Horizon Energy - Whakatane at Night
Valuation
The asset valuation as at 31 March 2004 has been completed in compliance with Regulation 19 (in accordance with the ODV Handbook) of the Commerce Commission's Electricity Information Disclosure Requirements 2004.
The valuation has been publicly disclosed and is available for inspection at the Company's offices in Whakatane.
The Optimised Deprival Value of the line business system assets as at 31 March 2004 as stated in the valuation report is $75,290,589.
The Regulatory Asset Valuations (RAB) for 2008 and 2009 are contained in the AV1 schedules in the Information Disclosure Accounts below.


