Notes to the financial statements | Note 6.1

6. Financing structure and commitments
6.1 Investment income
 
  Group Company
  31 March
2026
Rm		 31 March
2025
Rm		 31 March
2026
Rm		 31 March
2025
Rm
Investment income 431 369 1 925 2 408
Interest income 431 339 1 123 1 149
Dividend income from subsidiaries — — 802 1 229
  Dividend received in cash — — 547 1 189
  Non-cash dividend — — 255 40
Dividend income from insurance cell captive — 30 — 30

Interest income relates to interest earned from financial assets (cash and cash equivalents and loans) measured at amortised cost. Interest is recognised on a time proportionate basis, taking into account the principal amount outstanding and the effective interest rate.

The decrease in the dividend received by the Company is mainly due to dividends received as a result of the sale of Swiftnet in the prior year.

R255 million (31 March 2025: R40 million) of the dividends declared by Gyro were non-cash and were net settled through the entities' intercompany accounts.