| Group | Company | |||||||||||
7. Investment income |
2015 Rm |
Restated
2014 Rm |
2015 Rm |
2014 Rm |
||||||||
| 283 | 163 | 506 | 387 | |||||||||
| Interest income | 283 | 160 | 280 | 157 | ||||||||
| Dividend income from subsidiaries | – | – | 226 | 230 | ||||||||
| Equity income from associate | – | 3 | – | – | ||||||||
Investment income increased as a result of higher cash balances held by the group.
Interest income relates to interest earned from financial assets not measured at fair value through profit or loss. Interest is recognised on a time proportionate basis taking into account the principal amount outstanding and the effective interest rate.
Dividends from investments are recognised on the date that the group is entitled to the dividend.