GBG Audit
PO Box 37 687
Parnell
Auckland 1151
NEW ZEALAND
13 April 2016
Mark Wray,
Procurement Adviser,
Ports of Auckland Limited,
PO Box 1281,
Shortland Street,
Auckland 1040
Dear Mr. Wray,
Re : Audit Opinion, Fuel Adjustment Factor Calculation March 2016
We have examined forward pricing advice and a sample of invoices for March 2016 from your diesel
suppliers and advise that in our opinion the diesel buying price for the weeks commencing 29
February and 7, 14, 21 and 28 March 2016 were all less than the 1 September 2006 reference price.
The margins of the price differences were all greater than 40% but none was greater than 60%.
Yours faithfully,
GBG Audit
Graeme Brown
Mob 0274 372 972
GBG Audit is the trading name of GBG Associates Limited a limited liability company incorporated in New Zealand