{"SeasonModeName":"Easter","SeasonLanguageSelectorLabel":"Easter","SeasonEnabled":null,"SweepstakeModeName":null,"SweepstakeLanguageSelectorLabel":"Easter","SweepstakeEnabled":true,"SweepstakeID":"5","TotalNoOfGifts":"5","InfoTitle":"Celebrate <em class=\"text-sweepstake\">Easter</em> with us!","InfoSubtitle":"How it works:","InfoText":"We have hidden Easter eggs on MPULSE. Find all five and qualify for our competition!","InfoTitleClose":"Search for Easter eggs now","InfoTerms":"Terms & Conditions","InfoSeasonMode":"Celebrate Easter with us on a fresh, green spring morning. 🥚🐰🌱 If you don't feel like celebrating, you can change the mode at any time here or in the main navigation.","InfoSeasonModeTrigger":"Activate Easter mode","Prize1Value":"","Prize2Value":"50 €","Prize3Value":"25 €","Prize1Description":"<span>5x Table lamp (set of two)</span>","Prize2Description":"3x METRO BOX","Prize3Description":"5x VOUCHER","GiftFoundTitle":"You've found an Easter egg!","GiftFoundThisWasText":"This was","GiftFoundText":"Discover the remaining Easter eggs on other pages or articles of MPULSE and, with a bit of luck, win great prizes!","Gift":"Easter egg","GiftFound":"found","OutOf":"of","Continue":"Continue","AllGiftsFoundTitle":"You've found all the Easter eggs!","AllGiftsFoundText":"<em class=\"text-sweepstake\">Great prizes</em> are waiting for you!","GoToForm":"Enter the sweepstake","SweepStakeInfoLink":"Details","CompetitionPageURL":"/en/sweepstake","PrivacyPage":"/en/data-privacy/conditions-of-participation-sweepstake","SweepstakePopoverTitle":"Easter Mode","Prize1Image":"/-/media/project/mag/corporate/mpulse/prize/prize-1.png?w=300&rev=dc4c7e5f-f4ad-4ac2-8c39-91a8db8f7538","Prize2Image":"/-/media/project/mag/corporate/mpulse/prize/prize-2.jpg?w=300&rev=7d344ffe-bbac-4a56-99a0-164311831273","Prize3Image":"/-/media/project/mag/corporate/mpulse/prize/prize-3.jpg?w=300&rev=08571f4e-feee-433b-b6e9-177eed0bdb1c","Item":null,"PageItem":null,"Rendering":null,"DataSourceItem":null,"CssClasses":null,"MessageEditHere":null,"MessageIsEmpty":null,"HeadingTag":null,"IsControlEditable":false,"IsEdit":false,"RenderingWebEditingParams":null,"Attributes":{}}

Previous year

The previous year describes the twelve months of the last financial year. It is a useful way of clarifying comparisons, trends and performance in business development.

What’s it all about?

  • Significance of previous year in the context of annual reports

Previous year is the term for the last financial year comprising a period of twelve months. The previous year that came before the current reporting period is often a reference period for information in annual reports. Usually, the previous year is used to enable the transparent presentation of comparisons, trends and performance in business development.

Key figures that are used to compare financial years include EBIT, EBITDA and Return on capital employed (RoCE).

METRO refers to the previous year in its current annual report.