In 2015, EnBW achieved an adjusted EBITDA of around 2.1 billion euro (minus 2.7 percent). The adjusted Group net profit attributable to the shareholders of EnBW AG of around 125 million euro in the reporting period was significantly higher than the figure in the previous year of -466 million euro. Free cash flow increased in the reporting period by around 120 percent to 726 million euro. The adjusted net debt fell by around 1.2 billion euro in 2015 to 6.7 billion euro. For 2016 the adjusted EBITDA at a Group level is expected to lie between -5 percent and -10 percent below the level achieved in 2015.