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Investor Presentaiton

Senatsverwaltung für Finanzen Berlin 2015 1 402 - 283 1 159 Debt Brake - ahead of target The Berlin government closed 2012 with a balanced budget - four years ahead of targeted government policy -488 - 413 zero net new borrowing in 2015 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Million Euros Investor Presentation March 2015 Page 11 German debt brake Senatsverwaltung für Finanzen bei Berlin
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