FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report as of the end of semiannual period: / / (a)
or fiscal year: 12/31/97 (b)
Is this a transition report? (Y or N): N
Is this an amendment to a previous filing? (Y or N): N
Those items or sub-items with a box "[/]" after the item number should be
completed only if the answer has changed from the previous filing on this
form.
1.A) Registrant Name: JOHN HANCOCK VARIABLE LIFE ACCOUNT U
B) File Number: 811-3068
C) Telephone Number: ( ) -
D) Address: (i)____________________________________________________________
Number and P.O. Box if any
_____________________ ____________ ______________
(ii) City (iii) State (iv) Zip Code
2. SUMMARY OF THIS FILING:
[Place an "X" next to each item being answered in qhole or in part in this
filing]
1 X 23 45 67 89 111
2 X 24 46 68 90 112
3 25 47 69 91 113
4 26 48 70 92 114
5 27 49 71 93 115
6 28 50 72 94 116
7 29 51 73 95 117
8 30 52 74 96 118
9 31 53 75 97 119
10 32 54 76 98 120
11 33 55 77 99 121
12 34 56 78 100 122
13 35 57 79 101 123
14 36 58 80 102 124
15 37 59 81 103 125
16 38 60 82 104 126 X
17 39 61 83 105 127 X
18 40 62 84 106 128
19 41 63 85 107 129
20 42 64 86 108 130
21 43 65 87 109 131 X
22 44 66 88 110 132
3. Is this the first filing on this form by the Registrant?(Y or N) --------
4. Is this the last filing on this form by the Registrant?(Y or N) ---------
5. Is Registrant a small business investment company (SBIC)?(Y or N) -------
[If answer is "Y" (Yes), complete only items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)?(Y or N) --------------------
[If answer is "Y" (Yes), complete only items 111 through 132.]
<PAGE>
PAGE 36
------------------------
|If filing more than one |
| Page 36, "X" box: [ ] |
------------------------
For period ending 12/31/97
File number 811-3068
125. [/] State the total dollar amount of sales loads collected
(before reallowances to brokers or dealers) by Registrant's
principal underwriter and any underwriter which is an
affiliated person of the principal underwriter during the
current period solely from the sale of units of all series
of Registrant ($000's omitted) ----------------------------- $
126. Of the amount shown in item 125, state the total dollar
amount of sales loads collected from secondary market
operations in Registrant's units (include the sales loads,
if any, collected on units of a prior series placed in the
portfolio of a subsequent series.)($000's omitted) --------- $ 0
127. List opposite the appropriate description below the number
of series whose portfolios are invested primarily (based
upon a percentage of NAV) in each type of security shown,
the aggregate total assets at market value as of a date at
or near the end of the current period of each such group of
series and the total income distributions made by each such
group of series during the current period (excluding
distributions of realized gains, if any):
<TABLE>
<CAPTION>
Number Total Assets Total Income
of Series ($000's Distributions
Investing omitted) ($000's omitted)
--------- ------------ ----------------
<S> <C> <C> <C>
A. U.S. Treasury direct issue____________ _________ $___________ $___________
B. U.S. Government agency________________ _________ $___________ $___________
C. State and municipal tax-free__________ _________ $___________ $___________
D. Public utility debt___________________ _________ $___________ $___________
E. Brokers or dealer debt or debt
of brokers' or dealers' parent________ _________ $___________ $___________
F. All other corporate intermed. &
long-term debt________________________ _________ $___________ $___________
G. All other corporate short-term
debt__________________________________ _________ $___________ $___________
H. Equity securities of brokers or
dealers or parents of brokers or
dealers_______________________________ _________ $___________ $___________
I. Investment company equity
securities____________________________ _________ $___________ $___________
2 1,871 164,328
J. All other equity securities___________ _________ $___________ $___________
K. Other securities______________________ _________ $___________ $___________
L. Total assets of all series of 1,871
registrant____________________________ _________ $___________ $___________
</TABLE>
128. [/] Is the timely payment of principal and interest on any of
the portfolio securities held by any of Registrant's series
at the end of the current period insured or guaranteed by an
entity other than the issuer?(Y/N) -------------------------
[If answer is "N" (No), go to item 131.]
<PAGE>
PAGE 37
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|If filing more than one |
| Page 37, "X" box: [ ] |
------------------------
For period ending 12/31/97
File number 811-3068
129. [/] Is the issuer of any instrument covered in item 128
delinquent or in default as to payment of principal or
interest at the end of the current period?(Y/N) ------------
[If answer is "N" (No), go to item 131.]
130. [/] In computations of NAV or offering price per unit, is any
part of the value attributed to instruments identified in
item 129 derived from insurance or guarantees?(Y/N) --------
131. Total expenses incurred by all series of Registrant during
the current reporting period ($000's) ---------------------- $ 9,477
132. [/] List the "811" (Investment Company Act of 1940) registration
number for all Series of Registrant that are being included
in this filing:
<TABLE>
<S> <C> <C> <C> <C> <C>
3068
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
811-_______ 811-_______ 811-_______ 811-_______ 811-_______
</TABLE>
<PAGE>
SIGNATURES
This Report is signed on behalf of the registrant (or depositor or
trustee) in the City of Boston and the State of Massachusetts on this the 27th
day of February, 1998.
JOHN HANCOCK VARIABLE LIFE ACCOUNT U
(Name of Registrant, Depositor or Trustee)
By: /s/SANDRA M. DADALT
------------------------------
Sandra M. DaDalt
Assistant Secretary
Witness: /s/RAYMOND F. SKIBA
-------------------------
Raymond F. Skiba
Director
