How to parse this XML structure

SimpleXMLElement Object
(
    [params] => SimpleXMLElement Object
        (
            [param] => SimpleXMLElement Object
                (
                    [value] => SimpleXMLElement Object
                        (
                            [struct] => SimpleXMLElement Object
                                (
                                    [member] => Array
                                        (
                                            [0] => SimpleXMLElement Object
                                                (
                                                    [name] => result
                                                    [value] => SimpleXMLElement Object
                                                        (
                                                            [struct] => SimpleXMLElement Object
                                                                (
                                                                    [member] => SimpleXMLElement Object
                                                                        (
                                                                            [name] => application_instance_id
                                                                            [value] => SimpleXMLElement Object
                                                                                (
                                                                                    [i4] => 89
                                                                                )

                                                                        )

                                                                )

                                                        )

                                                )

                                            [1] => SimpleXMLElement Object
                                                (
                                                    [name] => status
                                                    [value] => SimpleXMLElement Object
                                                        (
                                                            [i4] => 0
                                                        )

                                                )

                                        )

                                )

                        )

                )

        )

)