β¨ Auditor-General's Valuation Report
PRICEWATERHOUSECOOPERS
PricewaterhouseCoopers
113-119 The Terrace
P O Box 243
Wellington, New Zealand
Telephone: 64 4 462 7000
Facsimile: 64 4 462 7001
AUDITOR-GENERAL'S OPINION ON THE VALUATION REPORT OF TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
We have examined the valuation report of Transpower New Zealand Limited Lines Business and dated 26 November 2003, which report contains valuations of system fixed assets as at 30 June 2003.
In our opinion, having made all reasonable enquiry, and to the best of our knowledge, the valuations contained in the report, including the total valuation of system fixed assets of $1,966,000,000, have been made in accordance with the ODV Handbook.

Jim Chin
On behalf of the Auditor-General
Wellington, New Zealand
26 November 2003
PricewaterhouseCoopers
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 162
Gazette.govt.nz —
NZ Gazette 2003, No 162
β¨ LLM interpretation of page content
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Auditor-General's Opinion on Transpower New Zealand Limited Valuation Report
(continued from previous page)
π Trade, Customs & Industry26 November 2003
Valuation, Transpower, System Fixed Assets, ODV Handbook, Auditor-General
- Jim Chin, On behalf of the Auditor-General