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FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/98 (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: Ameritas Varible Life Insurance Company - Separate Account V
B. File Number: 811-4473
C. Telephone Number: (402)467-1122
<S> <C> <C> <C> <C>
2.A. Street: 5900 "O" Street
B. City: Lincoln C. State: NE D. Zip Code: 68510 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
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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?
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For period ending 12/31/98 If filing more than one
----------------------- Page 50, "X" box [ ]
File number 811- 4473
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123. [/] State the total value of the additional units considered in answering item 122 ($000's omitted)
$ 69,170
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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) $
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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) $ 12,565
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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):
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NUMBER OF TOTAL ASSETS TOTAL INCOME
SERIES ($000'S DISTRIBUTIONS
INVESTING OMITTED) ($000'S OMITTED)
A. U.S. Treasury direct issue $ $
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B. U.S. Government agency $ $
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C. State and municipal tax-free $ $
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D. Public utility debt $ $
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E. Brokers or dealers debt or debt of
brokers' or dealers' parent $ $
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F. All other corporate intermed. &
long-term debt $ $
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G. All other corporate short-term debt $ $
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H. Equity securities of brokers or dealers
or parents of brokers or dealers $ $
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I. Investment company equity securities $ $
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J. All other equity securities $ 282,653 $ 20,498
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K. Other securities $ $
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L. Total assets of all series of registrant $ 282,653 $
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This report is signed on behalf of the registrant (or depositor or trustee).
<S> <C> <C> <C> <C>
City of: Lincoln State of: NE Date: 02/22/99
Name of Registrant, Depositor, or Trustee: Ameritas Variable Life Insurance Company (Depositor)
By (Name and Title): Witness (Name and Title):
/s/Lawrence J. Arth /s/Norman M. Krivosha
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Lawrence J. Arth Norman M. Krivosha
Director, Chairman of the Board, and Secretary and General Counsel
Chief Executive Officer
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