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v3.23.1

Note 15 - Finance Income and Finance Cost | 12 Months Ended
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Dec. 31, 2022
Statement Line Items [Line Items] |
Disclosure of finance income (cost) [text block] |
15 | Finance income and finance cost
|  | 2022 |  |  | 2021 |  |  | 2020 |
Finance income received – Bank |  |  | 17 |  |  |  | 14 |  |  |  | 62 |
Finance cost – Term loan |  |  | – |  |  |  | 56 |  |  |  | 386 |
Finance cost – Capitalised to property, plant and equipment (note 17) |  |  | – |  |  |  | (17 | ) |  |  | (53 | )
Unwinding of rehabilitation provision (note 28) |  |  | 132 |  |  |  | – |  |  |  | 2 |
Finance cost – Leases (note 19) |  |  | 31 |  |  |  | 24 |  |  |  | 15 |
Finance cost – Overdraft |  |  | 192 |  |  |  | 86 |  |  |  | 17 |
ZESA interest * |  |  | – |  |  |  | 226 |  |  |  | – |
Finance cost – Loan notes payable (note 30) |  |  | 302 |  |  |  | – |  |  |  | – |
|  |  | 657 |  |  |  | 375 |  |  |  | 367 |
* | During the period from January 2021 to March 2021 it was unclear in what currency the monthly payments to the Zimbabwe Electricity Supply Authority (“ZESA”) had to be made. In April 2021 Blanket was advised that the payments had to be paid on a 60/40 basis USD/RTGS$. Interest was charged on the outstanding amounts to ZESA during the period January 2021 to March 2021 when payments were withheld.
Cash – Finance income |  |  | 17 |  |  |  | 14 |  |  |  | 62 |
Cash – Finance cost |  |  | (192 | ) |  |  | (388 | ) |  |  | (405 | )
Non-cash – Finance cost |  |  | (465 | ) |  |  | 13 |  |  |  | 38 |
|  |  | 657 |  |  |  | 375 |  |  |  | 367 |

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + 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
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