| £ | |
| (1) The breaking up value of Britannia and Hindostan | 19,925 |
| (2) Cost of fitting new ship (Prince of Wales) and Hindostan, and subsequent alterations | 27,842 |
| (3) Cost of moving ship, and moorings | 2,890 |
| (4) Repairs since first fitted, all changes, etc. (including all tenders, boats, etc.) | 30,545 |
| (5) Sick quarters, lodgings, recreation grounds, and all shore expenses | 20,204 |
| (6) Pay and provisions for officers, cadets, ship’s company, travelling expenses, etc. | 597,995 |
| £699,401 | |
| Contributions from parents | 120,832 |
| £578,569 | |
| In order to arrive at amount actually expended for maintenance, deduct amounts 1, 2, and 3 | 45,657 |
| £532,912 | |
| Expense per annum for 18¼ years, £29,200. | |
This is at the rate of something like £240 per head per annum; but so much was done in making the recreation grounds, improving the ships, etc., that it is scarcely a fair statement of maintenance.
| £ | |
| Gross | 33,643 |
| Parents’ contributions | 8,400 |
| £25,243 |
Provision is made for 130 cadets. Cost per head per annum, £194.
The estimates for 1901-1902:—
| £ | |
| Gross | 49,570 |
| Parents’ contributions | 18,500 |
| £31,070 |
Provision is made for 265 cadets. Cost per head per annum, £117.