XML 41 R74.htm IDEA: XBRL DOCUMENT v3.20.1
Note 36 - Operating Segments (Tables)
 12 Months Ended
Dec. 31, 2019
Statement Line Items [Line Items]  
Disclosure of operating segments [text block]
Information about reportable segments 2019   Zimbabwe     South Africa     Inter-group elimination adjustments     Corporate and other reconciling amounts     Total  
                               
                               
Revenue    
75,826
      
15,973
      
(15,194
 )    
(779
 )    
75,826
  
Royalties    
(3,854
 )    
-
      
-
      
-
      
(3,854
 )
Production costs    
(36,278
 )    
(13,740
 )    
13,618
      
-
      
(36,400
 )
Depreciation    
(4,645
 )    
(90
 )    
350
      
(49
 )    
(4,434
 )
Management fee*    
(2,798
 )    
2,798
      
-
      
-
      
-
  
Other income    
2,016
      
258
      
-
      
-
      
2,274
  
Other expenses    
(498
 )    
(168
 )    
-
      
-
      
(666
 )
Administrative expenses    
(126
 )    
(1,736
 )    
-
      
(3,775
 )    
(5,637
 )
Cash-settled share-based expense    
(234
 )    
(166
 )    
-
      
(289
 )    
(689
 )
Net Foreign exchange gain    
29,634
      
9
      
-
      
18
      
29,661
  
Net finance cost    
(299
 )    
57
      
-
      
44
      
(198
 )
Profit on sale of subsidiary    
-
      
-
      
-
      
5,409
      
5,409
  
Gold hedge expense    
-
      
-
      
-
      
(601
 )    
(601
 )
Profit before tax    
58,744
      
3,195
      
(1,226
 )    
(22
 )    
60,691
  
Tax expense    
(9,529
 )    
(825
 )    
192
      
(128
 )    
(10,290
 )
Profit for the year    
49,215
      
2,370
      
(1,034
 )    
(150
 )    
50,401
  
Information about reportable segments 2019   Zimbabwe     South Africa     Inter-group elimination adjustments     Corporate and other reconciling amounts     Total  
                               
Geographic segment assets:
                                       
Current (excluding intercompany)    
21,608
      
3,383
      
(139
 )    
4,987
      
29,839
  
Non-current (excluding intercompany)    
115,611
      
315
      
(2,456
 )    
244
      
113,714
  
Expenditure on property, plant and equipment    
21,465
      
47
      
(1,165
 )    
248
      
20,595
  
Intercompany balances    
-
      
8,869
      
(52,783
 )    
43,914
      
-
  
                                         
Geographic segment liabilities
                                       
Current (excluding intercompany)    
(7,177
 )    
(1,546
 )    
-
      
(627
 )    
(9,350
 )
Non-current (excluding intercompany)    
(9,085
 )    
(17
 )    
140
      
(524
 )    
(9,486
 )
Intercompany balances    
(2,441
 )    
(32,558
 )    
52,783
      
(17,784
 )    
-
  
Information about reportable segments 2018   Zimbabwe     South Africa     Inter-group elimination adjustments     Corporate and other reconciling amounts     Total  
                               
                               
Revenue    
68,399
      
12,554
      
(12,166
 )    
(388
 )    
68,399
  
Royalties    
(3,426
 )    
-
      
-
      
-
      
(3,426
 )
Production costs    
(39,186
 )    
(11,328
 )    
11,199
      
-
      
(39,315
 )
Depreciation    
(4,366
 )    
(32
 )    
327
      
-
      
(4,071
 )
Management fee
*
    
(2,650
 )    
2,650
      
-
      
-
      
-
  
Other income    
6,482
      
366
      
-
      
253
      
7,101
  
Other expenses    
(296
 )    
-
      
-
      
(40
 )    
(336
 )
Administrative expenses    
(159
 )    
(2,433
 )    
-
      
(3,873
 )    
(6,465
 )
Cash-settled share-based expense    
(84
 )    
(137
 )    
-
      
(94
 )    
(315
 )
Equity-settled share-based expense    
-
      
-
      
-
      
(14
 )    
(14
 )
Net Foreign exchange gain/(loss)    
133
      
(327
 )    
-
      
417
      
223
  
Net finance cost    
(262
 )    
17
      
-
      
25
      
(220
 )
Gold hedge expense    
-
      
-
      
-
      
(360
 )    
(360
 )
Profit before tax    
24,585
      
1,330
      
(640
 )    
(4,074
 )    
21,201
  
Tax expense    
(7,085
 )    
(387
 )    
153
      
(126
 )    
(7,445
 )
Profit for the year    
17,500
      
943
      
(487
 )    
(4,200
 )    
13,756
  
Information about reportable segments 2018   Zimbabwe     South Africa     Inter-group elimination adjustments     Corporate and other reconciling amounts     Total  
                               
Geographic segment assets:
                                       
Current (excluding intercompany)    
21,505
      
3,489
      
(91
 )    
3,265
      
28,168
  
Non-current (excluding intercompany)    
98,700
      
466
      
(1,641
 )    
-
      
97,525
  
Expenditure on property, plant and equipment    
20,436
      
370
      
(891
 )    
-
      
19,915
  
Intercompany balances    
-
      
6,926
      
(46,240
 )    
39,314
      
-
  
Assets held for sale    
-
      
296
      
-
      
-
      
296
  
                                         
Geographic segment liabilities
                                       
Current (excluding intercompany)    
(10,445
 )    
(1,403
 )    
-
      
(350
 )    
(12,198
 )
Non-current (excluding intercompany)    
(33,043
 )    
(47
 )    
446
      
(2,043
 )    
(34,687
 )
Intercompany balances    
(1,345
 )    
(33,032
 )    
46,240
      
(11,863
 )    
-
  
Liabilities directly associated with assets held for sale    
 
      
(609
 )    
-
      
-
      
(609
 )
Information about reportable segments 2017   Zimbabwe     South Africa     Inter-group eliminations adjustments     Corporate and other reconciling amounts     Total  
                               
Revenue    
69,762
      
-
      
-
      
-
      
69,762
  
Inter-segmental revenue    
-
      
15,247
      
(15,061
 )    
(186
 )    
-
  
Royalties    
(3,498
 )    
-
      
-
      
-
      
(3,498
 )
Production costs    
(36,753
 )    
(14,751
 )    
15,324
      
-
      
(36,180
 )
Depreciation    
(4,019
 )    
(53
 )    
309
      
-
      
(3,763
 )
Management fee    
(3,960
 )    
3,960
      
-
      
-
      
-
  
Other income    
2,358
      
205
      
-
      
31
      
2,594
  
Other expenses    
-
      
(14
 )    
-
      
-
      
(14
 )
Impairment loss on trade receivables    
(181
 )    
-
      
-
      
-
      
(181
 )
Administrative expenses    
(40
 )    
(2,258
 )    
-
      
(3,613
 )    
(5,911
 )
Cash-settled share-based expense    
(581
 )    
-
      
-
      
(395
 )    
(976
 )
Equity-settled share-based expense    
(806
 )    
-
      
-
      
(29
 )    
(835
 )
Net foreign exchange (loss)/gain    
(375
 )    
207
      
-
      
(212
 )    
(380
 )
Net finance cost    
(69
 )    
10
      
-
      
28
      
(31
 )
Profit before tax    
21,838
      
2,553
      
572
      
(4,376
 )    
20,587
  
Tax expense    
(7,587
 )    
(1,104
 )    
-
      
-
      
(8,691
 )
Profit for the year    
14,251
      
1,449
      
572
      
(4,376
 )    
11,896