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Note 16 - Tax Expense (Tables)

12 Months Ended

Dec. 31, 2022

Statement Line Items [Line Items]

Disclosure of the components of income tax [text block]

		2022				2021				2020
Tax recognised in profit or loss

Current tax			9,932				9,051				9,492
Income tax - current year			8,707				8,769				8,969
Income tax - change in tax estimates			(46	)			(168	)			(54	)
Withholding tax - current year			1,271				450				577

Deferred tax expense			6,838				5,806				5,681
Origination and reversal of temporary differences			6,838				5,806				5,681

Tax expense – recognised in profit or loss			16,770				14,857				15,173

Tax recognised in other comprehensive income
Income tax - current year			-				-				-

Tax expense			16,770				14,857				15,173

Disclosure of unrecognized deferred tax assets [text block]

		2022				2021				2020

Caledonia Holdings Zimbabwe (Private) Limited			1,800				1,800				593
Greenstone Management Services Holdings Limited			691				516				376
Tax losses carried forward			2,491				2,316				969

Disclosure of income taxes paid [text block]

Tax paid		2022				2021				2020

Net income tax payable at January 1			(1,461	)			(419	)			(163	)
Current tax expense			(9,932	)			(9,051	)			(9,492	)
Foreign currency movement			3,244				583				2,580
Tax paid			6,866				7,426				6,656
Net income tax payable at December 31			(1,284	)			(1,461	)			(419	)

Disclosure of income tax reconciliation [text block]

Reconciliation of tax rate		2022				2021				2020

Profit for the year			22,866				23,142				25,257
Total tax expense			16,770				14,857				15,173
Profit before tax			39,636				37,999				40,430

Income tax at Company's domestic tax rate ⁽¹⁾			-				-				-
Tax rate blended in foreign jurisdictions ⁽²⁾			12,600				11,847				12,405
Effect of income tax calculated in RTGS$ as required by PN26 ⁽³⁾			713				590				2,004
Management fee – withholding tax on deemed dividend portion			247				342				209
Management fee – non-deductible deemed dividend			735				611				570
Management fee – withholding tax - current year			174				148				123
Withholding tax on intercompany dividends			850				-				245
Non-deductible expenditure
- CSR donations			269				311				107
- Other non-deductible expenditure			656				30				57
- IMTT ⁽⁴⁾			398				(200	)			120
Credit export incentive income exemption			-				-				(598	)
Change in income tax rate ⁽⁵⁾			(8	)			-				(287	)
Change in tax estimates
- Zimbabwean income tax			-				(166	)			-
- South African income tax			(38	)			(2	)			(54	)
Change in unrecognised deferred tax losses			174				1,346				272
Tax expense - recognised in profit or loss			16,770				14,857				15,173

Disclosure of temporary difference, unused tax losses and unused tax credits [text block]

		Assets								Liabilities								Net
		2022				2021				2022				2021				2022				2021
Property, plant and equipment			-				-				(6,323	)			(9,328	)			(6,323	)			(9,328	)
Exploration and evaluation assets			-				-				(2	)			-				(2	)			-
Allowance for obsolete stock			(163	)			-				-				(47	)			(163	)			(47	)
Prepayments			-				3				(5	)			-				(5	)			3
Unrealised foreign exchange			733				-				-				(10	)			733				(10	)
Trade and other payables			814				499				-				-				814				499
Cash-settled share-based payments			-				989				-				-				-				989
Provisions			25				-				-				-				25				-
Other			-				54				-				-				-				54
Tax assets/ (liabilities)			1,409				1,545				(6,330	)			(9,385	)			*(4,921	)			*(7,840	)

Disclosure of movement in recognized in deferred tax assets and liabilities [text block]

		Balance January 1, 2022				Recognised in profit or loss				Foreign exchange movement				Balance December 31, 2022
Property, plant and equipment			(9,328	)			(8,560	)			11,565				(6,323	)
Exploration and evaluation assets			(47	)			10				35				(2	)
Allowance for obsolete stock			3				(295	)			129				(163	)
Prepayments			(10	)			4				1				(5	)
Unrealised foreign exchange			499				1,179				(945	)			733
Trade and other payables			989				794				(969	)			814
Provisions			54				30				(59	)			25
Tax (liabilities)/ assets			(7,840	)			(6,838	)			9,757				(4,921	)

		Balance January 1, 2021				Recognised in profit or loss				Foreign exchange movement				Balance December 31, 2021
Property, plant and equipment			(5,380	)			(6,439	)			2,491				(9,328	)
Exploration and evaluation assets			(29	)			(31	)			13				(47	)
Allowance for obsolete stock			13				3				(13	)			3
Prepayments			(3	)			(8	)			1				(10	)
Unrealised foreign exchange			530				344				(375	)			499
Trade and other payables			639				235				115				989
Cash-settled share-based payments			8				(8	)			-				-
Provisions			60				123				(129	)			54
Other			15				(25	)			10				-
Tax (liabilities)/ assets			(4,147	)			(5,806	)			2,103				(7,840	)