Vector Valuation Certification




VECTOR

CERTIFICATION OF VALUATION REPORT OF LINE OWNERS

We, Michael Stiassny and Bryan Leyland, Directors of VECTOR Limited certify that, having made all reasonable enquiry, to the best of our knowledge—

(a) The attached valuation report of VECTOR Limited, prepared for the purposes of regulation 20 of the Electricity (Information Disclosure) Regulations 1999, complies with the requirements of that regulation; and

(b) The replacement cost of the line business system fixed assets of VECTOR Limited is $2,825,943,000; and

(c) The depreciated replacement cost of the line business system fixed assets of VECTOR Limited is $1,643,792,000; and

(d) The optimised depreciated replacement cost of the line business system fixed assets of VECTOR Limited is $1,609,940,000; and

(e) The optimised deprivation valuation of the line business system fixed assets of VECTOR Limited is $1,609,940,000; and

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

These valuations are as at 31 March 2003.

Signature of Directors:

Signature

Michael Stiassny

Date:

21 August 2003



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 133


Gazette.govt.nz PDF NZ Gazette 2003, No 133





✨ LLM interpretation of page content

🏭 Vector Limited Annual Valuation Reconciliation Report (continued from previous page)

🏭 Trade, Customs & Industry
21 August 2003
Electricity, Financial Report, Annual Valuation, ODV, System Fixed Assets, Commerce Commission, Vector Limited
  • Michael Stiassny, Director certifying valuation report
  • Bryan Leyland, Director certifying valuation report