Hi
1. To return a value from cell a fixed number of rows and cells apart from
base cell, like
=OFFSET($A$1,1,4)
(the example returns value from cell E2)
2. To return a range of fixed dimension which starts a fixed number of rows
and cells apart from base cell, like
=SUM(OFFSET($A$1,1,4,3,1))
(the example sums values from range E2:E4)
NB! When using OFFSET to determine a range, it MUST be a part of a formula
which requires a range there. Or you use it in named range definition
(dynamic ranges).