✨ Auditor's Report
220 NEW ZEALAND GAZETTE, No. 7 18 JANUARY 2008
Deloitte
AUDITOR'S REPORT
TO THE READERS OF THE FINANCIAL STATEMENTS OF OTAGONET JOINT VENTURE LINES BUSINESS.
We have audited the accompanying financial statements of OtagoNet Joint venture Lines Business. The financial statements provide information about the past financial performance of OtagoNet Joint venture and its financial position as at 31 March 2007. This information is stated in accordance with the accounting policies set out on pages 6 and 7.
Directors' Responsibilities
The Commerce Commission’s Electricity Information Disclosure Requirements 2004 made under section 57T of the Commerce Act 1986 require the Directors to prepare financial statements which give a true and fair view of the financial position of OtagoNet Joint venture Lines Business as at 31 March 2007, and results of operations and cash flows for the year then ended.
Auditor’s Responsibilities
It is our responsibility to express an independent opinion on the financial statements presented by the Directors and report our opinion to you.
Basis of Opinion
An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial statements. It also includes assessing-
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the significant estimates and judgments made by the Directors in the preparation of the financial statements; and
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whether the accounting policies are appropriate to OtagoNet Joint venture Lines Business’ circumstances, consistently applied and adequately disclosed.
We conducted our audit in accordance with generally accepted auditing standards in New Zealand. We planned and performed my/our audit so as to obtain all the information and explanations which we considered necessary. We obtained sufficient evidence to give reasonable assurance that the financial statements are free from material misstatements, whether caused by fraud or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.
Other than in our capacity as auditor we have no relationship with or interests in OtagoNet Joint venture.
Unqualified Opinion
We have obtained all the information and explanations we have required.
In our opinion-
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proper accounting records have been maintained by OtagoNet Joint venture as far as appears from our examination of those records; and
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the financial statements referred to above-
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 7
Gazette.govt.nz —
NZ Gazette 2008, No 7
✨ LLM interpretation of page content
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OtagoNet Joint Venture Financial and Performance Measures Certification
(continued from previous page)
🌾 Primary Industries & Resources30 November 2007
Electricity, Financial Statements, Performance Measures, Reliability Statistics, OtagoNet Joint Venture, Certification