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FORM N-SAR
ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
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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 (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: Separate Account VUL of The American Franklin
Life Insurance Company
B. File Number: 811-5794
C. Telephone Number: (217) 528-2011
2. A. Street: #1 Franklin Square
B: City: Springfield C. State: IL D. Zip Code: 62713 Zip Ext: 0001
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.] --------------------------------------
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01
SEC 2100(10-94)
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For period ending December 31, 1999
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File number 811-5794
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UNIT INVESTMENT TRUSTS
111. A. - Depositor Name:__________________________________________________
B. - File Number (If any):______________________
C. - City:______________ State:__________ Zip Code:_________ 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:_____________________________________________________
B. - File Number (If any):______________________
C. - City:_______________State:___________Zip Code:________Zip Ext.:________
Foreign Country:_______________________Foreign Postal Code:____________
A. - Sponsor Name:______________________________________________________
B. - File Number (If any)____________________________
C. - City:_______________ State: ___________ Zip Code:_______ Zip Ext.:____
- Foreign Country:_________________ Foreign Postal Code:_________________
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For period ending December 31, 1999
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File number 811-5794
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113. 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: ________________________________________
B. - File Number: 8-_______________
C. - City:_______________ State:__________ Zip Code:_______ 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:___________________________________
B. - City:_______________ State:__________ Zip Code:________ 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:___________
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For period ending December 31, 1999
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File number 811-5794
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116. Family of investment companies information:
A. - Is Registrant part of a family of investment companies? (Y/N)_________ _____
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/N
If answer is "Y" (Yes), are any of the following types of contracts funded by the Registrant?:
B. - Variable annuity contracts? (Y/N) ____________________________ ________
Y/N
C. - Scheduled premium variable life contracts? (Y/N) _________________ ________
Y/N
D. - Flexible premium variable life contracts? (Y/N) ___________________ _______
Y/N
E. - Other types of insurance products registered under the Securities Act of
1933? (Y/N) ________ ________
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___________________________________
119. - State the number of new series for which registration statements under the Securities
Act of 1933 became effective during the period _______________________________________
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) ________________________________ $________
121. - State the number of series for which a current prospectus was in existence at the end of
the period ________________________________ ________
122. - State the number of existing series for which additional units were registered under the
Securities Act of 1933 during the current period__________________________ _____________
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49
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For period ending December 31, 1999
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File number 811-5794
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123. - State the total value of the additional units considered in
answering item 122 ($000's omitted)____________________________ $1,457
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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)__________________________________________ $_______
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):
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<CAPTION>
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
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<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 ___________________________ _________ $________ $________
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For period ending December 31, 1999
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File number 811-5794
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<CAPTION>
NUMBER OF TOTAL ASSETS TOTAL INCOME
SERIES ($000'S DISTRIBUTIONS
INVESTING OMITTED) ($000'S OMITTED)
-------------- -------------- ----------------
<S> <C> <C> <C>
I. Investment company equity securities ___________ __________ $__________ $___________
J. All other equity securities _____________________ 1 $23,570 $4,395
__________ __________ ___________
K. Other securities _____________________________ __________ $__________ $___________
L. Total assets of all series of registrant_____________ 1 $23,570 $4,395
__________ __________ ___________
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<PAGE>
For period ending December 31, 1999
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File number 811-5794
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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.] 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) ______
[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)__________________ ______
Y/N
131. - Total expenses incurred by all series of Registrant during $164
the current reporting period ($000's omitted)_______________ ______
132. - List the "811" (Investment Company Act of 1940) registration
number for all Series of Registrant that are being included in
this filing:
811-__________
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For period ending 12/31/99
File number 811-5794
This report is signed on behalf of the Registrant, Separate Account VUL of The
American Franklin Life Insurance Company, in the City of Springfield and State
of Illinois on this 24 day of February, 2000.
SEPARATE ACCOUNT VUL OF THE
AMERICAN FRANKLIN LIFE INSURANCE
COMPANY
BY: THE AMERICAN FRANKLIN LIFE
INSURANCE COMPANY, DEPOSITOR
By: /s/ Barbara J. Fossum
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Barbara J. Fossum
Senior Vice President
Witness /s/ Elizabeth E. Arthur
---------------------------------
Elizabeth E. Arthur
Assistant Secretary
PAGE NUMBER 52
