5. Other income
 
  Group  Company
  31 March
2021
Rm

31 March
2020
Rm
31 March
2021
Rm

31 March
2020
Rm
  619 676 1 018 1 577
Interest received from trade receivables1 151 128 108 78
Sundry income2 401 530 839 1 493
Profit on disposal of assets3 67 18 71 6
1 Interest received on trade receivables relates to interest on overdue trade receivables accounts. These are financial assets measured at amortised cost. Interest is recognised on a time proportionate basis, taking into account the principal amount outstanding and effective interest rate.
3 Sundry income for Telkom Company includes income from management fees charged to subsidiaries.
2 Included in the current year profit on disposal of assets for Group and Company is a gain on disposal of contract assets to the amount of R63 million.