Table:
| £m | 2019 | 2018 |
| --- | --- | --- |
| Net investment in finance lease | 0.8 | 1.2 |
| Amounts owed by members of Peel | 0.3 | 0.3 |
| Amounts owed to members of Peel | (0.1) | (0.1) |
Paragraphs:
35 Related party transactions (continued)
Balances outstanding between the Group and members of Peel at 31 December 2019 and 31 December 2018 are shown below:
Under the terms of the Group’s acquisition of intu Trafford Centre from Peel in 2011, Peel has provided a guarantee in respect of Section 106 planning obligation liabilities at Barton Square which at 31 December 2019 totalled £13.0 million (2018: £12.4 million).
The net investment in finance leases above relate to three advertising services agreements related to digital screens with Peel Advertising Limited (a member of Peel) under which Peel will procure advertising on behalf of the Group. The minimum fixed payments in these agreements have been classified as a finance lease.
During the year intu shareholders approved, at a General Meeting held on 31 May 2019, the sale to the Peel Group of a 30.96 acre site near intu Braehead known as King George V docks (West) and additional plots of adjacent ancillary land for cash consideration of £6.1 million.
Other transactions
During the year, the Group sold a wholly owned subsidiary, which holds a plot of sundry land near intu Xanadú, to the intu Xanadú joint venture for consideration of £8.6 million. Consideration includes cash consideration of £4.3 million and a retained interest in the entity through the intu Xanadú joint venture. The cash flow statement records a net inflow of £4.0 million comprising the cash consideration less cash in the business of £0.3 million.
Question:
What are minimum fixed payments classified as?
Answer: finance lease