Financial Highlights
9M2019
Restated†
FY2018
FY2017
US$m US$m US$m
Revenue 13,909 18,992 17,337
Profit after tax 1,535 1,576 1,909
Underlying profit attributable to shareholders* 614 856 770
Profit attributable to shareholders 729 418 939
Shareholders’ funds 6,626 6,144 6,408
US¢ US¢ US¢
Underlying earnings per share* 155 217 195
Earnings per share 184 106 238
Dividend per share 18 87 86
US$ US$ US$
Net asset value per share 16.77 15.55 16.22
9M2019
Restated†
FY2018
FY2017
S$m S$m S$m
Revenue 18,991 25,637 23,851
Profit after tax 2,096 2,127 2,626
Underlying profit attributable to shareholders* 838 1,156 1,059
Profit attributable to shareholders 995 564 1,292
Shareholders’ funds 9,156 8,392 8,567
Underlying earnings per share* 212 293 268
Earnings per share 251 143 327
Dividend per share 25 117 118
S$ S$ S$
Net asset value per share 23.17 21.24 21.69

The exchange rate of US$1=S$1.38 (31st December 2018: US$1=S$1.37, 31st December 2017: US$1=S$1.34) was used for translating assets and liabilities at the balance sheet date and US$1=S$1.37 (2018: US$1=S$1.35, 2017: US$1=S$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 16 Leases.

*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, agricultural produce and equity investments which are measured at fair value through profit and loss; gains and losses arising from the 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.