read .dbk file from Sony Ericsson Backup

.dbk file extension used by Sony Ericsson PC Suite can become a real headache to read if you lose or misplace your mobile. So here is a very simple work around to read the contents inside and save your day.
simply rename your backup file from SE-PCS like backup1.dbk to and extract it like an ordinary zip file. Thats it and now you can recover your back up from the extracted files.