New Zealand Gazette – 2004 – No. 81

Page 2032

✨ Audit Compliance Statement



2032 NEW ZEALAND GAZETTE, No. 81 30 JUNE 2004

It also included assessment of the significant estimates and judgments, if any, made by
Transpower New Zealand Limited in the preparation of the threshold compliance statement
and assessment of whether the basis of preparation has been adequately disclosed.

I/We planned and performed my/our audit of the threshold compliance statement so as to
obtain all the information and explanations which I/we considered necessary, including for
the purpose of obtaining sufficient evidence to give reasonable assurance that the threshold
compliance statement is free from material misstatements (whether caused by fraud or error).
In forming my/our opinion I/we also evaluated the overall adequacy of the presentation of
information in the threshold compliance statement.

Basis of Opinion – Quality Threshold: Number of Unplanned Interruptions and
Customer Interruptions for the Years Ended 30 June 1999, 2000, 2001, 2002 and 2003

In relation to the number of unplanned interruptions and customer interruptions for the years
ended 30 June 1999, 2000, 2001, 2002 and 2003 which are relevant to those parts of the
quality threshold that are set out in clauses 6(1)(a) and 6(1)(b) of the Notice, I/we have
undertaken procedures to provide reasonable assurance that:

  • the amounts and disclosures in the threshold compliance statement relating to those
    performance measures have been correctly taken from the information disclosed by
    Transpower New Zealand Limited in accordance with the Electricity (Information
    Disclosure) Regulations 1999; and

  • those performance measures have been calculated based on the source data provided to
    me/us. I/We have not performed audit procedures on the source data.

Relationship and Interests

I/We have no relationship with or interests in Transpower New Zealand Limited other than
[insert relationship and/or interests including statement verifying that no conflict of interest
exists].

Opinions

I/We have obtained all the information and explanations I/we have required.

Price Path Threshold

In my/our opinion, having made all reasonable enquiry, to the best of my/our knowledge the
amounts or details set out in the threshold compliance statement relating to the price path
threshold set out in clause 5 of the Notice and related information have been prepared in
accordance with the Notice, and give a true and fair view of the performance of Transpower
New Zealand Limited against that threshold for the assessment period ended on 30 June
2005.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 81


Gazette.govt.nz — PDF NZ Gazette 2004, No 81




✨ LLM interpretation of page content

🏭 Form of Auditor's Report on Threshold Compliance Statement (continued from previous page)

🏭 Trade, Customs & Industry
Audit, Compliance, Threshold, Transpower, Commerce Act