FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/97 (b)
Is this a transition report?: (Y/N) N
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Is this an amendment to a previous filing? (Y/N) N
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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: Life of Virginia Separate Account I
B. File Number: 2-91117
811-4016
C. Telephone Number: 800 636-7203
2. A. Street: 6610 West Broad Street
B. City: Richmond C. State: VA D. Zip Code: 23230 Zip Ext.:
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant? (Y/N) N
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4. Is this the last filing on this form by Registrant? (Y/N) N
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5. Is Registrant a small business investment company (SBIC)? (Y/N) N
[If answer is "Y" (Yes), complete only items 89 through 110.] -----
6. Is Registrant a unit investment trust (UIT)? (Y/N) Y
[If answer is "Y" (Yes) complete only items 111 through 132.] -----
7. A. Is Registrant a series or multiple portfolio company? (Y/N)
[If answer is "N" (No), go to item 8.] -----
B. How many separate series or portfolios did Registrant have
at the end of the period? -----
SCREEN NUMBER: 01 PAGE NUMBER: 01 SEC2100 (5/90)
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Page 47, "X" box: [ ]
For period ending 12/31/97
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File number 2-91117
811-4016
UNIT INVESTMENT TRUSTS
111. A. [/] Depositor Name: The Life Insurance Company of Virginia
B. [/] File Number (If any):
C. [/] City: Richmond State: VA Zip Code: 23230 Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
111. A. [/] Depositor Name:
B. [/] File Number (If any):
C. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
112. A. [/] Sponsor Name: The Life Insurance Company of Virginia
B. [/] File Number (If any):
C. [/] City: Richmond State: VA Zip Code: 23230 Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
112. A. [/] Sponsor Name:
B. [/] File Number (if any):
C. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
SCREEN NUMBER: 55 PAGE NUMBER: 47 SEC2100 (5/90)
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Page 48, "X" box: [ ]
For period ending 12/31/97
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File number 2-91117
811-4016
111. A. [/] Trustee Name:
B. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
113. A. [/] Trustee Name:
B. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
114. A. [/] Principal Underwriter Name: Capital Brokerage Corporation
B. [/] File Number: 8-26614
C. [/] City: Richmond State: VA Zip Code: 23230 Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
114. A. [/] Principal Underwriter Name:
B. [/] File Number: 8-
C. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
115. A. [/] Independent Public Accountant Name: KMPG Peat Marwick
B. [/] City: Richmond State: VA Zip Code: 23219 Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
115. A. [/] Independent Public Accountant Name:
B. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
SCREEN NUMBER: 56 PAGE NUMBER: 48 SEC2100 (5/90)
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Page 49, "X" box: [ ]
For period ending 12/31/97
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File number 2-91117
811-4016
116. Family of investment companies information:
A. [/] Is Registrant part of a family of investment companies? (Y/N) N
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Y/N
B. [/] Identify the family in 10 letters: __ __ __ __ __ __ __ __ __ __
(NOTE: In filing this form, use this identification consistently
for all investment companies in family. This designation is for
purposes of this form only.)
117. A. [/] Is Registrant a separate account of an insurance company? (Y/N) Y
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Y/N
If answer is "Y" (Yes), are any of the following types of contracts
funded by the Registrant?:
B. [/] Variable annuity contracts? (Y/N) N
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Y/N
C. [/] Scheduled premium variable life contracts? (Y/N) N
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Y/N
D. [/] Flexible premium variable life contracts? (Y/N) Y
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Y/N
E. [/] Other types of insurance products registered under the
Securities Act of 1933? (Y/N) N
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Y/N
118. [/] State the number of series existing at the end of the period
that had securities registered under the Securities Act of 1933 1
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119. [/] State the number of new series for which registration
statements under the Securities Act of 1933 became
effective during the period 0
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120. [/] State the total value of the portfolio securities on the
date of deposit for the new series included in
item 119 ($000's omitted) $ 0
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121. [/] State the number of series for which a current prospectus
was in existence at the end of the period 1
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122. [/] State the number of existing series for which additional units
were registered under the Securities Act of 1933 during the
current period 0
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SCREEN NUMBER: 57 PAGE NUMBER: 49 SEC2100 (5/90)
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For period ending 12/31/97
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File number 2-91117
811-4016
123. [/] State the total value of the additional units considered in
answering item 122 ($000's omitted) $ 0
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124. [/] State the total value of units of prior series that were
placed in the portfolios of subsequent series during
the current period (the value of these units is to be
measured on the date they were placed in the subsequent
series) ($000's omitted) $ 0
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125. [/] State the total dollar amount of sales loads collected
(before reallowances to other 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) $ 0
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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
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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):
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
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A. U.S. Treasury direct issue _______ $_______ $________
B. U.S. Government agency _______ $_______ $________
C. State and municipal tax-free _______ $_______ $________
D. Public utility debt _______ $_______ $________
E. Brokers or dealers 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 1 $6,470 $ 0
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J. All other equity securities _______ $_______ $________
K. Other securities _______ $_______ $________
L. Total assets of all series
of registrant 1 $ 6,470 $________
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SCREEN NUMBER: 58 PAGE NUMBER: 50 SEC2100 (5/90)
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Page 51, "X" box: [ ]
For period ending 12/31/97
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File number 2-91117
811-4016
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) N
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[If answer is "N" (No), go to item 131.] Y/N
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) N
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[If answer is "N" (No), go to item 131.] Y/N
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) N
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Y/N
131. Total expenses incurred by all series of Registrant during
the current reporting period ($000's omitted) $16
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132. [/] List the "811" (Investment Company Act of 1940) registration
number for all Series of Registrant that are being
included in this filing:
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-_____
SCREEN NUMBER: 59 PAGE NUMBER: 51 SEC2100 (5/90)