https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-turk-a4.pdf
İlgili ürün
pazarında bir tekel gücü veya yüksek bir pazar payı
varsa bu özellikle önemli bir husustur.
5.
Pazar gücü, genellikle fiyatları kontrol etme veya
diğerlerini pazar dışı bırakma gücüdür.
5
Fiyat Farklılaştırması Nedir?
Ayrıca,
gelecekte kuşku uyandırabilecek her bağımsız
iş kararının gerekçesini belgelendirin, böylelikle
kayıtlar, bu kararın bir rakiple yapılan bir anlaşma
uyarınca alınmadığı konusunda açık olacaktır.
5.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-pol-a4.pdf
Jest to
szczególnie istotne w przypadku monopolistycznej
pozycji lub dużego udziału we właściwym rynku
produktowym.
5.
Siła rynkowa oznacza
zazwyczaj władzę kontrolowania cen lub
wykluczania innych z rynku.
5
Czym jest dyskryminacja cenowa?
Dokumentuj również podstawę każdej niezależnej
decyzji biznesowej, która w przyszłości może być
przedmiotem podejrzeń, tak aby ewidencja jasno
wykazała, że nie została ona podjęta zgodnie z
umową z konkurentem.
5.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-indo-a4.pdf
Ini merupakan masalah khususnya jika terdapat
kekuatan monopoli atau pangsa pasar yang tinggi di
pasar barang terkait.
5.
Kekuatan
pasar umumnya merupakan kekuatan untuk
mengendalikan harga atau mengecualikan pihak
lain dari pasar.
5
• Tanggung Jawab Pembeli—Setiap transaksi saat
Perusahaan dengan sengaja menerima, atau
secara sengaja mencoba menerima, harga atau
persyaratan penjualan diskriminatif dari pemasok.
Selain
itu, dokumentasikan dasar setiap keputusan
bisnis independen yang ke depannya dapat
dicurigai, sehingga terdapat catatan yang jelas
bahwa keputusan itu tidak dicapai berdasarkan
kesepakatan dengan pesaing.
5.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France %28French Translation%29.pdf
Dans la limite de l’article 5, le Vendeur garantit à l’Acheteur la pleine et entière propriété
du Produit et que le Produit est conforme, au moment de l'expédition, à un certificat d'analyse ou à
un certificat de conformité, si l'un de ces documents existe, et à toute autre spécification signée par
le Vendeur (la, les « Spécification(s) »).
De
même, le Vendeur ne donne aucune garantie, expresse ou implicite, y compris, mais sans s'y
limiter, les garanties implicites de qualité marchande et d'adéquation à un usage particulier, en
ce qui concerne les échantillons ou le matériel de développement.
5.
Tout retard
de paiement portera intérêts contractuels au taux de cinq (5) fois le taux d’intérêt légal de l’année en
cours.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
Time horizon covered by the financial
planning process for Direct Costs: short term to 5 years out.
Time horizon covered by the financial planning process for Capital Expenditures: short
term to 5 years out.
Time horizon covered by the financial
planning process for Capital Allocations: short term to 5 years out.
https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
Avon Lake, Ohio 5.
McHenry, Illinois 5.
Diez, Germany 5.
https://www.avient.com/sites/default/files/2022-05/DOC 1879.pdf
TABLE OF CONTENTS PAGE
1.0 QUALITY POLICY……………………………………………………………….. 4
2.0 AVIENT BUSINESS & QMS ALIGNMENT………………………………………. 5
3.0 CUSTOMER FOCUS PROCESS………………………………………………… 6
4.0 SCOPE OF STANDARD QUALITY RESPONSE…………………………….. 7 - 8
5.0 COMPANY INFORMATION…………………………………………………… 9
6.0 IT SECURITY………………………………………………………………….. 10
7.0 ENIVIRONMENTAL HEALTH, SAFETY & SECURITY………………………. 10
8.0 TECHNOLOGY…………………………………………………………………. 11
9.0 REGULATORY & STATUTORY REQUIREMENTS…………………………….. 11
10.0 QUALITY MANAGEMENT SYSTEM……………………………………………… 12
10.1 GENERAL…………………………………………………………………… 13
10.2 FACILITY & MAINTENANCE…………………………………………… 14
10.3 CONTROL OF MONITORING & MEASURING DEVICES……………… 14
10.4 MANUFACTORING, PRODUCTION & PROCESS CONTROLS…………….. 15
10.5 NONCONFORMING MATERIALS……………………………………… 15
10.6 MATERIALS, STORAGE, HANDLING & TRACABILITY……………. 16
10.7 PACKAGING, SHIPPING & DISTRIBUTION…………………………… 16
10.8 QUALITY CONTROL TESTING………………………………………….. 17
11.0 CONTINUOUS IMPROVEMENT…………………………………………… ........ 17
11.1 FIGURE B.
This document is property of Avient
Corporation and may not be reproduced or communicated to third parties without authorization.
1.0 Avient Quality Policy
Approved
Corporate : Template/Form
Document #: DOC-01879 Revision: 8
Document
Owners:
Brian Hoar Effective Date: May 13, 2022
Title: QF-02 Quality Standard Response
Page 5 of 19
Only the electronic version of this document in ETQ is the controlled version of the document.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
# #
https://www.avient.com/
5
Forward-looking Statements
In this press release, statements that are not reported financial results or other historical
information are “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995.
2) Tax adjustments include the net tax benefit/(expense) from one-time income tax items, adjustments to uncertain tax position reserves and
deferred income tax valuation allowances.
10
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets (Unaudited)
(In millions)
Year Ended
December 31,
2021 2020
ASSETS
Current assets:
Cash and cash equivalents $ 601.2 $ 649.5
Accounts receivable, net 642.3 516.6
Inventories, net 461.1 327.5
Other current assets 128.1 108.5
Total current assets 1,832.7 1,602.1
Property, net 676.1 694.9
Goodwill 1,286.4 1,308.1
Intangible assets, net 925.2 1,008.5
Operating lease assets, net 74.1 80.9
Other non-current assets 208.4 176.0
Total assets $ 5,002.9 $ 4,870.5
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 8.6 $ 18.6
Accounts payable 553.9 471.7
Current operating lease obligations 24.2 25.1
Accrued expenses and other current liabilities 359.6 285.6
Total current liabilities 946.3 801.0
Non-current liabilities:
Long-term debt 1,850.3 1,854.0
Pension and other post-retirement benefits 100.0 115.0
Deferred income taxes 100.6 140.0
Non-current operating lease obligations 50.1 56.0
Other non-current liabilities 165.1 192.8
Total non-current liabilities 2,266.1 2,357.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 1,774.7 1,697.1
Noncontrolling interest 15.8 14.6
Total equity 1,790.5 1,711.7
Total liabilities and equity $ 5,002.9 $ 4,870.5
11
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Year Ended
December 31,
2021 2020
Operating activities
Net income $ 230.6 $ 133.4
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 144.2 111.8
Accelerated depreciation 1.7 3.2
Share-based compensation expense 11.2 11.3
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (143.1) (4.6)
(Increase) decrease in inventories (139.5) 40.2
Increase in accounts payable 95.3 78.4
(Decrease) increase in pension and other post-retirement benefits (10.9) 30.7
Increase in post-acquisition earnout liabilities — 1.0
Increase (decrease) in accrued expenses and other assets and liabilities, net 44.3 (3.7)
Taxes paid on gain on divestiture — (142.0)
Payment of post-acquisition date earnout liability — (38.1)
Net cash provided by operating activities 233.8 221.6
Investing activities
Capital expenditures (100.6) (63.7)
Business acquisitions, net of cash acquired (47.6) (1,380.2)
Net proceeds from divestiture — 7.1
Other investing activities (2.0) 5.2
Net cash used by investing activities (150.2) (1,431.6)
Financing activities
Debt offering proceeds — 650.0
Purchase of common shares for treasury (4.2) (22.4)
Cash dividends paid (77.7) (71.3)
Repayment of long-term debt (18.5) (7.8)
Payments on withholding tax on share awards (10.7) (2.3)
Debt financing costs — (9.5)
Equity offering proceeds, net of underwriting discount and issuance costs — 496.1
Payment of acquisition date earnout liability — (50.8)
Other financing activities (3.5) —
Net cash (used) provided by financing activities (114.6) 982.0
Effect of exchange rate changes on cash (17.3) 12.8
Decrease in cash and cash equivalents (48.3) (215.2)
Cash and cash equivalents at beginning of year 649.5 864.7
Cash and cash equivalents at end of year $ 601.2 $ 649.5
12
Attachment 6
Avient Corporation
Business Segment Operations (Unaudited)
(In millions)
Operating income 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/2021-07/avnt-q2-2021-earnings-release.pdf
For the same reasons, the Company is unable to address the probable
significance of the unavailable information.
5
Investor Relations Contact:
Giuseppe (Joe) Di Salvo
Vice President, Treasurer and Investor Relations
Avient Corporation
+1 440-930-1921
giuseppe.disalvo@avient.com
Media Contact:
Kyle G.
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.
9
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
June 30, 2021
December 31,
2020
ASSETS
Current assets:
Cash and cash equivalents $ 616.2 $ 649.5
Accounts receivable, net 705.2 516.6
Inventories, net 412.5 327.5
Other current assets 124.2 108.5
Total current assets 1,858.1 1,602.1
Property, net 680.1 694.9
Goodwill 1,281.7 1,308.1
Intangible assets, net 944.9 1,008.5
Operating lease assets, net 87.3 80.9
Other non-current assets 195.3 176.0
Total assets $ 5,047.4 $ 4,870.5
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 18.8 $ 18.6
Accounts payable 574.6 471.7
Current operating lease obligations 24.9 25.1
Accrued expenses and other current liabilities 316.0 285.6
Total current liabilities 934.3 801.0
Non-current liabilities:
Long-term debt 1,852.2 1,854.0
Pension and other post-retirement benefits 112.6 115.0
Non-current operating lease obligations 62.8 56.0
Other non-current liabilities 299.1 332.8
Total non-current liabilities 2,326.7 2,357.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 1,768.2 1,697.1
Noncontrolling interest 18.2 14.6
Total equity 1,786.4 1,711.7
Total liabilities and equity $ 5,047.4 $ 4,870.5
10
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Six Months Ended
June 30,
2021 2020
Operating Activities
Net income $ 149.1 $ 56.0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 69.5 40.8
Accelerated depreciation and amortization 1.4 —
Share-based compensation expense 5.6 5.7
Changes in assets and liabilities, net of the effect of acquisitions:
(Increase) decrease in accounts receivable (196.1) 16.8
(Increase) decrease in inventories (88.1) 17.4
Increase (decrease) in accounts payable 108.4 (23.5)
Decrease in pension and other post-retirement benefits (9.2) (12.7)
Increase (decrease) in accrued expenses and other assets and liabilities, net 27.5 (3.5)
Payment of post-acquisition date earnout liability — (21.0)
Net cash provided by operating activities 68.1 76.0
Investing activities
Capital expenditures (42.1) (21.3)
Net proceeds from divestiture — 7.1
Net cash proceeds provided by other assets (2.0) 5.2
Net cash used by investing activities (44.1) (9.0)
Financing activities
Debt offering proceeds — 650.0
Purchase of common shares for treasury (4.2) (13.6)
Cash dividends paid (38.8) (34.3)
Repayment of long-term debt (4.4) (4.2)
Payments of withholding tax on share awards (4.2) (1.6)
Debt financing costs — (9.7)
Equity offering proceeds, net of underwriting discount and issuance costs — 496.1
Payment of acquisition date earnout liability — (32.9)
Net cash (used) provided by financing activities (51.6) 1,049.8
Effect of exchange rate changes on cash (5.7) (4.5)
(Decrease) increase in cash and cash equivalents (33.3) 1,112.3
Cash and cash equivalents at beginning of year 649.5 864.7
Cash and cash equivalents at end of period $ 616.2 $ 1,977.0
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/2023-11/AVNT Q3 2023 Earnings Press Release.pdf
https://www.avient.com/
5
Forward-looking Statements
In this press release, statements that are not reported financial results or other historical
information are "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995.
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.
10
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
September 30, 2023
December 31,
2022
ASSETS
Current assets:
Cash and cash equivalents $ 439.6 $ 641.1
Accounts receivable, net 436.9 440.6
Inventories, net 349.6 372.7
Other current assets 138.2 115.3
Total current assets 1,364.3 1,569.7
Property, net 978.2 1,049.2
Goodwill 1,681.3 1,671.9
Intangible assets, net 1,563.0 1,597.6
Other non-current assets 202.9 196.6
Total assets $ 5,789.7 $ 6,085.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 9.5 $ 2.2
Accounts payable 389.5 454.4
Accrued expenses and other current liabilities 328.1 412.8
Total current liabilities 727.1 869.4
Non-current liabilities:
Long-term debt 2,070.8 2,176.7
Pension and other post-retirement benefits 65.1 67.2
Deferred income taxes 293.2 342.5
Other non-current liabilities 337.6 276.4
Total non-current liabilities 2,766.7 2,862.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 2,276.9 2,334.5
Noncontrolling interest 19.0 18.3
Total equity 2,295.9 2,352.8
Total liabilities and equity $ 5,789.7 $ 6,085.0
11
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Nine Months Ended
September 30,
2023 2022
Operating Activities
Net income $ 47.8 $ 158.5
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 142.6 110.3
Accelerated depreciation 1.9 4.0
Share-based compensation expense 9.7 9.5
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (5.7) (66.5)
Decrease (increase) in inventories 16.5 (12.5)
(Decrease) increase in accounts payable (59.1) 43.5
Taxes paid on gain on sale of business (104.1) —
Accrued expenses and other assets and liabilities, net (2.5) (22.9)
Net cash provided by operating activities 47.1 223.9
Investing activities
Capital expenditures (75.0) (55.1)
Business acquisitions, net of cash acquired — (1,426.1)
Settlement of foreign exchange derivatives — 93.3
Net proceeds from divestiture 7.3 —
Other investing activities 2.3 —
Net cash used by investing activities (65.4) (1,387.9)
Financing activities
Debt proceeds — 1,300.0
Purchase of common shares for treasury — (36.4)
Cash dividends paid (67.6) (65.2)
Repayment of long-term debt (103.8) (6.8)
Debt financing costs (2.3) (49.3)
Other financing (2.3) (4.2)
Net cash (used) provided by financing activities (176.0) 1,138.1
Effect of exchange rate changes on cash (7.2) (30.9)
Decrease in cash and cash equivalents (201.5) (56.8)
Cash and cash equivalents at beginning of year 641.1 601.2
Cash and cash equivalents at end of period $ 439.6 $ 544.4
12
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.