Caledonia Mining Corp Plc | CIK:0000766011 | 3

  • Filed: 4/2/2018
  • Entity registrant name: Caledonia Mining Corp Plc (CIK: 0000766011)
  • Generator: Thunderdome
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/766011/000117184318002450/0001171843-18-002450-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/766011/000117184318002450/cmcl-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000766011
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  • ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory

    (n) Finance income and finance costs
     
    Finance income comprises interest income on funds invested. Interest income is recognised as it accrues in profit or loss, using the effective interest method. Finance costs comprise interest expense on the rehabilitation provisions, interest on bank overdraft balances, effective interest on loans and borrowings and also include commitment costs on overdraft facilities.
    Finance costs is recognised in profit or loss using the effective interest rate method and excludes borrowing costs capitalised.