D4E ratio, page-392

No, to quote from AR16:
-----
"Cash flows beyond five years were subject to a terminal growth rate of 2.5% for all CGUs (30 June 2015: 3.0%)."

This is the rate that is applied to determining at what rate SGH into perpetuity. Typically, it is applied at a smoothed out, steady or constant rate.

In F15, SGH considered that (outside of the relevant forecasting period) it would continuing growing into perpetuity at a constant rate of 3% per annum (ie: after 2020). By H16 /F16, this had changed down to 2.5%. Now, it is at 2%.

These are SGH's own applied assumptions.