Stage 4: Establishing impact 54
4.1 Deadweight and displacement 56
4.2 Attribution 59
4.3 Drop-off 61
4.4 Calculating your impact 62
Stage 5: Calculating the SROI 64
5.1 Projecting into the future 66
5.2 Calculating the net present value 67
5.3 Calculating the ratio 68
5.4 Sensitivity analysis 69
5.5 Payback period 71
Stage 6: Reporting, using and embedding 72
6.1 Reporting to stakeholders 74
6.2 Using the results 76
6.3 Assurance 78
Resources 80
01 Format for an SROI report 82
02 Glossary 84
03 Note on cost allocation 86
04 Note on capital or loan-financed projects 91
05 Sources of support and further information 92
06 Downloads 95
07 A summary of the relationship between SROI and 95
other approaches
08 The seven principles of SROI 96
09 Checklist for SROI analysis 98
10 The worked example 102
11 A blank Impact Map (provided as a loose insert
in the printed version of this guide, and also
available as a download)
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