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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
Is this an amendment to a previous filing? (Y/N) N
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: AUSA Life Insurance Company, Inc.
Separate Account B
B. File Number: 811-6298
C. Telephone Number: (502) 560-3009
2. A. Street: 666 Fifth Avenue
B. City: New York C. State: New York D. Zip Code: 10103 Zip Ext:
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant? (Y/N) N
4. Is this the last filing on this form by Registrant? (Y/N) N
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
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For period ending 12/31/98 If filing more than one
File number 811-6298 Page 47, "X" box: [ ]
UNIT INVESTMENT TRUSTS
111. A. [/] Depositor Name: AUSA Life Insurance Company, Inc.
B. [/] File Number (If any):
C. [/] City: New York State: New York Zip Code: 10103 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:
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
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For period ending 12/31/98 If filing more than one
File number 811-6298 Page 48, "X" box: [ ]
113. A. [/] Trustee Name:
B. [/] File Number (If any):
C. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
113. A. [/] Trustee Name:
B. [/] File Number (If any):
C. [/] City: State: Zip Code: Zip Ext.:
[/] Foreign Country: Foreign Postal Code:
114. A. [/] Principal Underwriter Name: Vanguard Marketing Corporation
B. [/] File Number: 8-21570
C. [/] City: Malvern State: PA Zip Code: 19355 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: Ernst & Young, LLP
B. [/] City: Des Moines State: IA Zip Code: 50309 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
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For period ending 12/31/98 If filing more than one
File number 811-6298 Page 49, "X" box: [ ]
116. Family of investment companies information:
A. [/] Is Registrant part of a family of investment companies (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?
If answer is "Y" (Yes), are any of the following types of contracts
funded By the Registrant?:
B. [/] Variable annuity contracts? (Y/N)
C. [/] Scheduled premium variable life contracts? (Y/N)
D. [/] Flexible premium variable life contracts? (Y/N)
E. [/] Other types of insurance products registered under the
Securities Act of 1933? (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
------
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
------
122. [/] State the number of existing series for which additional
units were registered under the Securities Act of 1933
during the current period 1
------
SCREEN NUMBER: 57 PAGE NUMBER: 49
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For period ending 12/31/98 If filing more than one
File number 811-6298 Page 50, "X" box: [ ]
123.
[/] State the total value of the additional units
considered in answering item 122 ($000's omitted) $142,791
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) $0
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
broker's or dealer's 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 $ $
J. All other equity securities 1 $258,997 $5,991
K. Other securities $ $
L. Total assets of all series of registrant 1 $258,997 $5,991
</TABLE>
SCREEN NUMBER: 58 PAGE NUMBER :50
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For period ending 12/31/98 If filing more than one
File number 811-6298 Page 51, "X" box: [ ]
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)
131. Total expenses incurred by all series of Registrant
during the current reporting period ($000's omitted) $847
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-__________
SCREEN NUMBER: 59 PAGE NUMBER: 51
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This report is signed on behalf of the registrant (or depositor or trustee).
City of: Louisville State of: Kentucky Date: February 26, 1999
Name of Registrant, Depositor, or Trustee: AUSA Life Insurance Company, Inc.
Separate Account B
Witness: /s/ Michele A. Zabel By: /s/ Cindy L. Chanley
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Vice President
