✨ Financial Certifications




3656 NEW ZEALAND GAZETTE No. 135

Certification of Financial Statements, Performance Measures, and Statistics Disclosed by Line Owners Other Than Transpower

We, Kenneth John Forrest and Geoffrey John Hoare, principals of Marlborough Lines Ltd certify that, having made all reasonable enquiry, to the best of our knowledge,β€”

(a) the attached audited financial statements of Marlborough Lines Ltd (including OtagoNet), prepared for the purposes of regulation 6 of the Electricity (Information Disclosure) Regulations 1999 comply with the requirements of those regulations; and

(b) the attached information, being the derivation table, financial performance measures, efficiency performance measures, energy delivery efficiency performance measures, statistics, and reliability performance measures in relation to Marlborough Lines Ltd (including OtagoNet), and having been prepared for the purposes of regulations 15, 16, 21, and 22 of the Electricity (Information Disclosure) Regulations 1999, comply with the requirements of those regulations

The valuations on which those financial performance measures are based are as at 31 March 2003.

Kenneth John Forrest Geoffrey John Hoare
Managing Director Company Secretary

18 September 2003


Certification of Valuation Report of Line Owners

We, Kenneth John Forrest and Geoffrey John Hoare, principals of Marlborough Lines Ltd certify that, having made all reasonable enquiry, to the best of our knowledge,β€”

(a) the attached valuation report of Marlborough Lines Ltd (including OtagoNet), 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 Marlborough Lines Ltd (including OtagoNet), is $305,773,606 and

(c) the depreciated replacement cost of the line business system fixed assets of Marlborough Lines Ltd (including OtagoNet), is $149,628,129 and

(d) the optimised depreciated replacement cost of the line business system fixed assets of Marlborough Lines Ltd (including OtagoNet), is $147,170,946, and

(e) the optimised deprival valuation of the line business system fixed assets of Marlborough Lines Ltd (including OtagoNet), is $143,700,284; and

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

These valuations are as at 31 March 2003.

Kenneth John Forrest Geoffrey John Hoare
Managing Director Company Secretary

18 September 2003


PUBLISHED BY THE
DEPARTMENT OF INTERNAL AFFAIRS

PRINTED BY WICKLIFFE LIMITED

ISSN 0111-5650

Price $5.00 (inc. G.S.T.)




Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 135


Gazette.govt.nz PDF NZ Gazette 2003, No 135





✨ LLM interpretation of page content

πŸ’° Certification of Financial Statements, Performance Measures, and Statistics Disclosed by Line Owners Other Than Transpower (continued from previous page)

πŸ’° Finance & Revenue
18 September 2003
Financial Statements, Performance Measures, Electricity, Regulation, Marlborough Lines Ltd, OtagoNet
  • Kenneth John Forrest, Certified financial statements and performance measures
  • Geoffrey John Hoare, Certified financial statements and performance measures

  • Kenneth John Forrest, Managing Director
  • Geoffrey John Hoare, Company Secretary

πŸ’° Certification of Valuation Report of Line Owners

πŸ’° Finance & Revenue
18 September 2003
Valuation Report, System Fixed Assets, ODV Handbook, Electricity, Marlborough Lines Ltd, OtagoNet
  • Kenneth John Forrest, Certified valuation report
  • Geoffrey John Hoare, Certified valuation report

  • Kenneth John Forrest, Managing Director
  • Geoffrey John Hoare, Company Secretary