Dealer /manufacturer accounting

I have come across the below information in the IFRS 16 – manufacturer /dealer lessor accounting.
In this case of finance lease, I’m wondering is it actually applying the principle of IFRS 15 where there are two performance obligations here, being the transfer of asset (PO satisfied at a point of time) and the provision of finance across the lease term(PO satisfied over time). Is this the case? Are they the same?

“Manufacturers or dealers often offer to customers the choice of either buying or leasing an asset. A finance lease of an asset by a manufacturer or dealer lessor gives rise to two types of income:

(a)profit or loss equivalent to the profit or loss resulting from an outright sale of the asset being leased, at normal selling prices, reflecting any applicable volume or trade discounts; and

(b)finance income over the lease term. [FRS 102.20.20]

The sales revenue recognised at the commencement of the lease term by a manufacturer or dealer lessor is the fair value of the asset or, if lower, the present value of the minimum lease payments accruing to the lessor, computed at a market rate of interest. The cost of sale recognised at the commencement of the lease term is the cost, or carrying amount if different, of the leased asset less the present value of the unguaranteed residual value. The difference between the sales revenue and the cost of sale is the selling profit, which is recognised in accordance with the entity’s policy for outright sales. [FRS 102.20.21]”