New Zealand Gazette – 2008 – No. 56

Page 1578

✨ Audit Report on Performance Measures



1578 NEW ZEALAND GAZETTE, No. 56 7 MARCH 2008

Deloitte.

AUDITOR-GENERAL’S OPINION ON THE PERFORMANCE MEASURES OF
THE LINES COMPANY LIMITED
FOR THE YEAR ENDED 31 MARCH 2007

We have examined the information on pages 19 to 22, being –

(a) the derivation table in requirement 15;

(b) the annual ODV reconciliation report in requirement 16;

(c) the time weighted averages calculations in requirements 32;

(d) the financial performance measures in clause 1 of Part 3 of Schedule 1; and

(e) the financial components of the efficiency performance measures in clause 2 of Part 3 of Schedule 1,
–

that were prepared by The Lines Company Limited and dated 31 March 2007 for the purposes of the
Commerce Commission’s Electricity Information Disclosure Requirements 2004.

In our opinion, having made all reasonable enquiry, and to the best of our knowledge, that information
has been prepared in accordance with those Electricity Information Disclosure Requirements 2004.

Graham Naylor
Deloitte
On behalf of the Auditor-General
Hamilton, New Zealand
3 March 2008

MATTERS RELATING TO THE PUBLICATION OF THE AUDITED PERFORMANCE MEASURES
IN THE NEW ZEALAND GAZETTE

This audit report relates to the performance measures of The Lines Company Electricity Division 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 performance measures and the related audit report of The Lines Company Electricity Division 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 performance information of The Lines Company Electricity Division
that have been published on the New Zealand Gazette’s website. We accept no responsibility for any changes that may have
occurred to the performance information since they were initially signed and published.

This audit report refers only to the performance information 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 performance information and related audit report dated 3 March 2008 to confirm the information included in the
audited performance information 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 56


Gazette.govt.nz — PDF NZ Gazette 2008, No 56




✨ LLM interpretation of page content

💰 Report of the Auditor-General on The Lines Company Limited Electricity Division (continued from previous page)

💰 Finance & Revenue
3 March 2008
Audit, Financial Statements, Electricity Division, Commerce Act, Public Audit Act
  • Graham Naylor, Deloitte, On behalf of the Auditor-General