New Zealand Gazette – 2008 – No. 21

Page 475

✨ Financial Audit Report



13 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 21 475

In addition to issuing audit certificates pursuant to the Electricity Information Disclosure Requirements 2004 we have carried out other audit assignments for Buller Electricity Limited. This involved issuing an audit opinion on the annual financial statements for the year ended 31 March 2007 as well as audit certificates pursuant to the Commerce Act Electricity Lines Threshold Notice 2004. We have also performed accounting advice and taxation assignments for Buller Electricity Limited. These assignments are compatible with those independence requirements. Other than these assignments we have no relationship with or interest in Buller Electricity Limited.

Unqualified Opinion

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

In our opinion:

  • proper accounting records have been maintained by Buller Electricity Limited as far as appears from our examination of those records; and

  • the financial statements of Buller Electricity Limited on pages 2 to 12:

    (a) comply with generally accepted accounting practice in New Zealand; and

    (b) give a true and fair view of Buller Electricity Limited’s financial position as at 31 March 2007 and the results of its operations and cash flows for the year ended on that date; and

    (c) comply with the Electricity Information Disclosure Requirements 2004.

Our audit was completed on 7 February 2008 and our unqualified opinion is expressed as at that date.

Bruce Loader
KPMG Christchurch
On behalf of the Auditor-General
Christchurch, New Zealand
7 February 2008

MATTERS RELATING TO THE PUBLICATION OF THE AUDITED FINANCIAL STATEMENTS IN THE NEW ZEALAND GAZETTE

This audit report relates to the financial statements of Buller Electricity Limited for the year ended 31 March 2007 that have been published in the New Zealand Gazette. The New Zealand Gazette is required to publish hard copies of audited financial statements and the related audit report of Network Tasman Limited for the year ended 31 March 2007, and to include an electronic version of the published New Zealand Gazette on the New Zealand Gazette’s website.

We have not been engaged to report on the integrity of the financial statements of Buller Electricity Limited that have been published on the New Zealand Gazette’s website. We accept no responsibility for any changes that may have occurred to the financial statements since they were initially signed and published.

This audit report refers only to the financial statements named above. If readers of this audit report are concerned with the inherent risks arising from electronic data communication, they should refer to the original signed and published hard copy of the audited financial statements and related audit report dated 7 February 2008 to confirm the information included in the audited financial statements published in the New Zealand Gazette or on the New Zealand Gazette’s website.

Legislation in New Zealand governing the preparation and dissemination of financial information may differ from legislation in other jurisdictions.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 21


Gazette.govt.nz — PDF NZ Gazette 2008, No 21




✨ LLM interpretation of page content

🏭 Buller Electricity Limited Audit Report (continued from previous page)

🏭 Trade, Customs & Industry
7 February 2008
Audit, Financial Statements, Electricity, Buller Electricity Limited
  • Bruce Loader, KPMG Christchurch, On behalf of the Auditor-General