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(iii) Net realisable value of inventories
The net realisable value of inventories is 
the estimated selling price in the ordinary 
course of business, less the estimated costs 
of completion and the estimated costs 
necessary to make the sale, adjusted by the 
losses for obsolescence and redundancy. 
These estimates are based on the current 
market condition, economic lives of the 
Group’s products, availability of components 
required to assemble the Group’s products 
and the historical experience of inventory 
losses. They could change significantly as 
a result of industrial technology upgrades, 
competitor actions, development of the Events 
as described in note 5(c) or other changes in 
market condition. Management will reassess 
the estimations at the end of each reporting 
period.