https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
Three Months Ended
December 31,
2021 2020
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 29.8 $ 0.32 $ 74.2 $ 0.81
Special items, after tax (Attachment 3) 24.0 0.26 (26.7) (0.29)
Adjusted net income / EPS - excluding special items $ 53.8 $ 0.58 $ 47.5 $ 0.52
(1) Per share amounts may not recalculate from figures presented herein due to rounding
Year Ended
December 31,
2021 2020
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 230.8 $ 2.51 $ 132.0 $ 1.46
Special items, after tax (Attachment 3) 50.0 0.54 24.8 0.27
Adjusted net income / EPS - excluding special items $ 280.8 3.05 $ 156.8 1.73
(1) Per share amounts may not recalculate from figures presented herein due to rounding
8
Attachment 2
Avient Corporation
Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
December 31,
Year Ended
December 31,
2021 2020 2021 2020
Sales $ 1,201.5 $ 997.0 $ 4,818.8 $ 3,242.1
Cost of sales 948.4 744.1 3,719.2 2,457.8
Gross margin 253.1 252.9 1,099.6 784.3
Selling and administrative expense 179.1 187.9 718.4 595.0
Operating income 74.0 65.0 381.2 189.3
Interest expense, net (17.5) (19.3) (75.3) (74.6)
Other (expense) income, net (5.4) 11.7 (1.3) 24.3
Income from continuing operations before income taxes 51.1 57.4 304.6 139.0
Income tax (expense) benefit (22.2) 17.3 (74.0) (5.2)
Net income from continuing operations 28.9 74.7 230.6 133.8
Income (loss) from discontinued operations, net of income taxes — 0.1 — (0.4)
Net income 28.9 74.8 230.6 133.4
Net loss (income) attributable to noncontrolling interests 0.9 (0.5) 0.2 (1.8)
Net income attributable to Avient common shareholders $ 29.8 $ 74.3 $ 230.8 $ 131.6
Earnings per share attributable to Avient common shareholders - Basic:
Continuing operations $ 0.33 $ 0.81 $ 2.53 $ 1.47
Discontinued operations — — — (0.01)
Total $ 0.33 $ 0.81 $ 2.53 $ 1.46
Earnings per share attributable to Avient common shareholders - Diluted:
Continuing operations $ 0.32 $ 0.81 $ 2.51 $ 1.46
Discontinued operations — — — (0.01)
Total $ 0.32 $ 0.81 $ 2.51 $ 1.45
Cash dividends declared per share of common stock $ 0.2375 $ 0.2125 $ 0.8750 $ 0.8200
Weighted-average shares used to compute earnings per common share:
Basic 91.5 91.4 91.4 90.1
Diluted 92.4 92.1 92.1 90.6
9
Attachment 3
Avient Corporation
Summary of Special Items (Unaudited)
(In millions, except per share data)
Special items (1)
Three Months Ended
December 31,
Year Ended
December 31,
2021 2020 2021 2020
Cost of sales:
Restructuring costs, including accelerated depreciation $ (6.0) $ (1.8) $ (14.6) $ (4.3)
Environmental remediation costs (0.5) (1.1) (22.9) (20.4)
Reimbursement of previously incurred environmental costs — — 4.5 8.7
Acquisition related costs 0.6 1.2 (0.6) (9.3)
Impact on cost of sales (5.9) (1.7) (33.6) (25.3)
Selling and administrative expense:
Restructuring, legal and other (4.2) (13.0) (5.9) (22.5)
Acquisition earn-out adjustments — 1.5 — (1.0)
Acquisition related costs (1.1) (1.4) (8.3) (24.9)
Impact on selling and administrative expense (5.3) (12.9) (14.2) (48.4)
Impact on operating income (11.2) (14.6) (47.8) (73.7)
Costs related to committed financing in interest expense, net — — — (10.1)
Other income, net — 0.1 0.1 0.4
Pension settlement/curtailment and mark-to-market adjustment (loss) gain (9.4) 10.3 (9.4) 17.2
Impact on income from continuing operations before income taxes (20.6) (4.2) (57.1) (66.2)
Income tax benefit (expense) on above special items 4.1 (1.3) 13.0 14.1
Tax adjustments(2) (7.5) 32.2 (5.9) 27.3
Impact of special items on net income from continuing operations
attributable to Avient Shareholders $ (24.0) $ 26.7 $ (50.0) $ (24.8)
Diluted earnings per common share impact of special items on net income
from continuing operations attributable to Avient shareholders $ (0.26) $ 0.29 $ (0.54) $ (0.27)
Weighted average shares used to compute adjusted earnings per share:
Diluted 92.4 92.1 92.1 90.6
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel
reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-
market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation
costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the
divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results
of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the
performance period; one-time, non-recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting
reported results
https://www.avient.com/sites/default/files/2022-08/Avient Candidates Data Privacy Notice Final - Spanish.pdf
También puede eliminar su
perfil de solicitante.
9.
https://www.avient.com/sites/default/files/2022-08/Avient Candidates Data Privacy Notice Final - Italian.pdf
Puoi anche eliminare il tuo profilo di candidato.
9.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Finland %28Finnish Translation%29.pdf
Jos Ostaja rikkoo tätä sopimusta tai ei suorita
velvollisuuksiaan sen mukaisesti, Myyjällä on oikeus (mutta ei
velvollisuutta) periä Ostajalta toiminnan aiheuttamien muiden
vahinkojen lisäksi: (i) Tuotteiden hinta Myyjän tilausvahvistuksessa
mainitun mukaisesti, jos Tuotteet ovat tuotettu nimenomaan
Ostajalle tai Tuotteet ovat sellaisia, ettei niitä kohtuudella voida
myydä Myyjän toimesta kolmannelle osapuolelle; tai (ii) jos
Tuotteet voidaan myydä kolmannelle osapuolelle, sopimussakkona
viisikymmentä prosenttia (50%) Tuotteiden hinnasta, joka on
mainittu Myyjän tilausvahvistuksessa.
9.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Hungary %28Hungarian Translation%29.pdf
Amennyiben a Vevő megszegi vagy nem teljesíti a szerződést, az Eladónak
jogában áll (de nem köteles) a Vevőtől behajtani a következőket, az ilyen cselekmény által okozott
egyéb károkon felül: (i) azokban az esetekben, amikor a Termékeket kifejezetten a Vevő számára
állították elő, vagy amikor az Eladó ésszerűen nem adhatja el a Termékeket harmadik félnek, a rendelés
visszaigazolásban meghatározott Termékek árát; vagy (ii) azokban az esetekben, amikor az Eladó
eladhatja a Termékeket, a rendelés visszaigazolásban meghatározott Termékek árának ötven
százalékát (50%) kártérítésként.
9.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
2) Tax adjustments include the net tax impact from non-recurring income tax items, adjustments to uncertain tax position reserves and the
establishment, reversal or changes to valuation allowances.
9
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
March 31, 2024 December 31, 2023
ASSETS
Current assets:
Cash and cash equivalents $ 444.3 $ 545.8
Accounts receivable, net 475.3 399.9
Inventories, net 354.0 347.0
Other current assets 117.1 114.9
Total current assets 1,390.7 1,407.6
Property, net 1,021.7 1,028.9
Goodwill 1,700.1 1,719.3
Intangible assets, net 1,546.5 1,590.8
Other non-current assets 217.1 221.9
Total assets $ 5,876.1 $ 5,968.5
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 9.6 $ 9.5
Accounts payable 428.3 432.3
Accrued expenses and other current liabilities 294.2 331.8
Total current liabilities 732.1 773.6
Non-current liabilities:
Long-term debt 2,069.4 2,070.5
Pension and other post-retirement benefits 66.3 67.2
Deferred income taxes 280.0 281.6
Other non-current liabilities 390.5 437.6
Total non-current liabilities 2,806.2 2,856.9
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 2,321.3 2,319.2
Noncontrolling interest 16.5 18.8
Total equity 2,337.8 2,338.0
Total liabilities and equity $ 5,876.1 $ 5,968.5
10
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Three Months Ended
March 31,
2024 2023
Operating activities
Net income $ 49.7 $ 20.4
Adjustments to reconcile net income to net cash used by operating activities:
Depreciation and amortization 43.8 48.7
Accelerated depreciation 0.5 1.8
Share-based compensation expense 3.3 3.2
Changes in assets and liabilities:
Increase in accounts receivable (81.9) (40.2)
(Increase) decrease in inventories (12.3) 3.8
Increase (decrease) in accounts payable 1.7 (9.9)
Accrued expenses and other assets and liabilities, net (47.6) (50.0)
Net cash used by operating activities (42.8) (22.2)
Investing activities
Capital expenditures (24.4) (20.3)
Net proceeds from divestiture — 7.3
Proceeds from plant closures 2.0 —
Other investing activities (2.1) —
Net cash used by investing activities (24.5) (13.0)
Financing activities
Cash dividends paid (23.5) (22.5)
Repayment of long-term debt (2.7) (0.8)
Other financing activities (1.9) (2.3)
Net cash used by financing activities (28.1) (25.6)
Effect of exchange rate changes on cash (6.1) 2.4
Decrease in cash and cash equivalents (101.5) (58.4)
Cash and cash equivalents at beginning of year 545.8 641.1
Cash and cash equivalents at end of period $ 444.3 $ 582.7
11
Attachment 6
Avient Corporation
Business Segment Operations (Unaudited)
(In millions)
Operating income and earnings before interest, taxes, depreciation and amortization (EBITDA) at the segment level does not
include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to
segments; intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not
included in the measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Czech Republic %28Czech Translation%29.pdf
V případě
porušení nebo neplnění ze strany Kupujícího je Prodávající oprávněn (nikoliv však povinen) požadovat po Kupujícím kromě
jakékoli jiné škody způsobené takovým jednáním: (i) v případě Výrobků vyrobených speciálně pro Kupujícího nebo Výrobků, které
Prodávající nemůže důvodně dále prodat třetí straně, cenu těchto Výrobků uvedenou v potvrzení objednávky; nebo (ii) v případě
Výrobků, které může Prodávající dále prodat, náhradu škody ve výši padesáti procent (50 %) ceny Výrobků uvedených v potvrzení
objednávky jako smluvní pokutu.
9.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France.pdf
Thereafter, Buyer automatically approves the invoice.
9.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
i
NOTICE OF 2024 ANNUAL MEETING OF SHAREHOLDERS
Thursday, May 16, 2024
9:00 a.m.
Please carefully review the proxy materials for the
Annual Meeting, which will be held virtually via live webcast on Thursday, May 16, 2024 at 9:00 a.m.
The Annual Meeting webcast will begin
promptly at 9:00 a.m.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Hindi.pdf
हमारी आचार
संहिता
2023
वि षय-सचू ी
सीईओ का संदेश 1
हमारा भविष्य-स्वप्न और रणनीति 2
मूलभूत और व्यक्तिगत मूल्य 2
हमार ी आचार सहंि ता
नैतिक व्यवहार के लिए दिशानिर्देश 4
व्यक्तिगत मूल्य 4
प्रश्नों को हल करना और गैर-अनुपालन स्थितियों
की सूचना देना 6
नैतिकता हॉटलाइन 6
गैर प्रतिशोध 6
संहिता का उल्लंघन 7
सभ ी का समम्ान
विविधता और समावेशन 9
भेदभाव या उत्पीड़न 9
कार्यस्थल के संबंध 9
मादक द्रव्यों का सेवन 10
शारीरिक सुरक्षा और कार्यस्थल पर हिंसा 10
काम पर ईमानदार ी
सटीक सूचना, डेटा और रिकॉर्ड 12
लेखांकन की सत्यनिष्ठा 12
कंपनी संचार 14
परिसंपत्तियों की सुरक्षा और उपयोग 14
मालिकाना और गोपनीय जानकारी, विचार और
बौद्धिक संपदा 14
गोपनीयता, व्यक्तिगत सूचना और डेटा संरक्षण 15
इंटरनेट और ई-मेल का उपयोग 15
सोशल मीडिया और सोशल नेटवर्किंग 15
कंप्यूटर सुरक्षा, सॉफ्टवेयर लाइसेंसिंग और कॉपीराइट 16
अंदरूनी सूचना और व्यापार 16
राजनीतिक चंदा/गतिविधियाँ और धर्मार्थ चंदा 17
सरकारी जांच और पूछताछ 17
हमार े वय्ापार म ें ईमानदार ी
अच्छा सौदा 19
रिश्वतखोरी और किकबैक 19
एजेंट और सलाहकार 20
प्रतिस्पर्धा 20
उपहार और आतिथ्य 21
हित का टकराव 21
स्व-व्यवहार 22
अंतर्राष्ट्रीय व्यापार 22
कॉरप्ोर टे सामाजि क जि मम् देार ी
सततता 24
सुरक्षा, स्वास्थ्य और पर्यावरण 24
उत्पाद और सेवा सुरक्षा 25
एक साझा प्रतिबद्धता 25
संसाधन और संपर्क जानकारी 26
1
विषय-सूची
स ीईओ का सदं शे
प्रिय Avient सहयोगियों,
एक विकास करती, वैश्विक कंपनी के हिस्से के रूप में, हम चुनौतीपूर्ण स्थितियों और जटिल निर्णय लेने का सामना कर रहे हैं।
9
विषय-सूची
वि वि धता और समाव शेन
Avient में, हमारे खुलेपन और विश्वास की शैली हमें
ईमानदारी से सभी चुनौतियों का सामना करने की अनुमति
देती है; यह प्रत्येक व्यक्ति के लिए हमारे मूल सम्मान में
आधारित है।