3. Performance
3.3 Other income
 
  Group Company
  31 March 
2026 
Rm 
31 March 
2025 
Rm 
31 March 
2026 
Rm 
31 March 
2025 
Rm 
Other income 1 262  1 552  2 465  7 094 
Interest received from trade receivables and finance lease receivables1 176  184  135  160 
Sundry income2 680  610  2 040  1 764 
Gain on disposal of Swiftnet (refer to note 12.2) —  —  —  4 998 
Profit on disposal of property, plant and equipment3 194  654  79  69 
Gain on termination of leases
Gain on sale of contract assets4 209  95  209  95 
1 Interest received from trade receivables and finance lease receivables relates to interest on overdue trade receivables accounts and finance lease receivables. These are financial assets measured at amortised cost. Interest is recognised on a time proportionate basis, taking into account the principal amount outstanding and the effective interest rate. Total interest income on financial assets that are measured at amortised cost of R607 million (31 March 2025: R523 million) for Group and R1 258 million (31 March 2025: R1 309 million) for Company was recognised. Refer to note 6.1 for the remaining interest income on financial assets measured at amortised cost.
2 Sundry income for the Company includes income from management fees charged to subsidiaries. The Group and Company amounts include other income on the submarine cable systems. Income on submarine cables consists of income for work done on behalf of the consortiums, income on operating cost, maintenance cost (direct cost) and travel fees related to the cable services. Sundry income for the Company increased mainly due to the increase in management fees as a result of the increase in Corporate Centre costs.
3 The decrease for the Group is primarily attributable to lower property sales compared to the prior year. In the prior year, the Group recorded a significant gain from the sale of properties previously included in the Gyro Properties portfolio, which had been earmarked for auction.
4 The increase in profit on disposal of contract assets is due to higher books sold in the current year. Refer to note 3.2.4.1 for details.