XML 90 R60.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Income taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Income taxes [Abstract] |
Disclosure of detailed information about income taxes [Table Text Block] |
|  | 2021 |  |  | 2020 |
|  | $ |  |  | $ |
Current income tax |  |  |  |  |  |
Expense for the year (i) |  | 1,231 |  |  | 7,153 |
Current income tax expense |  | 1,231 |  |  | 7,153 |
Deferred income tax (Note 26 (b)): |  |  |  |  |  |
Origination and reversal of temporary differences |  | (8,259 | ) |  | (1,062 | )
Impact of changes in tax rates |  | - |  |  | 11 |
Change in unrecognized deductible temporary differences |  | 20,050 |  |  | 6,570 |
Other |  | (67 | ) |  | (1,759 | )
Deferred income tax expense |  | 11,724 |  |  | 3,760 |
Income tax expense |  | 12,955 |  |  | 10,913 |
(i) In 2020, the current income tax expense includes an amount of US$4.5 million ($5.8 million) resulting from the San Antonio stream transaction (paid in 2021).
Disclosure of reconciliation of statutory weighted average tax rate applicable to income [Table Text Block] |
|  | 2021 |  |  | 2020 |
|  | $ |  |  | $ |
(Loss) income before income taxes |  | (43,720 | ) |  | 27,142 |
Income tax provision calculated using the combined Canadian federal |  |  |  |  |  |
and provincial statutory income tax rate |  | (11,586 | ) |  | 7,193 |
Increase (decrease) in income taxes resulting from: |  |  |  |  |  |
Non-deductible expenses, net |  | 908 |  |  | (11 | )
(Non-deductible) non-taxable portion of capital losses, net |  | (761 | ) |  | (1,893 | )
Differences in foreign statutory tax rates |  | (3,898 | ) |  | (408 | )
Changed in unrecognized deferred tax assets |  | 20,050 |  |  | 6,570 |
Foreign withholding taxes |  | 864 |  |  | 778 |
Deferred premium on flow-through shares |  | (1,847 | ) |  | - |
Effect of flow-through shares renunciation |  | 8,021 |  |  | - |
Tax rate changes of deferred income taxes |  | - |  |  | 11 |
Other |  | 1,204 |  |  | (1,327 | )
Total income tax expense |  | 12,955 |  |  | 10,913 |
Disclosure of components of deferred income tax assets and liabilities [Table Text Block] |
|  | December 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | $ |  |  | $ |
Deferred tax assets: |  |  |  |  |  |
Stream interests |  | 30,100 |  |  | 34,278 |
Non-capital losses |  | 7,663 |  |  | 8,195 |
Deferred and restricted share units |  | 3,401 |  |  | 4,008 |
Share and debt issue expenses |  | 2,935 |  |  | 4,562 |
|  | 44,099 |  |  | 51,043 |
Deferred tax liabilities: |  |  |  |  |  |
Royalty interests and exploration and evaluation assets |  | (102,782 | ) |  | (93,266 | )
Investments |  | (8,077 | ) |  | (9,437 | )
Convertible debentures |  | (1,173 | ) |  | (2,315 | )
Other |  | (474 | ) |  | (454 | )
|  | (112,506 | ) |  | (105,472 | )
Deferred tax liability, net |  | (68,407 | ) |  | (54,429 | )
Disclosure of deferred taxes [Table Text Block] | The 2021 movement for deferred tax assets and deferred tax liabilities may be summarized as follows:
|  |  |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |
|  |  |  |  | Statement |  |  |  |  |  | comprehen- |  |  |  |  |  |  |
|  | Dec. 31, |  |  | of inco- |  |  |  |  |  | sive income |  |  | Translation |  |  | Dec. 31, |
|  | 2020 |  |  | me (loss) |  |  | Equity |  |  | (loss) |  |  | adjustments |  |  | 2021 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Deferred tax assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stream interests |  | 34,278 |  |  | (4,178 | ) |  | - |  |  | - |  |  | - |  |  | 30,100 |
Non-capital losses |  | 8,195 |  |  | (532 | ) |  | - |  |  | - |  |  | - |  |  | 7,663 |
Deferred and restricted share units |  | 4,008 |  |  | (328 | ) |  | (279 | ) |  | - |  |  | - |  |  | 3,401 |
Share and debt issue expenses |  | 4,562 |  |  | (96 | ) |  | (1,531 | ) |  | - |  |  | - |  |  | 2,935 |
Deferred tax liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalty interests and exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
and evaluation assets |  | (93,266 | ) |  | (9,543 | ) |  |  |  |  | - |  |  | 27 |  |  | (102,782 | )
Investments |  | (9,437 | ) |  | 1,831 |  |  | - |  |  | (471 | ) |  | - |  |  | (8,077 | )
Convertible debentures |  | (2,315 | ) |  | 1,142 |  |  | - |  |  | - |  |  | - |  |  | (1,173 | )
Other |  | (454 | ) |  | (20 | ) |  | - |  |  | - |  |  | - |  |  | (474 | )
|  | (54,429 | ) |  | (11,724 | ) |  | (1,810 | ) |  | (471 | ) |  | 27 |  |  | (68,407 | )
The 2020 movement for deferred tax assets and deferred tax liabilities may be summarized as follows:
|  |  |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Statement |  |  |  |  |  | comprehen- |  |  | Benefit from |  |  |  |  |  |  |
|  | Dec. 31, |  |  | of inco- |  |  |  |  |  | sive income |  |  | flow-through |  |  | Translation |  |  | Dec. 31, |
|  | 2019 |  |  | me (loss) |  |  | Equity |  |  | (loss) |  |  | shares |  |  | adjustments |  |  | 2020 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Deferred tax assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stream interests |  | 28,826 |  |  | 5,452 |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 34,278 |
Non-capital losses |  | 170 |  |  | 8,025 |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 8,195 |
Deferred and restricted share units |  | 2,865 |  |  | 435 |  |  | 708 |  |  | - |  |  | - |  |  | - |  |  | 4,008 |
Share and debt issue expenses |  | (113 | ) |  | (569 | ) |  | 5,244 |  |  | - |  |  | - |  |  | - |  |  | 4,562 |
Deferred tax liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalty interests and exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
and evaluation assets |  | (77,641 | ) |  | (16,204 | ) |  |  |  |  | 388 |  |  | 66 |  |  | 125 |  |  | (93,266 | )
Investments |  | 1,911 |  |  | (1,613 | ) |  | - |  |  | (9,707 | ) |  | (28 | ) |  | - |  |  | (9,437 | )
Convertible debentures |  | (3,632 | ) |  | 1,317 |  |  | - |  |  | - |  |  | - |  |  | - |  |  | (2,315 | )
Other |  | 149 |  |  | (603 | ) |  | - |  |  | - |  |  | - |  |  | - |  |  | (454 | )
|  | (47,465 | ) |  | (3,760 | ) |  | 5,952 |  |  | (9,319 | ) |  | 38 |  |  | 125 |  |  | (54,429 | )
Disclosure of unrecognized deferred tax assets [Table Text Block] |
|  | December 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | $ |  |  | $ |
Non-capital losses carried forward |  | 64,650 |  |  | 43,379 |
Mineral stream interests - Mexico |  | 7,446 |  |  | 5,796 |
Unrealized losses on investments |  | 3,598 |  |  | 6,529 |
Capital losses |  | 2,127 |  |  | - |
Other |  | 1,694 |  |  | 1,632 |
|  | 79,515 |  |  | 57,336 |

X
- Definition The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfDeferredTaxesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of types of temporary differences, unused tax losses and unused tax credits. [Refer: Unused tax credits [member]; Unused tax losses [member]; Temporary differences [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2021-01-01 -Paragraph 81 -Subparagraph g -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=12&code=ifrs-tx-2021-en-r&anchor=para_81_g&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of components of deferred income tax assets and liabilities explanatory + References No definition available. + Details
Name: | or_DisclosureOfComponentsOfDeferredIncomeTaxAssetsAndLiabilitiesExplanatory
Namespace Prefix: | or_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about income taxes explanatory + References No definition available. + Details
Name: | or_DisclosureOfDetailedInformationAboutIncomeTaxesExplanatory
Namespace Prefix: | or_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of reconciliation of statutory weighted average tax rate applicable to income explanatory + References No definition available. + Details
Name: | or_DisclosureOfReconciliationOfStatutoryWeightedAverageTaxRateApplicableToIncomeExplanatory
Namespace Prefix: | or_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration