazette 2003, No 115

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Powerco Limited Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated21 August 2003
KeywordsElectricity, Information Disclosure, Regulations, Powerco Limited, Statutory Declaration
👱🏽 Names

Barry Raymond Upson (Director), Certified valuation report
Steven Ronald Boulton (Principal), Certified valuation report

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