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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? N
Is this an amendment to a previous filing? N
1. A. Registrant Name: Presidential Variable Annuity Account One
B. File Number: 811-5474
C. Telephone Number: (914) 358-2300
2. A. Street: 69 Lydecker Street
B. City: Nyack C. State: NY
D. Zip Code: 10960 Zip Ext:
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant? N
4. Is this the last filing on this form by Registrant? N
5. Is Registrant a small business investment company (SBIC)? N
[If answer is "Y" (Yes), complete only items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)? Y
[If answer is "Y" (Yes) complete only items 111 through 132.]
7. A. Is Registrant a series or multiple portfolio company? 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?
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For period ending 12/31/98
File number 811-5474
UNIT INVESTMENT TRUSTS
111. A. Depositor Name: Presidential Life Insurance Company
B. File Number (If any): 33-19293, 811-5474
C. City: Nyack State: NY Zip Code: 10960 Zip Ext.:
Foreign Country: Foreign Postal Code:
115. A. Independent Public Accountant Name: PricewaterhouseCoopers LLP
City: Los Angeles State: CA Zip Code: 90071 Zip Ext.:
Foreign Country: Foreign Postal Code:
116. Family of investment companies information:
A. Is Registrant part of a family of investment companies? N
B. Identify the family in 10 letters:
117. A. Is Registrant a separate account of an insurance company? Y
If answer is "Y" (Yes), are any of the following types of
contracts funded by the Registrant?:
B. Variable annuity contracts? Y
C. Scheduled premium variable life contracts? N
D. Flexible premium variable life contracts? N
E. Other types of insurance products registered under the
Securities Act of 1933? 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
119. State the number of new series for which registration statements
under the Securities Act of 1933 became effective during
the period 0
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
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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For period ending 12/31/98
File number 811-5474
122. State the number of existing series for which additional units
were registered under the Securities Act of 1933 during the
current period 0
123. State the total value of the additional units considered in
answering item 122 ($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 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 $ 4,083 $ 442
J. All other equity securities ______ _______ _______
K. Other securities ______ $_______ $_______
L. Total assets of all series of registrant 1 $ 4,083 $ 442
______ _______ _______
</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? N
[If answer is "N" (No), go to item 131.]
131. Total expenses incurred by all series of Registrant during the
current reporting period ($000's omitted) $62
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For period ending 12/31/98
File Number 811-5474
132. List the "811" (Investment Company Act of 1940) registration
number for all Series of Registrant that are being included
in this filing:
811-5474
This report is signed on behalf of the registrant in the City of Nyack and
State of New York on the 26th day of March 1, 1999
Presidential Variable Annuity Account One
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Name of Registrant
By: Presidential Life Insurance Company
By: /s/ MICHAEL V. OPORTO
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Michael V. Oporto
Chief Financial Officer
Witness:
/s/ CHARLES SNYDER
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Charles Snyder
Controller
