The paper puts forward the method that is more perfect in theory by considering losses in financial year as the time difference.

以年度亏损弥补视同时间性差异为前提，提出了理论上更为完善的处理方法。

youdao

The company suffered huge losses in the last financial year.

公司在上一财政年度出现巨额亏损。

《牛津词典》

However, the club feel they are currently on course to more than halve their losses in the next financial year.

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Realizing capital losses in the current year is not only advantageous from a financial perceptive, but it also reduces the emotional regret of watching a losing investment every day.

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For the year to date, the Challenger employment report announced employers have announced 587, 592 job cuts, down 8.1% from 639, 229 announced at this point last year, with housing-related losses in the financial, construction, and real estate sectors accounting for 97, 509 of the pink slips.

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