Is the CURRENT_YEAR variable based on our systems Financial Year?

Hi,
I have a report that uses the CURRENT_YEAR variable to filter data. The value of that variable is currently 2010, but our financial year starts on 1 October, so we are still in the 2009 finacial year?
My question is: Is the CURRENT_YEAR variable based on the Financial Year start date configured in our CRM instance? or is it a "global" variable which is the same for everyone regardless of their financial year start date.
Thanks.

In my customer, CURRENT_YEAR and CURRENT_MONTH returns the fiscal year and month...
Antonio

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