6 Financing structure and commitments
6.1 Investment income
 
  Group Company
  31 March
2023
Rm
31 March
2022
Rm
31 March
2023
Rm
31 March
2022
Rm
Investment income 148 144 1 057 4 163
Interest income 148 122 512 50
Dividend income from subsidiaries – – 545 4 091
Dividend income from third-party – 22 – 22
  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.
  In the current financial year, the Group and Company received a dividend of Rnil (31 March 2022: R22 million) from the Mutual and Federal third‑party cell captive.