1674 8-9-95 Form N-SAR 40,419
51,602 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 Variable Annuity Account I
B. File Number: 811- 8582
C. Telephone Number : (860)273-0687
2. A. Street: 151 Farmington Ave
B. City: Htfd C. State: CT D. Zip Code: 06156 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) 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?
Federal Securities Law Reports 51,602
1674 8-9-95 Form N-SAR 40,465
For period ending 12/31/97
If filing more than oneFile number 811- 8582
Page 47, "X" Box UNIT INVESTMENT TRUSTS
111. A. [/] Depositor Name: Aetna Insurance Company of America
B. [/] File Number(If any):
C.[/] City Htfd State: CT Zip 06156
[/] Foreign Country: Foreign Postal Code:
111. A. [/] Depositor Name:
B. [/]File Number(If any):
C.[/] City: State: Zip Code-ext :
[/] Foreign Country: Foreign Postal Code:
112. A. [/] Sponsor Name:
B. [/] File Number (If any):
C.[/] City: State: Zip Code-ext :
[/] Foreign Country: Foreign Postal Code:
112. A. [/]Sponsor Name:
B. [/] File Number (If any) :
C. [/] City: state: Zip Code-ext :
[/] Foreign Country: Foreign Postal Code:
Federal Securities Law Reports 51,602
40,466 Investment Companies-Forms 1674 8-9-95
For period ending 12/31/97
If filing more than one File number 811- 8582
Page 48, "X" box:
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: Aetna Life
Insurance and Annuity Company
B. [/] File Number: 8-13256
C.[/] City: Htfd State: CT Zip Code: 06156 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: KPMG Peat Marwick LLP
B.[/] City: Boston State: MA Zip Code: 02110 Zip Ext:
[/] Foreign Country: Foreign Postal Code:
115. A.[/] Independent Public Accountant Name:
B. [/]City: State: Zip Code: ZipExt:
[/]Foreign Country: Foreign Postal Code :
51,602 1995 Commerce Clearing House, Inc.
1674 8-9-95 Form N-SAR 40,467
For period ending 12/31/97
If filing more than one file number 811- 8582
Page 49, "X" Box
116. Family of investment companies information:
A. [/] Is Registrant part of a family of investment
companies?(Y/N) Y
B. [/] Identify the family in 10 letters:
A L I A C F U N D S
(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) $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. 0
40,468 Investment Companies-Forms 1674 8-9-95
For Period Ending 12/31/97 If filing more than one
File Number 811-8582 Page 50, "X" Box:
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):
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 $560,662 $0
K. Other securities
L. Total assets of all series of registrant
1674 Form N-SAR 40,469
For Period Ending 12/31/97 If filing more then one
File number 811-8582 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)
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
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) $5,565
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-
Signature Page
This report is signed on behalf of the registrant
(or depositor or trustee).
City of: Hartford State of: Connecticut
Date: 2/28/98
Name of Registrant, Depositor, or Trustee:
Variable Annuity Account I
Aetna Insurance Company of America
Name of Registrant
Witness: Peter Begin By: Deborah Koltenuk
Peter Begin Deborah Koltenuk
Manager Vice President and Treasurer
Aetna Life Insurance and Corporate Controller
Annuity Company Aetna Life Insurance and
Annuity Company