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Independent Auditor’s Report
An audit also involves evaluating:
-
the appropriateness of accounting policies used and whether they have been consistently applied;
-
the reasonableness of the significant accounting estimates and judgements made by the
-
the adequacy of all disclosures in the financial sta
-
the overall presentation of the financial statements and statement of service performance.
We did not examine every transaction, nor do we guarantee complete accuracy of the financial statements and
statement of service performance. In accordance with the Financial Reporting Act 1993, we report that we have
obtained all the information and explanations we have required. We believe we have obtained sufficient and
appropriate audit evidence to provide a
Responsibilities of the Board of Directors
The Board of Directors is responsible for preparing financial statements and a statement of service performance
that:
-
comply with generally accepted accounting practice in New Zealan
-
give a true and fair view of the
flows; and
-
give a true and fair view of the company and group’s service performance achievements.
The Board of Directors is also responsible for su
preparation of financial statements and a statement of service performance that are free from material
misstatement, whether due to fraud or error.
The Board of Directors’ responsibilities ar
Act 1993.
Responsibilities of the Auditor
We are responsible for expressing an independent opinion on the financial statements and reporting that
opinion to you based on our audit. Our responsibility arises from
section 45(1) of the Energy Companies Act
Independence
When carrying out the audit, we followed the independence requirements of the Auditor
incorporate the independence requirements of the New Zealand Institute of Chartered Accountants.
In addition to the audit, we have car
Distribution (Information Disclosure) Requirements 2008
regulatory Default Price Quality Path compliance statement
requirements. Other than the audit and these assignments, we have no relationship with, or interests in, the
Company or any of its subsidiaries.
Pip Cameron
On behalf of the Auditor-General
Auckland, New Zealand
Independent Auditor’s Report
An audit also involves evaluating:
appropriateness of accounting policies used and whether they have been consistently applied;
the reasonableness of the significant accounting estimates and judgements made by the
the adequacy of all disclosures in the financial statements and statement of service performance; and
the overall presentation of the financial statements and statement of service performance.
We did not examine every transaction, nor do we guarantee complete accuracy of the financial statements and
statement of service performance. In accordance with the Financial Reporting Act 1993, we report that we have
obtained all the information and explanations we have required. We believe we have obtained sufficient and
appropriate audit evidence to provide a basis for our audit opinion.
Responsibilities of the Board of Directors
The Board of Directors is responsible for preparing financial statements and a statement of service performance
comply with generally accepted accounting practice in New Zealand;
give a true and fair view of the company and group’s financial position, financial performance and cash
give a true and fair view of the company and group’s service performance achievements.
The Board of Directors is also responsible for such internal control as it determines is necessary to enable the
preparation of financial statements and a statement of service performance that are free from material
misstatement, whether due to fraud or error.
responsibilities arise from the Energy Companies Act 1992 and the Financial Reporting
Responsibilities of the Auditor
We are responsible for expressing an independent opinion on the financial statements and reporting that
opinion to you based on our audit. Our responsibility arises from section 15 of the Public Audit Act 2001 and
section 45(1) of the Energy Companies Act 1992.
When carrying out the audit, we followed the independence requirements of the Auditor
incorporate the independence requirements of the New Zealand Institute of Chartered Accountants.
In addition to the audit, we have carried out assignments in the areas of compliance with the Electricity
Distribution (Information Disclosure) Requirements 2008 and an independent assurance engagement on the
regulatory Default Price Quality Path compliance statement, which are compatible wit
requirements. Other than the audit and these assignments, we have no relationship with, or interests in, the
Company or any of its subsidiaries.
General
PricewaterhouseCoopers
appropriateness of accounting policies used and whether they have been consistently applied;
the reasonableness of the significant accounting estimates and judgements made by the Board of Directors;
tements and statement of service performance; and
the overall presentation of the financial statements and statement of service performance.
We did not examine every transaction, nor do we guarantee complete accuracy of the financial statements and
statement of service performance. In accordance with the Financial Reporting Act 1993, we report that we have
obtained all the information and explanations we have required. We believe we have obtained sufficient and
The Board of Directors is responsible for preparing financial statements and a statement of service performance
’s financial position, financial performance and cash
give a true and fair view of the company and group’s service performance achievements.
ch internal control as it determines is necessary to enable the
preparation of financial statements and a statement of service performance that are free from material
the Energy Companies Act 1992 and the Financial Reporting
We are responsible for expressing an independent opinion on the financial statements and reporting that
section 15 of the Public Audit Act 2001 and
When carrying out the audit, we followed the independence requirements of the Auditor-General, which
incorporate the independence requirements of the New Zealand Institute of Chartered Accountants.
ried out assignments in the areas of compliance with the Electricity
an independent assurance engagement on the
, which are compatible with those independence
requirements. Other than the audit and these assignments, we have no relationship with, or interests in, the
PricewaterhouseCoopers
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