An estimate of an asset’s residual value is based on the amount recoverable from disposal
using prices prevailing at the date of the estimate for the sale of a similar asset that has
reached the end of its useful life and has operated under conditions similar to those in which
the asset will be used. The residual value is reviewed at least at each financial year-end. A
change in the asset’s residual value is accounted for as a change in an accounting estimate in
accordance with SB-FRS 8 Accounting Policies, Changes in Accounting Estimates and
Errors