Financial Highlights
9M2018#
FY2017
Restated†
 #
FY2016
US$m US$m US$m
Revenue 13,984 17,337 15,764
Profit after tax 1,285 1,909 1,498
Underlying profit attributable to shareholders* 675 769 679
Profit attributable to shareholders 375 939 702
Shareholders’ funds 5,958 6,408 5,755
US¢ US¢ US¢
Underlying earnings per share* 171 195 172
Earnings per share 95 238 178
Dividend per share 18 86 74
US$ US$ US$
Net asset value per share 15.07 16.21 14.56
9M2018#
FY2017
Restated†

#

FY2016
S$m S$m S$m
Revenue 18,763 23,851 21,806
Profit after tax 1,724 2,626 2,072
Underlying profit attributable to shareholders* 906 1,058 939
Profit attributable to shareholders 503 1,292 971
Shareholders’ funds 8,149 8,567 8,315
Underlying earnings per share* 229 268 238
Earnings per share 127 327 246
Dividend per share 24 118 106
S$ S$ S$
Net asset value per share 20.62 21.68 21.04

The exchange rate of US$1=S$1.37 (31st December 2017: US$1=S$1.34, 31st December 2016: US$1=S$1.44) was used for translating assets and liabilities at the balance sheet date and US$1=S$1.34 (2017: US$1=S$1.38, 2016:US$1.38) was used for translating the results for the period.

† The accounts have been restated due to changes in accounting policies upon adoption of IFRS 9 ‘Financial Instruments’ and IFRS 15 ‘Revenue from Contracts with Customers’.

*The Group uses underlying profit in its internal financial reporting to distinguish between ongoing business performance and non-trading items. Items classified as non-trading items include fair value gains or losses on revaluation of investment properties and agricultural produce; gains and losses arising from sale of businesses, investments and properties; impairment of non-depreciable intangible assets and other investments; provisions for closure of businesses; acquisition-related costs in business combinations and other credits and charges of a non-recurring nature that require inclusion in order to provide additional insight into the Group’s underlying business performance.