https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,”
“plan,” “believe,” and other words and terms of similar meaning in connection with any discussion
of future operating or financial condition, performance and/or sales.
This is due to the inherent difficulty of forecasting the timing and amount of
certain items, such as, but not limited to, restructuring costs, environmental remediation costs,
acquisition related costs, and other non-routine costs.
2) Tax adjustments include the net tax benefit/(expense) from one-time income tax items, the set-up or reversal of uncertain tax position reserves
and deferred income tax valuation allowance adjustments.
8
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
March 31, 2022
December 31,
2021
ASSETS
Current assets:
Cash and cash equivalents $ 562.6 $ 601.2
Accounts receivable, net 757.9 642.3
Inventories, net 475.4 461.1
Other current assets 131.0 122.4
Total current assets 1,926.9 1,827.0
Property, net 661.9 676.1
Goodwill 1,283.4 1,286.4
Intangible assets, net 904.1 925.2
Operating lease assets, net 67.1 74.1
Other non-current assets 200.3 208.4
Total assets $ 5,043.7 $ 4,997.2
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 607.5 $ 8.6
Accounts payable 642.3 553.9
Current operating lease obligations 21.7 24.2
Accrued expenses and other current liabilities 284.8 353.9
Total current liabilities 1,556.3 940.6
Non-current liabilities:
Long-term debt 1,250.2 1,850.3
Pension and other post-retirement benefits 98.5 100.0
Deferred income taxes 99.4 100.6
Non-current operating lease obligations 45.9 50.1
Other non-current liabilities 164.1 165.1
Total non-current liabilities 1,658.1 2,266.1
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 1,813.2 1,774.7
Noncontrolling interest 16.1 15.8
Total equity 1,829.3 1,790.5
Total liabilities and equity $ 5,043.7 $ 4,997.2
9
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Three Months Ended
March 31,
2022 2021
Operating Activities
Net income $ 84.5 $ 79.7
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 35.7 36.6
Accelerated depreciation and amortization 2.1 0.5
Share-based compensation expense 3.2 2.7
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (118.8) (137.6)
Increase in inventories (15.1) (35.1)
Increase in accounts payable 90.5 67.3
Decrease in pension and other post-retirement benefits (4.0) (7.1)
Decrease in accrued expenses and other assets and liabilities, net (59.2) (3.4)
Net cash provided by operating activities 18.9 3.6
Investing activities
Capital expenditures (13.3) (16.5)
Other investing activities — (2.0)
Net cash used by investing activities (13.3) (18.5)
Financing activities
Purchase of common shares for treasury (15.8) (4.2)
Cash dividends paid (21.7) (19.5)
Repayment of long-term debt (2.4) (2.3)
Payments of withholding tax on share awards (3.9) (3.1)
Net cash used by financing activities (43.8) (29.1)
Effect of exchange rate changes on cash (0.4) (11.0)
Decrease in cash and cash equivalents (38.6) (55.0)
Cash and cash equivalents at beginning of year 601.2 649.5
Cash and cash equivalents at end of period $ 562.6 $ 594.5
10
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/resources/Terms_and_Conditions_regarding_Resale_of_PolyOne_Products.pdf
No other terms and conditions whatsoever shall have any effect unless subsequently agreed to in a
document signed by both parties.
1.
Buyer will not remove or alter any Trademarks, numbers or other means of identification
on Products or the Product packaging.
7.
Buyer shall not place material obtained from a manufacturer other than PolyOne into containers
labeled for PolyOne-sourced Product, nor shall Buyer sell or represent as Product any materials made
by a manufacturer other than PolyOne.
8.
https://www.avient.com/sites/default/files/2022-08/Avient Candidates Data Privacy Notice Final - English.pdf
This
will enable Avient to notify you of other interesting positions for which you may be qualified.
When you send your resume, CV, job application and other information directly to us via
email;
• Using Social Media.
Other group companies will receive your data on a need-to-know basis in order to process
your application.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
Avient may
authorize any other Avient Affiliate to fulfill the
payment due by Avient.
Avient is allowed to provide sub-
licenses to other Avient Affiliates.
17.
All Required
Insurance must be primary and be required to
respond and pay prior to any other available
coverage.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_USA.pdf
We must also accept
feedback from others in the same manner.
Accounting Integrity
Avient’s shareholders and other stakeholders rely upon
the integrity of the Company’s financial reports and other
financial information.
Ask your supervisor or some other
experienced person for advice.
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
Risk Factors" for discussion of
matters pertaining to other regulation.
We face competition from other companies.
OTHER INFORMATION
None.
https://www.avient.com/sites/default/files/2022-02/Sustainability ESG Disclosures_Antimony Trioxide.pdf
However, it can react with other materials in the soil and water to form other
compounds.
Antimony trioxide that enters the soil will likely react with any iron, aluminum and manganese compounds
that might be present in the soil to form other antimony compounds.
ATO that is released will collect on
hard surfaces and could potentially mix with soil or other porous surfaces.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Indonesia %28English translation%29.pdf
Any additional, different or other terms and/or
conditions contained in any purchase order, document, website or
other communication by or from Buyer are hereby objected to and
rejected by Seller.
In the event of any claimed conflict between these
Terms and any other document not signed by Seller, these Terms
shall control.
Title and Risk of Loss; Other Risks.
https://www.avient.com/sites/default/files/resources/PolyOne_English-Thai_Terms_and_Conditions.pdf
Seller makes no other warranties
extending beyond the description of the
Product, whether used alone or in
combination with any other substance or in
any process.
1.
In no event will either party have
liability to the other for any incidental,
consequential, exemplary or special
damages.
2.
Buyer will reimburse Seller for all
governmental, provincial, municipal, local or
other taxes (other than income taxes), excises
or charges, including superfund taxes and fees,
which Seller must pay in connection with the
manufacture and supply of the Product, but
only those amounts not already included in the
price at the commencement of this contract.
7.
https://www.avient.com/sites/default/files/2022-07/Avient Announces Second Quarter 2022 Results_1.pdf
The comprehensive online publication highlights progress made
toward Avient’s 2030 Sustainability Goals, along with other news and information on ESG
matters.
They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,”
“plan,” “believe,” and other words and terms of similar meaning in connection with any discussion
of future operating or financial condition, performance and/or sales.
This is due to the inherent difficulty of forecasting the timing and amount of
certain items, such as, but not limited to, restructuring costs, environmental remediation costs,
acquisition related costs, and other non-routine costs.