https://www.avient.com/sites/default/files/resources/PolyOne%25202011%2520Annual%2520Report.pdf
$
D
O
L
L
A
R
S
2007 2008 2009 2010 2011
.25
.50
.75
1.00
1.25
ADJUSTED EARNINGS PER SHARE^
278%
INCREASE
SINCE 2007
%
O
F
O
P
E
R
A
T
IN
G
I
N
C
O
M
E
2007 2008 2009 2010 2011
20
40
60
80
100
OPERATING MIX SHIFT*
JOINT
VENTURES
PP&S
DISTRIBUTION
SPECIALT Y
P
E
R
C
E
N
TA
G
E
2007 2008 2009 2010 2011
1.5
3.0
4.5
6.0
7.5
ADJUSTED RETURN ON SALES∆
*Operating Income excludes Corporate Charges
OPERATIONAL PERFORMANCE
SPECIALTY PLATFORM OPERATING INCOME
$
M
IL
L
IO
N
S
20
40
60
80
100
2007 2008 2009 2010 2011
192%
INCREASE
SINCE 2007
91%
INCREASE
SINCE 2007
^EPS excluding special items and equity income from SunBelt
SAFETY — INJURY INCIDENCE RATEº
2007 2008 2009 2010 2011
.25
.50
.75
1.0
1.25 “WORLD-CLASS”
PERFORMANCE
IN
JU
R
Y
IN
C
ID
E
N
C
E
R
A
T
E
ºNumber of injuries per 100 full-time associates
P
E
R
C
E
N
TA
G
E
2007 2008 2009 2010 2011
4
8
12
16
20
WORKING CAPITAL† — PERCENTAGE OF SALES
“BEST-IN-CLASS”
WORKING CAPITAL
MANAGEMENT
† Working capital is defined as accounts receivable plus inventories
minus accounts payable
∆Operating income as a percentage of sales, excluding special items
and equity income from SunBelt
United States
Securities and Exchange Commission
Washington, DC 20549
FORM 10-K
Í ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2011
‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to .