SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) APRIL 24, 1996
SUNAMERICA INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
MARYLAND 1-4618 86-0176061
(STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
1 SUNAMERICA CENTER
LOS ANGELES, CALIFORNIA 90067-6022
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including
area code (310) 772-6000
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Item 5. Other Events
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The Registrant has released financial position information as of
March 31, 1996.
See the attached Condensed Consolidated Balance Sheet.
Item 7. Financial Statements, Pro Forma Financial Information and
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Exhibits
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(c) Exhibits
Exhibit 20 Condensed Consolidated Balance Sheet
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
SUNAMERICA INC.
Date: April 26, 1996 By: /s/ Scott L. Robinson
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Scott L. Robinson
Senior Vice President
and Controller
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EXHIBIT 20
SUNAMERICA INC.
CONDENSED CONSOLIDATED BALANCE SHEET
(In thousands - unaudited)
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March 31, September 30,
1996 1995
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ASSETS
Cash and short-term investments $ 876,779 $ 855,350
Bonds, notes and redeemable preferred stocks:
Available for sale, at fair value 11,461,252 6,584,488
Held for investment, at amortized cost -- 718,283
Mortgage loans 1,626,048 1,543,285
Common stocks, at fair value 33,803 39,906
Partnerships 892,002 774,417
Real estate 110,721 105,637
Other invested assets 181,794 187,593
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Total investments 15,182,399 10,808,959
Variable annuity assets 5,779,699 5,263,006
Deferred acquisition costs 714,740 526,415
Other assets 332,127 245,787
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TOTAL ASSETS $ 22,008,965 $ 16,844,167
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LIABILITIES AND SHAREHOLDERS' EQUITY
Reserves for fixed annuity contracts $ 8,730,750 $ 4,862,250
Reserves for guaranteed investment contracts 3,865,895 3,607,192
Trust deposits 456,778 426,595
Variable annuity liabilities 5,779,699 5,263,006
Senior indebtedness 636,694 524,835
Payable to brokers for purchases of securities 336,189 473,728
Other payables and accrued liabilities 363,692 274,005
Deferred income taxes 74,761 146,847
Preferred securities of grantor trusts 237,631 52,631
Shareholders' equity 1,526,876 1,213,078
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TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 22,008,965 $ 16,844,167
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