FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12 / 31 / 99 (b)
Is this a transition report? (Y/N) N
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Is this an amendment to a previous filing? 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: WRL Series Life Account
B. File Number: 811-4420
C. Telephone Number: 727-299-1800
2. A. Street: 570 Carillon Parkway
B. City: St. Petersburg C. State: FL D. Zip Code: 33716
Zip Ext: 1202
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
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[If answer is "Y" (Yes), complete only items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)? (Y/N) Y
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[If answer is "Y" (Yes) complete only items 111 through 132.]
7. A. Is Registrant a series or multiple portfolio company? (Y/N) N
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[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?
2
<PAGE>
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If filing more than one
Page 50, "X" box: [ ]
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For period ending 12/31/99
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File number 811- 4420
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123. [/] State the total value of the additional units considered in
answering item 122 ($000's omitted)_____________________ $ ________
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)
_____________________ $ ________
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)
_____________________ $ ________
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)
_____________________ $ ________
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 OF TOTAL ASSETS TOTAL INCOME
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 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 $3,125,956 $49,913
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J. All other equity securities____________________________ _________ $ $
K. Other securities - accrued dividends and receivables _________ $2,919 $
L. Total assets of all series of registrant_______________ 1 $3,128,875 $
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</TABLE>
50
<PAGE>
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If filing more than one
Page 51, "X" box: [ ]
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For period ending 12/31/99
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File number 811- 4420
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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.]
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) - ______
Y/N
131. Total expenses incurred by all series of Registrant during the
current reporting period ($000's omitted) $19,620
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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:
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
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>
This report is signed on behalf of the Depositor, State of FLORIDA.
Date: FEBRUARY 28, 2000.
WESTERN RESERVE LIFE ASSURANCE CO. OF OHIO
(Name of Registrant, Depositor, or Trustee)
By: /s/ ALLAN J. HAMILTON Witness: /s/ PRISCILLA I. HECHLER
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Allan J. Hamilton, Treasurer Priscilla I. Hechler, Assistant Vice
President and Assistant Secretary
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