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 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: American Skandia Life Assurance Corporation,
Variable Account B - Class 2
B. File Number: 811-8248
C. Telephone Number: (203) 926-1888
2. A. Street: One Corporate Drive, 10th Floor
B. City: Shelton C. State: CT D. Zip Code: 06484
E. Zip Ext.: 0883
F. Foreign County Foreign Postal Code:
3. Is this 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 NEXT SCREEN:
<PAGE>
For period ending 12/31/97
File number 811- 8248
UNIT INVESTMENT TRUSTS
111. A. [_] Depositor Name:
B. [_] File Number (If any):
C. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
111. A. [_] Depositor Name:
B. [_] File Number (If any):
C. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
112. A. [_] Sponsor Name:
B. [_] File Number (If any):
C. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
112. A. [_] Sponsor Name:
B. [_] File Number (If any):
C. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
PAGE NUMBER: 43
<PAGE>
For period ending 12/31/97
File number 811- 8248
113. A. [_] Trustee Name:
B. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
113. A. [_] Trustee Name:
B. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
114. A. [_] Principal Underwriter Name:
B. [_] File Number: 8-
C. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
114. A. [_] Principal Underwriter Name:
B. [_] File Number: 8-
C. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
115. A. [_] Independent Public Accountant Name:
B. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
115. A. [_] Independent Public Accountant Name:
B. [_] City: State: Zip Code: Zip Ext.:
Foreign County: Foreign Postal Code:
PAGE NUMBER: 44
<PAGE>
For period ending 12/31/97
File number 811- 8248
116. Family of investment companies information:
A. [_] Is Registrant part of a family of investment
companies? (Y/N) 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
If answer is "Y" (Yes), are any of the following
types of contracts funded by the Registrant:
B. [_] Variable annuity contracts? (Y/N) Y
C. [_] Scheduled premium variable life contracts? (Y/N) N
D. [_] Flexible premium variable life contracts? (Y/N) N
E. [_] Other types of insurance products registered under
the Securities Act of 1933? (Y/N) 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) N/A
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 0
PAGE NUMBER 45
<PAGE>
For period ending 12/31/97
File number 811- 8248
123. [_] State the total value of the additional units considered in
answering item 122 ($000's omitted) $0
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) $0
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) $0
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>
<S> <C> <C> <C>
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
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
J. All other equity securities 1 $175,682 $ -0-
--------
K. Other securities
L. Total assets of all series of Registrant $175,682
========
</TABLE>
PAGE NUMBER: 46
<PAGE>
For period ending 12/31/97
File number 811- 8248
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/N0 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) $1,190
132. [_] List the "811 (Investment Company Act of 1940) registration
number for all Series of Registrant that are being
included in the filling.
PAGE NUMBER: 47
<PAGE>
This report is signed on behalf of the depositor in the Town of Shelton,
County of Fairfield, and the State of Connecticut for the
AMERICAN SKANDIA LIFE ASSURANCE CORPORATION
VARIABLE ACCOUNT B - CLASS 2
By American Skandia Life Assurance Corporation
/s/ Thomas M. Mazzaferro
Executive Vice President and Chief Financial Officer
WITNESS:
/s/ Patricia E. Randol
Compliance Coordinator
