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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: 12/31/97 (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: NYLIAC VARIABLE ANNUITY SEPARATE ACCOUNT-II
B. File Number: 811-07282
C. Telephone Number: (212) 576-7000
2. A. Street: 51 MADISON AVENUE
B. City: NEW YORK C. State: NY D. Zip Code: 10010 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) Y
[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? 18
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If filing more than one
Page 47, "X" box [ ]
For period ending 12/31/97
File number 811-07282
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: _______
112. A. [/] Sponsor Name: _________________________________________________
B. [/] File Number (If any): ______________
C. [/] City: ________________State: ___Zip Code: _______Zip Ext.:_____
[/] Foreign Country: ________________Foreign Postal Code: _______
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If filing more than one
Page 48, "X" box: [ ]
For period ending 12/31/97
File number 811-07282
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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If filing more than one
Page 49, "X" box: [ ]
For period ending 12/31/97
File number 811-07282
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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If filing more than one
Page 50, "X" box: [ ]
For period ending 12/31/97
File number 811-07282
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 $ 853,096 $
------------- -------------- --------------
J. All other equity securities $ $
------------- -------------- --------------
K. Other securities $ $
------------- -------------- --------------
L. Total assets of all series of registrant 1 $ 853,096 $
------------- -------------- --------------
</TABLE>
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If filing more than one
Page 51, "X" box: [ ]
For period ending 12/31/97
File number 811-07282
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 the current
reporting period ($000's omitted) _____________________________ $8,769
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- ______ 811-______ 811-______ 811-______ 811-______
811- ______ 811-______ 811-______ 811-______ 811-______
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SIGNATURE PAGE
For period ending 12/31/97
File number 811-07282
This report is signed on behalf of the Registrant, NYLIAC Variable
Annuity Separate Account -- II, in the City of New York, in the State of New
York, on the 20th day of February, 1998.
NYLIAC Variable Annuity Separate Account -- II
By: /s/ John A. Cullen
-------------------
John A. Cullen
Vice President and Assistant Controller
Witness:
/s/ Mindy Schwartzapfel
-----------------------
Mindy Schwartzapfel
Director - Accounting
