NATIONWIDE
VL SEPARATE
ACCOUNT-C
Annual Report
to
Contract Owners
December 31, 2011
NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY
HOME OFFICE: COLUMBUS, OHIO
Report of Independent Registered Public Accounting Firm
The Board of Directors of Nationwide Life and Annuity Insurance Company and Subsidiary and
Contract Owners of Nationwide VL Separate Account -C:
We have audited the accompanying statement of assets, liabilities and contract owners equity of Nationwide VL Separate Account -C (comprised of the sub-accounts listed in note 1(b), (collectively, the Accounts)) as of December 31, 2011, and the related statements of operations for the period then ended, the statements of changes in contract owners equity for each of the periods in the two-year period then ended, and the financial highlights for each of the periods in the five-year period then ended. These financial statements and financial highlights are the responsibility of the Accounts management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2011, by correspondence with the transfer agents of the underlying mutual funds. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of the Accounts as of December 31, 2011, the results of their operations for the period then ended, the changes in contract owners equity for each of the periods in the two-year period then ended, and the financial highlights for each of the periods in the five-year period then ended, in conformity with U.S. generally accepted accounting principles.
/s/ KPMG LLP
Columbus, Ohio
March 13, 2012
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS EQUITY
December 31, 2011
Assets: |
||||||
Investments at fair value: |
||||||
Global Small Capitalization Fund - Class 2 (AMVGS2) |
||||||
353 shares (cost $6,016) | $ | 6,007 | ||||
Growth Fund - Class 2 (AMVGR2) |
||||||
26,678 shares (cost $1,509,520) | 1,378,739 | |||||
International Fund - Class 2 (AMVI2) |
||||||
12,813 shares (cost $214,523) | 194,246 | |||||
Large Cap Core V.I. Fund - Class II (MLVLC2) |
||||||
27 shares (cost $635) | 614 | |||||
Calvert VP SRI Equity Portfolio (CVSSE) |
||||||
309 shares (cost $5,792) | 5,896 | |||||
Stock Index Fund, Inc. - Initial Shares (DSIF) |
||||||
510,268 shares (cost $15,229,213) | 15,042,693 | |||||
The Dreyfus Socially Responsible Growth Fund, Inc. - Initial Shares (DSRG) |
||||||
586 shares (cost $16,291) | 17,525 | |||||
Insurance Trust - Insurance Trust Diversified Mid Cap Growth Portfolio 1 (OGGO) |
||||||
39,813 shares (cost $428,665) | 631,825 | |||||
Janus Aspen Series - Balanced Portfolio - Service Shares (JABS) |
||||||
4,979 shares (cost $144,133) | 138,115 | |||||
Janus Aspen Series - Forty Portfolio - Service Shares (JACAS) |
||||||
4,653 shares (cost $153,076) | 152,207 | |||||
Janus Aspen Series - Global Technology Portfolio - Service Shares (JAGTS) |
||||||
36,729 shares (cost $213,444) | 189,890 | |||||
Janus Aspen Series - Overseas Portfolio - Service Shares (JAIGS) |
||||||
51,679 shares (cost $2,274,732) | 1,933,825 | |||||
Retirement Emerging Markets Equity Portfolio - Service Shares (LZREMS) |
||||||
47,204 shares (cost $1,042,108) | 883,189 | |||||
Series Fund - Mid Cap Value Portfolio - Class VC (LOVMCV) |
| |||||
2,190 shares (cost $33,392) | 34,734 | |||||
Research International Series - Service Class (MVRISC) |
||||||
6,989 shares (cost $77,751) | 75,412 | |||||
Value Series - Service Class (MVFSC) |
||||||
8,596 shares (cost $98,692) | 107,799 | |||||
Variable Insurance Trust II - International Value Portfolio - Service Class (MVIVSC) |
||||||
174,593 shares (cost $2,558,700) | 2,617,144 | |||||
Emerging Markets Debt Portfolio - Class I (MSEM) |
||||||
69,224 shares (cost $574,561) | 575,248 | |||||
Mid Cap Growth Portfolio - Class I (MSVMG) |
||||||
8,387 shares (cost $92,258) | 94,100 | |||||
U.S. Real Estate Portfolio - Class I (MSVRE) |
||||||
89,164 shares (cost $966,471) | 1,209,952 | |||||
Federated NVIT High Income Bond Fund - Class I (HIBF) |
||||||
204,053 shares (cost $1,284,501) | 1,334,504 | |||||
NVIT Emerging Markets Fund - Class I (GEM) |
||||||
86,863 shares (cost $1,461,503) | 882,529 | |||||
NVIT International Equity Fund - Class I (GIG) |
||||||
10,331 shares (cost $86,899) | 82,651 | |||||
NVIT Fund - Class I (TRF) |
||||||
31,291 shares (cost $258,023) | 283,186 | |||||
NVIT Government Bond Fund - Class I (GBF) |
||||||
417,362 shares (cost $4,913,598) | 4,979,130 | |||||
American Century NVIT Growth Fund - Class I (CAF) |
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1,928 shares (cost $22,019) | 26,530 | |||||
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA) |
||||||
295 shares (cost $2,586) | 2,582 |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS EQUITY
December 31, 2011
NVIT Investor Destinations Conservative Fund - Class II (GVIDC) |
||||||
582 shares (cost $5,580) | 5,941 | |||||
NVIT Investor Destinations Moderate Fund - Class II (GVIDM) |
||||||
3,297 shares (cost $34,851) | 34,055 | |||||
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA) |
||||||
7,072 shares (cost $71,626) | 70,504 | |||||
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC) |
||||||
623 shares (cost $6,353) | 6,470 | |||||
NVIT Mid Cap Index Fund - Class I (MCIF) |
||||||
303,614 shares (cost $4,670,652) | 5,328,421 | |||||
NVIT Money Market Fund - Class I (SAM) |
||||||
321,206 shares (cost $321,206) | 321,206 | |||||
NVIT Money Market Fund - Class V (SAM5) |
||||||
59,356,423 shares (cost $59,356,423) | 59,356,423 | |||||
NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1) |
||||||
15,567 shares (cost $139,423) | 145,241 | |||||
NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1) |
||||||
5,985 shares (cost $51,602) | 48,236 | |||||
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1) |
||||||
639 shares (cost $6,362) | 6,514 | |||||
NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF) |
||||||
15,184 shares (cost $241,153) | 232,763 | |||||
NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF) |
||||||
27,041 shares (cost $242,107) | 267,162 | |||||
NVIT Multi-Manager Small Company Fund - Class I (SCF) |
||||||
100,904 shares (cost $1,383,989) | 1,712,339 | |||||
NVIT Multi-Sector Bond Fund - Class I (MSBF) |
||||||
5,004 shares (cost $43,759) | 43,387 | |||||
Van Kampen NVIT Comstock Value Fund - Class I (EIF) |
||||||
1,872 shares (cost $17,278) | 18,273 | |||||
VPS Growth and Income Portfolio - Class A (ALVGIA) |
||||||
2,399 shares (cost $36,650) | 43,307 | |||||
VPS International Value Portfolio - Class A (ALVIVA) |
||||||
59,718 shares (cost $798,843) | 686,755 | |||||
VP Balanced Fund - Class I (ACVB) |
||||||
40,111 shares (cost $223,655) | 261,125 | |||||
VP Capital Appreciation Fund - Class I (ACVCA) |
||||||
30,098 shares (cost $309,132) | 397,901 | |||||
VP Income & Growth Fund - Class I (ACVIG) |
||||||
72,844 shares (cost $379,039) | 447,263 | |||||
VP International Fund - Class I (ACVI) |
||||||
131,816 shares (cost $1,173,252) | 979,392 | |||||
VP Mid Cap Value Fund - Class I (ACVMV1) |
||||||
20,518 shares (cost $272,506) | 276,988 | |||||
VP Ultra(R) Fund - Class I (ACVU1) |
||||||
3,961 shares (cost $35,960) | 37,548 | |||||
VP Value Fund - Class I (ACVV) |
||||||
125,826 shares (cost $569,682) | 729,791 | |||||
VP Vista(SM) Fund - Class I (ACVVS1) |
||||||
2,896 shares (cost $35,930) | 43,585 | |||||
MidCap Stock Portfolio - Initial Shares (DVMCS) |
||||||
1,402 shares (cost $15,248) | 18,448 | |||||
Small Cap Stock Index Portfolio - Service Shares (DVSCS) |
||||||
432,990 shares (cost $4,351,127) | 5,269,487 | |||||
Appreciation Portfolio - Initial Shares (DCAP) |
||||||
13,493 shares (cost $406,575) | 512,730 | |||||
Growth and Income Portfolio - Initial Shares (DGI) |
||||||
7,635 shares (cost $126,002) | 144,759 |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS EQUITY
December 31, 2011
International Value Portfolio - Initial Shares (DVIV) |
||||||
35,433 shares (cost $356,871) | 317,480 | |||||
Quality Bond Fund II - Primary Shares (FQB) |
||||||
24,187 shares (cost $273,895) | 271,140 | |||||
Equity-Income Portfolio - Initial Class (FEIP) |
||||||
2,294 shares (cost $35,446) | 42,878 | |||||
High Income Portfolio - Initial Class (FHIP) |
||||||
9,407 shares (cost $48,060) | 50,701 | |||||
VIP Fund - Asset Manager Portfolio - Initial Class (FAMP) |
||||||
246,015 shares (cost $3,082,748) | 3,395,004 | |||||
VIP Fund - Contrafund Portfolio - Initial Class (FCP) |
||||||
6,548 shares (cost $132,196) | 150,738 | |||||
VIP Fund - Contrafund Portfolio - Service Class (FCS) |
||||||
83,747 shares (cost $2,080,745) | 1,922,004 | |||||
VIP Fund - Equity-Income Portfolio - Service Class (FEIS) |
||||||
18,628 shares (cost $303,800) | 347,040 | |||||
VIP Fund - Growth Opportunities Portfolio - Initial Class (FGOP) |
||||||
860 shares (cost $12,173) | 15,744 | |||||
VIP Fund - Growth Opportunities Portfolio - Service Class (FGOS) |
||||||
64,959 shares (cost $1,107,169) | 1,186,798 | |||||
VIP Fund - Growth Portfolio - Initial Class (FGP) |
||||||
1,352 shares (cost $48,683) | 49,880 | |||||
VIP Fund - Growth Portfolio - Service Class (FGS) |
||||||
17,177 shares (cost $500,271) | 632,294 | |||||
VIP Fund - High Income Portfolio - Service Class (FHIS) |
||||||
15,010 shares (cost $84,246) | 80,453 | |||||
VIP Fund - Investment Grade Bond Portfolio - Service Class (FIGBS) |
||||||
3,354 shares (cost $44,249) | 43,136 | |||||
VIP Fund - Mid Cap Portfolio - Service Class (FMCS) |
||||||
46,224 shares (cost $1,216,330) | 1,337,267 | |||||
VIP Fund - Overseas Portfolio - Initial Class (FOP) |
||||||
1,785 shares (cost $25,490) | 24,330 | |||||
VIP Fund - Overseas Portfolio - Service Class (FOS) |
||||||
10,283 shares (cost $160,913) | 139,639 | |||||
VIP Fund - Value Strategies Portfolio - Service Class (FVSS) |
||||||
2,108 shares (cost $13,994) | 18,465 | |||||
Franklin Small Cap Value Securities Fund - Class 2 (FTVSV2) |
||||||
225,955 shares (cost $3,715,368) | 3,509,082 | |||||
Templeton Foreign Securities Fund - Class 2 (TIF2) |
||||||
12,676 shares (cost $169,318) | 159,205 | |||||
Templeton Global Bond Securities Fund - Class 2 (FTVGI2) |
||||||
33,641 shares (cost $632,122) | 610,588 | |||||
Goldman Sachs VIT - Goldman Sachs Mid Cap Value Fund - Institutional Shares (GVMCE) |
||||||
106,575 shares (cost $1,151,742) | 1,395,068 | |||||
Lincoln VIP Trust - Baron Growth Opportunities Funds - Service Class (BNCAI) |
||||||
6,690 shares (cost $152,205) | 210,669 | |||||
Advisers Management Trust - Short Duration Bond Portfolio - I Class Shares (AMTB) |
||||||
8,408 shares (cost $92,555) | 90,727 | |||||
Growth Portfolio - I Class Shares (AMTG) |
||||||
10,844 shares (cost $127,324) | 201,381 | |||||
Guardian Portfolio - I Class Shares (AMGP) |
||||||
4,354 shares (cost $67,216) | 79,631 | |||||
Mid-Cap Growth Portfolio - I Class Shares (AMCG) |
||||||
1,258 shares (cost $31,044) | 34,646 | |||||
Partners Portfolio - I Class Shares (AMTP) |
||||||
31,106 shares (cost $266,474) | 310,750 | |||||
Small-Cap Growth Portfolio - S Class Shares (AMFAS) |
||||||
341 shares (cost $3,605) | 4,141 |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS EQUITY
December 31, 2011
Balanced Fund/VA - Non-Service Shares (OVMS) |
||||||
27,543 shares (cost $304,379) | 311,240 | |||||
Capital Appreciation Fund/VA - Non-Service Shares (OVGR) |
||||||
16,596 shares (cost $498,343) | 659,689 | |||||
Core Bond Fund/VA - Non-Service Shares (OVB) |
||||||
37,065 shares (cost $293,750) | 292,074 | |||||
Global Securities Fund/VA - Non-Service Shares (OVGS) |
||||||
51,153 shares (cost $1,118,135) | 1,404,655 | |||||
Main Street Fund(R)/VA - Non-Service Shares (OVGI) |
||||||
5,786 shares (cost $106,503) | 119,827 | |||||
Mid-Cap Growth Fund/VA - Non-Service Shares (OVAG) |
||||||
2,736 shares (cost $102,394) | 128,754 | |||||
All Asset Portfolio - Administrative Class (PMVAAA) |
||||||
305,928 shares (cost $3,218,515) | 3,190,829 | |||||
Low Duration Portfolio - Administrative Class (PMVLDA) |
||||||
128,840 shares (cost $1,339,910) | 1,337,361 | |||||
Real Return Portfolio - Administrative Class (PMVRRA) |
||||||
373,790 shares (cost $4,754,975) | 5,214,374 | |||||
Total Return Portfolio - Administrative Class (PMVTRA) |
||||||
2,626,945 shares (cost $29,399,365) | 28,948,937 | |||||
Variable Contracts Trust - High Yield VCT Portfolio - Class I Shares (PIHYB1) |
||||||
3,174 shares (cost $31,122) | 31,487 | |||||
Growth and Income Portfolio - Class I (ACGI) |
||||||
27,873 shares (cost $486,519) | 495,311 | |||||
V.I. Basic Value Fund - Series I (AVBVI) |
||||||
896 shares (cost $5,429) | 5,485 | |||||
V.I. Capital Development Fund - Series I (AVCDI) |
||||||
277 shares (cost $2,548) | 3,444 | |||||
V.I. International Growth Fund - Series I (AVIE) |
||||||
3,467 shares (cost $93,659) | 91,428 | |||||
Micro-Cap Portfolio - Investment Class (ROCMC) |
||||||
177,123 shares (cost $2,068,943) | 1,843,845 | |||||
Equity Income Portfolio - II (TREI2) |
||||||
68,393 shares (cost $1,204,780) | 1,324,778 | |||||
Mid-Cap Growth Portfolio - II (TRMCG2) |
||||||
10,019 shares (cost $241,615) | 208,595 | |||||
New America Growth Portfolio (TRNAG1) |
||||||
11,596 shares (cost $236,759) | 234,930 | |||||
VIP Trust - Global Bond Fund: Initial Class (VWBF) |
||||||
31,889 shares (cost $353,574) | 373,419 | |||||
VIP Trust - Emerging Markets Fund: Initial Class (VWEM) |
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114,209 shares (cost $1,590,918) | 1,187,773 | |||||
VIP Trust - Global Hard Assets Fund: Initial Class (VWHA) |
||||||
20,974 shares (cost $709,507) | 644,946 | |||||
Ivy Fund Variable Insurance Portfolios, Inc. - Growth (WRGP) |
||||||
289 shares (cost $2,520) | 2,940 | |||||
Ivy Fund Variable Insurance Portfolios, Inc. - Real Estate Securities (WRRESP) |
||||||
2,929 shares (cost $16,428) | 19,788 | |||||
Advantage Funds Variable Trust - VT Discovery Fund (SVDF) |
||||||
1,379 shares (cost $21,168) | 29,469 | |||||
Advantage VT Opportunity Fund - Class 2 (SVOF) |
||||||
3,046 shares (cost $39,297) | 52,935 | |||||
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Total Investments |
$ | 175,115,478 | ||||
Other Accounts Payable |
(2,400 | ) | ||||
Accounts Payable-NVIT International Index Fund - Class II (GVIX2) |
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(970
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)
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$ | 175,112,108 | |||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS EQUITY
December 31, 2011
Contract Owners Equity: |
||||
Accumulation units |
175,112,108 | |||
|
|
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Total Contract Owners Equity (note 8) |
$ | 175,112,108 | ||
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See accompanying notes to financial statements.
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | Total | AMVGS2 | AMVGR2 | AMVI2 | MLVLC2 | CVSSE | DSIF | DSRG | ||||||||||||||||||||||||
Reinvested dividends |
$ | 2,137,088 | 1 | 7,680 | 3,253 | 1,545 | - | 427,410 | 153 | |||||||||||||||||||||||
Asset charges (note 3) |
(424,603 | ) | (2 | ) | (1,806 | ) | (76 | ) | (1,670 | ) | (16 | ) | (56,063 | ) | (44 | ) | ||||||||||||||||
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Net investment income (loss) |
1,712,485 | (1 | ) | 5,874 | 3,177 | (125 | ) | (16 | ) | 371,347 | 109 | |||||||||||||||||||||
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Realized gain (loss) on investments |
5,158,382 | - | (15,541 | ) | (339 | ) | (363,309 | ) | 277 | (282,671 | ) | 2,643 | ||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(11,506,115 | ) | (9 | ) | (130,781 | ) | (20,277 | ) | (56 | ) | (317 | ) | (943,818 | ) | (2,388 | ) | ||||||||||||||||
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Net gain (loss) on investments |
(6,347,733 | ) | (9 | ) | (146,322 | ) | (20,616 | ) | (363,365 | ) | (40 | ) | (1,226,489 | ) | 255 | |||||||||||||||||
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Reinvested capital gains |
1,027,172 | - | - | - | - | - | 205,511 | - | ||||||||||||||||||||||||
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Net increase (decrease) in contract owners equity resulting from operations |
$ | (3,608,076 | ) | (10 | ) | (140,448 | ) | (17,439 | ) | (363,490 | ) | (56 | ) | (649,631 | ) | 364 | ||||||||||||||||
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Investment Activity: | OGGO | JABS | JACAS | JAGTS | JAIGS | LZREMS | LOVMCV | MVRISC | ||||||||||||||||||||||||
Reinvested dividends |
$ | - | 2,605 | 504 | - | 9,919 | 19,013 | 77 | 1,537 | |||||||||||||||||||||||
Asset charges (note 3) |
(2,196 | ) | (230 | ) | (463 | ) | (1,693 | ) | (6,386 | ) | (1,555 | ) | (85 | ) | (222 | ) | ||||||||||||||||
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Net investment income (loss) |
(2,196 | ) | 2,375 | 41 | (1,693 | ) | 3,533 | 17,458 | (8 | ) | 1,315 | |||||||||||||||||||||
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Realized gain (loss) on investments |
127,405 | 1,380 | 27,684 | 209,115 | (13,931 | ) | (5,842 | ) | 903 | (975 | ) | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(159,810 | ) | (7,302 | ) | (35,457 | ) | (184,782 | ) | (977,474 | ) | (158,919 | ) | (1,783 | ) | (10,514 | ) | ||||||||||||||||
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Net gain (loss) on investments |
(32,405 | ) | (5,922 | ) | (7,773 | ) | 24,333 | (991,405 | ) | (164,761 | ) | (880 | ) | (11,489 | ) | |||||||||||||||||
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Reinvested capital gains |
- | 4,343 | - | - | 26,090 | - | - | - | ||||||||||||||||||||||||
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Net increase (decrease) in contract owners equity resulting from operations |
$ | (34,601 | ) | 796 | (7,732 | ) | 22,640 | (961,782 | ) | (147,303 | ) | (888 | ) | (10,174 | ) | |||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | MVFSC | MVIVSC | MSEM | MSVMG | MSVRE | HIBF | GEM | GIG | ||||||||||||||||||||||||
Reinvested dividends |
$ | 1,045 | 21,832 | 1,081 | 173 | 9,861 | 119,087 | 7,351 | 1,035 | |||||||||||||||||||||||
Asset charges (note 3) |
(220 | ) | (5,362 | ) | (309 | ) | (152 | ) | (2,663 | ) | (3,483 | ) | (2,612 | ) | (172 | ) | ||||||||||||||||
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Net investment income (loss) |
825 | 16,470 | 772 | 21 | 7,198 | 115,604 | 4,739 | 863 | ||||||||||||||||||||||||
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|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
419 | 10,303 | 3,535 | 23,259 | 51,964 | 121,377 | (9,406 | ) | 12,549 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
309 | (84,598 | ) | (2,363 | ) | (27,235 | ) | (5,710 | ) | (178,436 | ) | (254,031 | ) | (22,571 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
728 | (74,295 | ) | 1,172 | (3,976 | ) | 46,254 | (57,059 | ) | (263,437 | ) | (10,022 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
332 | - | 337 | 22 | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 1,885 | (57,825 | ) | 2,281 | (3,933 | ) | 53,452 | 58,545 | (258,698 | ) | (9,159 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Investment Activity: | TRF | GBF | CAF | GVIX2 | GVIDA | GVIDC | GVIDM | GVDMA | ||||||||||||||||||||||||
Reinvested dividends |
$ | 2,641 | 141,809 | 157 | - | 58 | 140 | 7,449 | 1,100 | |||||||||||||||||||||||
Asset charges (note 3) |
(473 | ) | (11,451 | ) | (65 | ) | (1 | ) | (8 | ) | (14 | ) | (725 | ) | (136 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
2,168 | 130,358 | 92 | (1 | ) | 50 | 126 | 6,724 | 964 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
(461 | ) | 11,500 | 5,849 | (64 | ) | 358 | 4 | 81,016 | 257 | ||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(580 | ) | 175,302 | (5,988 | ) | - | (423 | ) | 2 | (74,765 | ) | (3,555 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
(1,041 | ) | 186,802 | (139 | ) | (64 | ) | (65 | ) | 6 | 6,251 | (3,298 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | 14,521 | - | - | - | 21 | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 1,127 | 331,681 | (47 | ) | (65 | ) | (15 | ) | 153 | 12,975 | (2,334 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | GVDMC | MCIF | SAM | SAM5 | NVMLG1 | NVMLV1 | NVMMG1 | SCGF | ||||||||||||||||||||||||
Reinvested dividends |
$ | 139 | 46,497 | - | 36 | 11 | 552 | - | - | |||||||||||||||||||||||
Asset charges (note 3) |
(15 | ) | (11,985 | ) | (809 | ) | (135,166 | ) | (374 | ) | (119 | ) | (51 | ) | (1,335 | ) | ||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
124 | 34,512 | (809 | ) | (135,130 | ) | (363 | ) | 433 | (51 | ) | (1,335 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
57 | 397,342 | - | - | 1,718 | (616 | ) | 6,518 | 125,601 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(49 | ) | (709,585 | ) | - | - | (5,943 | ) | (4,283 | ) | (7,350 | ) | (34,409 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
8 | (312,243 | ) | - | - | (4,225 | ) | (4,899 | ) | (832 | ) | 91,192 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | 96,280 | - | - | - | 1,725 | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 132 | (181,451 | ) | (809 | ) | (135,130 | ) | (4,588 | ) | (2,741 | ) | (883 | ) | 89,857 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Investment Activity: | SCVF | SCF | MSBF | EIF | ALVGIA | ALVIVA | ACVB | ACVCA | ||||||||||||||||||||||||
Reinvested dividends |
$ | 1,269 | 12,203 | 17,215 | 319 | 419 | 33,454 | 4,982 | - | |||||||||||||||||||||||
Asset charges (note 3) |
(1,006 | ) | (5,676 | ) | (1,330 | ) | (68 | ) | (92 | ) | (1,914 | ) | (651 | ) | (1,093 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
263 | 6,527 | 15,885 | 251 | 327 | 31,540 | 4,331 | (1,093 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
575,052 | 222,080 | 33,308 | 16,711 | 1,588 | (6,981 | ) | 397 | 11,653 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(537,771 | ) | (376,442 | ) | (18,633 | ) | (15,118 | ) | (423 | ) | (191,213 | ) | 8,239 | (39,358 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
37,281 | (154,362 | ) | 14,675 | 1,593 | 1,165 | (198,194 | ) | 8,636 | (27,705 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 37,544 | (147,835 | ) | 30,560 | 1,844 | 1,492 | (166,654 | ) | 12,967 | (28,798 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | ACVIG | ACVI | ACVMV1 | ACVU1 | ACVV | ACVVS1 | DVMCS | DVSCS | ||||||||||||||||||||||||
Reinvested dividends |
$ | 6,996 | 17,244 | 1,134 | - | 15,993 | - | 91 | 37,858 | |||||||||||||||||||||||
Asset charges (note 3) |
(1,120 | ) | (2,925 | ) | (114 | ) | (86 | ) | (1,960 | ) | (115 | ) | (44 | ) | (11,919 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
5,876 | 14,319 | 1,020 | (86 | ) | 14,033 | (115 | ) | 47 | 25,939 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
(12,795 | ) | (72,444 | ) | 43 | 2,106 | 44,093 | (668 | ) | 476 | 21,221 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
12,637 | (79,355 | ) | 4,482 | (1,785 | ) | (54,469 | ) | (2,830 | ) | (543 | ) | (65,854 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
(158 | ) | (151,799 | ) | 4,525 | 321 | (10,376 | ) | (3,498 | ) | (67 | ) | (44,633 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | 15,143 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 5,718 | (137,480 | ) | 5,545 | 235 | 3,657 | (3,613 | ) | (20 | ) | (3,551 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Investment Activity: | DCAP | DGI | DVIV | FQB | FEIP | FHIP | FAMP | FCP | ||||||||||||||||||||||||
Reinvested dividends |
$ | 7,612 | 1,929 | 17,009 | 24,902 | 1,112 | 3,501 | 70,242 | 1,613 | |||||||||||||||||||||||
Asset charges (note 3) |
(1,181 | ) | (380 | ) | (1,872 | ) | (1,024 | ) | (103 | ) | (120 | ) | (9,228 | ) | (368 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
6,431 | 1,549 | 15,137 | 23,878 | 1,009 | 3,381 | 61,014 | 1,245 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
851 | (96 | ) | (77,660 | ) | 18,559 | (151 | ) | (72 | ) | (97,811 | ) | 255 | |||||||||||||||||||
Change in unrealized gain (loss) on investments |
32,788 | (6,179 | ) | (68,355 | ) | (30,852 | ) | (533 | ) | (1,524 | ) | (59,387 | ) | (5,907 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
33,639 | (6,275 | ) | (146,015 | ) | (12,293 | ) | (684 | ) | (1,596 | ) | (157,198 | ) | (5,652 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | 17,065 | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 40,070 | (4,726 | ) | (130,878 | ) | 11,585 | 325 | 1,785 | (79,119 | ) | (4,407 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | FCS | FEIS | FGOP | FGOS | FGP | FGS | FHIS | FIGBS | ||||||||||||||||||||||||
Reinvested dividends |
$ | 18,655 | 8,647 | 26 | 592 | 194 | 1,747 | 5,881 | 1,358 | |||||||||||||||||||||||
Asset charges (note 3) |
(6,761 | ) | (891 | ) | (38 | ) | (2,879 | ) | (124 | ) | (1,786 | ) | (575 | ) | (96 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
11,894 | 7,756 | (12 | ) | (2,287 | ) | 70 | (39 | ) | 5,306 | 1,262 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
563,162 | 51,992 | 4 | 23,333 | (145 | ) | (9,924 | ) | (47,578 | ) | 148 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(914,826 | ) | (52,558 | ) | 293 | (13,909 | ) | (140 | ) | 6,369 | 73,244 | 111 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
(351,664 | ) | (566 | ) | 297 | 9,424 | (285 | ) | (3,555 | ) | 25,666 | 259 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | - | - | - | 176 | 2,461 | - | 1,025 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | (339,770 | ) | 7,190 | 285 | 7,137 | (39 | ) | (1,133 | ) | 30,972 | 2,546 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Investment Activity: | FMCS | FOP | FOS | FVSS | FTVSV2 | TIF2 | FTVGI2 | GVMCE | ||||||||||||||||||||||||
Reinvested dividends |
$ | 2,213 | 404 | 2,138 | 184 | 28,964 | 2,602 | - | 11,566 | |||||||||||||||||||||||
Asset charges (note 3) |
(2,866 | ) | (69 | ) | (511 | ) | (46 | ) | (9,548 | ) | (406 | ) | (243 | ) | (5,038 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
(653 | ) | 335 | 1,627 | 138 | 19,416 | 2,196 | (243 | ) | 6,528 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
30,282 | (515 | ) | 14,889 | 655 | 46,401 | 920 | (128 | ) | 215,991 | ||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(185,841 | ) | (4,631 | ) | (46,204 | ) | (2,535 | ) | (327,776 | ) | (22,361 | ) | (21,533 | ) | (336,789 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
(155,559 | ) | (5,146 | ) | (31,315 | ) | (1,880 | ) | (281,375 | ) | (21,441 | ) | (21,661 | ) | (120,798 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
2,535 | 54 | 449 | - | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | (153,677 | ) | (4,757 | ) | (29,239 | ) | (1,742 | ) | (261,959 | ) | (19,245 | ) | (21,904 | ) | (114,270 | ) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | BNCAI | AMTB | AMTG | AMGP | AMCG | AMTP | AMFAS | OVMS | ||||||||||||||||||||||||
Reinvested dividends |
$ | - | 3,730 | - | 387 | - | - | - | 7,263 | |||||||||||||||||||||||
Asset charges (note 3) |
(593 | ) | (233 | ) | (529 | ) | (187 | ) | (184 | ) | (877 | ) | (14 | ) | (804 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
(593 | ) | 3,497 | (529 | ) | 200 | (184 | ) | (877 | ) | (14 | ) | 6,459 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
63,927 | (1,050 | ) | 1,926 | 4,768 | 26,547 | 20,685 | 2,219 | (7,634 | ) | ||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(54,539 | ) | (2,410 | ) | (2,453 | ) | (7,863 | ) | (17,612 | ) | (57,272 | ) | (1,789 | ) | 2,982 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
9,388 | (3,460 | ) | (527 | ) | (3,095 | ) | 8,935 | (36,587 | ) | 430 | (4,652 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 8,795 | 37 | (1,056 | ) | (2,895 | ) | 8,751 | (37,464 | ) | 416 | 1,807 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Investment Activity: | OVGR | OVB | OVGS | OVGI | OVAG | PMVAAA | PMVFBA | PMVLDA | ||||||||||||||||||||||||
Reinvested dividends |
$ | 7,114 | 16,511 | 22,051 | 1,010 | - | 94,402 | 2,110 | 22,994 | |||||||||||||||||||||||
Asset charges (note 3) |
(3,025 | ) | (724 | ) | (4,297 | ) | (299 | ) | (571 | ) | (1,788 | ) | (280 | ) | (3,415 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
4,089 | 15,787 | 17,754 | 711 | (571 | ) | 92,614 | 1,830 | 19,579 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
202,412 | (11,868 | ) | 1,618 | (677 | ) | 72,734 | 171 | (17,748 | ) | 8,294 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(139,611 | ) | 18,222 | (157,449 | ) | (331 | ) | (49,655 | ) | (27,362 | ) | 21,164 | (16,786 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
62,801 | 6,354 | (155,831 | ) | (1,008 | ) | 23,079 | (27,191 | ) | 3,416 | (8,492 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 66,890 | 22,141 | (138,077 | ) | (297 | ) | 22,508 | 65,423 | 5,246 | 11,087 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | PMVRRA | PMVTRA | PIHYB1 | ACGI | AVBVI | AVCDI | AVIE | ROCMC | ||||||||||||||||||||||||
Reinvested dividends |
$ | 100,084 | 500,926 | 1,590 | - | 45 | - | 1,020 | 49,545 | |||||||||||||||||||||||
Asset charges (note 3) |
(12,101 | ) | (39,287 | ) | (74 | ) | (198 | ) | (17 | ) | (9 | ) | (178 | ) | (7,251 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
87,983 | 461,639 | 1,516 | (198 | ) | 28 | (9 | ) | 842 | 42,294 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
117,579 | 182,859 | 667 | 167 | 768 | 110 | (1,022 | ) | 863,866 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
156,485 | (445,902 | ) | (2,505 | ) | 8,792 | (638 | ) | (345 | ) | (5,668 | ) | (1,170,632 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
274,064 | (263,043 | ) | (1,838 | ) | 8,959 | 130 | (235 | ) | (6,690 | ) | (306,766 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Reinvested capital gains |
150,651 | 415,552 | - | - | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | 512,698 | 614,148 | (322 | ) | 8,761 | 158 | (244 | ) | (5,848 | ) | (264,472 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Investment Activity: | TREI2 | TRMCG2 | TRNAG1 | VWBF | VWEM | VWHA | WRGP | WRRESP | ||||||||||||||||||||||||
Reinvested dividends |
$ | 30,077 | - | 531 | 28,684 | 16,326 | 20,879 | 12 | 48 | |||||||||||||||||||||||
Asset charges (note 3) |
(5,541 | ) | (2,541 | ) | (1,202 | ) | (931 | ) | (6,566 | ) | (2,759 | ) | (8 | ) | (20 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net investment income (loss) |
24,536 | (2,541 | ) | (671 | ) | 27,753 | 9,760 | 18,120 | 4 | 28 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Realized gain (loss) on investments |
199,363 | 313,431 | 177,610 | 92 | 439,583 | 270,504 | 338 | 292 | ||||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(308,136 | ) | (344,041 | ) | (191,688 | ) | (7,488 | ) | (937,216 | ) | (341,490 | ) | (368 | ) | 636 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net gain (loss) on investments |
(108,773 | ) | (30,610 | ) | (14,078 | ) | (7,396 | ) | (497,633 | ) | (70,986 | ) | (30 | ) | 928 | |||||||||||||||||
|
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|
|
|
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|
|
|
|
|
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|
|
|
|||||||||||||||||
Reinvested capital gains |
- | 24,614 | 18,481 | 7,313 | - | 22,357 | 114 | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | (84,237 | ) | (8,537 | ) | 3,732 | 27,670 | (487,873 | ) | (30,509 | ) | 88 | 956 | |||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENT OF OPERATIONS
Year Ended December 31, 2011
Investment Activity: | SVDF | SVOF | CSIEF3 | GEF | WSCP | |||||||||||||||
Reinvested dividends |
$ | - | 77 | 9,738 | 426 | 1,489 | ||||||||||||||
Asset charges (note 3) |
(72 | ) | (200 | ) | (638 | ) | (133 | ) | (584 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Net investment income (loss) |
(72 | ) | (123 | ) | 9,100 | 293 | 905 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Realized gain (loss) on investments |
275 | 27,718 | (14,605 | ) | 35,094 | 78,289 | ||||||||||||||
Change in unrealized gain (loss) on investments |
(342 | ) | (23,439 | ) | (43,725 | ) | (34,379 | ) | (93,843 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Net gain (loss) on investments |
(67 | ) | 4,279 | (58,330 | ) | 715 | (15,554 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Reinvested capital gains |
- | - | - | - | - | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
$ | (139 | ) | 4,156 | (49,230 | ) | 1,008 | (14,649 | ) | |||||||||||
|
|
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
Total | AMVGS2 | AMVGR2 | AMVI2 | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 1,712,485 | 1,718,428 | (1 | ) | - | 5,874 | - | 3,177 | - | ||||||||||||||||||||||
Realized gain (loss) on investments |
5,158,382 | (5,302,366 | ) | - | - | (15,541 | ) | - | (339 | ) | - | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(11,506,115 | ) | 20,299,570 | (9 | ) | - | (130,781 | ) | - | (20,277 | ) | - | ||||||||||||||||||||
Reinvested capital gains |
1,027,172 | 808,512 | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|
|
|
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|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(3,608,076 | ) | 17,524,144 | (10 | ) | - | (140,448 | ) | - | (17,439 | ) | - | ||||||||||||||||||||
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|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
2,072,874 | 935,548 | - | - | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
- | - | 6,033 | - | 1,527,897 | - | 212,329 | - | ||||||||||||||||||||||||
Surrenders (note 6) |
(2,738,285 | ) | (11,485,735 | ) | - | - | - | - | - | - | ||||||||||||||||||||||
Death Benefits (note 4) |
- | (534,288 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
(657 | ) | (282,868 | ) | - | - | - | - | - | - | ||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(2,800,390 | ) | (3,415,692 | ) | (21 | ) | - | (8,709 | ) | - | (644 | ) | - | |||||||||||||||||||
Adjustments to maintain reserves |
527 | 102,345 | 7 | - | (4 | ) | - | (1 | ) | - | ||||||||||||||||||||||
|
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|
|
|
|
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|
|
|
|
|
|
|||||||||||||||||
Net equity transactions |
(3,465,931 | ) | (14,680,690 | ) | 6,019 | - | 1,519,184 | - | 211,684 | - | ||||||||||||||||||||||
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|
|
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|
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|
|
|
|
|||||||||||||||||
Net change in contract owners equity |
(7,074,007 | ) | 2,843,454 | 6,009 | - | 1,378,736 | - | 194,245 | - | |||||||||||||||||||||||
Contract owners equity beginning of period |
182,186,115 | 179,342,661 | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|
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|
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|
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|
|||||||||||||||||
Contract owners equity end of period |
$ | 175,112,108 | 182,186,115 | 6,009 | - | 1,378,736 | - | 194,245 | - | |||||||||||||||||||||||
|
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
13,007,535 | 14,543,050 | - | - | - | - | - | - | ||||||||||||||||||||||||
Units purchased |
3,067,042 | 1,788,681 | 670 | - | 142,005 | - | 24,857 | - | ||||||||||||||||||||||||
Units redeemed |
(3,423,334 | ) | (3,324,196 | ) | (2 | ) | - | (3,380 | ) | - | (84 | ) | - | |||||||||||||||||||
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|
|||||||||||||||||
Ending units |
12,651,243 | 13,007,535 | 668 | - | 138,625 | - | 24,773 | - | ||||||||||||||||||||||||
|
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|
|
|
|
|
|
(Continued)
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
MLVLC2 | CVSSE | DSIF | DSRG | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (125 | ) | 3 | (16 | ) | (22 | ) | 371,347 | 335,795 | 109 | 231 | ||||||||||||||||||||
Realized gain (loss) on investments |
(363,309 | ) | 138 | 277 | 3,074 | (282,671 | ) | (1,948,576 | ) | 2,643 | 4,698 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(56 | ) | (55 | ) | (317 | ) | (1,784 | ) | (943,818 | ) | 4,398,821 | (2,388 | ) | (276 | ) | |||||||||||||||||
Reinvested capital gains |
- | - | - | - | 205,511 | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(363,490 | ) | 86 | (56 | ) | 1,268 | (649,631 | ) | 2,786,040 | 364 | 4,653 | |||||||||||||||||||||
|
|
|
|
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|
|
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|
|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | - | 118,570 | 142,933 | - | 5 | ||||||||||||||||||||||||
Transfers between funds |
371,437 | 462 | (1,013 | ) | 2,013 | (13,410,099 | ) | 11,421,092 | (9,426 | ) | 2,786 | |||||||||||||||||||||
Surrenders (note 6) |
- | (535 | ) | - | (8,016 | ) | (155,429 | ) | (1,874,213 | ) | - | (13,564 | ) | |||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | (73,850 | ) | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | (233 | ) | (143,746 | ) | - | - | ||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(7,768 | ) | (14 | ) | (187 | ) | (297 | ) | (328,483 | ) | (321,755 | ) | (557 | ) | (728 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(5 | ) | (7 | ) | (5 | ) | 8 | (15 | ) | (2,360 | ) | - | 4 | |||||||||||||||||||
|
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|
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|
|
|||||||||||||||||
Net equity transactions |
363,664 | (94 | ) | (1,205 | ) | (6,292 | ) | (13,775,689 | ) | 9,148,101 | (9,983 | ) | (11,497 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net change in contract owners equity |
174 | (8 | ) | (1,261 | ) | (5,024 | ) | (14,425,320 | ) | 11,934,141 | (9,619 | ) | (6,844 | ) | ||||||||||||||||||
Contract owners equity beginning of period |
439 | 447 | 7,160 | 12,184 | 29,468,009 | 17,533,868 | 27,146 | 33,990 | ||||||||||||||||||||||||
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|
|
|
|
|||||||||||||||||
Contract owners equity end of period |
$ | 613 | 439 | 5,899 | 7,160 | 15,042,689 | 29,468,009 | 17,527 | 27,146 | |||||||||||||||||||||||
|
|
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
38 | 42 | 424 | 844 | 2,455,050 | 1,631,128 | 2,396 | 3,436 | ||||||||||||||||||||||||
Units purchased |
708 | 44 | - | 77 | 150,259 | 1,034,248 | 25 | 237 | ||||||||||||||||||||||||
Units redeemed |
(694 | ) | (48 | ) | (69 | ) | (497 | ) | (1,395,009 | ) | (210,326 | ) | (884 | ) | (1,277 | ) | ||||||||||||||||
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|
|||||||||||||||||
Ending units |
52 | 38 | 355 | 424 | 1,210,300 | 2,455,050 | 1,537 | 2,396 | ||||||||||||||||||||||||
|
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|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
OGGO | JABS | JACAS | JAGTS | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (2,196 | ) | (2,683 | ) | 2,375 | 4,016 | 41 | (26 | ) | (1,693 | ) | (2,488 | ) | ||||||||||||||||||
Realized gain (loss) on investments |
127,405 | (29,625 | ) | 1,380 | (11,276 | ) | 27,684 | 14,502 | 209,115 | 439,415 | ||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(159,810 | ) | 281,255 | (7,302 | ) | (4,735 | ) | (35,457 | ) | (1,694 | ) | (184,782 | ) | (104,930 | ) | |||||||||||||||||
Reinvested capital gains |
- | - | 4,343 | - | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(34,601 | ) | 248,947 | 796 | (11,995 | ) | (7,732 | ) | 12,782 | 22,640 | 331,997 | |||||||||||||||||||||
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | 33,993 | - | 22,444 | 597 | - | (18,051 | ) | |||||||||||||||||||||||
Transfers between funds |
(248,412 | ) | (502,165 | ) | 54,348 | 11,165 | (72,410 | ) | 28,383 | (1,491,629 | ) | (344,457 | ) | |||||||||||||||||||
Surrenders (note 6) |
(90,482 | ) | (115,837 | ) | (12 | ) | (42,161 | ) | (6 | ) | (20,740 | ) | - | (85,287 | ) | |||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(9,754 | ) | (11,735 | ) | (3,217 | ) | (3,622 | ) | (5,929 | ) | (7,044 | ) | (10,457 | ) | (12,197 | ) | ||||||||||||||||
Adjustments to maintain reserves |
7 | 6,224 | (16 | ) | 13 | 10 | 18 | 622 | 19,815 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net equity transactions |
(348,641 | ) | (623,513 | ) | 85,096 | (34,605 | ) | (55,891 | ) | 1,214 | (1,501,464 | ) | (440,177 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Net change in contract owners equity |
(383,242 | ) | (374,566 | ) | 85,892 | (46,600 | ) | (63,623 | ) | 13,996 | (1,478,824 | ) | (108,180 | ) | ||||||||||||||||||
Contract owners equity beginning of period |
1,015,069 | 1,389,635 | 52,222 | 98,822 | 215,833 | 201,837 | 1,668,762 | 1,776,942 | ||||||||||||||||||||||||
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|||||||||||||||||
Contract owners equity end of period |
$ | 631,827 | 1,015,069 | 138,114 | 52,222 | 152,210 | 215,833 | 189,938 | 1,668,762 | |||||||||||||||||||||||
|
|
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|
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|
|
|
|
|
|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
48,346 | 82,943 | 2,884 | 5,886 | 19,884 | 19,750 | 298,426 | 394,308 | ||||||||||||||||||||||||
Units purchased |
70 | 206 | 4,836 | - | 2,536 | 2,761 | 810 | 2,505 | ||||||||||||||||||||||||
Units redeemed |
(16,271 | ) | (34,803 | ) | (176 | ) | (3,002 | ) | (7,314 | ) | (2,627 | ) | (261,957 | ) | (98,387 | ) | ||||||||||||||||
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|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|||||||||||||||||
Ending units |
32,145 | 48,346 | 7,544 | 2,884 | 15,106 | 19,884 | 37,279 | 298,426 | ||||||||||||||||||||||||
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|
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|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
JAIGS | LZREMS | LOVMCV | MVRISC | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 3,533 | 7,305 | 17,458 | (1,008 | ) | (8 | ) | (116 | ) | 1,315 | 948 | ||||||||||||||||||||
Realized gain (loss) on investments |
(13,931 | ) | 182,590 | (5,842 | ) | 383,767 | 903 | 43,716 | (975 | ) | (566 | ) | ||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(977,474 | ) | 459,273 | (158,919 | ) | - | (1,783 | ) | (23,595 | ) | (10,514 | ) | 8,180 | |||||||||||||||||||
Reinvested capital gains |
26,090 | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
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|
|
|
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|
|
|
|
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|
|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(961,782 | ) | 649,168 | (147,303 | ) | 382,759 | (888 | ) | 20,005 | (10,174 | ) | 8,562 | ||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
14,389 | 901 | 90,071 | - | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
(65,612 | ) | (477,536 | ) | 953,752 | (378,941 | ) | 12 | (47,139 | ) | (3,864 | ) | - | |||||||||||||||||||
Surrenders (note 6) |
- | (60,523 | ) | - | - | - | (38,623 | ) | - | - | ||||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
(582 | ) | (59,142 | ) | - | - | - | - | - | - | ||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(47,092 | ) | (49,222 | ) | (13,329 | ) | (3,821 | ) | (984 | ) | (2,884 | ) | (3,843 | ) | (3,335 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(29 | ) | 99 | (8 | ) | 3 | 3 | 7 | 2 | 7 | ||||||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
(98,926 | ) | (645,423 | ) | 1,030,486 | (382,759 | ) | (969 | ) | (88,639 | ) | (7,705 | ) | (3,328 | ) | |||||||||||||||||
|
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|
|
|
|
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|
|
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|
|
|
|||||||||||||||||
Net change in contract owners equity |
(1,060,708 | ) | 3,745 | 883,183 | - | (1,857 | ) | (68,634 | ) | (17,879 | ) | 5,234 | ||||||||||||||||||||
Contract owners equity beginning of period |
2,994,525 | 2,990,780 | - | - | 36,593 | 105,227 | 93,289 | 88,055 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 1,933,817 | 2,994,525 | 883,183 | - | 34,736 | 36,593 | 75,410 | 93,289 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
154,714 | 192,694 | - | - | 3,024 | 10,880 | 10,732 | 11,163 | ||||||||||||||||||||||||
Units purchased |
1,487 | 1,527 | 97,607 | - | 41 | 91 | - | - | ||||||||||||||||||||||||
Units redeemed |
(8,170 | ) | (39,507 | ) | (2,797 | ) | - | (67 | ) | (7,947 | ) | (954 | ) | (431 | ) | |||||||||||||||||
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|||||||||||||||||
Ending units |
148,031 | 154,714 | 94,810 | - | 2,998 | 3,024 | 9,778 | 10,732 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
MVFSC | MVIVSC | MSEM | MSVMG | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 825 | 826 | 16,470 | 16,049 | 772 | 1,146 | 21 | (182 | ) | ||||||||||||||||||||||
Realized gain (loss) on investments |
419 | 58 | 10,303 | 190 | 3,535 | 1,760 | 23,259 | 17,466 | ||||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
309 | 7,331 | (84,598 | ) | 163,751 | (2,363 | ) | (337 | ) | (27,235 | ) | 3,861 | ||||||||||||||||||||
Reinvested capital gains |
332 | - | - | - | 337 | - | 22 | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
1,885 | 8,215 | (57,825 | ) | 179,990 | 2,281 | 2,569 | (3,933 | ) | 21,145 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | (45,944 | ) | - | - | - | 83 | |||||||||||||||||||||||
Transfers between funds |
26,496 | - | 644,183 | 500,376 | 547,537 | 12,718 | 30,769 | (16,631 | ) | |||||||||||||||||||||||
Surrenders (note 6) |
- | - | (6,880 | ) | (170,058 | ) | - | (7,518 | ) | - | (8,296 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(3,713 | ) | (3,029 | ) | (25,383 | ) | (17,779 | ) | (4,735 | ) | (1,203 | ) | (1,791 | ) | (1,574 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(6 | ) | 8 | 2,139 | 46,947 | 12 | 3 | (21 | ) | (84 | ) | |||||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
22,777 | (3,021 | ) | 614,059 | 313,542 | 542,814 | 4,000 | 28,957 | (26,502 | ) | ||||||||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
24,662 | 5,194 | 556,234 | 493,532 | 545,095 | 6,569 | 25,024 | (5,357 | ) | |||||||||||||||||||||||
Contract owners equity beginning of period |
83,135 | 77,941 | 2,060,906 | 1,567,374 | 30,163 | 23,594 | 69,071 | 74,428 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 107,797 | 83,135 | 2,617,140 | 2,060,906 | 575,258 | 30,163 | 94,095 | 69,071 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
9,308 | 9,681 | 144,340 | 119,114 | 1,169 | 1,001 | 5,561 | 7,909 | ||||||||||||||||||||||||
Units purchased |
3,262 | - | 53,783 | 26,613 | 21,585 | 510 | 2,757 | 411 | ||||||||||||||||||||||||
Units redeemed |
(414 | ) | (373 | ) | (11,044 | ) | (1,387 | ) | (1,872 | ) | (342 | ) | (141 | ) | (2,759 | ) | ||||||||||||||||
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|||||||||||||||||
Ending units |
12,156 | 9,308 | 187,079 | 144,340 | 20,882 | 1,169 | 8,177 | 5,561 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
MSVRE | HIBF | GEM | GIG | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 7,198 | 13,761 | 115,604 | 137,331 | 4,739 | (1,954 | ) | 863 | 388 | ||||||||||||||||||||||
Realized gain (loss) on investments |
51,964 | 168,259 | 121,377 | (8,309 | ) | (9,406 | ) | (11,498 | ) | 12,549 | 10,624 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(5,710 | ) | 117,847 | (178,436 | ) | 69,901 | (254,031 | ) | 172,343 | (22,571 | ) | (3,056 | ) | |||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
53,452 | 299,867 | 58,545 | 198,923 | (258,698 | ) | 158,891 | (9,159 | ) | 7,956 | ||||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
52,939 | 27,752 | 68,132 | 61,967 | - | - | - | 131 | ||||||||||||||||||||||||
Transfers between funds |
279,259 | (691,389 | ) | (486,916 | ) | 41,679 | 6,683 | 15,793 | 33,410 | (22,400 | ) | |||||||||||||||||||||
Surrenders (note 6) |
- | (9,265 | ) | - | (77,820 | ) | - | (814 | ) | - | (3,195 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | (13,417 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | 8 | (39,452 | ) | - | - | - | - | |||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(31,330 | ) | (47,074 | ) | (22,097 | ) | (28,622 | ) | (23,796 | ) | (21,941 | ) | (1,694 | ) | (1,387 | ) | ||||||||||||||||
Adjustments to maintain reserves |
5 | 101 | (3 | ) | (6 | ) | 7 | 10 | 5 | (145 | ) | |||||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
300,873 | (733,292 | ) | (440,876 | ) | (42,254 | ) | (17,106 | ) | (6,952 | ) | 31,721 | (26,996 | ) | ||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
354,325 | (433,425 | ) | (382,331 | ) | 156,669 | (275,804 | ) | 151,939 | 22,562 | (19,040 | ) | ||||||||||||||||||||
Contract owners equity beginning of period |
855,641 | 1,289,066 | 1,716,834 | 1,560,165 | 1,158,332 | 1,006,393 | 60,092 | 79,132 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 1,209,966 | 855,641 | 1,334,503 | 1,716,834 | 882,528 | 1,158,332 | 82,654 | 60,092 | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
29,662 | 57,931 | 92,350 | 94,725 | 40,199 | 40,474 | 4,554 | 6,777 | ||||||||||||||||||||||||
Units purchased |
11,365 | 1,965 | 3,643 | 5,831 | 289 | 728 | 4,908 | 297 | ||||||||||||||||||||||||
Units redeemed |
(958 | ) | (30,234 | ) | (26,472 | ) | (8,206 | ) | (934 | ) | (1,003 | ) | (2,503 | ) | (2,520 | ) | ||||||||||||||||
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Ending units |
40,069 | 29,662 | 69,521 | 92,350 | 39,554 | 40,199 | 6,959 | 4,554 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
TRF | GBF | CAF | GVIX2 | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 2,168 | 1,429 | 130,358 | 115,547 | 92 | 123 | (1 | ) | 75,848 | ||||||||||||||||||||||
Realized gain (loss) on investments |
(461 | ) | (3,173 | ) | 11,500 | 21,032 | 5,849 | 3,566 | (64 | ) | (1,135,726 | ) | ||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(580 | ) | 27,337 | 175,302 | (96,681 | ) | (5,988 | ) | 2,763 | - | 1,701,181 | |||||||||||||||||||||
Reinvested capital gains |
- | - | 14,521 | 153,539 | - | - | - | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
1,127 | 25,593 | 331,681 | 193,437 | (47 | ) | 6,452 | (65 | ) | 641,303 | ||||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
17,570 | 10,550 | 498,372 | 418,068 | - | 11 | - | 496 | ||||||||||||||||||||||||
Transfers between funds |
69,785 | (30,855 | ) | 186,429 | (336,311 | ) | (7,587 | ) | (5,960 | ) | 1,032 | (5,174,800 | ) | |||||||||||||||||||
Surrenders (note 6) |
- | (1,339 | ) | (55 | ) | (151,169 | ) | - | (805 | ) | - | 1 | ||||||||||||||||||||
Death Benefits (note 4) |
- | (127 | ) | - | (43,388 | ) | - | (79 | ) | - | (29,460 | ) | ||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(3,963 | ) | (4,087 | ) | (125,034 | ) | (217,932 | ) | (1,072 | ) | (1,155 | ) | (4 | ) | (35,571 | ) | ||||||||||||||||
Adjustments to maintain reserves |
7 | (7 | ) | 7 | (57 | ) | (2 | ) | (7 | ) | 7 | (402 | ) | |||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
83,399 | (25,865 | ) | 559,719 | (330,789 | ) | (8,661 | ) | (7,995 | ) | 1,035 | (5,239,736 | ) | |||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
84,526 | (272 | ) | 891,400 | (137,352 | ) | (8,708 | ) | (1,543 | ) | 970 | (4,598,433 | ) | |||||||||||||||||||
Contract owners equity beginning of period |
198,662 | 198,934 | 4,087,730 | 4,225,082 | 35,238 | 36,781 | - | 4,598,433 | ||||||||||||||||||||||||
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|
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Contract owners equity end of period |
$ | 283,188 | 198,662 | 4,979,130 | 4,087,730 | 26,530 | 35,238 | 970 | - | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
17,101 | 19,379 | 216,088 | 233,432 | 4,363 | 5,417 | - | 623,586 | ||||||||||||||||||||||||
Units purchased |
7,490 | 1,874 | 38,869 | 22,783 | 41 | 138 | 142 | 57,703 | ||||||||||||||||||||||||
Units redeemed |
(441 | ) | (4,152 | ) | 2,614 | (40,127 | ) | (1,088 | ) | (1,192 | ) | (1 | ) | (681,289 | ) | |||||||||||||||||
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|
|||||||||||||||||
Ending units |
24,150 | 17,101 | 257,571 | 216,088 | 3,316 | 4,363 | 141 | - | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
GVIDA | GVIDC | GVIDM | GVDMA | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 50 | 72 | 126 | 113 | 6,724 | 9,501 | 964 | 794 | |||||||||||||||||||||||
Realized gain (loss) on investments |
358 | 1,289 | 4 | (2 | ) | 81,016 | 5,368 | 257 | 12,244 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(423 | ) | (535 | ) | 2 | 187 | (74,765 | ) | 38,037 | (3,555 | ) | (6,244 | ) | |||||||||||||||||||
Reinvested capital gains |
- | - | 21 | 15 | - | - | - | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(15 | ) | 826 | 153 | 313 | 12,975 | 52,906 | (2,334 | ) | 6,794 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | - | - | 590 | - | - | ||||||||||||||||||||||||
Transfers between funds |
(1,839 | ) | 3,718 | 510 | 1,016 | (423,299 | ) | (92,787 | ) | 32,925 | 37,825 | |||||||||||||||||||||
Surrenders (note 6) |
- | (3,217 | ) | - | - | (54,551 | ) | (56,894 | ) | - | (39,982 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | (21,115 | ) | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(120 | ) | (158 | ) | (262 | ) | (245 | ) | (13,543 | ) | (34,520 | ) | (1,392 | ) | (1,420 | ) | ||||||||||||||||
Adjustments to maintain reserves |
7 | (4 | ) | 5 | 2 | 8 | 38 | (6 | ) | 6 | ||||||||||||||||||||||
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Net equity transactions |
(1,952 | ) | 339 | 253 | 773 | (491,385 | ) | (204,688 | ) | 31,527 | (3,571 | ) | ||||||||||||||||||||
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Net change in contract owners equity |
(1,967 | ) | 1,165 | 406 | 1,086 | (478,410 | ) | (151,782 | ) | 29,193 | 3,223 | |||||||||||||||||||||
Contract owners equity beginning of period |
4,554 | 3,389 | 5,542 | 4,456 | 512,467 | 664,249 | 41,306 | 38,083 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 2,587 | 4,554 | 5,948 | 5,542 | 34,057 | 512,467 | 70,499 | 41,306 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
302 | 257 | 398 | 338 | 34,662 | 49,707 | 2,732 | 2,835 | ||||||||||||||||||||||||
Units purchased |
2 | 272 | 37 | 78 | 553 | - | 2,136 | 2,670 | ||||||||||||||||||||||||
Units redeemed |
(125 | ) | (227 | ) | (19 | ) | (18 | ) | (32,905 | ) | (15,045 | ) | (92 | ) | (2,773 | ) | ||||||||||||||||
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Ending units |
179 | 302 | 416 | 398 | 2,310 | 34,662 | 4,776 | 2,732 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
GVDMC | MCIF | SAM | SAM5 | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 124 | 115 | 34,512 | 55,414 | (809 | ) | (827 | ) | (135,130 | ) | (133,433 | ) | |||||||||||||||||||
Realized gain (loss) on investments |
57 | 775 | 397,342 | (319,541 | ) | - | - | - | - | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(49 | ) | (387 | ) | (709,585 | ) | 1,475,951 | - | - | - | - | |||||||||||||||||||||
Reinvested capital gains |
- | - | 96,280 | 6,016 | - | - | - | - | ||||||||||||||||||||||||
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Net increase (decrease) in contract owners equity resulting from operations |
132 | 503 | (181,451 | ) | 1,217,840 | (809 | ) | (827 | ) | (135,130 | ) | (133,433 | ) | |||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | 4,710 | - | - | 1,236 | 17,409 | ||||||||||||||||||||||||
Transfers between funds |
840 | 4,454 | (464,898 | ) | (47,769 | ) | - | - | 8,766,391 | (1,911,656 | ) | |||||||||||||||||||||
Surrenders (note 6) |
- | (3,990 | ) | - | (20,292 | ) | - | - | (1,011,641 | ) | (1,731,860 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | (34,646 | ) | - | - | - | (52,467 | ) | ||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(204 | ) | (207 | ) | (49,549 | ) | (42,806 | ) | (5,724 | ) | (5,669 | ) | (699,740 | ) | (802,660 | ) | ||||||||||||||||
Adjustments to maintain reserves |
2 | (3 | ) | (38 | ) | (233 | ) | 1 | (1 | ) | (357 | ) | (175 | ) | ||||||||||||||||||
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Net equity transactions |
638 | 254 | (514,485 | ) | (141,036 | ) | (5,723 | ) | (5,670 | ) | 7,055,889 | (4,481,409 | ) | |||||||||||||||||||
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Net change in contract owners equity |
770 | 757 | (695,936 | ) | 1,076,804 | (6,532 | ) | (6,497 | ) | 6,920,759 | (4,614,842 | ) | ||||||||||||||||||||
Contract owners equity beginning of period |
5,704 | 4,947 | 6,024,341 | 4,947,537 | 327,734 | 334,231 | 52,435,593 | 57,050,435 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 6,474 | 5,704 | 5,328,405 | 6,024,341 | 321,202 | 327,734 | 59,356,352 | 52,435,593 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
392 | 368 | 310,712 | 320,194 | 24,079 | 24,495 | 4,560,736 | 4,949,229 | ||||||||||||||||||||||||
Units purchased |
59 | 315 | 3,759 | - | - | - | 971,652 | 87,027 | ||||||||||||||||||||||||
Units redeemed |
(14 | ) | (291 | ) | (31,948 | ) | (9,482 | ) | (421 | ) | (416 | ) | (359,268 | ) | (475,520 | ) | ||||||||||||||||
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Ending units |
437 | 392 | 282,523 | 310,712 | 23,658 | 24,079 | 5,173,120 | 4,560,736 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
NVMLG1 | NVMLV1 | NVMMG1 | SCGF | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (363 | ) | (169 | ) | 433 | 162 | (51 | ) | (51 | ) | (1,335 | ) | (550 | ) | |||||||||||||||||
Realized gain (loss) on investments |
1,718 | (2,004 | ) | (616 | ) | 444 | 6,518 | 1,357 | 125,601 | (11,080 | ) | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(5,943 | ) | 11,761 | (4,283 | ) | 917 | (7,350 | ) | 3,838 | (34,409 | ) | 64,399 | ||||||||||||||||||||
Reinvested capital gains |
- | 5,190 | 1,725 | 1,621 | - | - | - | - | ||||||||||||||||||||||||
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|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(4,588 | ) | 14,778 | (2,741 | ) | 3,144 | (883 | ) | 5,144 | 89,857 | 52,769 | |||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | 53 | - | - | 37 | 657 | - | 39 | ||||||||||||||||||||||||
Transfers between funds |
3,194 | 165,476 | 5,042 | 69,196 | (15,385 | ) | (1,640 | ) | (91,818 | ) | (6,320 | ) | ||||||||||||||||||||
Surrenders (note 6) |
- | (27,930 | ) | - | (23,278 | ) | - | - | - | (20,497 | ) | |||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | (114 | ) | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(3,604 | ) | (2,080 | ) | (1,800 | ) | (1,332 | ) | (648 | ) | (688 | ) | (10,426 | ) | (6,395 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(8 | ) | (52 | ) | (4 | ) | 6 | 2 | (1 | ) | (9 | ) | (37 | ) | ||||||||||||||||||
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Net equity transactions |
(418 | ) | 135,467 | 3,238 | 44,592 | (15,994 | ) | (1,786 | ) | (102,253 | ) | (33,210 | ) | |||||||||||||||||||
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Net change in contract owners equity |
(5,006 | ) | 150,245 | 497 | 47,736 | (16,877 | ) | 3,358 | (12,396 | ) | 19,559 | |||||||||||||||||||||
Contract owners equity beginning of period |
150,245 | - | 47,736 | - | 23,391 | 20,033 | 245,159 | 225,600 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 145,239 | 150,245 | 48,233 | 47,736 | 6,514 | 23,391 | 232,763 | 245,159 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
15,853 | - | 4,547 | - | 2,326 | 2,520 | 15,458 | 17,800 | ||||||||||||||||||||||||
Units purchased |
345 | 19,056 | 518 | 7,472 | 31 | 253 | 39 | 141 | ||||||||||||||||||||||||
Units redeemed |
(375 | ) | (3,203 | ) | (174 | ) | (2,925 | ) | (1,679 | ) | (447 | ) | (688 | ) | (2,483 | ) | ||||||||||||||||
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Ending units |
15,823 | 15,853 | 4,891 | 4,547 | 678 | 2,326 | 14,809 | 15,458 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
SCVF | SCF | MSBF | EIF | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 263 | 10,698 | 6,527 | 695 | 15,885 | 41,727 | 251 | 686 | |||||||||||||||||||||||
Realized gain (loss) on investments |
575,052 | (273,562 | ) | 222,080 | 7,034 | 33,308 | 22,027 | 16,711 | 2,788 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(537,771 | ) | 1,036,974 | (376,442 | ) | 486,754 | (18,633 | ) | 10,272 | (15,118 | ) | 5,221 | ||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
37,544 | 774,110 | (147,835 | ) | 494,483 | 30,560 | 74,026 | 1,844 | 8,695 | |||||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | 107 | 1,410 | 4,166 | - | (42 | ) | - | 152 | |||||||||||||||||||||||
Transfers between funds |
(3,405,523 | ) | (181,465 | ) | (256,737 | ) | 37,667 | (487,032 | ) | 11,077 | (39,191 | ) | 2,607 | |||||||||||||||||||
Surrenders (note 6) |
- | (40,868 | ) | (169,459 | ) | (228,776 | ) | (167,940 | ) | (172,088 | ) | - | (4,023 | ) | ||||||||||||||||||
Death Benefits (note 4) |
- | (1,711 | ) | - | (16,498 | ) | - | - | - | (2,943 | ) | |||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(12,938 | ) | (112,069 | ) | (55,052 | ) | (93,718 | ) | (17,110 | ) | (35,750 | ) | (1,398 | ) | (3,261 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(3 | ) | 327 | (9 | ) | (283 | ) | (10 | ) | (242 | ) | - | - | |||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
(3,418,464 | ) | (335,679 | ) | (479,847 | ) | (297,442 | ) | (672,092 | ) | (197,045 | ) | (40,589 | ) | (7,468 | ) | ||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
(3,380,920 | ) | 438,431 | (627,682 | ) | 197,041 | (641,532 | ) | (123,019 | ) | (38,745 | ) | 1,227 | |||||||||||||||||||
Contract owners equity beginning of period |
3,648,073 | 3,209,642 | 2,340,005 | 2,142,964 | 684,915 | 807,934 | 57,015 | 55,788 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 267,153 | 3,648,073 | 1,712,323 | 2,340,005 | 43,383 | 684,915 | 18,270 | 57,015 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
146,751 | 163,056 | 97,696 | 111,836 | 38,663 | 50,310 | 4,655 | 5,260 | ||||||||||||||||||||||||
Units purchased |
- | 408 | 4,230 | 7,194 | - | 219 | 103 | 323 | ||||||||||||||||||||||||
Units redeemed |
(135,402 | ) | (16,713 | ) | (26,023 | ) | (21,334 | ) | (36,337 | ) | (11,866 | ) | (3,227 | ) | (928 | ) | ||||||||||||||||
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Ending units |
11,349 | 146,751 | 75,903 | 97,696 | 2,326 | 38,663 | 1,531 | 4,655 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
ALVGIA | ALVIVA | ACVB | ACVCA | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 327 | (70 | ) | 31,540 | 58,392 | 4,331 | 4,072 | (1,093 | ) | (959 | ) | ||||||||||||||||||||
Realized gain (loss) on investments |
1,588 | 695 | (6,981 | ) | (1,872,276 | ) | 397 | (1,038 | ) | 11,653 | 4,824 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(423 | ) | 2,951 | (191,213 | ) | 1,479,710 | 8,239 | 23,804 | (39,358 | ) | 102,698 | |||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
1,492 | 3,576 | (166,654 | ) | (334,174 | ) | 12,967 | 26,838 | (28,798 | ) | 106,563 | |||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
8,992 | 66 | 128,685 | 86,563 | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
4,845 | 2,478 | (228,726 | ) | (4,227,780 | ) | (54 | ) | (124 | ) | (3,621 | ) | (17,864 | ) | ||||||||||||||||||
Surrenders (note 6) |
(11 | ) | (535 | ) | - | - | (1 | ) | - | - | - | |||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | (29,330 | ) | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(1,963 | ) | (2,127 | ) | (15,054 | ) | (45,136 | ) | (11,710 | ) | (10,940 | ) | (19,724 | ) | (16,872 | ) | ||||||||||||||||
Adjustments to maintain reserves |
13 | (2 | ) | 9 | (891 | ) | 4 | 10 | (21 | ) | 40 | |||||||||||||||||||||
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Net equity transactions |
11,876 | (120 | ) | (115,086 | ) | (4,216,574 | ) | (11,761 | ) | (11,054 | ) | (23,366 | ) | (34,696 | ) | |||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
13,368 | 3,456 | (281,740 | ) | (4,550,748 | ) | 1,206 | 15,784 | (52,164 | ) | 71,867 | |||||||||||||||||||||
Contract owners equity beginning of period |
29,944 | 26,488 | 968,496 | 5,519,244 | 259,921 | 244,137 | 450,060 | 378,193 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 43,312 | 29,944 | 686,756 | 968,496 | 261,127 | 259,921 | 397,896 | 450,060 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
1,968 | 1,964 | 123,777 | 734,796 | 18,479 | 19,328 | 19,302 | 21,242 | ||||||||||||||||||||||||
Units purchased |
840 | 196 | 15,663 | 80,852 | - | - | - | - | ||||||||||||||||||||||||
Units redeemed |
(124 | ) | (192 | ) | (30,661 | ) | (691,871 | ) | (810 | ) | (849 | ) | (1,004 | ) | (1,940 | ) | ||||||||||||||||
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|
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|
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|
|||||||||||||||||
Ending units |
2,684 | 1,968 | 108,779 | 123,777 | 17,669 | 18,479 | 18,298 | 19,302 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
ACVIG | ACVI | ACVMV1 | ACVU1 | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 5,876 | 5,378 | 14,319 | 31,660 | 1,020 | - | (86 | ) | 438 | ||||||||||||||||||||||
Realized gain (loss) on investments |
(12,795 | ) | (16,192 | ) | (72,444 | ) | (152,833 | ) | 43 | - | 2,106 | 29,672 | ||||||||||||||||||||
Change in unrealized gain (loss) on investments |
12,637 | 71,222 | (79,355 | ) | 288,789 | 4,482 | - | (1,785 | ) | (16,410 | ) | |||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|
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|
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|
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
5,718 | 60,408 | (137,480 | ) | 167,616 | 5,545 | - | 235 | 13,700 | |||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
2,726 | 1,134 | 4,833 | 2,408 | - | - | 6,562 | - | ||||||||||||||||||||||||
Transfers between funds |
(11,776 | ) | (19,420 | ) | (150,771 | ) | (343,289 | ) | 273,165 | - | (4,758 | ) | (89,206 | ) | ||||||||||||||||||
Surrenders (note 6) |
- | (7,235 | ) | (42 | ) | (11,192 | ) | - | - | (3 | ) | (25,588 | ) | |||||||||||||||||||
Death Benefits (note 4) |
- | (1,396 | ) | - | (8,275 | ) | - | - | - | - | ||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(8,285 | ) | (8,840 | ) | (38,056 | ) | (46,596 | ) | (1,722 | ) | - | (1,321 | ) | (3,903 | ) | |||||||||||||||||
Adjustments to maintain reserves |
(5 | ) | 9 | (17 | ) | (27 | ) | 4 | - | (6 | ) | 7 | ||||||||||||||||||||
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Net equity transactions |
(17,340 | ) | (35,748 | ) | (184,053 | ) | (406,971 | ) | 271,447 | - | 474 | (118,690 | ) | |||||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
(11,622 | ) | 24,660 | (321,533 | ) | (239,355 | ) | 276,992 | - | 709 | (104,990 | ) | ||||||||||||||||||||
Contract owners equity beginning of period |
458,879 | 434,219 | 1,300,926 | 1,540,281 | - | - | 36,837 | 141,827 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 447,257 | 458,879 | 979,393 | 1,300,926 | 276,992 | - | 37,546 | 36,837 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
35,261 | 37,991 | 89,078 | 119,188 | - | - | 3,101 | 13,825 | ||||||||||||||||||||||||
Units purchased |
239 | 208 | 370 | 2,714 | 28,599 | - | 605 | 517 | ||||||||||||||||||||||||
Units redeemed |
(2,086 | ) | (2,938 | ) | (13,015 | ) | (32,824 | ) | (2,290 | ) | - | (571 | ) | (11,241 | ) | |||||||||||||||||
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Ending units |
33,414 | 35,261 | 76,433 | 89,078 | 26,309 | - | 3,135 | 3,101 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
ACVV | ACVVS1 | DVMCS | DVSCS | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 14,033 | 17,357 | (115 | ) | (106 | ) | 47 | 67 | 25,939 | 19,901 | |||||||||||||||||||||
Realized gain (loss) on investments |
44,093 | (14,247 | ) | (668 | ) | (1,085 | ) | 476 | 3,092 | 21,221 | (1,341,289 | ) | ||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(54,469 | ) | 110,683 | (2,830 | ) | 11,043 | (543 | ) | (265 | ) | (65,854 | ) | 2,535,774 | |||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | 15,143 | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
3,657 | 113,793 | (3,613 | ) | 9,852 | (20 | ) | 2,894 | (3,551 | ) | 1,214,386 | |||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | 290 | - | - | - | - | - | 4,293 | ||||||||||||||||||||||||
Transfers between funds |
(112,244 | ) | (901 | ) | (205 | ) | 8,871 | 1,108 | (39,456 | ) | (665,521 | ) | (34,061 | ) | ||||||||||||||||||
Surrenders (note 6) |
(22,495 | ) | (115,089 | ) | - | (2,133 | ) | - | (805 | ) | (900 | ) | (3,357 | ) | ||||||||||||||||||
Death Benefits (note 4) |
- | (6,808 | ) | - | - | - | - | - | (33,822 | ) | ||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(24,642 | ) | (31,144 | ) | (2,072 | ) | (1,793 | ) | (801 | ) | (798 | ) | (48,221 | ) | (39,668 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(23 | ) | (665 | ) | (5 | ) | 8 | (8 | ) | - | (23 | ) | (353 | ) | ||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
(159,404 | ) | (154,317 | ) | (2,282 | ) | 4,953 | 299 | (41,059 | ) | (714,665 | ) | (106,968 | ) | ||||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
(155,747 | ) | (40,524 | ) | (5,895 | ) | 14,805 | 279 | (38,165 | ) | (718,216 | ) | 1,107,418 | |||||||||||||||||||
Contract owners equity beginning of period |
885,541 | 926,065 | 49,478 | 34,673 | 18,165 | 56,330 | 5,987,701 | 4,880,283 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 729,794 | 885,541 | 43,583 | 49,478 | 18,444 | 18,165 | 5,269,485 | 5,987,701 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
48,529 | 57,418 | 3,686 | 3,192 | 1,006 | 3,955 | 356,829 | 365,217 | ||||||||||||||||||||||||
Units purchased |
134 | 356 | 97 | 811 | 59 | 425 | 11,173 | - | ||||||||||||||||||||||||
Units redeemed |
(8,972 | ) | (9,245 | ) | (249 | ) | (317 | ) | (45 | ) | (3,374 | ) | (55,107 | ) | (8,388 | ) | ||||||||||||||||
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Ending units |
39,691 | 48,529 | 3,534 | 3,686 | 1,020 | 1,006 | 312,895 | 356,829 | ||||||||||||||||||||||||
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|
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
DCAP | DGI | DVIV | FQB | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 6,431 | 6,749 | 1,549 | 1,354 | 15,137 | 14,763 | 23,878 | 20,326 | |||||||||||||||||||||||
Realized gain (loss) on investments |
851 | (8,212 | ) | (96 | ) | (1,295 | ) | (77,660 | ) | (212,658 | ) | 18,559 | 12,690 | |||||||||||||||||||
Change in unrealized gain (loss) on investments |
32,788 | 60,735 | (6,179 | ) | 24,328 | (68,355 | ) | 232,907 | (30,852 | ) | 2,232 | |||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
40,070 | 59,272 | (4,726 | ) | 24,387 | (130,878 | ) | 35,012 | 11,585 | 35,248 | ||||||||||||||||||||||
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|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
12,588 | 730 | - | - | - | (57 | ) | 89 | 1,582 | |||||||||||||||||||||||
Transfers between funds |
34,330 | 76,746 | (41 | ) | 1,309 | (304,856 | ) | 58,989 | (229,846 | ) | 159,191 | |||||||||||||||||||||
Surrenders (note 6) |
(40 | ) | (38,390 | ) | - | - | (109,980 | ) | (175,179 | ) | - | (100,761 | ) | |||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | (2,490 | ) | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(12,214 | ) | (11,134 | ) | (6,851 | ) | (6,167 | ) | (24,035 | ) | (38,954 | ) | (12,279 | ) | (14,813 | ) | ||||||||||||||||
Adjustments to maintain reserves |
6 | 15 | (4 | ) | 17 | 36 | 1,121 | 12 | (8 | ) | ||||||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
34,670 | 27,967 | (6,896 | ) | (4,841 | ) | (438,835 | ) | (154,080 | ) | (242,024 | ) | 42,701 | |||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
74,740 | 87,239 | (11,622 | ) | 19,546 | (569,713 | ) | (119,068 | ) | (230,439 | ) | 77,949 | ||||||||||||||||||||
Contract owners equity beginning of period |
437,992 | 350,753 | 156,380 | 136,834 | 887,192 | 1,006,260 | 501,582 | 423,633 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 512,732 | 437,992 | 144,758 | 156,380 | 317,479 | 887,192 | 271,143 | 501,582 | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
29,630 | 27,287 | 14,052 | 14,547 | 47,861 | 56,561 | 27,472 | 25,113 | ||||||||||||||||||||||||
Units purchased |
3,084 | 5,802 | - | 142 | 2,579 | 3,526 | 67 | 8,915 | ||||||||||||||||||||||||
Units redeemed |
(794 | ) | (3,459 | ) | (637 | ) | (637 | ) | (29,378 | ) | (12,226 | ) | (12,982 | ) | (6,556 | ) | ||||||||||||||||
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|||||||||||||||||
Ending units |
31,920 | 29,630 | 13,415 | 14,052 | 21,062 | 47,861 | 14,557 | 27,472 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
FEIP | FHIP | FAMP | FCP | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 1,009 | 608 | 3,381 | 3,355 | 61,014 | 61,744 | 1,245 | 1,326 | |||||||||||||||||||||||
Realized gain (loss) on investments |
(151 | ) | (287 | ) | (72 | ) | (91 | ) | (97,811 | ) | (55,317 | ) | 255 | (1,489 | ) | |||||||||||||||||
Change in unrealized gain (loss) on investments |
(533 | ) | 5,237 | (1,524 | ) | 2,548 | (59,387 | ) | 530,828 | (5,907 | ) | 21,891 | ||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | 17,065 | 21,811 | - | 61 | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
325 | 5,558 | 1,785 | 5,812 | (79,119 | ) | 559,066 | (4,407 | ) | 21,789 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
3,007 | 6,916 | 4,516 | 9,217 | (969,141 | ) | 202,406 | 15,594 | 18,442 | |||||||||||||||||||||||
Surrenders (note 6) |
- | - | - | - | (1 | ) | - | - | - | |||||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(1,846 | ) | (1,584 | ) | (2,157 | ) | (1,904 | ) | (52,511 | ) | (151,387 | ) | (6,609 | ) | (5,718 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(10 | ) | 8 | (4 | ) | - | - | 258 | (34 | ) | 19 | |||||||||||||||||||||
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Net equity transactions |
1,151 | 5,340 | 2,355 | 7,313 | (1,021,653 | ) | 51,277 | 8,951 | 12,743 | |||||||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
1,476 | 10,898 | 4,140 | 13,125 | (1,100,772 | ) | 610,343 | 4,544 | 34,532 | |||||||||||||||||||||||
Contract owners equity beginning of period |
41,397 | 30,499 | 46,561 | 33,436 | 4,495,776 | 3,885,433 | 146,192 | 111,660 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 42,873 | 41,397 | 50,701 | 46,561 | 3,395,004 | 4,495,776 | 150,736 | 146,192 | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
3,291 | 2,785 | 2,594 | 2,115 | 306,766 | 302,181 | 8,752 | 7,816 | ||||||||||||||||||||||||
Units purchased |
238 | 648 | 245 | 593 | - | 16,102 | 922 | 1,327 | ||||||||||||||||||||||||
Units redeemed |
(145 | ) | (142 | ) | (117 | ) | (114 | ) | (68,429 | ) | (11,517 | ) | (393 | ) | (391 | ) | ||||||||||||||||
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|
|||||||||||||||||
Ending units |
3,384 | 3,291 | 2,722 | 2,594 | 238,337 | 306,766 | 9,281 | 8,752 | ||||||||||||||||||||||||
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|
|
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
FCS | FEIS | FGOP | FGOS | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 11,894 | 19,617 | 7,756 | 7,731 | (12 | ) | (1 | ) | (2,287 | ) | (1,310 | ) | |||||||||||||||||||
Realized gain (loss) on investments |
563,162 | 162,527 | 51,992 | 81,693 | 4 | (122 | ) | 23,333 | 6,790 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(914,826 | ) | 187,908 | (52,558 | ) | (17,525 | ) | 293 | 3,066 | (13,909 | ) | 182,531 | ||||||||||||||||||||
Reinvested capital gains |
- | 1,061 | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
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|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(339,770 | ) | 371,113 | 7,190 | 71,899 | 285 | 2,943 | 7,137 | 188,011 | |||||||||||||||||||||||
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|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
213,972 | 104,109 | 22,191 | 1,045 | - | - | 4,397 | 6,849 | ||||||||||||||||||||||||
Transfers between funds |
(447,568 | ) | (147,043 | ) | (91,034 | ) | 30,015 | 1,175 | 4,119 | 250,963 | 24,389 | |||||||||||||||||||||
Surrenders (note 6) |
(17 | ) | (4,541 | ) | - | (134,581 | ) | - | - | - | (45,590 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | (24,831 | ) | - | (2,241 | ) | - | - | - | (9,155 | ) | |||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(51,958 | ) | (63,563 | ) | (7,468 | ) | (10,019 | ) | (686 | ) | (504 | ) | (37,044 | ) | (49,558 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(36 | ) | (207 | ) | 3 | (141 | ) | (5 | ) | 9 | (8 | ) | 64 | |||||||||||||||||||
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Net equity transactions |
(285,607 | ) | (136,076 | ) | (76,308 | ) | (115,922 | ) | 484 | 3,624 | 218,308 | (73,001 | ) | |||||||||||||||||||
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Net change in contract owners equity |
(625,377 | ) | 235,037 | (69,118 | ) | (44,023 | ) | 769 | 6,567 | 225,445 | 115,010 | |||||||||||||||||||||
Contract owners equity beginning of period |
2,547,376 | 2,312,339 | 416,164 | 460,187 | 14,973 | 8,406 | 961,356 | 846,346 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 1,921,999 | 2,547,376 | 347,046 | 416,164 | 15,742 | 14,973 | 1,186,801 | 961,356 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
121,657 | 128,999 | 29,780 | 37,804 | 1,384 | 959 | 96,266 | 104,534 | ||||||||||||||||||||||||
Units purchased |
9,785 | 9,579 | 1,681 | 2,739 | 103 | 479 | 23,883 | 3,541 | ||||||||||||||||||||||||
Units redeemed |
(29,347 | ) | (16,921 | ) | (6,777 | ) | (10,763 | ) | (61 | ) | (54 | ) | (3,553 | ) | (11,809 | ) | ||||||||||||||||
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Ending units |
102,095 | 121,657 | 24,684 | 29,780 | 1,426 | 1,384 | 116,596 | 96,266 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
FGP | FGS | FHIS | FIGBS | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 70 | 10 | (39 | ) | (669 | ) | 5,306 | 121,643 | 1,262 | 2,447 | |||||||||||||||||||||
Realized gain (loss) on investments |
(145 | ) | (10,833 | ) | (9,924 | ) | (60,624 | ) | (47,578 | ) | 18,601 | 148 | 3,804 | |||||||||||||||||||
Change in unrealized gain (loss) on investments |
(140 | ) | 19,067 | 6,369 | 220,986 | 73,244 | (85,915 | ) | 111 | (3,746 | ) | |||||||||||||||||||||
Reinvested capital gains |
176 | 144 | 2,461 | 2,438 | - | - | 1,025 | 811 | ||||||||||||||||||||||||
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Net increase (decrease) in contract owners equity resulting from operations |
(39 | ) | 8,388 | (1,133 | ) | 162,131 | 30,972 | 54,329 | 2,546 | 3,316 | ||||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | 6,931 | 210 | - | (1,856 | ) | - | - | |||||||||||||||||||||||
Transfers between funds |
3,646 | 9,328 | (75,021 | ) | (95,623 | ) | (1,562,082 | ) | 1,386,634 | 2,806 | 22,521 | |||||||||||||||||||||
Surrenders (note 6) |
- | (572 | ) | (28,322 | ) | (55,391 | ) | - | (47,015 | ) | - | (35,461 | ) | |||||||||||||||||||
Death Benefits (note 4) |
- | - | - | (3,431 | ) | - | (14,889 | ) | - | - | ||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
150 | (40,528 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(3,918 | ) | (3,203 | ) | (22,185 | ) | (26,735 | ) | (10,110 | ) | (18,819 | ) | (1,188 | ) | (1,519 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(8 | ) | 5 | 4 | 39 | 111 | 2,252 | (3 | ) | 2 | ||||||||||||||||||||||
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Net equity transactions |
(130 | ) | (34,970 | ) | (118,593 | ) | (180,931 | ) | (1,572,081 | ) | 1,306,307 | 1,615 | (14,457 | ) | ||||||||||||||||||
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Net change in contract owners equity |
(169 | ) | (26,582 | ) | (119,726 | ) | (18,800 | ) | (1,541,109 | ) | 1,360,636 | 4,161 | (11,141 | ) | ||||||||||||||||||
Contract owners equity beginning of period |
50,045 | 76,627 | 752,024 | 770,824 | 1,621,563 | 260,927 | 38,973 | 50,114 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 49,876 | 50,045 | 632,298 | 752,024 | 80,454 | 1,621,563 | 43,134 | 38,973 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
5,152 | 9,771 | 55,697 | 70,622 | 121,792 | 22,244 | 2,978 | 4,113 | ||||||||||||||||||||||||
Units purchased |
564 | 1,195 | 647 | 4 | 1 | 105,811 | 192 | 1,704 | ||||||||||||||||||||||||
Units redeemed |
(579 | ) | (5,814 | ) | (9,408 | ) | (14,929 | ) | (115,964 | ) | (6,263 | ) | (88 | ) | (2,839 | ) | ||||||||||||||||
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Ending units |
5,137 | 5,152 | 46,936 | 55,697 | 5,829 | 121,792 | 3,082 | 2,978 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
FMCS | FOP | FOS | FVSS | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (653 | ) | 550 | 335 | 322 | 1,627 | 3,196 | 138 | 41 | ||||||||||||||||||||||
Realized gain (loss) on investments |
30,282 | 1,149 | (515 | ) | (1,245 | ) | 14,889 | 77,521 | 655 | 1,569 | ||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(185,841 | ) | 243,150 | (4,631 | ) | 4,885 | (46,204 | ) | (39,777 | ) | (2,535 | ) | 2,385 | |||||||||||||||||||
Reinvested capital gains |
2,535 | 3,223 | 54 | 53 | 449 | 599 | - | - | ||||||||||||||||||||||||
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Net increase (decrease) in contract owners equity resulting from operations |
(153,677 | ) | 248,072 | (4,757 | ) | 4,015 | (29,239 | ) | 41,539 | (1,742 | ) | 3,995 | ||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
110,982 | 54,627 | - | - | 22,481 | 822 | - | - | ||||||||||||||||||||||||
Transfers between funds |
202,722 | 146,194 | (20 | ) | 4,823 | (101,840 | ) | (78,915 | ) | 2,012 | 3,664 | |||||||||||||||||||||
Surrenders (note 6) |
- | (57,359 | ) | - | - | (26 | ) | (81,294 | ) | - | (1,616 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | (92 | ) | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(27,988 | ) | (23,927 | ) | (1,249 | ) | (1,219 | ) | (7,283 | ) | (12,288 | ) | (809 | ) | (658 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(13 | ) | 11 | 7 | 7 | 1 | 51 | (10 | ) | 1 | ||||||||||||||||||||||
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Net equity transactions |
285,703 | 119,546 | (1,262 | ) | 3,611 | (86,667 | ) | (171,716 | ) | 1,193 | 1,391 | |||||||||||||||||||||
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Net change in contract owners equity |
132,026 | 367,618 | (6,019 | ) | 7,626 | (115,906 | ) | (130,177 | ) | (549 | ) | 5,386 | ||||||||||||||||||||
Contract owners equity beginning of period |
1,205,234 | 837,616 | 30,348 | 22,722 | 255,544 | 385,721 | 19,007 | 13,621 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 1,337,260 | 1,205,234 | 24,329 | 30,348 | 139,638 | 255,544 | 18,458 | 19,007 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
71,093 | 63,431 | 2,281 | 1,927 | 17,869 | 30,399 | 1,176 | 1,063 | ||||||||||||||||||||||||
Units purchased |
26,739 | 12,963 | - | 459 | 1,989 | 69 | 131 | 453 | ||||||||||||||||||||||||
Units redeemed |
(9,368 | ) | (5,301 | ) | (68 | ) | (105 | ) | (8,031 | ) | (12,599 | ) | (51 | ) | (340 | ) | ||||||||||||||||
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Ending units |
88,464 | 71,093 | 2,213 | 2,281 | 11,827 | 17,869 | 1,256 | 1,176 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
FTVSV2 | TIF2 | FTVGI2 | GVMCE | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 19,416 | 1,568 | 2,196 | 2,530 | (243 | ) | - | 6,528 | 8,632 | ||||||||||||||||||||||
Realized gain (loss) on investments |
46,401 | 47,534 | 920 | 13,912 | (128 | ) | - | 215,991 | (92,328 | ) | ||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(327,776 | ) | 53,131 | (22,361 | ) | 970 | (21,533 | ) | - | (336,789 | ) | 576,724 | ||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(261,959 | ) | 102,233 | (19,245 | ) | 17,412 | (21,904 | ) | - | (114,270 | ) | 493,028 | ||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
55,898 | 25,052 | 377 | 22 | - | - | - | 8 | ||||||||||||||||||||||||
Transfers between funds |
3,150,403 | 124,925 | 30,874 | 121,077 | 636,108 | - | (533,657 | ) | (10,322 | ) | ||||||||||||||||||||||
Surrenders (note 6) |
- | (6,386 | ) | (27 | ) | (90,657 | ) | - | - | (188,209 | ) | (410,008 | ) | |||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(39,653 | ) | (7,490 | ) | (6,639 | ) | (7,638 | ) | (3,615 | ) | - | (30,739 | ) | (40,846 | ) | |||||||||||||||||
Adjustments to maintain reserves |
(18 | ) | 12 | - | 10 | (6 | ) | - | 2 | (2,243 | ) | |||||||||||||||||||||
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Net equity transactions |
3,166,630 | 136,113 | 24,585 | 22,814 | 632,487 | - | (752,603 | ) | (463,411 | ) | ||||||||||||||||||||||
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Net change in contract owners equity |
2,904,671 | 238,346 | 5,340 | 40,226 | 610,583 | - | (866,873 | ) | 29,617 | |||||||||||||||||||||||
Contract owners equity beginning of period |
604,409 | 366,063 | 153,859 | 113,633 | - | - | 2,261,948 | 2,232,331 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 3,509,080 | 604,409 | 159,199 | 153,859 | 610,583 | - | 1,395,075 | 2,261,948 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
42,559 | 32,968 | 7,723 | 6,168 | - | - | 101,953 | 125,459 | ||||||||||||||||||||||||
Units purchased |
234,502 | 10,665 | 1,574 | 6,621 | 42,600 | - | - | 4,532 | ||||||||||||||||||||||||
Units redeemed |
(19,730 | ) | (1,074 | ) | (333 | ) | (5,066 | ) | (246 | ) | - | (34,623 | ) | (28,038 | ) | |||||||||||||||||
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Ending units |
257,331 | 42,559 | 8,964 | 7,723 | 42,354 | - | 67,330 | 101,953 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
BNCAI | AMTB | AMTG | AMGP | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (593 | ) | (874 | ) | 3,497 | 4,756 | (529 | ) | (457 | ) | 200 | 65 | |||||||||||||||||||
Realized gain (loss) on investments |
63,927 | 69,867 | (1,050 | ) | (514 | ) | 1,926 | (1,206 | ) | 4,768 | 18,679 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(54,539 | ) | 10,727 | (2,410 | ) | 454 | (2,453 | ) | 52,820 | (7,863 | ) | (2,632 | ) | |||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
8,795 | 79,720 | 37 | 4,696 | (1,056 | ) | 51,157 | (2,895 | ) | 16,112 | ||||||||||||||||||||||
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Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
34,367 | 35 | - | - | - | - | 74 | 375 | ||||||||||||||||||||||||
Transfers between funds |
(105,314 | ) | (185,131 | ) | 769 | (976 | ) | (2,435 | ) | 884 | 10,790 | (47,354 | ) | |||||||||||||||||||
Surrenders (note 6) |
(23 | ) | (12,803 | ) | - | - | - | - | (1 | ) | (805 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(5,218 | ) | (8,461 | ) | (4,207 | ) | (4,261 | ) | (9,509 | ) | (8,019 | ) | (2,133 | ) | (1,869 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(9 | ) | 24 | (5 | ) | 1 | 10 | 13 | 12 | 1 | ||||||||||||||||||||||
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Net equity transactions |
(76,197 | ) | (206,336 | ) | (3,443 | ) | (5,236 | ) | (11,934 | ) | (7,122 | ) | 8,742 | (49,652 | ) | |||||||||||||||||
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Net change in contract owners equity |
(67,402 | ) | (126,616 | ) | (3,406 | ) | (540 | ) | (12,990 | ) | 44,035 | 5,847 | (33,540 | ) | ||||||||||||||||||
Contract owners equity beginning of period |
278,067 | 404,683 | 94,128 | 94,668 | 214,375 | 170,340 | 73,786 | 107,326 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 210,665 | 278,067 | 90,722 | 94,128 | 201,385 | 214,375 | 79,633 | 73,786 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
13,627 | 25,002 | 7,165 | 7,568 | 17,823 | 18,553 | 4,952 | 8,551 | ||||||||||||||||||||||||
Units purchased |
1,568 | 108 | 57 | - | 1 | 77 | 710 | 302 | ||||||||||||||||||||||||
Units redeemed |
(5,246 | ) | (11,483 | ) | (319 | ) | (403 | ) | (1,003 | ) | (807 | ) | (142 | ) | (3,901 | ) | ||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
Ending units |
9,949 | 13,627 | 6,903 | 7,165 | 16,821 | 17,823 | 5,520 | 4,952 | ||||||||||||||||||||||||
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|
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
AMCG | AMTP | AMFAS | OVMS | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (184 | ) | (2,772 | ) | (877 | ) | 1,356 | (14 | ) | (16 | ) | 6,459 | 3,446 | ||||||||||||||||||
Realized gain (loss) on investments |
26,547 | (218,795 | ) | 20,685 | 63,074 | 2,219 | 118 | (7,634 | ) | (11,486 | ) | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(17,612 | ) | (30,840 | ) | (57,272 | ) | 4,823 | (1,789 | ) | 1,220 | 2,982 | 44,729 | ||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|
|
|
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|
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|
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
8,751 | (252,407 | ) | (37,464 | ) | 69,253 | 416 | 1,322 | 1,807 | 36,689 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | 395 | - | 158 | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
(139,248 | ) | 209,328 | (44,746 | ) | (146,501 | ) | (3,928 | ) | 1,986 | 1,488 | (707 | ) | |||||||||||||||||||
Surrenders (note 6) |
- | (18,166 | ) | - | (23,165 | ) | - | - | - | - | ||||||||||||||||||||||
Death Benefits (note 4) |
- | (7,948 | ) | - | (3,533 | ) | - | - | - | - | ||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(3,202 | ) | (20,342 | ) | (7,458 | ) | (12,587 | ) | (337 | ) | (403 | ) | (14,476 | ) | (13,513 | ) | ||||||||||||||||
Adjustments to maintain reserves |
3 | 109 | (3 | ) | 37 | (10 | ) | 12 | (6 | ) | 23 | |||||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
(142,447 | ) | 163,376 | (52,207 | ) | (185,591 | ) | (4,275 | ) | 1,595 | (12,994 | ) | (14,197 | ) | ||||||||||||||||||
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|
|
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|
|||||||||||||||||
Net change in contract owners equity |
(133,696 | ) | (89,031 | ) | (89,671 | ) | (116,338 | ) | (3,859 | ) | 2,917 | (11,187 | ) | 22,492 | ||||||||||||||||||
Contract owners equity beginning of period |
168,351 | 257,382 | 400,426 | 516,764 | 7,997 | 5,080 | 322,424 | 299,932 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 34,655 | 168,351 | 310,755 | 400,426 | 4,138 | 7,997 | 311,237 | 322,424 | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
8,832 | 17,388 | 27,682 | 41,218 | 599 | 454 | 27,934 | 29,268 | ||||||||||||||||||||||||
Units purchased |
42 | - | 187 | 721 | 24 | 180 | 137 | - | ||||||||||||||||||||||||
Units redeemed |
(7,060 | ) | (8,556 | ) | (3,573 | ) | (14,257 | ) | (309 | ) | (35 | ) | (1,232 | ) | (1,334 | ) | ||||||||||||||||
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|||||||||||||||||
Ending units |
1,814 | 8,832 | 24,296 | 27,682 | 314 | 599 | 26,839 | 27,934 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
OVGR | OVB | OVGS | OVGI | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 4,089 | (872 | ) | 15,787 | 4,345 | 17,754 | 27,352 | 711 | 961 | ||||||||||||||||||||||
Realized gain (loss) on investments |
202,412 | (90,085 | ) | (11,868 | ) | (8,903 | ) | 1,618 | (258,812 | ) | (677 | ) | (3,850 | ) | ||||||||||||||||||
Change in unrealized gain (loss) on investments |
(139,611 | ) | 265,218 | 18,222 | 33,849 | (157,449 | ) | 482,267 | (331 | ) | 20,213 | |||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
66,890 | 174,261 | 22,141 | 29,291 | (138,077 | ) | 250,807 | (297 | ) | 17,324 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
118 | 891 | - | - | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
(1,352,106 | ) | (427,779 | ) | 2,689 | (1,941 | ) | (175,204 | ) | (379,141 | ) | (148 | ) | 8,521 | ||||||||||||||||||
Surrenders (note 6) |
(35,359 | ) | (183,820 | ) | - | - | (5,098 | ) | (295,342 | ) | - | (10,332 | ) | |||||||||||||||||||
Death Benefits (note 4) |
- | (2,707 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(38,328 | ) | (46,248 | ) | (13,027 | ) | (12,387 | ) | (21,146 | ) | (21,179 | ) | (2,740 | ) | (2,566 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(16 | ) | 4,610 | 6 | - | (5 | ) | (4,274 | ) | - | - | |||||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
(1,425,691 | ) | (655,053 | ) | (10,332 | ) | (14,328 | ) | (201,453 | ) | (699,936 | ) | (2,888 | ) | (4,377 | ) | ||||||||||||||||
|
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|
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|
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|
|
|||||||||||||||||
Net change in contract owners equity |
(1,358,801 | ) | (480,792 | ) | 11,809 | 14,963 | (339,530 | ) | (449,129 | ) | (3,185 | ) | 12,947 | |||||||||||||||||||
Contract owners equity beginning of period |
2,018,495 | 2,499,287 | 280,270 | 265,307 | 1,744,181 | 2,193,310 | 123,006 | 110,059 | ||||||||||||||||||||||||
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|
|||||||||||||||||
Contract owners equity end of period |
$ | 659,694 | 2,018,495 | 292,079 | 280,270 | 1,404,651 | 1,744,181 | 119,821 | 123,006 | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
138,075 | 186,596 | 26,061 | 27,417 | 115,302 | 167,720 | 10,808 | 11,200 | ||||||||||||||||||||||||
Units purchased |
289 | 929 | 248 | - | 2,897 | 1,138 | 98 | 777 | ||||||||||||||||||||||||
Units redeemed |
(92,599 | ) | (49,450 | ) | (1,161 | ) | (1,356 | ) | (16,696 | ) | (53,556 | ) | (350 | ) | (1,169 | ) | ||||||||||||||||
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|||||||||||||||||
Ending units |
45,765 | 138,075 | 25,148 | 26,061 | 101,503 | 115,302 | 10,556 | 10,808 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
OVAG | PMVAAA | PMVFBA | PMVLDA | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (571 | ) | (702 | ) | 92,614 | 39,131 | 1,830 | 1,360 | 19,579 | 14,384 | |||||||||||||||||||||
Realized gain (loss) on investments |
72,734 | (11,165 | ) | 171 | 165,770 | (17,748 | ) | (19 | ) | 8,294 | 31,566 | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(49,655 | ) | 83,998 | (27,362 | ) | (4,037 | ) | 21,164 | (21,164 | ) | (16,786 | ) | 8,383 | |||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | 3,449 | - | 2,989 | ||||||||||||||||||||||||
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|
|
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|
|
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|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
22,508 | 72,131 | 65,423 | 200,864 | 5,246 | (16,374 | ) | 11,087 | 57,322 | |||||||||||||||||||||||
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|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
146 | 1,001 | - | 12,343 | - | - | 52,510 | 384 | ||||||||||||||||||||||||
Transfers between funds |
(213,893 | ) | 19,071 | 3,100,063 | (162,255 | ) | (437,456 | ) | 450,000 | (51,006 | ) | 103,629 | ||||||||||||||||||||
Surrenders (note 6) |
- | (15,978 | ) | - | (36,021 | ) | - | - | (33 | ) | (83,752 | ) | ||||||||||||||||||||
Death Benefits (note 4) |
- | (7,699 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(7,351 | ) | (12,213 | ) | (7,144 | ) | (8,446 | ) | (1,015 | ) | (402 | ) | (38,240 | ) | (35,068 | ) | ||||||||||||||||
Adjustments to maintain reserves |
2 | 68 | (583 | ) | (12,224 | ) | 26 | (25 | ) | (3 | ) | 20 | ||||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
(221,096 | ) | (15,750 | ) | 3,092,336 | (206,603 | ) | (438,445 | ) | 449,573 | (36,772 | ) | (14,787 | ) | ||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
(198,588 | ) | 56,381 | 3,157,759 | (5,739 | ) | (433,199 | ) | 433,199 | (25,685 | ) | 42,535 | ||||||||||||||||||||
Contract owners equity beginning of period |
327,338 | 270,957 | 33,067 | 38,806 | 433,199 | - | 1,362,911 | 1,320,376 | ||||||||||||||||||||||||
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|
|||||||||||||||||
Contract owners equity end of period |
$ | 128,750 | 327,338 | 3,190,826 | 33,067 | - | 433,199 | 1,337,226 | 1,362,911 | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
27,008 | 28,425 | 2,149 | 2,845 | 36,057 | - | 97,785 | 99,496 | ||||||||||||||||||||||||
Units purchased |
156 | 1,847 | 202,211 | 39 | - | 36,090 | 3,803 | 6,930 | ||||||||||||||||||||||||
Units redeemed |
(16,630 | ) | (3,264 | ) | (457 | ) | (735 | ) | (36,057 | ) | (33 | ) | (6,461 | ) | (8,641 | ) | ||||||||||||||||
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|||||||||||||||||
Ending units |
10,534 | 27,008 | 203,903 | 2,149 | - | 36,057 | 95,127 | 97,785 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
PMVRRA | PMVTRA | PIHYB1 | ACGI | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 87,983 | 55,893 | 461,639 | 367,154 | 1,516 | 1,484 | (198 | ) | - | ||||||||||||||||||||||
Realized gain (loss) on investments |
117,579 | 72,361 | 182,859 | 691,519 | 667 | 3,290 | 167 | - | ||||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
156,485 | 183,426 | (445,902 | ) | (272,054 | ) | (2,505 | ) | 290 | 8,792 | - | |||||||||||||||||||||
Reinvested capital gains |
150,651 | 42,779 | 415,552 | 487,996 | - | - | - | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
512,698 | 354,459 | 614,148 | 1,274,615 | (322 | ) | 5,064 | 8,761 | - | |||||||||||||||||||||||
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|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
15,246 | 17,098 | 163,295 | 6,081 | - | - | - | - | ||||||||||||||||||||||||
Transfers between funds |
(54,245 | ) | (5,816 | ) | 13,182,818 | 1,561,199 | 3,747 | 18,112 | 489,489 | - | ||||||||||||||||||||||
Surrenders (note 6) |
- | (102,428 | ) | (79,187 | ) | (3,043,370 | ) | - | (13,365 | ) | - | - | ||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | (59,664 | ) | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(76,880 | ) | (72,210 | ) | (196,188 | ) | (166,159 | ) | (1,122 | ) | (1,013 | ) | (2,939 | ) | - | |||||||||||||||||
Adjustments to maintain reserves |
185 | 656 | (2,258 | ) | 15 | 8 | - | (4 | ) | - | ||||||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
(115,694 | ) | (162,700 | ) | 13,068,480 | (1,701,898 | ) | 2,633 | 3,734 | 486,546 | - | |||||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
397,004 | 191,759 | 13,682,628 | (427,283 | ) | 2,311 | 8,798 | 495,307 | - | |||||||||||||||||||||||
Contract owners equity beginning of period |
4,817,344 | 4,625,585 | 15,262,034 | 15,689,317 | 29,182 | 20,384 | - | - | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 5,214,348 | 4,817,344 | 28,944,662 | 15,262,034 | 31,493 | 29,182 | 495,307 | - | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
295,591 | 306,080 | 912,976 | 1,012,959 | 1,397 | 1,149 | - | - | ||||||||||||||||||||||||
Units purchased |
19,930 | 12,076 | 788,393 | 65,806 | 193 | 947 | 49,425 | - | ||||||||||||||||||||||||
Units redeemed |
(28,287 | ) | (22,565 | ) | (26,076 | ) | (165,789 | ) | (53 | ) | (699 | ) | (296 | ) | - | |||||||||||||||||
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|
|
|||||||||||||||||
Ending units |
287,234 | 295,591 | 1,675,293 | 912,976 | 1,537 | 1,397 | 49,129 | - | ||||||||||||||||||||||||
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|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
AVBVI | AVCDI | AVIE | ROCMC | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 28 | (714 | ) | (9 | ) | (9 | ) | 842 | 700 | 42,294 | 41,940 | ||||||||||||||||||||
Realized gain (loss) on investments |
768 | 136,660 | 110 | (88 | ) | (1,022 | ) | 2,011 | 863,866 | (160,014 | ) | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(638 | ) | (31,810 | ) | (345 | ) | 759 | (5,668 | ) | 2,414 | (1,170,632 | ) | 765,800 | |||||||||||||||||||
Reinvested capital gains |
| | | | | | | | ||||||||||||||||||||||||
|
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|
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|
|
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|
|
|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
158 | 104,136 | (244 | ) | 662 | (5,848 | ) | 5,125 | (264,472 | ) | 647,726 | |||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
| | | | | (59 | ) | 282,733 | 27,079 | |||||||||||||||||||||||
Transfers between funds |
(4,141 | ) | (1,059,409 | ) | (64 | ) | 1,046 | 65,699 | 18,802 | (880,689 | ) | 479,489 | ||||||||||||||||||||
Surrenders (note 6) |
| (537 | ) | (1 | ) | | (12,600 | ) | (5,520 | ) | (163,371 | ) | (196,697 | ) | ||||||||||||||||||
Death Benefits (note 4) |
| | | | | | | | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
| | | | | | | | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(396 | ) | (3,784 | ) | (167 | ) | (147 | ) | (2,164 | ) | (1,682 | ) | (54,814 | ) | (63,331 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(10 | ) | 7 | 10 | (1 | ) | 1 | 6 | 2 | (354 | ) | |||||||||||||||||||||
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|
|
|||||||||||||||||
Net equity transactions |
(4,547 | ) | (1,063,723 | ) | (222 | ) | 898 | 50,936 | 11,547 | (816,139 | ) | 246,186 | ||||||||||||||||||||
|
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|
|
|
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|
|
|
|
|
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|
|
|
|||||||||||||||||
Net change in contract owners equity |
(4,389 | ) | (959,587 | ) | (466 | ) | 1,560 | 45,088 | 16,672 | (1,080,611 | ) | 893,912 | ||||||||||||||||||||
Contract owners equity beginning of period |
9,872 | 969,459 | 3,910 | 2,350 | 46,343 | 29,671 | 2,924,443 | 2,030,531 | ||||||||||||||||||||||||
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|
|||||||||||||||||
Contract owners equity end of period |
$ | 5,483 | 9,872 | 3,444 | 3,910 | 91,431 | 46,343 | 1,843,832 | 2,924,443 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
740 | 77,826 | 205 | 146 | 2,500 | 1,802 | 106,154 | 95,550 | ||||||||||||||||||||||||
Units purchased |
13 | 123 | | 68 | 4,250 | 1,123 | 11,148 | 19,607 | ||||||||||||||||||||||||
Units redeemed |
(328 | ) | (77,209 | ) | (10 | ) | (9 | ) | (1,448 | ) | (425 | ) | (41,015 | ) | (9,003 | ) | ||||||||||||||||
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|
|||||||||||||||||
Ending units |
425 | 740 | 195 | 205 | 5,302 | 2,500 | 76,287 | 106,154 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
TREI2 | TRMCG2 | TRNAG1 | VWBF | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 24,536 | 33,226 | (2,541 | ) | (3,160 | ) | (671 | ) | (434 | ) | 27,753 | 16,625 | |||||||||||||||||||
Realized gain (loss) on investments |
199,363 | (162,741 | ) | 313,431 | (29,074 | ) | 177,610 | 103,425 | 92 | (4,481 | ) | |||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(308,136 | ) | 441,641 | (344,041 | ) | 261,144 | (191,688 | ) | (4,332 | ) | (7,488 | ) | 8,058 | |||||||||||||||||||
Reinvested capital gains |
- | - | 24,614 | 62,365 | 18,481 | 12,352 | 7,313 | - | ||||||||||||||||||||||||
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|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(84,237 | ) | 312,126 | (8,537 | ) | 291,275 | 3,732 | 111,011 | 27,670 | 20,202 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
362 | 61 | 3,806 | 13 | - | 335 | - | - | ||||||||||||||||||||||||
Transfers between funds |
(940,845 | ) | 381,537 | (665,610 | ) | (65,510 | ) | (275,001 | ) | (113,902 | ) | 2,122 | (138,223 | ) | ||||||||||||||||||
Surrenders (note 6) |
(97,503 | ) | (308,529 | ) | (255,060 | ) | (302,063 | ) | (83,520 | ) | (68,656 | ) | - | - | ||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(33,106 | ) | (45,330 | ) | (33,588 | ) | (62,103 | ) | (11,175 | ) | (18,851 | ) | (16,763 | ) | (18,968 | ) | ||||||||||||||||
Adjustments to maintain reserves |
10 | (6,363 | ) | 14 | (937 | ) | (6 | ) | (247 | ) | 17 | 4 | ||||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
(1,071,082 | ) | 21,376 | (950,438 | ) | (430,600 | ) | (369,702 | ) | (201,321 | ) | (14,624 | ) | (157,187 | ) | |||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
(1,155,319 | ) | 333,502 | (958,975 | ) | (139,325 | ) | (365,970 | ) | (90,310 | ) | 13,046 | (136,985 | ) | ||||||||||||||||||
Contract owners equity beginning of period |
2,480,101 | 2,146,599 | 1,167,576 | 1,306,901 | 600,899 | 691,209 | 360,382 | 497,367 | ||||||||||||||||||||||||
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|||||||||||||||||
Contract owners equity end of period |
$ | 1,324,782 | 2,480,101 | 208,601 | 1,167,576 | 234,929 | 600,899 | 373,428 | 360,382 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
150,067 | 148,663 | 44,778 | 63,884 | 39,982 | 54,891 | 18,984 | 27,754 | ||||||||||||||||||||||||
Units purchased |
74 | 22,700 | 718 | - | - | - | 91 | - | ||||||||||||||||||||||||
Units redeemed |
(68,953 | ) | (21,296 | ) | (37,352 | ) | (19,106 | ) | (24,142 | ) | (14,909 | ) | (839 | ) | (8,770 | ) | ||||||||||||||||
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Ending units |
81,188 | 150,067 | 8,144 | 44,778 | 15,840 | 39,982 | 18,236 | 18,984 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
VWEM | VWHA | WRGP | WRRESP | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 9,760 | 12,435 | 18,120 | (585 | ) | 4 | 13 | 28 | 84 | ||||||||||||||||||||||
Realized gain (loss) on investments |
439,583 | 135,017 | 270,504 | 34,149 | 338 | 243 | 292 | 158 | ||||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(937,216 | ) | 364,718 | (341,490 | ) | 243,233 | (368 | ) | 258 | 636 | 1,203 | |||||||||||||||||||||
Reinvested capital gains |
- | - | 22,357 | - | 114 | - | - | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(487,873 | ) | 512,170 | (30,509 | ) | 276,797 | 88 | 514 | 956 | 1,445 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | (18,444 | ) | - | (27,960 | ) | - | - | - | - | ||||||||||||||||||||||
Transfers between funds |
(1,457,347 | ) | (251,388 | ) | (1,130,259 | ) | 1,421,161 | (622 | ) | 971 | 12,815 | 815 | ||||||||||||||||||||
Surrenders (note 6) |
- | (175,186 | ) | - | (60,290 | ) | - | (535 | ) | - | - | |||||||||||||||||||||
Death Benefits (note 4) |
- | (12,409 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(49,141 | ) | (55,120 | ) | (20,075 | ) | (9,254 | ) | (136 | ) | (140 | ) | (326 | ) | (241 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(67 | ) | 19,609 | 926 | 32,570 | (1 | ) | 7 | 2 | 4 | ||||||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
(1,506,555 | ) | (492,938 | ) | (1,149,408 | ) | 1,356,227 | (759 | ) | 303 | 12,491 | 578 | ||||||||||||||||||||
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|
|||||||||||||||||
Net change in contract owners equity |
(1,994,428 | ) | 19,232 | (1,179,917 | ) | 1,633,024 | (671 | ) | 817 | 13,447 | 2,023 | |||||||||||||||||||||
Contract owners equity beginning of period |
3,182,268 | 3,163,036 | 1,824,986 | 191,962 | 3,610 | 2,793 | 6,344 | 4,321 | ||||||||||||||||||||||||
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|
|||||||||||||||||
Contract owners equity end of period |
$ | 1,187,840 | 3,182,268 | 645,069 | 1,824,986 | 2,939 | 3,610 | 19,791 | 6,344 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
99,639 | 125,304 | 43,231 | 5,862 | 259 | 225 | 504 | 440 | ||||||||||||||||||||||||
Units purchased |
303 | 2,123 | 11,907 | 39,108 | 13 | 83 | 1,022 | 85 | ||||||||||||||||||||||||
Units redeemed |
(49,735 | ) | (27,788 | ) | (36,803 | ) | (1,739 | ) | (65 | ) | (49 | ) | (25 | ) | (21 | ) | ||||||||||||||||
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Ending units |
50,207 | 99,639 | 18,335 | 43,231 | 207 | 259 | 1,501 | 504 | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
SVDF | SVOF | CSIEF3 | GEF | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | (72 | ) | (57 | ) | (123 | ) | 1,921 | 9,100 | (523 | ) | 293 | 1,136 | |||||||||||||||||||
Realized gain (loss) on investments |
275 | 232 | 27,718 | (48,970 | ) | (14,605 | ) | (8,337 | ) | 35,094 | (15,458 | ) | ||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(342 | ) | 7,370 | (23,439 | ) | 115,205 | (43,725 | ) | 38,484 | (34,379 | ) | 32,333 | ||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(139 | ) | 7,545 | 4,156 | 68,156 | (49,230 | ) | 29,624 | 1,008 | 18,011 | ||||||||||||||||||||||
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|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | - | (3 | ) | 157 | - | 329 | |||||||||||||||||||||||
Transfers between funds |
2,260 | 6,067 | (100,510 | ) | (360,861 | ) | (305,513 | ) | (138,605 | ) | (158,622 | ) | (31,012 | ) | ||||||||||||||||||
Surrenders (note 6) |
- | - | - | (6,155 | ) | - | (1,070 | ) | - | (1,070 | ) | |||||||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | (6,066 | ) | - | (7,547 | ) | ||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(1,292 | ) | (978 | ) | (2,587 | ) | (4,478 | ) | (5,299 | ) | (10,876 | ) | (2,350 | ) | (8,079 | ) | ||||||||||||||||
Adjustments to maintain reserves |
(21 | ) | 11 | (4 | ) | 11 | 2 | 22 | 6 | (27 | ) | |||||||||||||||||||||
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|||||||||||||||||
Net equity transactions |
947 | 5,100 | (103,101 | ) | (371,483 | ) | (310,813 | ) | (156,438 | ) | (160,966 | ) | (47,406 | ) | ||||||||||||||||||
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|||||||||||||||||
Net change in contract owners equity |
808 | 12,645 | (98,945 | ) | (303,327 | ) | (360,043 | ) | (126,814 | ) | (159,958 | ) | (29,395 | ) | ||||||||||||||||||
Contract owners equity beginning of period |
28,652 | 16,007 | 151,880 | 455,207 | 360,043 | 486,857 | 159,958 | 189,353 | ||||||||||||||||||||||||
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Contract owners equity end of period |
$ | 29,460 | 28,652 | 52,935 | 151,880 | - | 360,043 | - | 159,958 | |||||||||||||||||||||||
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|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
1,173 | 886 | 9,786 | 36,207 | 31,819 | 48,168 | 11,059 | 14,555 | ||||||||||||||||||||||||
Units purchased |
83 | 336 | 234 | 1,090 | - | 2,395 | 3 | 152 | ||||||||||||||||||||||||
Units redeemed |
(52 | ) | (49 | ) | (6,401 | ) | (27,511 | ) | (31,819 | ) | (18,744 | ) | (11,062 | ) | (3,648 | ) | ||||||||||||||||
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Ending units |
1,204 | 1,173 | 3,619 | 9,786 | - | 31,819 | - | 11,059 | ||||||||||||||||||||||||
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|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
WSCP | GVGU1 | GVGF1 | GVGH1 | |||||||||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||||||||||
Net investment income (loss) |
$ | 905 | (366 | ) | - | 138 | - | 107 | - | 149 | ||||||||||||||||||||||
Realized gain (loss) on investments |
78,289 | (66,051 | ) | - | 2,337 | - | 5,893 | - | 9,757 | |||||||||||||||||||||||
Change in unrealized gain (loss) on investments |
(93,843 | ) | 97,370 | - | (2,967 | ) | - | (4,912 | ) | - | (8,957 | ) | ||||||||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
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|
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|
|||||||||||||||||
Net increase (decrease) in contract owners equity resulting from operations |
(14,649 | ) | 30,953 | - | (492 | ) | - | 1,088 | - | 949 | ||||||||||||||||||||||
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|
|||||||||||||||||
Equity transactions: |
||||||||||||||||||||||||||||||||
Purchase payments received from contract owners (notes 2a and 6) |
(647 | ) | 39 | - | - | - | - | - | - | |||||||||||||||||||||||
Transfers between funds |
(277,892 | ) | (308,554 | ) | - | (15,661 | ) | - | (33,796 | ) | - | (92,515 | ) | |||||||||||||||||||
Surrenders (note 6) |
- | (5,872 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Death Benefits (note 4) |
- | (140 | ) | - | - | - | - | - | - | |||||||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
(10,650 | ) | (14,412 | ) | - | (202 | ) | - | (440 | ) | - | (750 | ) | |||||||||||||||||||
Adjustments to maintain reserves |
45 | (6 | ) | - | (4 | ) | - | (3 | ) | - | (4 | ) | ||||||||||||||||||||
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|
|||||||||||||||||
Net equity transactions |
(289,144 | ) | (328,945 | ) | - | (15,867 | ) | - | (34,239 | ) | - | (93,269 | ) | |||||||||||||||||||
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|
|
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|
|
|||||||||||||||||
Net change in contract owners equity |
(303,793 | ) | (297,992 | ) | - | (16,359 | ) | - | (33,151 | ) | - | (92,320 | ) | |||||||||||||||||||
Contract owners equity beginning of period |
303,793 | 601,785 | - | 16,359 | - | 33,151 | - | 92,320 | ||||||||||||||||||||||||
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|
|||||||||||||||||
Contract owners equity end of period |
$ | - | 303,793 | - | - | - | - | - | - | |||||||||||||||||||||||
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|
|||||||||||||||||
CHANGES IN UNITS: |
||||||||||||||||||||||||||||||||
Beginning units |
33,463 | 75,682 | - | 933 | - | 2,433 | - | 6,814 | ||||||||||||||||||||||||
Units purchased |
- | - | - | 189 | - | 378 | - | - | ||||||||||||||||||||||||
Units redeemed |
(33,463 | ) | (42,219 | ) | - | (1,122 | ) | - | (2,811 | ) | - | (6,814 | ) | |||||||||||||||||||
|
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|
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Ending units |
- | 33,463 | - | - | - | - | - | - | ||||||||||||||||||||||||
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(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
STATEMENTS OF CHANGES IN CONTRACT OWNERS EQUITY
Years Ended December 31, 2011 and 2010
GVUS1 | GGTC | GVUG1 | ||||||||||||||||||||||
2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |||||||||||||||||||
Investment activity: |
||||||||||||||||||||||||
Net investment income (loss) |
$ | - | 5 | - | (62 | ) | - | (11 | ) | |||||||||||||||
Realized gain (loss) on investments |
- | 2,683 | - | 29,313 | - | 3,706 | ||||||||||||||||||
Change in unrealized gain (loss) on investments |
- | (2,218 | ) | - | (26,478 | ) | - | (2,827 | ) | |||||||||||||||
Reinvested capital gains |
- | - | - | - | - | - | ||||||||||||||||||
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|
|
|
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Net increase (decrease) in contract owners equity resulting from operations |
- | 470 | - | 2,773 | - | 868 | ||||||||||||||||||
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|
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Equity transactions: |
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Purchase payments received from contract owners (notes 2a and 6) |
- | - | - | - | - | - | ||||||||||||||||||
Transfers between funds |
- | (7,786 | ) | - | (112,736 | ) | - | (12,591 | ) | |||||||||||||||
Surrenders (note 6) |
- | - | - | - | - | (1 | ) | |||||||||||||||||
Death Benefits (note 4) |
- | - | - | - | - | - | ||||||||||||||||||
Net policy repayments (loans) (note 5) |
- | - | - | - | - | - | ||||||||||||||||||
Redemptions to pay cost of insurance charges and administration charges (note 2b and 2c) |
- | (119 | ) | - | (418 | ) | - | (193 | ) | |||||||||||||||
Adjustments to maintain reserves |
- | - | - | - | - | (4 | ) | |||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|||||||||||||
Net equity transactions |
- | (7,905 | ) | - | (113,154 | ) | - | (12,789 | ) | |||||||||||||||
|
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|
|
|
|
|
|
|
|||||||||||||
Net change in contract owners equity |
- | (7,435 | ) | - | (110,381 | ) | - | (11,921 | ) | |||||||||||||||
Contract owners equity beginning of period |
- | 7,435 | - | 110,381 | - | 11,921 | ||||||||||||||||||
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Contract owners equity end of period |
$ | - | - | - | - | - | - | |||||||||||||||||
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CHANGES IN UNITS: |
||||||||||||||||||||||||
Beginning units |
- | 629 | - | 33,965 | - | 855 | ||||||||||||||||||
Units purchased |
- | 144 | - | 862 | - | 223 | ||||||||||||||||||
Units redeemed |
- | (773 | ) | - | (34,827 | ) | - | (1,078 | ) | |||||||||||||||
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Ending units |
- | - | - | - | - | - | ||||||||||||||||||
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See accompanying notes to financial statements.
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
(1) Background and Summary of Significant Accounting Policies
(a) Organization and Nature of Operations
The Nationwide VL Separate Account-C (the Account) was established pursuant to a resolution of the Board of Directors of Nationwide Life and Annuity Insurance Company (the Company) on December 3, 1997. The Account is registered as a unit investment trust under the Investment Company Act of 1940. The Company offers Corporate Flexible Premium Variable Life Insurance Policies through the Account. The primary distribution for the contracts is through wholesalers and brokers.
(b) The Contracts
Only contracts with a front-end sales charge and certain other fees are offered for purchase. See note 2 for a discussion of policy charges and note 3 for asset charges.
With certain exceptions, contract owners may invest in the following:
AMERICAN FUNDS GROUP (THE)
Asset Allocation Fund - Class 2 (AMVAA2)*
Bond Fund - Class 2 (AMVBD2)*
Global Small Capitalization Fund - Class 2 (AMVGS2)
Growth Fund - Class 2 (AMVGR2)
International Fund - Class 2 (AMVI2)
BLACKROCK FUNDS
Large Cap Core V.I. Fund - Class II (MLVLC2)
CALVERT FUNDS
Calvert VP SRI Equity Portfolio (CVSSE)
DAVIS FUNDS
Variable Account Fund, Inc. - Value Portfolio (DAVVL)*
DELAWARE GROUP FUNDS
Small Cap Value Series - Service Class (DWVSVS)*
DREYFUS CORPORATION FUNDS
Stock Index Fund, Inc. - Initial Shares (DSIF)
The Dreyfus Socially Responsible Growth Fund, Inc. - Initial Shares (DSRG)
EATON VANCE FUNDS
Floating-Rate Income Fund (ETVFR)*
J.P. MORGAN INVESTMENT MANAGEMENT INC.
Insurance Trust - Insurance Trust Diversified Mid Cap Growth Portfolio 1 (OGGO)
Insurance Trust - Insurance Trust Mid Cap Value Portfolio 1 (JPMMV1)*
JANUS FUNDS
Janus Aspen Series - Balanced Portfolio - Service Shares (JABS)
Janus Aspen Series - Forty Portfolio - Service Shares (JACAS)
Janus Aspen Series - Global Technology Portfolio - Service Shares (JAGTS)
Janus Aspen Series - Overseas Portfolio - Service Shares (JAIGS)
Janus Aspen Series - Perkins Mid Cap Value Portfolio - Service Shares (JAMVS)*
LAZARD FUNDS
Retirement Emerging Markets Equity Portfolio - Service Shares (LZREMS)
LORD ABBETT FUNDS
Series Fund - Mid Cap Value Portfolio - Class VC (LOVMCV)
MASSACHUSETTS FINANCIAL SERVICES CO.
Research International Series - Service Class (MVRISC)
Value Series - Service Class (MVFSC)
Variable Insurance Trust II - International Value Portfolio - Service Class (MVIVSC)
MORGAN STANLEY
Emerging Markets Debt Portfolio - Class I (MSEM)
Global Real Estate Portfolio - Class II (VKVGR2)*
Mid Cap Growth Portfolio - Class I (MSVMG)
The Universal Institutional Funds, Inc. - Capital Growth Portfolio - Class I (MSVEG)*
U.S. Real Estate Portfolio - Class I (MSVRE)
NATIONWIDE FUNDS GROUP
Federated NVIT High Income Bond Fund - Class I (HIBF)
NVIT Emerging Markets Fund - Class I (GEM)
NVIT International Equity Fund - Class I (GIG)
NVIT Cardinal Aggressive Fund - Class I (NVCRA1)*
NVIT Cardinal Balanced Fund - Class I (NVCRB1)*
NVIT Cardinal Capital Appreciation Fund - Class I (NVCCA1)*
NVIT Cardinal Conservative Fund - Class I (NVCCN1)*
NVIT Cardinal Moderate Fund - Class I (NVCMD1)*
NVIT Cardinal Moderately Aggressive Fund - Class I (NVCMA1)*
NVIT Cardinal Moderately Conservative Fund - Class I (NVCMC1)*
NVIT Fund - Class I (TRF)
NVIT Government Bond Fund - Class I (GBF)
American Century NVIT Growth Fund - Class I (CAF)
NVIT International Index Fund - Class II (GVIX2)
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)
NVIT Investor Destinations Conservative Fund - Class II (GVIDC)
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC)
NVIT Mid Cap Index Fund - Class I (MCIF)
NVIT Money Market Fund - Class I (SAM)
NVIT Money Market Fund - Class V (SAM5)
NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1)
NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1)
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)
NVIT Multi-Manager Mid Cap Value Fund - Class I (NVMMV1)*
NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF)
NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF)
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
NVIT Multi-Manager Small Company Fund - Class I (SCF)
NVIT Multi-Sector Bond Fund - Class I (MSBF)
NVIT Short Term Bond Fund - Class I (NVSTB1)*
Van Kampen NVIT Comstock Value Fund - Class I (EIF)
NVIT Real Estate Fund - Class I (NVRE1)*
PORTFOLIOS OF THE ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND, INC.
VPS Growth and Income Portfolio - Class A (ALVGIA)
VPS International Value Portfolio - Class A (ALVIVA)
VPS Small/Mid Cap Value Portfolio - Class A (ALVSVA)*
PORTFOLIOS OF THE AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
VP Balanced Fund - Class I (ACVB)
VP Capital Appreciation Fund - Class I (ACVCA)
VP Income & Growth Fund - Class I (ACVIG)
VP International Fund - Class I (ACVI)
VP Mid Cap Value Fund - Class I (ACVMV1)
VP Ultra(R) Fund - Class I (ACVU1)
VP Value Fund - Class I (ACVV)
VP Vista(SM) Fund - Class I (ACVVS1)
PORTFOLIOS OF THE DREYFUS INVESTMENT PORTFOLIOS
MidCap Stock Portfolio - Initial Shares (DVMCS)
Small Cap Stock Index Portfolio - Service Shares (DVSCS)
PORTFOLIOS OF THE DREYFUS VARIABLE INVESTMENT FUND
Appreciation Portfolio - Initial Shares (DCAP)
Growth and Income Portfolio - Initial Shares (DGI)
International Value Portfolio - Initial Shares (DVIV)
PORTFOLIOS OF THE DWS INVESTMENTS VARIABLE INSURANCE TRUST
Variable Series II - Dreman Small Mid Cap Value VIP - Class B (SVSSVB)*
Variable Series II - Large Cap Value VIP - Class B (SVSLVB)*
PORTFOLIOS OF THE FEDERATED INSURANCE SERIES
Quality Bond Fund II - Primary Shares (FQB)
PORTFOLIOS OF THE FIDELITY(R) VARIABLE INSURANCE PRODUCTS
Equity-Income Portfolio - Initial Class (FEIP)
High Income Portfolio - Initial Class (FHIP)
VIP Fund - Asset Manager Portfolio - Initial Class (FAMP)
VIP Fund - Contrafund Portfolio - Initial Class (FCP)
VIP Fund - Contrafund Portfolio - Service Class (FCS)
VIP Fund - Equity-Income Portfolio - Service Class (FEIS)
VIP Fund - Freedom Fund 2020 Portfolio - Service Class (FF20S)*
VIP Fund - Freedom Fund 2030 Portfolio - Service Class (FF30S)*
VIP Fund - Growth Opportunities Portfolio - Initial Class (FGOP)
VIP Fund - Growth Opportunities Portfolio - Service Class (FGOS)
VIP Fund - Growth Portfolio - Initial Class (FGP)
VIP Fund - Growth Portfolio - Service Class (FGS)
VIP Fund - High Income Portfolio - Service Class (FHIS)
VIP Fund - Investment Grade Bond Portfolio - Service Class (FIGBS)
VIP Fund - Mid Cap Portfolio - Service Class (FMCS)
VIP Fund - Overseas Portfolio - Initial Class (FOP)
VIP Fund - Overseas Portfolio - Service Class (FOS)
VIP Fund - Value Strategies Portfolio - Service Class (FVSS)
VIP Fund - VIP Freedom Fund 2015 Portfolio - Service Class (FF15S)*
VIP Fund - VIP Freedom Fund 2025 Portfolio - Service Class (FF25S)*
VIP Fund - VIP Freedom Fund 2040 Portfolio - Service Class (FF40S)*
PORTFOLIOS OF THE FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
Franklin Small Cap Value Securities Fund - Class 2 (FTVSV2)
Mutual Discovery Global Securities Fund - Class 2 (FTVMD2)*
Templeton Foreign Securities Fund - Class 2 (TIF2)
Templeton Global Bond Securities Fund - Class 2 (FTVGI2)
PORTFOLIOS OF THE GOLDMAN SACHS VARIABLE INSURANCE TRUST
Goldman Sachs VIT - Goldman Sachs Mid Cap Value Fund - Institutional Shares (GVMCE)
VIT - Goldman Sachs VIT Growth Opportunities Fund - Service Shares (GVGOPS)*
PORTFOLIOS OF THE LEGG MASON PARTNERS VARIABLE EQUITY TRUST
ClearBridge Variable Small Cap Growth Portfolio - Class I (SBVSG)*
PORTFOLIOS OF THE LINCOLN VARIABLE INSURANCE PRODUCTS TRUST
Lincoln VIP Trust - Baron Growth Opportunities Funds - Service Class (BNCAI)
PORTFOLIOS OF THE NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST
Advisers Management Trust - Short Duration Bond Portfolio - I Class Shares (AMTB)
Growth Portfolio - I Class Shares (AMTG)
Guardian Portfolio - I Class Shares (AMGP)
Mid-Cap Growth Portfolio - I Class Shares (AMCG)
Partners Portfolio - I Class Shares (AMTP)
Regency Portfolio - I Class Shares (AMRI)*
Small-Cap Growth Portfolio - S Class Shares (AMFAS)
PORTFOLIOS OF THE OPPENHEIMER VARIABLE ACCOUNT FUNDS
Balanced Fund/VA - Non-Service Shares (OVMS)
Capital Appreciation Fund/VA - Non-Service Shares (OVGR)
Core Bond Fund/VA - Non-Service Shares (OVB)
Global Securities Fund/VA - Non-Service Shares (OVGS)
Main Street Fund(R)/VA - Non-Service Shares (OVGI)
Mid-Cap Growth Fund/VA - Non-Service Shares (OVAG)
PORTFOLIOS OF THE PIMCO VARIABLE INSURANCE TRUST
All Asset Portfolio - Administrative Class (PMVAAA)
Foreign Bond Portfolio (Unhedged) - Administrative Class (PMVFBA)*
Long-Term U.S. Government Portfolio - Administrative Class (PMVLGA)*
Low Duration Portfolio - Administrative Class (PMVLDA)
Real Return Portfolio - Administrative Class (PMVRRA)
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Total Return Portfolio - Administrative Class (PMVTRA)
PORTFOLIOS OF THE PIONEER VARIABLE CONTRACTS TRUST
Variable Contracts Trust - Emerging Markets VCT Portfolio - Class I Shares (PIVEMI)*
Variable Contracts Trust - High Yield VCT Portfolio - Class I Shares (PIHYB1)
PORTFOLIOS OF THE PUTNAM VARIABLE TRUST
Putnam VT Small Cap Value Fund - IB Shares (PVTSCB)*
PORTFOLIOS OF THE VAN KAMPEN LIFE INVESTMENT TRUST
Growth and Income Portfolio - Class I (ACGI)
V.I. Basic Value Fund - Series I (AVBVI)
V.I. Capital Development Fund - Series I (AVCDI)
V.I. High Yield Fund - Series I (AVHY1)*
V.I. International Growth Fund - Series I (AVIE)
V.I. Mid Cap Core Equity Fund - Series I (AVMCCI)*
ROYCE CAPITAL FUNDS
Micro-Cap Portfolio - Investment Class (ROCMC)
T. ROWE PRICE
Equity Income Portfolio - II (TREI2)
Limited-Term Bond Portfolio (TRLT1)*
Mid-Cap Growth Portfolio - II (TRMCG2)
New America Growth Portfolio (TRNAG1)
Personal Strategy Balanced Portfolio (TRPSB1)*
VAN ECK ASSOCIATES CORPORATION
VIP Trust - Global Bond Fund: Initial Class (VWBF)
VIP Trust - Emerging Markets Fund: Initial Class (VWEM)
VIP Trust - Global Hard Assets Fund: Initial Class (VWHA)
WADDELL & REED, INC.
Ivy Fund Variable Insurance Portfolios, Inc. - Asset Strategy (WRASP)*
Ivy Fund Variable Insurance Portfolios, Inc. - Growth (WRGP)
Ivy Fund Variable Insurance Portfolios, Inc. - Real Estate Securities (WRRESP)
Ivy Fund Variable Insurance Portfolios, Inc. - Science and Technology (WRSTP)*
WELLS FARGO FUNDS
Advantage Funds Variable Trust - VT Discovery Fund (SVDF)
Advantage VT Opportunity Fund - Class 2 (SVOF)
Advantage VT Small Cap Growth Fund - Class 2 (WFVSCG)*
*At December 31, 2011, contract owners were not invested in this fund.
The contract owners equity is affected by the investment results of each fund, equity transactions by contract owners and certain policy and asset charges (see notes 2 and 3). The accompanying financial statements include only contract owners purchase payments pertaining to the variable portions of their contracts and exclude any purchase payments for fixed dollar benefits, the latter being included in the accounts of the Company.
A contract owner may choose from among a number of different underlying mutual fund options. The underlying mutual fund options are not available to the general public directly. The underlying mutual funds are available as investment options in variable life insurance policies or variable annuity contracts issued by life insurance companies or, in some cases, through participation in certain qualified pension or retirement plans.
Some of the underlying mutual funds have been established by investment advisers which manage publicly traded mutual funds having similar names and investment objectives. While some of the underlying mutual funds may be similar to, and may in fact be modeled after, publicly traded mutual funds, the underlying mutual funds are not otherwise directly related to any publicly traded mutual fund. Consequently, the investment performance of publicly traded mutual funds and any corresponding underlying mutual funds may differ substantially.
A purchase payment could be presented as a negative equity transaction in the Statements of Changes in Contract Owners Equity if a prior period purchase payment is refunded to a contract owner due to a contract cancellation during the free look period, and/or if a gain is realized by the contract owner during the free look period.
The Company allocates purchase payments to sub-accounts and/or the fixed account as instructed by the contract owner. Shares of the sub-accounts are purchased at Net Asset Value, then converted into accumulation units. Certain transactions may be subject to conditions imposed by the underlying mutual funds, as well as those set forth in the contract.
(c) Security Valuation, Transactions and Related Investment Income
Investments in underlying mutual funds are valued at the closing net asset value per share at December 31, 2011 of such funds. The cost of investments sold is determined on a first in - first out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed), and dividends and capital gain distributions are accrued as of the ex-dividend date and are reinvested in the underlying mutual funds.
(d) Federal Income Taxes
Operations of the Account form a part of, and are taxed with, operations of the Company, which is taxed as a life insurance company under the provisions of the Internal Revenue Code. The Company does not provide for income taxes within the Account. Taxes are generally the responsibility of the contract owner upon termination or withdrawal.
(e) Use of Estimates in the Preparation of Financial Statements
The preparation of financial statements in conformity with U.S. generally accepted accounting principles may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, if any, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
(f) Recently Issued Accounting Standards
FASB ASC 820 was effective for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years, with early adoption permitted. The Account adopted FASB ASC 820 effective January 1, 2008. The adoption of FASB ASC 820 did not have a material impact on the Accounts financial position or results of operations.
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
In September 2009 the FASB issued ASU 2009-12, which amends FASB ASC 820, Fair Value Measurements and Disclosures. This guidance applies to reporting entities that hold an investment that is required or permitted to be measured or disclosed at fair value on a recurring or nonrecurring basis if the investment does not have a readily determinable fair value and the investee has attributes of an investment company. For these investments, this update allows, as a practical expedient, the use of net asset value (NAV) as the basis to estimate fair value as long as it is not probable, as of the measurement date that the investment will be sold and NAV is not the value that will be used in the sale. The NAVs must be calculated consistent with the American Institute of Certified Public Accountants Audit and Accounting Guide, Investment Companies, which generally requires these investments to be measured at fair value. Additionally, the guidance provided updated disclosures for investments within its scope and noted that if the investor can redeem the investment with the investee on the measurement date at NAV, the classified as Level 2 in the fair value hierarchy. Investments that cannot be redeemed with the investee at NAV would generally be classified as Level 3 in the fair value hierarchy. If the investment is not redeemable with the investee on the measurement date, but will be at a future date, the length of time until the investment is redeemable should be considered in determining classification as Level 2 or 3. This guidance is effective for interim and annual periods ending after December 15, 2009 with early adoption permitted. The Account adopted this guidance effective the period ending December 31, 2009. The adoption of this guidance did not have a material impact on the financial statements of the Account.
In January 2010, the FASB issued ASU 2010-06, which amends FASB ASC 820, Fair Value Measurement and Disclosures. This guidance requires new disclosures and provides amendments to clarify existing disclosures. The new requirements include disclosing transfers in and out of Levels 1 and 2 fair value measurements, the reasons for the transfers, and further disaggregating activity in level 3 fair value measurements. The clarification of existing disclosure guidance includes further disaggregation of fair value measurement disclosures for each class of assets and liabilities and providing disclosures about the valuation techniques and inputs used to measure fair value for both recurring and nonrecurring fair value measurements. This guidance is effective for interim and annual reporting periods beginning after December 15, 2009, except for the new disclosures regarding the activity in Level 3 measurements, which shall be effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal years. The Account adopted this guidance effective January 1, 2010, except for the new activity in Level 3 measurements, which the Account adopted for the fiscal period beginning January 1, 2011.
In May 2011, the FASB issued ASU 2011-04, which amends existing guidance in Accounting Standards Codification (ASC) 820, Fair Value Measurements and Disclosures. The guidance in this ASU clarifies existing fair value measurement guidance and expands disclosures primarily related to Level 3 fair value measurements. The ASU will require reporting entities to disclose quantitative information about the unobservable inputs used in the fair value measurements categorized within Level 3 of the fair value hierarchy. In addition, ASU 2011-04 will require reporting entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. The Account will adopt this guidance prospectively for the annual period beginning January 1, 2012. The adoption of this guidance will result in increased disclosures and will have an immaterial impact on the Accounts financial statements.
(g) Subsequent Events
The Company evaluated subsequent events through the date the financial statements were issued with the SEC.
(2) Policy Charges
(a) Deductions from Premium
The Company deducts a charge to cover the payment of premium taxes and some sale expenses not to exceed the following percentages of each premium received:
| For policies with applications signed on or after January 3, 2006, 8.5% (reduced to 5.5% at the beginning of the eighth policy year, then 3.5% at the beginning of the eleventh policy year). |
| For policies issued on and after September 9, 2002 with applications signed before January 3, 2006, 9.0% (reduced to 5.5% at the beginning of the eighth policy year, then 3.5% at the beginning of the eleventh policy year). |
| For policies issued prior to September 9, 2002, 9.0% (reduced to 3.5% at the beginning of the eighth policy year). |
The Company may reduce this charge where the size or nature of the group results in savings in sales, underwriting, or administrative costs. Variations due to differences in costs are determined in a manner not unfairly discriminatory to policy owners. For the periods ended December 31, 2011and 2010, total front-end sales charge deductions were $80,476 and $45,560, respectively and were recognized as a reduction of purchase payments on the Statement of Changes in Contract Owners Equity.
(b) Cost of Insurance
A cost of insurance charge is assessed monthly against each contract by liquidating units. The amount of the charge varies widely and is based upon age, sex, rate class and net amount at risk (death benefit less total contract value).
(c) Administrative Charges
The Company deducts a monthly administrative expense charge to recover policy maintenance, accounting, record keeping and other administrative expenses. This expense is assessed against each contract by liquidating units. Currently, this charge is $5.00 per month in all policy years (not to exceed $10.00 per month).
(3) Asset Charges
The Company deducts a charge related to the assumption of mortality and expense risk.
For corporate flexible premium contracts, the Company deducts a charge guaranteed not to exceed an annualized rate of 0.75% of the policys cash value.
On a current basis, this charge varies based on when the policy was issued and reduces based on how long the policy has been in force for most issues:
| For policies with applications signed on or after January 3, 2006: |
Charge for policy years 1-4 |
Charge for policy years 5-15 |
Charge for policy years 16+ | ||
0.25% of daily net assets |
0.20% of daily net assets |
0.10% of daily net assets |
| For policies with applications signed before January 3, 2006: |
Charge for policy years 1-4 |
Charge for policy years 5-20 |
Charge for policy years 21+ | ||
0.40% of daily net assets |
0.25% of daily net assets |
0.10% of daily net assets |
A reduced fee tier rate for corporate flexible premium contracts may apply as either 0.10%, 0.20% or 0.25% for all policy years. These charges are assessed through a reduction in the unit value. The Company may reduce or eliminate certain charges, where the size or nature of the group results in savings in sales, underwriting, administrative or other costs, to the Company. These charges may be reduced in certain group, sponsored arrangements or special exchange programs made available by the Company.
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
(4) Death Benefits
Death benefit proceeds result in a redemption of the contract value from the Account and payment of those proceeds, less any outstanding policy loans (and policy charges), to the legal beneficiary. In the event that the guaranteed death benefit exceeds the contract value on the date of death, the excess is paid by the Companys general account.
(5) Policy Loans (Net of Repayments)
Contract provisions allow contract owners to borrow 90% of a policys non-loaned sub-account cash value. Interest is charged on the outstanding loan and is due and payable in advance on the policy anniversary, or when the loan is repaid or a new loan is effective. The interest rate is guaranteed not to exceed 3.75%. At the time the loan is granted, the amount of the loan is transferred from the Account to the Companys general account as collateral for the outstanding loan. Collateral amounts in the general account are credited with the stated rate of interest in effect at the time the loan is made. Interest credited is paid by the Companys general account to the Account. Loan repayments result in a transfer of collateral including interest credited back to the Account.
(6) Related Party Transactions
The Company performs various services on behalf of the mutual fund companies in which the Account invests and may receive fees for the services performed. These services include, among other things, shareholder communications, postage, fund transfer agency and various other record keeping and customer service functions. These fees are paid to an affiliate of the Company.
Contract owners may, with certain restrictions, transfer their assets between the Account and a fixed dollar contract (fixed account) maintained in the accounts of the Company. These transfers are the result of the contract owner executing fund exchanges. Fund exchanges from the Account to the fixed account are included in surrenders, and fund exchanges from the fixed account to the Account are included in purchase payments received from contract owners, as applicable, on the accompanying Statements of Change in Contract Owners Equity. Policy loan transactions (note 5), executed at the direction of the contract owner, also result in transfers between the Account and the fixed account of the Company, but are included in Net Policy (Loans) Repayments. The fixed account assets are not reflected in the accompanying financial statements. For the periods ended December 31, 2011 and 2010, total transfers into the Account from the fixed account were $7,893 and $771, respectively, and total transfers from the Account to the fixed account were $482,856 and $5,073,622, respectively.
(7) Fair Value Measurement
FASB ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Account generally uses the market approach as the valuation technique due to the nature of the mutual fund investments offered in the Account. This technique maximizes the use of observable inputs and minimizes the use of unobservable inputs.
In accordance with FASB ASC 820, the Account categorized its financial instruments into a three level hierarchy based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument in its entirety.
The Account categorizes financial assets recorded at fair value as follows:
Level 1 Unadjusted quoted prices accessible in active markets and mutual funds where the value per share (unit) is determined and published and is the basis for current transactions for identical assets or liabilities at the measurement date.
Level 2 Unadjusted quoted prices for similar assets or liabilities in active markets or inputs (other than quoted prices) that are observable or that are derived principally from or corroborated by observable market data through correlation or other means.
Level 3 Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. Inputs reflect managements best estimate about the assumptions market participants would use at the measurement date in pricing the asset or liability. Consideration is given to the risk inherent in both the method of valuation and the valuation inputs.
The Account recognizes significant transfers between fair value hierarchy levels at the reporting period end. There were no significant transfers between Level 1 and 2 as of December 31, 2011.
The following table summarizes assets measured at fair value on a recurring basis as of December 31, 2011:
Level 1 | Level 2 | Level 3 | Total | |||||
Separate Account Investments |
$175,115,478 | $0 | $0 | $175,115,478 |
The Account did not have any assets or liabilities reported at fair value on a nonrecurring basis required to be disclosed under FASB ASC 820.
The cost of purchases and proceeds from sales of Investments for the year ended December 31,2011 are as follows:
Purchases of Investments |
Sales of Investments |
|||||||||
AMVGS2 ( Global Small Capitalization Fund - Class 2 ) |
$ | 6,029 | $ | 13 | ||||||
AMVGR2 ( Growth Fund - Class 2 ) |
1,675,792 | 150,731 | ||||||||
AMVI2 ( International Fund - Class 2 ) |
218,239 | 3,377 | ||||||||
MLVLC2 ( Large Cap Core V.I. Fund - Class II ) |
3,034,515 | 2,670,976 | ||||||||
CVSSE ( Calvert VP SRI Equity Portfolio ) |
358 | 1,575 | ||||||||
DSIF ( Stock Index Fund, Inc. - Initial Shares ) |
10,745,532 | 23,943,929 | ||||||||
DSRG ( The Dreyfus Socially Responsible Growth Fund, |
2,141 | 12,020 | ||||||||
OGGO ( Insurance Trust - Insurance Trust Diversified Mid Cap Growth Portfolio 1 ) |
44,375 | 395,220 | ||||||||
JABS ( Janus Aspen Series - Balanced Portfolio - Service Shares ) |
131,648 | 39,821 | ||||||||
JACAS ( Janus Aspen Series - Forty Portfolio - Service Shares ) |
57,905 | 113,764 | ||||||||
JAGTS ( Janus Aspen Series - Global Technology Portfolio - Service Shares ) |
241,384 | 1,724,785 | ||||||||
JAIGS ( Janus Aspen Series - Overseas Portfolio - Service Shares ) |
101,803 | 171,087 | ||||||||
LZREMS ( Retirement Emerging Markets Equity |
1,114,468 | 66,518 | ||||||||
LOVMCV ( Series Fund - Mid Cap Value |
4,544 | 5,524 | ||||||||
MVRISC ( Research International Series - Service Class ) |
1,537 | 7,928 | ||||||||
MVFSC ( Value Series - Service Class ) |
27,872 | 3,933 | ||||||||
MVIVSC ( Variable Insurance Trust II - International Value Portfolio - Service Class ) |
928,461 | 247,061 | ||||||||
MSEM ( Emerging Markets Debt Portfolio - Class I ) |
597,779 | 53,869 | ||||||||
MSVMG ( Mid Cap Growth Portfolio - Class I ) |
73,087 | 44,170 | ||||||||
MSVRE ( U.S. Real Estate Portfolio - Class I ) |
452,459 | 144,390 | ||||||||
HIBF ( Federated NVIT High Income Bond Fund - |
218,355 | 543,634 | ||||||||
GEM ( NVIT Emerging Markets Fund - Class I ) |
14,805 | 27,174 | ||||||||
GIG ( NVIT International Equity Fund - Class I ) |
66,342 | 33,905 | ||||||||
TRF ( NVIT Fund - Class I ) |
120,082 | 34,522 | ||||||||
GBF ( NVIT Government Bond Fund - Class I ) |
1,760,026 | 1,055,429 | ||||||||
CAF ( American Century NVIT Growth Fund - Class I ) |
8,267 | 16,845 | ||||||||
GVIX2 ( NVIT International Index Fund - Class II ) |
1,032 | 968 |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
GVIDA ( NVIT Investor Destinations Aggressive Fund - Class II ) |
182 | 2,091 | ||||||||||
GVIDC ( NVIT Investor Destinations Conservative Fund - |
707 | 313 | ||||||||||
GVIDM ( NVIT Investor Destinations Moderate Fund - Class II ) |
125,679 | 610,190 | ||||||||||
GVDMA ( NVIT Investor Destinations Moderately Aggressive Fund - Class II ) |
34,871 | 2,374 | ||||||||||
GVDMC ( NVIT Investor Destinations Moderately Conservative Fund - Class II ) |
1,490 | 730 | ||||||||||
MCIF ( NVIT Mid Cap Index Fund - Class I ) |
1,957,250 | 2,340,912 | ||||||||||
SAM ( NVIT Money Market Fund - Class I ) |
- | 6,533 | ||||||||||
SAM5 ( NVIT Money Market Fund - Class V ) |
31,958,139 | 25,037,447 | ||||||||||
NVMLG1 ( NVIT Multi - Manager Large Cap Growth Fund - |
21,556 | 22,408 | ||||||||||
NVMLV1 ( NVIT Multi - Manager Large Cap Value Fund - Class I ) |
12,995 | 7,603 | ||||||||||
NVMMG1 ( NVIT Multi - Manager Mid Cap Growth Fund - Class I ) |
3,974 | 20,024 | ||||||||||
SCGF ( NVIT Multi - Manager Small Cap Growth Fund - Class I ) |
1,109,227 | 1,212,853 | ||||||||||
SCVF ( NVIT Multi - Manager Small Cap Value Fund - Class I ) |
12,305 | 3,430,505 | ||||||||||
SCF ( NVIT Multi - Manager Small Company Fund - Class I ) |
431,444 | 904,440 | ||||||||||
MSBF ( NVIT Multi - Sector Bond Fund - Class I ) |
66,188 | 722,383 | ||||||||||
EIF ( Van Kampen NVIT Comstock Value Fund - Class I ) |
4,776 | 45,116 | ||||||||||
ALVGIA ( VPS Growth and Income Portfolio - Class A ) |
18,301 | 6,112 | ||||||||||
ALVIVA ( VPS International Value Portfolio - Class A ) |
236,852 | 320,011 | ||||||||||
ACVB ( VP Balanced Fund - Class I ) |
6,671 | 14,102 | ||||||||||
ACVCA ( VP Capital Appreciation Fund - Class I ) |
14,517 | 38,971 | ||||||||||
ACVIG ( VP Income & Growth Fund - Class I ) |
145,448 | 156,904 | ||||||||||
ACVI ( VP International Fund - Class I ) |
95,520 | 265,362 | ||||||||||
ACVMV1 ( VP Mid Cap Value Fund - Class I ) |
297,322 | 24,859 | ||||||||||
ACVU1 ( VP Ultra(R) Fund - Class I ) |
12,701 | 12,310 | ||||||||||
ACVV ( VP Value Fund - Class I ) |
52,311 | 198,370 | ||||||||||
ACVVS1 ( VP Vista(SM) Fund - Class I ) |
4,171 | 6,558 | ||||||||||
DVMCS ( MidCap Stock Portfolio - Initial Shares ) |
2,405 | 2,056 | ||||||||||
DVSCS ( Small Cap Stock Index Portfolio - Service Shares ) |
1,868,246 | 2,541,799 | ||||||||||
DCAP ( Appreciation Portfolio - Initial Shares ) |
90,568 | 49,474 | ||||||||||
DGI ( Growth and Income Portfolio - Initial Shares ) |
5,768 | 11,115 | ||||||||||
DVIV ( International Value Portfolio - Initial Shares ) |
92,904 | 515,338 | ||||||||||
FQB ( Quality Bond Fund II - Primary Shares ) |
69,146 | 287,303 | ||||||||||
FEIP ( Equity - Income Portfolio - Initial Class ) |
5,319 | 3,150 | ||||||||||
FHIP ( High Income Portfolio - Initial Class ) |
8,015 | 2,274 | ||||||||||
FAMP ( VIP Fund - Asset Manager Portfolio - Initial Class ) |
835,954 | 1,779,525 | ||||||||||
FCP ( VIP Fund - Contrafund Portfolio - Initial Class ) |
20,817 | 10,611 | ||||||||||
FCS ( VIP Fund - Contrafund Portfolio - Service Class ) |
3,482,331 | 3,756,356 | ||||||||||
FEIS ( VIP Fund - Equity - Income Portfolio - Service Class ) |
63,106 | 131,830 | ||||||||||
FGOP ( VIP Fund - Growth Opportunities Portfolio - Initial Class ) |
1,693 | 1,216 | ||||||||||
FGOS ( VIP Fund - Growth Opportunities Portfolio - Service Class ) |
332,407 | 116,419 | ||||||||||
FGP ( VIP Fund - Growth Portfolio - Initial Class ) |
5,331 | 5,210 | ||||||||||
FGS ( VIP Fund - Growth Portfolio - Service Class ) |
93,487 | 209,661 | ||||||||||
FHIS ( VIP Fund - High Income Portfolio - Service Class ) |
274,637 | 1,839,162 | ||||||||||
FIGBS ( VIP Fund - Investment Grade Bond Portfolio - Service Class ) |
9,498 | 5,592 | ||||||||||
FMCS ( VIP Fund - Mid Cap Portfolio - Service Class ) |
544,821 | 257,224 | ||||||||||
FOP ( VIP Fund - Overseas Portfolio - Initial Class ) |
2,549 | 3,422 | ||||||||||
FOS ( VIP Fund - Overseas Portfolio - Service Class ) |
85,541 | 170,124 | ||||||||||
FVSS ( VIP Fund - Value Strategies Portfolio - Service Class ) |
2,612 | 1,272 | ||||||||||
FTVSV2 ( Franklin Small Cap Value Securities Fund - Class 2 ) |
4,361,949 | 1,175,899 | ||||||||||
TIF2 ( Templeton Foreign Securities Fund - Class 2 ) |
52,429 | 25,644 | ||||||||||
FTVGI2 ( Templeton Global Bond Securities Fund - Class 2 ) |
638,530 | 6,280 | ||||||||||
GVMCE ( Goldman Sachs VIT - Goldman Sachs Mid Cap Value Fund - Institutional Shares ) |
128,490 | 874,414 | ||||||||||
BNCAI ( Lincoln VIP Trust - Baron Growth Opportunities Funds - Service Class ) |
57,172 | 133,951 | ||||||||||
AMTB ( Advisers Management Trust - Short Duration Bond Portfolio - I Class Shares ) |
8,130 | 8,071 | ||||||||||
AMTG ( Growth Portfolio - I Class Shares ) |
5,601 | 18,073 | ||||||||||
AMGP ( Guardian Portfolio - I Class Shares ) |
21,889 | 12,960 | ||||||||||
AMCG ( Mid - Cap Growth Portfolio - I Class Shares ) |
5,858 | 148,512 | ||||||||||
AMTP ( Partners Portfolio - I Class Shares ) |
8,006 | 61,088 | ||||||||||
AMFAS ( Small - Cap Growth Portfolio - S Class Shares ) |
862 | 5,142 | ||||||||||
OVMS ( Balanced Fund/VA - Non - Service Shares ) |
12,892 | 19,421 | ||||||||||
OVGR ( Capital Appreciation Fund/VA - Non - Service Shares ) |
40,110 | 1,462,000 | ||||||||||
OVB ( Core Bond Fund/VA - Non - Service Shares ) |
32,560 | 27,111 | ||||||||||
OVGS ( Global Securities Fund/VA - Non - Service Shares ) |
122,059 | 305,758 | ||||||||||
OVGI ( Main Street Fund(R)/VA - Non - Service Shares ) |
3,525 | 5,702 | ||||||||||
OVAG ( Mid - Cap Growth Fund/VA - Non - Service Shares ) |
29,960 | 251,582 | ||||||||||
PMVAAA ( All Asset Portfolio - Administrative Class ) |
3,197,328 | 24,605 | ||||||||||
PMVFBA ( Foreign Bond Portfolio (Unhedged) - Administrative Class ) |
2,110 | 438,750 | ||||||||||
PMVLDA ( Low Duration Portfolio - Administrative Class ) |
95,696 | 112,905 | ||||||||||
PMVRRA ( Real Return Portfolio - Administrative Class ) |
1,022,263 | 899,501 | ||||||||||
PMVTRA ( Total Return Portfolio - Administrative Class ) |
20,714,470 | 6,766,691 | ||||||||||
PIHYB1 ( Variable Contracts Trust - High Yield VCT Portfolio - Class I Shares ) |
7,341 | 3,202 | ||||||||||
ACGI ( Growth and Income Portfolio - Class I ) |
507,556 | 21,204 | ||||||||||
AVBVI ( V.I. Basic Value Fund - Series I ) |
1,132 | 5,642 | ||||||||||
AVCDI ( V.I. Capital Development Fund - Series I ) |
241 | 481 | ||||||||||
AVIE ( V.I. International Growth Fund - Series I ) |
123,372 | 71,595 | ||||||||||
ROCMC ( Micro - Cap Portfolio - Investment Class ) |
1,541,628 | 2,315,272 | ||||||||||
TREI2 ( Equity Income Portfolio - II ) |
112,867 | 1,159,335 | ||||||||||
TRMCG2 ( Mid - Cap Growth Portfolio - II ) |
159,675 | 1,087,633 | ||||||||||
TRNAG1 ( New America Growth Portfolio ) |
112,678 | 464,495 | ||||||||||
VWBF ( VIP Trust - Global Bond Fund: Initial Class ) |
52,456 | 32,029 | ||||||||||
VWEM ( VIP Trust - Emerging Markets Fund: Initial Class ) |
4,499,513 | 5,976,860 | ||||||||||
VWHA ( VIP Trust - Global Hard Assets Fund: Initial Class ) |
772,486 | 1,848,990 | ||||||||||
WRGP ( Ivy Fund Variable Insurance Portfolios, Inc. - Growth ) |
545 | 1,181 | ||||||||||
WRRESP ( Ivy Fund Variable Insurance Portfolios, Inc. - Real Estate Securities ) |
13,160 | 643 | ||||||||||
SVDF ( Advantage Funds Variable Trust - VT Discovery Fund ) |
3,936 | 3,047 | ||||||||||
SVOF ( Advantage VT Opportunity Fund - Class 2 ) |
5,338 | 108,560 | ||||||||||
CSIEF3 ( Credit Suisse Trust - International Equity Flex III Portfolio(obsolete) ) |
309,495 | 611,208 | ||||||||||
GEF ( Gartmore NVIT Worldwide Leaders Fund - Class I ) |
967 | 161,684 | ||||||||||
WSCP ( U.S. Equity Flex I Portfolio(obsolete) ) |
243,312 | 531,586 | ||||||||||
|
|
|||||||||||
Total | $ | 105,200,176 | $ | 105,811,489 | ||||||||
|
|
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT-C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
(8) Financial Highlights
The following tabular presentation is a summary of units, unit fair values, contract owners equity outstanding and contract expense rates for variable life contracts as of December 31, 2011, and the investment income ratio and total return for each of the periods in the five year period ended December 31, 2011. Total return and investment income ratio for periods with no ending contract owners equity were considered to be irrelevant, and therefore are not presented.
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** |
||||||||||||||||||||
Global Small Capitalization Fund - Class 2 (AMVGS2) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 668 | $ | 8.995318 | $ | 6,009 | 0.02% | -19.35% | ||||||||||||||||||
Growth Fund - Class 2 (AMVGR2) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 138,625 | 9.945799 | 1,378,736 | 0.66% | -4.52% | ||||||||||||||||||||
International Fund - Class 2 (AMVI2) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 15,072 | 7.842030 | 118,195 | 1.62% | -21.58% | 5/2/2011 | |||||||||||||||||||
2011 |
0.25% | 9,701 | 7.839419 | 76,050 | 1.62% | -21.61% | 5/2/2011 | |||||||||||||||||||
Large Cap Core V.I. Fund - Class II (MLVLC2) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 52 | 11.782911 | 613 | 0.25% | 1.95% | ||||||||||||||||||||
2010 |
0.25% | 38 | 11.557561 | 439 | 0.75% | 8.71% | ||||||||||||||||||||
2009 |
0.25% | 42 | 10.631422 | 447 | 0.07% | 22.05% | ||||||||||||||||||||
2008 |
0.25% | 2,858 | 8.710851 | 24,896 | 0.17% | -38.99% | ||||||||||||||||||||
Calvert VP SRI Equity Portfolio (CVSSE) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 355 | 16.617281 | 5,899 | 0.00% | -1.59% | ||||||||||||||||||||
2010 |
0.25% | 424 | 16.885673 | 7,160 | 0.04% | 16.97% | ||||||||||||||||||||
2009 |
0.25% | 844 | 14.435757 | 12,184 | 0.39% | 33.92% | ||||||||||||||||||||
2008 |
0.25% | 870 | 10.779017 | 9,378 | 0.00% | -35.95% | ||||||||||||||||||||
2007 |
0.25% | 516 | 16.829986 | 8,684 | 0.00% | 9.71% | ||||||||||||||||||||
Stock Index Fund, Inc. - Initial Shares (DSIF) |
|
|||||||||||||||||||||||||
2011 |
0.10% | 35,823 | 11.729321 | 420,179 | 1.62% | 1.78% | ||||||||||||||||||||
2011 |
0.20% | 741,013 | 11.900956 | 8,818,763 | 1.62% | 1.67% | ||||||||||||||||||||
2011 |
0.25% | 433,464 | 13.389225 | 5,803,747 | 1.62% | 1.62% | ||||||||||||||||||||
2010 |
0.10% | 38,692 | 11.524660 | 445,912 | 1.95% | 14.72% | ||||||||||||||||||||
2010 |
0.20% | 1,913,959 | 11.704974 | 22,402,840 | 1.95% | 14.61% | ||||||||||||||||||||
2010 |
0.25% | 502,399 | 13.175298 | 6,619,257 | 1.95% | 14.55% | ||||||||||||||||||||
2009 |
0.10% | 41,573 | 10.045645 | 417,628 | 2.08% | 26.21% | ||||||||||||||||||||
2009 |
0.20% | 905,049 | 10.213014 | 9,243,278 | 2.08% | 26.08% | ||||||||||||||||||||
2009 |
0.25% | 684,501 | 11.501671 | 7,872,905 | 2.08% | 26.02% | ||||||||||||||||||||
2009 |
0.40% | 5 | 11.302075 | 57 | 2.08% | 25.83% | ||||||||||||||||||||
2008 |
0.10% | 44,546 | 7.959597 | 354,568 | 2.02% | -37.20% | ||||||||||||||||||||
2008 |
0.20% | 950,253 | 8.100298 | 7,697,332 | 2.02% | -37.27% | ||||||||||||||||||||
2008 |
0.25% | 893,251 | 9.126944 | 8,152,652 | 2.02% | -37.30% | ||||||||||||||||||||
2008 |
0.40% | 48 | 8.982024 | 431 | 2.02% | -37.39% | ||||||||||||||||||||
2007 |
0.10% | 46,372 | 12.675284 | 587,778 | 1.68% | 5.15% | ||||||||||||||||||||
2007 |
0.20% | 1,615,390 | 12.912279 | 20,858,366 | 1.68% | 5.04% | ||||||||||||||||||||
2007 |
0.25% | 1,021,830 | 14.556103 | 14,873,863 | 1.68% | 4.99% | ||||||||||||||||||||
2007 |
0.40% | 1,278 | 14.346541 | 18,335 | 1.68% | 4.83% | ||||||||||||||||||||
The Dreyfus Socially Responsible Growth Fund, Inc. - Initial Shares (DSRG) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,537 | 11.403159 | 17,527 | 0.84% | 0.65% | ||||||||||||||||||||
2010 |
0.25% | 2,396 | 11.329549 | 27,146 | 1.02% | 14.53% | ||||||||||||||||||||
2009 |
0.25% | 3,436 | 9.892320 | 33,990 | 1.63% | 33.42% | ||||||||||||||||||||
2008 |
0.25% | 9,406 | 7.414344 | 69,739 | 0.71% | -34.59% | ||||||||||||||||||||
2007 |
0.25% | 9,990 | 11.334861 | 113,235 | 0.19% | 7.51% | ||||||||||||||||||||
Insurance Trust - Insurance Trust Diversified Mid Cap Growth Portfolio 1 (OGGO) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 32,145 | 19.655518 | 631,827 | 0.00% | -6.38% | ||||||||||||||||||||
2010 |
0.25% | 48,346 | 20.995929 | 1,015,069 | 0.00% | 25.32% | ||||||||||||||||||||
2009 |
0.25% | 82,943 | 16.754091 | 1,389,635 | 0.00% | 42.68% | ||||||||||||||||||||
2008 |
0.25% | 92,476 | 11.742244 | 1,085,876 | 0.00% | -43.93% | ||||||||||||||||||||
2007 |
0.25% | 79,618 | 20.940470 | 1,667,238 | 0.00% | 16.94% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** |
||||||||||||||||||||
Janus Aspen Series - Balanced Portfolio - Service Shares (JABS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 85 | $ | 18.392478 | $ | 1,563 | 2.77% | 1.15% | ||||||||||||||||||
2011 |
0.25% | 7,459 | 18.306924 | 136,551 | 2.77% | 1.10% | ||||||||||||||||||||
2010 |
0.20% | 5 | 18.182894 | 91 | 3.94% | 7.90% | ||||||||||||||||||||
2010 |
0.25% | 2,879 | 18.107344 | 52,131 | 3.94% | 7.85% | ||||||||||||||||||||
2009 |
0.25% | 5,883 | 16.789471 | 98,772 | 3.76% | 25.27% | ||||||||||||||||||||
2009 |
0.40% | 3 | 16.606015 | 50 | 3.76% | 25.08% | ||||||||||||||||||||
2008 |
0.25% | 4,246 | 13.402810 | 56,908 | 2.72% | -16.27% | ||||||||||||||||||||
2008 |
0.40% | 2 | 13.276251 | 27 | 2.72% | -16.39% | ||||||||||||||||||||
2007 |
0.25% | 32,006 | 16.007046 | 512,322 | 2.28% | 10.01% | ||||||||||||||||||||
2007 |
0.40% | 56 | 15.879713 | 889 | 2.28% | 9.84% | ||||||||||||||||||||
Janus Aspen Series - Forty Portfolio - Service Shares (JACAS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 43 | 10.136220 | 436 | 0.27% | -7.13% | ||||||||||||||||||||
2011 |
0.25% | 15,063 | 10.075943 | 151,774 | 0.27% | -7.17% | ||||||||||||||||||||
2010 |
0.20% | 13 | 10.914078 | 142 | 0.24% | 6.27% | ||||||||||||||||||||
2010 |
0.25% | 19,871 | 10.854583 | 215,691 | 0.24% | 6.21% | ||||||||||||||||||||
2009 |
0.25% | 19,748 | 10.219612 | 201,817 | 0.00% | 45.65% | ||||||||||||||||||||
2009 |
0.40% | 2 | 10.068481 | 20 | 0.00% | 45.43% | ||||||||||||||||||||
2008 |
0.25% | 13,570 | 7.016534 | 95,214 | 0.02% | -44.45% | ||||||||||||||||||||
2008 |
0.40% | 64 | 6.923153 | 443 | 0.02% | -44.53% | ||||||||||||||||||||
2007 |
0.25% | 26,310 | 12.630653 | 332,312 | 0.11% | 36.29% | ||||||||||||||||||||
2007 |
0.40% | 792 | 12.481327 | 9,885 | 0.11% | 36.09% | ||||||||||||||||||||
Janus Aspen Series - Global Technology Portfolio - Service Shares (JAGTS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 37,279 | 5.095046 | 189,938 | 0.00% | -8.88% | ||||||||||||||||||||
2010 |
0.25% | 298,426 | 5.591880 | 1,668,762 | 0.00% | 24.09% | ||||||||||||||||||||
2009 |
0.25% | 394,308 | 4.506481 | 1,776,942 | 0.00% | 56.51% | ||||||||||||||||||||
2008 |
0.25% | 128,813 | 2.879447 | 370,910 | 0.08% | -44.11% | ||||||||||||||||||||
2007 |
0.25% | 111,074 | 5.152101 | 572,264 | 0.33% | 21.39% | ||||||||||||||||||||
Janus Aspen Series - Overseas Portfolio - Service Shares (JAIGS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 148,031 | 13.063595 | 1,933,817 | 0.38% | -32.51% | ||||||||||||||||||||
2010 |
0.25% | 154,714 | 19.355227 | 2,994,525 | 0.51% | 24.70% | ||||||||||||||||||||
2009 |
0.25% | 192,694 | 15.520876 | 2,990,780 | 0.40% | 78.62% | ||||||||||||||||||||
2008 |
0.25% | 153,642 | 8.689119 | 1,335,014 | 2.69% | -52.35% | ||||||||||||||||||||
2007 |
0.25% | 165,920 | 18.234395 | 3,025,451 | 0.45% | 27.70% | ||||||||||||||||||||
Retirement Emerging Markets Equity Portfolio - Service Shares (LZREMS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 36,453 | 9.320058 | 339,744 | 2.69% | -18.16% | ||||||||||||||||||||
2011 |
0.25% | 58,357 | 9.312320 | 543,439 | 2.69% | -18.20% | ||||||||||||||||||||
Series Fund - Mid Cap Value Portfolio - Class VC (LOVMCV) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 2,998 | 11.586400 | 34,736 | 0.22% | -4.25% | ||||||||||||||||||||
2010 |
0.25% | 3,024 | 12.100786 | 36,593 | 0.14% | 25.12% | ||||||||||||||||||||
2009 |
0.25% | 10,880 | 9.671569 | 105,227 | 0.45% | 26.30% | ||||||||||||||||||||
2008 |
0.25% | 3,801 | 7.657684 | 29,107 | 1.63% | -39.51% | ||||||||||||||||||||
2007 |
0.25% | 2,898 | 12.658811 | 36,685 | 0.44% | 0.33% | ||||||||||||||||||||
Research International Series - Service Class (MVRISC) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 9,778 | 7.712183 | 75,410 | 1.71% | -11.28% | ||||||||||||||||||||
2010 |
0.25% | 10,732 | 8.692628 | 93,289 | 1.37% | 10.20% | ||||||||||||||||||||
2009 |
0.25% | 11,163 | 7.888076 | 88,055 | 1.90% | 30.24% | ||||||||||||||||||||
2008 |
0.25% | 59,353 | 6.056428 | 359,467 | 0.00% | -42.67% | ||||||||||||||||||||
Value Series - Service Class (MVFSC) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 12,156 | 8.867804 | 107,797 | 1.17% | -0.71% | ||||||||||||||||||||
2010 |
0.25% | 9,308 | 8.931612 | 83,135 | 1.32% | 10.94% | ||||||||||||||||||||
2009 |
0.25% | 9,681 | 8.050967 | 77,941 | 0.00% | 22.15% | ||||||||||||||||||||
Variable Insurance Trust II - International Value Portfolio - Service Class (MVIVSC) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 187,079 | 13.989490 | 2,617,140 | 0.98% | -2.02% | ||||||||||||||||||||
2010 |
0.25% | 144,340 | 14.278137 | 2,060,906 | 1.16% | 8.51% | ||||||||||||||||||||
2009 |
0.25% | 119,114 | 13.158607 | 1,567,374 | 0.00% | 31.59% | 5/1/2009 |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||
Emerging Markets Debt Portfolio - Class I (MSEM) |
|
|||||||||||||||||||||||
2011 |
0.25% | 20,882 | $ | 27.548050 | $ | 575,258 | 0.67% | 6.77% | ||||||||||||||||
2010 |
0.25% | 1,169 | 25.802224 | 30,163 | 4.11% | 9.47% | ||||||||||||||||||
2009 |
0.25% | 1,001 | 23.569995 | 23,594 | 4.70% | 29.88% | ||||||||||||||||||
2008 |
0.25% | 6,666 | 18.146989 | 120,968 | 5.75% | -15.19% | ||||||||||||||||||
2007 |
0.25% | 16,418 | 21.396908 | 351,294 | 4.89% | 6.26% | ||||||||||||||||||
Mid Cap Growth Portfolio - Class I (MSVMG) |
|
|||||||||||||||||||||||
2011 |
0.25% | 8,177 | 11.507335 | 94,095 | 0.28% | -7.35% | ||||||||||||||||||
2010 |
0.25% | 5,561 | 12.420541 | 69,071 | 0.00% | 31.98% | ||||||||||||||||||
2009 |
0.25% | 7,909 | 9.410608 | 74,428 | 0.00% | 57.27% | ||||||||||||||||||
2008 |
0.25% | 23,748 | 5.983894 | 142,106 | 0.72% | -46.90% | ||||||||||||||||||
2007 |
0.25% | 32,696 | 11.268795 | 368,445 | 0.00% | 22.36% | ||||||||||||||||||
U.S. Real Estate Portfolio - Class I (MSVRE) |
|
|||||||||||||||||||||||
2011 |
0.20% | 9,222 | 29.258108 | 269,818 | 0.88% | 5.71% | ||||||||||||||||||
2011 |
0.25% | 30,847 | 30.477778 | 940,148 | 0.88% | 5.66% | ||||||||||||||||||
2010 |
0.25% | 29,662 | 28.846381 | 855,641 | 1.69% | 29.64% | ||||||||||||||||||
2009 |
0.25% | 57,931 | 22.251750 | 1,289,066 | 2.74% | 28.03% | ||||||||||||||||||
2008 |
0.25% | 40,876 | 17.379512 | 710,405 | 2.29% | -38.05% | ||||||||||||||||||
2007 |
0.25% | 79,286 | 28.053652 | 2,224,262 | 1.08% | -17.28% | ||||||||||||||||||
2007 |
0.40% | 264 | 29.190018 | 7,706 | 1.08% | -17.40% | ||||||||||||||||||
Federated NVIT High Income Bond Fund - Class I (HIBF) |
|
|||||||||||||||||||||||
2011 |
0.20% | 12,948 | 18.949115 | 245,353 | 8.33% | 3.61% | ||||||||||||||||||
2011 |
0.25% | 56,573 | 19.252108 | 1,089,150 | 8.33% | 3.56% | ||||||||||||||||||
2010 |
0.25% | 92,350 | 18.590518 | 1,716,834 | 8.65% | 12.87% | ||||||||||||||||||
2009 |
0.25% | 94,725 | 16.470462 | 1,560,165 | 8.91% | 45.63% | ||||||||||||||||||
2008 |
0.25% | 149,549 | 11.309571 | 1,691,335 | 9.29% | -28.17% | ||||||||||||||||||
2007 |
0.25% | 129,054 | 15.744706 | 2,031,917 | 7.52% | 2.88% | ||||||||||||||||||
2007 |
0.40% | 454 | 15.518038 | 7,045 | 7.52% | 2.72% | ||||||||||||||||||
NVIT Emerging Markets Fund - Class I (GEM) |
|
|||||||||||||||||||||||
2011 |
0.25% | 39,554 | 22.311980 | 882,528 | 0.69% | -22.57% | ||||||||||||||||||
2010 |
0.25% | 40,199 | 28.814934 | 1,158,332 | 0.06% | 15.88% | ||||||||||||||||||
2009 |
0.25% | 40,474 | 24.865174 | 1,006,393 | 1.30% | 62.91% | ||||||||||||||||||
2008 |
0.25% | 41,975 | 15.263531 | 640,687 | 1.23% | -57.87% | ||||||||||||||||||
2007 |
0.25% | 39,428 | 36.226972 | 1,428,357 | 0.75% | 45.21% | ||||||||||||||||||
NVIT International Equity Fund - Class I (GIG) |
|
|||||||||||||||||||||||
2011 |
0.25% | 6,959 | 11.877298 | 82,654 | 1.44% | -9.99% | ||||||||||||||||||
2010 |
0.25% | 4,554 | 13.195400 | 60,092 | 0.85% | 13.01% | ||||||||||||||||||
2009 |
0.25% | 6,777 | 11.676578 | 79,132 | 1.04% | 29.40% | ||||||||||||||||||
2008 |
0.25% | 23,223 | 9.023725 | 209,558 | 1.28% | -46.19% | ||||||||||||||||||
2007 |
0.25% | 29,472 | 16.769826 | 494,240 | 0.40% | 26.83% | ||||||||||||||||||
NVIT Fund - Class I (TRF) |
|
|||||||||||||||||||||||
2011 |
0.20% | 9,622 | 11.842189 | 113,946 | 1.31% | 0.33% | ||||||||||||||||||
2011 |
0.25% | 14,528 | 11.649334 | 169,242 | 1.31% | 0.28% | ||||||||||||||||||
2010 |
0.25% | 17,101 | 11.617005 | 198,662 | 1.02% | 13.17% | ||||||||||||||||||
2009 |
0.25% | 19,379 | 10.265438 | 198,934 | 1.59% | 25.78% | ||||||||||||||||||
2008 |
0.25% | 70,839 | 8.161290 | 578,138 | 1.47% | -41.70% | ||||||||||||||||||
2007 |
0.25% | 57,392 | 13.998938 | 803,427 | 0.96% | 7.91% | ||||||||||||||||||
NVIT Government Bond Fund - Class I (GBF) |
|
|||||||||||||||||||||||
2011 |
0.20% | 72,792 | 17.024059 | 1,239,215 | 2.99% | 7.04% | ||||||||||||||||||
2011 |
0.25% | 184,779 | 20.239936 | 3,739,915 | 2.99% | 6.99% | ||||||||||||||||||
2010 |
0.20% | 76 | 15.904251 | 1,209 | 2.92% | 4.57% | ||||||||||||||||||
2010 |
0.25% | 216,012 | 18.918030 | 4,086,521 | 2.92% | 4.52% | ||||||||||||||||||
2009 |
0.25% | 233,386 | 18.099905 | 4,224,264 | 3.21% | 2.43% | ||||||||||||||||||
2009 |
0.40% | 46 | 17.785926 | 818 | 3.21% | 2.28% | ||||||||||||||||||
2008 |
0.25% | 292,623 | 17.670196 | 5,170,706 | 4.39% | 7.45% | ||||||||||||||||||
2008 |
0.40% | 63 | 17.389732 | 1,096 | 4.39% | 7.29% | ||||||||||||||||||
2007 |
0.25% | 234,938 | 16.445029 | 3,863,562 | 4.04% | 6.89% | ||||||||||||||||||
2007 |
0.40% | 1,020 | 16.208282 | 16,532 | 4.04% | 6.73% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** |
||||||||||||||||||||
American Century NVIT Growth Fund - Class I (CAF) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 3,316 | $ | 8.000719 | $ | 26,530 | 0.59% | -0.94% | ||||||||||||||||||
2010 |
0.25% | 4,363 | 8.076493 | 35,238 | 0.62% | 18.95% | ||||||||||||||||||||
2009 |
0.25% | 5,417 | 6.789878 | 36,781 | 0.56% | 33.14% | ||||||||||||||||||||
2008 |
0.25% | 15,651 | 5.099866 | 79,818 | 0.24% | -38.86% | ||||||||||||||||||||
2007 |
0.25% | 46,608 | 8.341169 | 388,765 | 0.17% | 19.24% | ||||||||||||||||||||
NVIT International Index Fund - Class II (GVIX2) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 141 | 6.876547 | 970 | 0.00% | -12.94% | ||||||||||||||||||||
2009 |
0.20% | 623,586 | 7.374176 | 4,598,433 | 2.64% | 28.33% | ||||||||||||||||||||
2008 |
0.20% | 646,607 | 5.746412 | 3,715,670 | 1.83% | -43.22% | ||||||||||||||||||||
2008 |
0.25% | 473 | 5.741605 | 2,716 | 1.83% | -43.25% | ||||||||||||||||||||
2007 |
0.20% | 839,308 | 10.120857 | 8,494,516 | 1.21% | 1.21% | 5/1/2007 | |||||||||||||||||||
2007 |
0.25% | 7,682 | 10.117465 | 77,722 | 1.21% | 1.17% | 5/1/2007 | |||||||||||||||||||
2007 |
0.40% | 112 | 10.107323 | 1,132 | 1.21% | 1.07% | 5/1/2007 | |||||||||||||||||||
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 179 | 14.450227 | 2,587 | 1.83% | -4.17% | ||||||||||||||||||||
2010 |
0.25% | 302 | 15.079089 | 4,554 | 1.77% | 14.34% | ||||||||||||||||||||
2009 |
0.25% | 257 | 13.187693 | 3,389 | 1.22% | 26.89% | ||||||||||||||||||||
2008 |
0.25% | 203 | 10.393146 | 2,110 | 2.12% | -37.00% | ||||||||||||||||||||
NVIT Investor Destinations Conservative Fund - Class II (GVIDC) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 416 | 14.297532 | 5,948 | 2.41% | 2.67% | ||||||||||||||||||||
2010 |
0.25% | 398 | 13.925202 | 5,542 | 2.32% | 5.63% | ||||||||||||||||||||
2009 |
0.25% | 338 | 13.183237 | 4,456 | 1.92% | 8.81% | ||||||||||||||||||||
2008 |
0.25% | 360 | 12.115615 | 4,362 | 3.04% | -6.26% | ||||||||||||||||||||
2007 |
0.25% | 8,302 | 12.924331 | 107,298 | 7.71% | 5.12% | ||||||||||||||||||||
NVIT Investor Destinations Moderate Fund - Class II (GVIDM) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 49 | 14.815234 | 726 | 2.72% | -0.24% | ||||||||||||||||||||
2011 |
0.25% | 2,261 | 14.741846 | 33,331 | 2.72% | -0.29% | ||||||||||||||||||||
2010 |
0.20% | 17 | 14.850857 | 252 | 1.99% | 10.69% | ||||||||||||||||||||
2010 |
0.25% | 34,645 | 14.784666 | 512,215 | 1.99% | 10.64% | ||||||||||||||||||||
2009 |
0.25% | 49,703 | 13.363298 | 664,196 | 1.59% | 18.84% | ||||||||||||||||||||
2009 |
0.40% | 4 | 13.205276 | 53 | 1.59% | 18.66% | ||||||||||||||||||||
2008 |
0.25% | 41,282 | 11.244982 | 464,215 | 2.57% | -23.39% | ||||||||||||||||||||
2007 |
0.25% | 64,496 | 14.677673 | 946,651 | 2.55% | 5.39% | ||||||||||||||||||||
2007 |
0.40% | 90 | 14.547724 | 1,309 | 2.55% | 5.24% | ||||||||||||||||||||
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 4,776 | 14.761085 | 70,499 | 2.00% | -2.37% | ||||||||||||||||||||
2010 |
0.25% | 2,732 | 15.119471 | 41,306 | 1.97% | 12.55% | ||||||||||||||||||||
2009 |
0.25% | 2,835 | 13.433301 | 38,083 | 1.57% | 24.08% | ||||||||||||||||||||
2008 |
0.25% | 10,411 | 10.826159 | 112,711 | 2.64% | -31.56% | ||||||||||||||||||||
2007 |
0.25% | 7,122 | 15.818947 | 112,663 | 3.09% | 5.88% | ||||||||||||||||||||
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 437 | 14.814478 | 6,474 | 2.32% | 1.81% | ||||||||||||||||||||
2010 |
0.25% | 392 | 14.551412 | 5,704 | 2.25% | 8.25% | ||||||||||||||||||||
2009 |
0.25% | 368 | 13.443003 | 4,947 | 1.89% | 14.28% | ||||||||||||||||||||
2008 |
0.25% | 352 | 11.763719 | 4,141 | 3.24% | -15.26% | ||||||||||||||||||||
2007 |
0.25% | 156 | 13.881453 | 2,166 | 3.45% | 5.59% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** |
||||||||||||||||||||
NVIT Mid Cap Index Fund - Class I (MCIF) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 280,177 | $ | 18.813235 | $ | 5,271,036 | 0.77% | -2.74% | ||||||||||||||||||
2011 |
0.25% | 2,346 | 24.454135 | 57,369 | 0.77% | -2.79% | ||||||||||||||||||||
2010 |
0.20% | 308,257 | 19.342901 | 5,962,585 | 1.25% | 25.95% | ||||||||||||||||||||
2010 |
0.25% | 2,455 | 25.155173 | 61,756 | 1.25% | 25.89% | ||||||||||||||||||||
2009 |
0.20% | 313,690 | 15.357744 | 4,817,571 | 0.97% | 36.48% | ||||||||||||||||||||
2009 |
0.25% | 6,504 | 19.982487 | 129,966 | 0.97% | 36.41% | ||||||||||||||||||||
2008 |
0.20% | 327,416 | 11.252548 | 3,684,264 | 1.24% | -36.59% | ||||||||||||||||||||
2008 |
0.25% | 9,996 | 14.648394 | 146,425 | 1.24% | -36.62% | ||||||||||||||||||||
2007 |
0.20% | 383,938 | 17.745558 | 6,813,194 | 1.57% | 7.34% | ||||||||||||||||||||
2007 |
0.25% | 27,830 | 23.112486 | 643,220 | 1.57% | 7.29% | ||||||||||||||||||||
2007 |
0.40% | 88 | 22.779636 | 2,005 | 1.57% | 7.13% | ||||||||||||||||||||
NVIT Money Market Fund - Class I (SAM) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 23,658 | 13.576905 | 321,202 | 0.00% | -0.25% | ||||||||||||||||||||
2010 |
0.25% | 24,079 | 13.610786 | 327,734 | 0.00% | -0.25% | ||||||||||||||||||||
2009 |
0.25% | 24,495 | 13.644862 | 334,231 | 0.04% | -0.21% | ||||||||||||||||||||
2008 |
0.25% | 24,937 | 13.673319 | 340,972 | 2.06% | 1.80% | ||||||||||||||||||||
2007 |
0.25% | 30,416 | 13.431742 | 408,540 | 4.64% | 4.53% | ||||||||||||||||||||
NVIT Money Market Fund - Class V (SAM5) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 950,693 | 11.517285 | 10,949,402 | 0.00% | -0.20% | ||||||||||||||||||||
2011 |
0.25% | 4,222,427 | 11.464248 | 48,406,950 | 0.00% | -0.25% | ||||||||||||||||||||
2010 |
0.20% | 408,271 | 11.540261 | 4,711,554 | 0.00% | -0.20% | ||||||||||||||||||||
2010 |
0.25% | 4,152,465 | 11.492942 | 47,724,039 | 0.00% | -0.25% | ||||||||||||||||||||
2009 |
0.20% | 642,094 | 11.563359 | 7,424,763 | 0.05% | -0.14% | ||||||||||||||||||||
2009 |
0.25% | 4,307,135 | 11.521736 | 49,625,672 | 0.05% | -0.19% | ||||||||||||||||||||
2008 |
0.20% | 753,266 | 11.579888 | 8,722,736 | 2.01% | 1.94% | ||||||||||||||||||||
2008 |
0.25% | 4,393,398 | 11.543990 | 50,717,343 | 2.01% | 1.89% | ||||||||||||||||||||
2008 |
0.40% | 26 | 11.436879 | 297 | 2.01% | 1.73% | ||||||||||||||||||||
2007 |
0.25% | 3,235,276 | 11.330392 | 36,656,945 | 4.66% | 4.60% | ||||||||||||||||||||
2007 |
0.40% | 9,400 | 11.242166 | 105,676 | 4.66% | 4.44% | ||||||||||||||||||||
NVIT Multi-Manager Large Cap Growth Fund - Class I (NVMLG1) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 15,823 | 9.179010 | 145,239 | 0.01% | -3.15% | ||||||||||||||||||||
2010 |
0.25% | 15,853 | 9.477375 | 150,245 | 0.05% | 15.22% | ||||||||||||||||||||
NVIT Multi-Manager Large Cap Value Fund - Class I (NVMLV1) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 4,891 | 9.861595 | 48,233 | 1.14% | -6.06% | ||||||||||||||||||||
2010 |
0.25% | 4,547 | 10.498264 | 47,736 | 0.48% | 4.98% | 4/30/2010 | |||||||||||||||||||
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 678 | 9.607082 | 6,514 | 0.00% | -4.47% | ||||||||||||||||||||
2010 |
0.25% | 2,326 | 10.056395 | 23,391 | 0.00% | 26.50% | ||||||||||||||||||||
2009 |
0.25% | 2,520 | 7.949631 | 20,033 | 0.00% | 26.80% | ||||||||||||||||||||
NVIT Multi-Manager Small Cap Growth Fund - Class I (SCGF) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 14,809 | 15.717643 | 232,763 | 0.00% | -0.90% | ||||||||||||||||||||
2010 |
0.25% | 15,458 | 15.859701 | 245,159 | 0.00% | 25.13% | ||||||||||||||||||||
2009 |
0.25% | 17,800 | 12.674135 | 225,600 | 0.00% | 27.14% | ||||||||||||||||||||
2008 |
0.25% | 27,020 | 9.968426 | 269,347 | 0.00% | -46.55% | ||||||||||||||||||||
2007 |
0.25% | 46,678 | 18.651020 | 870,592 | 0.00% | 9.47% | ||||||||||||||||||||
2007 |
0.40% | 116 | 18.410147 | 2,136 | 0.00% | 9.31% | ||||||||||||||||||||
NVIT Multi-Manager Small Cap Value Fund - Class I (SCVF) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 11,349 | 23.539764 | 267,153 | 0.23% | -5.31% | ||||||||||||||||||||
2010 |
0.25% | 146,751 | 24.858931 | 3,648,073 | 0.59% | 26.29% | ||||||||||||||||||||
2009 |
0.25% | 163,056 | 19.684295 | 3,209,642 | 0.49% | 25.90% | ||||||||||||||||||||
2008 |
0.25% | 180,386 | 15.634824 | 2,820,303 | 1.09% | -32.32% | ||||||||||||||||||||
2007 |
0.25% | 225,632 | 23.101501 | 5,212,438 | 1.13% | -7.13% | ||||||||||||||||||||
2007 |
0.40% | 236 | 22.768858 | 5,373 | 1.13% | -7.27% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||
NVIT Multi-Manager Small Company Fund - Class I (SCF) |
|
|||||||||||||||||||||||
2011 |
0.20% | 83 | $ | 17.004023 | $ | 1,411 | 0.54% | -5.75% | ||||||||||||||||
2011 |
0.25% | 75,820 | 22.565446 | 1,710,912 | 0.54% | -5.79% | ||||||||||||||||||
2010 |
0.20% | 23 | 18.040808 | 415 | 0.29% | 25.07% | ||||||||||||||||||
2010 |
0.25% | 97,673 | 23.953296 | 2,339,590 | 0.29% | 25.01% | ||||||||||||||||||
2009 |
0.25% | 111,831 | 19.161684 | 2,142,870 | 0.27% | 34.37% | ||||||||||||||||||
2009 |
0.40% | 5 | 18.829123 | 94 | 0.27% | 34.16% | ||||||||||||||||||
2008 |
0.25% | 171,052 | 14.260832 | 2,439,344 | 0.82% | -38.34% | ||||||||||||||||||
2008 |
0.40% | 31 | 14.034369 | 435 | 0.82% | -38.44% | ||||||||||||||||||
2007 |
0.25% | 289,916 | 23.129248 | 6,705,539 | 0.09% | 1.88% | ||||||||||||||||||
2007 |
0.40% | 1,382 | 22.796223 | 31,504 | 0.09% | 1.72% | ||||||||||||||||||
NVIT Multi-Sector Bond Fund - Class I (MSBF) |
|
|||||||||||||||||||||||
2011 |
0.25% | 2,326 | 18.651135 | 43,383 | 3.46% | 5.28% | ||||||||||||||||||
2010 |
0.25% | 38,663 | 17.714993 | 684,915 | 6.05% | 10.31% | ||||||||||||||||||
2009 |
0.25% | 50,310 | 16.059107 | 807,934 | 9.85% | 24.07% | ||||||||||||||||||
2008 |
0.25% | 52,365 | 12.943737 | 677,799 | 5.75% | -17.50% | ||||||||||||||||||
2007 |
0.25% | 142,194 | 15.688937 | 2,230,873 | 3.89% | 4.36% | ||||||||||||||||||
Van Kampen NVIT Comstock Value Fund - Class I (EIF) |
|
|||||||||||||||||||||||
2011 |
0.25% | 1,531 | 11.933646 | 18,270 | 1.19% | -2.57% | ||||||||||||||||||
2010 |
0.25% | 4,655 | 12.248218 | 57,015 | 1.51% | 15.48% | ||||||||||||||||||
2009 |
0.25% | 5,260 | 10.606083 | 55,788 | 1.19% | 28.23% | ||||||||||||||||||
2008 |
0.25% | 7,188 | 8.271285 | 59,454 | 2.02% | -37.15% | ||||||||||||||||||
2007 |
0.25% | 29,682 | 13.159897 | 390,612 | 2.07% | -2.46% | ||||||||||||||||||
VPS Growth and Income Portfolio - Class A (ALVGIA) |
|
|||||||||||||||||||||||
2011 |
0.20% | 51 | 16.210964 | 827 | 1.11% | 6.10% | ||||||||||||||||||
2011 |
0.25% | 2,633 | 16.135567 | 42,485 | 1.11% | 6.05% | ||||||||||||||||||
2010 |
0.20% | 13 | 15.278240 | 199 | 0.00% | 12.87% | ||||||||||||||||||
2010 |
0.25% | 1,955 | 15.214771 | 29,745 | 0.00% | 12.81% | ||||||||||||||||||
2009 |
0.25% | 1,961 | 13.487083 | 26,448 | 3.19% | 20.52% | ||||||||||||||||||
2009 |
0.40% | 3 | 13.339666 | 40 | 3.19% | 20.34% | ||||||||||||||||||
2008 |
0.25% | 4,857 | 11.190516 | 54,352 | 5.73% | -40.75% | ||||||||||||||||||
2008 |
0.40% | 60 | 11.084829 | 665 | 5.73% | -40.84% | ||||||||||||||||||
2007 |
0.25% | 3,674 | 18.887703 | 69,393 | 1.09% | 4.85% | ||||||||||||||||||
2007 |
0.40% | 200 | 18.737498 | 3,747 | 1.09% | 4.70% | ||||||||||||||||||
VPS International Value Portfolio - Class A (ALVIVA) |
|
|||||||||||||||||||||||
2011 |
0.20% | 65,987 | 6.320359 | 417,062 | 3.99% | -19.41% | ||||||||||||||||||
2011 |
0.25% | 42,792 | 6.302451 | 269,694 | 3.99% | -19.45% | ||||||||||||||||||
2010 |
0.25% | 123,777 | 7.824523 | 968,496 | 1.62% | 4.33% | ||||||||||||||||||
2009 |
0.20% | 616,550 | 7.513480 | 4,632,436 | 1.10% | 34.41% | ||||||||||||||||||
2009 |
0.25% | 118,246 | 7.499685 | 886,808 | 1.10% | 34.34% | ||||||||||||||||||
2008 |
0.20% | 642,526 | 5.589904 | 3,591,659 | 1.10% | -53.28% | ||||||||||||||||||
2008 |
0.25% | 416,942 | 5.582435 | 2,327,552 | 1.10% | -53.30% | ||||||||||||||||||
2007 |
0.20% | 708,552 | 11.964050 | 8,477,152 | 0.23% | 5.63% | ||||||||||||||||||
2007 |
0.25% | 283,142 | 11.954073 | 3,384,700 | 0.23% | 5.57% | ||||||||||||||||||
2007 |
0.40% | 322 | 11.924192 | 3,840 | 0.23% | 5.42% | ||||||||||||||||||
VP Balanced Fund - Class I (ACVB) |
|
|||||||||||||||||||||||
2011 |
0.25% | 17,669 | 14.778814 | 261,127 | 1.90% | 5.07% | ||||||||||||||||||
2010 |
0.25% | 18,479 | 14.065755 | 259,921 | 1.90% | 11.36% | ||||||||||||||||||
2009 |
0.25% | 19,328 | 12.631253 | 244,137 | 5.71% | 15.19% | ||||||||||||||||||
2008 |
0.25% | 19,854 | 10.965207 | 217,703 | 0.00% | -20.53% | ||||||||||||||||||
VP Capital Appreciation Fund - Class I (ACVCA) |
|
|||||||||||||||||||||||
2011 |
0.25% | 18,298 | 21.745340 | 397,896 | 0.00% | -6.74% | ||||||||||||||||||
2010 |
0.25% | 19,302 | 23.316749 | 450,060 | 0.00% | 30.96% | ||||||||||||||||||
2009 |
0.25% | 21,242 | 17.804024 | 378,193 | 0.92% | 36.73% | ||||||||||||||||||
2008 |
0.25% | 23,619 | 13.021193 | 307,548 | 0.00% | -46.32% | ||||||||||||||||||
2007 |
0.25% | 92,114 | 24.256151 | 2,234,331 | 0.00% | 45.44% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||
VP Income & Growth Fund - Class I (ACVIG) |
|
|||||||||||||||||||||||
2011 |
0.25% | 33,414 | $ | 13.385322 | $ | 447,257 | 1.53% | 2.85% | ||||||||||||||||
2010 |
0.25% | 35,261 | 13.013791 | 458,879 | 1.52% | 13.86% | ||||||||||||||||||
2009 |
0.25% | 37,991 | 11.429510 | 434,219 | 4.80% | 17.80% | ||||||||||||||||||
2008 |
0.25% | 48,311 | 9.702293 | 468,727 | 2.24% | -34.75% | ||||||||||||||||||
2007 |
0.25% | 125,202 | 14.869331 | 1,861,670 | 1.36% | -0.32% | ||||||||||||||||||
VP International Fund - Class I (ACVI) |
|
|||||||||||||||||||||||
2011 |
0.25% | 76,433 | 12.813741 | 979,393 | 1.44% | -12.26% | ||||||||||||||||||
2010 |
0.25% | 89,078 | 14.604343 | 1,300,926 | 2.52% | 13.01% | ||||||||||||||||||
2009 |
0.25% | 119,188 | 12.923118 | 1,540,281 | 2.22% | 33.43% | ||||||||||||||||||
2008 |
0.25% | 157,354 | 9.685258 | 1,524,014 | 0.88% | -44.96% | ||||||||||||||||||
2008 |
0.40% | 8 | 9.531494 | 76 | 0.88% | -45.04% | ||||||||||||||||||
2007 |
0.25% | 230,188 | 17.597111 | 4,050,644 | 0.59% | 17.76% | ||||||||||||||||||
2007 |
0.40% | 112 | 17.343787 | 1,943 | 0.59% | 17.58% | ||||||||||||||||||
VP Mid Cap Value Fund - Class I (ACVMV1) |
|
|||||||||||||||||||||||
2011 |
0.25% | 26,309 | 10.528412 | 276,992 | 0.40% | -0.94% | ||||||||||||||||||
VP Ultra(R) Fund - Class I (ACVU1) |
|
|||||||||||||||||||||||
2011 |
0.20% | 23 | 12.033779 | 277 | 0.00% | 0.86% | ||||||||||||||||||
2011 |
0.25% | 3,112 | 11.975768 | 37,269 | 0.00% | 0.81% | ||||||||||||||||||
2010 |
0.20% | 4 | 11.930621 | 48 | 0.61% | 15.85% | ||||||||||||||||||
2010 |
0.25% | 3,097 | 11.879037 | 36,789 | 0.61% | 15.79% | ||||||||||||||||||
2009 |
0.25% | 13,824 | 10.258719 | 141,817 | 0.37% | 34.14% | ||||||||||||||||||
2009 |
0.40% | 1 | 10.141367 | 10 | 0.37% | 33.94% | ||||||||||||||||||
2008 |
0.25% | 28,954 | 7.647567 | 221,428 | 0.00% | -41.63% | ||||||||||||||||||
2007 |
0.25% | 25,856 | 13.101110 | 338,742 | 0.00% | 20.71% | ||||||||||||||||||
2007 |
0.40% | 10 | 12.990210 | 130 | 0.00% | 20.53% | ||||||||||||||||||
VP Value Fund - Class I (ACVV) |
|
|||||||||||||||||||||||
2011 |
0.25% | 39,691 | 18.386879 | 729,794 | 2.02% | 0.76% | ||||||||||||||||||
2010 |
0.25% | 48,529 | 18.247676 | 885,541 | 2.20% | 13.14% | ||||||||||||||||||
2009 |
0.25% | 57,418 | 16.128480 | 926,065 | 5.97% | 19.56% | ||||||||||||||||||
2008 |
0.25% | 40,598 | 13.489390 | 547,642 | 3.61% | -26.96% | ||||||||||||||||||
2007 |
0.25% | 103,354 | 18.468246 | 1,908,767 | 1.56% | -5.38% | ||||||||||||||||||
VP Vista(SM) Fund - Class I (ACVVS1) |
|
|||||||||||||||||||||||
2011 |
0.25% | 3,534 | 12.332624 | 43,583 | 0.00% | -8.12% | ||||||||||||||||||
2010 |
0.25% | 3,686 | 13.423172 | 49,478 | 0.00% | 23.57% | ||||||||||||||||||
2009 |
0.25% | 3,192 | 10.862560 | 34,673 | 0.00% | 22.16% | ||||||||||||||||||
2008 |
0.25% | 3,225 | 8.891784 | 28,676 | 0.00% | -48.75% | ||||||||||||||||||
2007 |
0.25% | 64 | 17.350253 | 1,110 | 0.00% | 39.42% | ||||||||||||||||||
MidCap Stock Portfolio - Initial Shares (DVMCS) |
|
|||||||||||||||||||||||
2011 |
0.25% | 1,020 | 18.082797 | 18,444 | 0.49% | 0.14% | ||||||||||||||||||
2010 |
0.25% | 1,006 | 18.056676 | 18,165 | 0.55% | 26.78% | ||||||||||||||||||
2009 |
0.25% | 3,955 | 14.242624 | 56,330 | 2.13% | 35.17% | ||||||||||||||||||
2008 |
0.25% | 4,948 | 10.536775 | 52,136 | 0.00% | -40.57% | ||||||||||||||||||
Small Cap Stock Index Portfolio - Service Shares (DVSCS) |
|
|||||||||||||||||||||||
2011 |
0.20% | 311,524 | 16.841422 | 5,246,507 | 0.63% | 0.36% | ||||||||||||||||||
2011 |
0.25% | 1,371 | 16.760220 | 22,978 | 0.63% | 0.31% | ||||||||||||||||||
2010 |
0.20% | 355,326 | 16.780615 | 5,962,589 | 0.59% | 25.58% | ||||||||||||||||||
2010 |
0.25% | 1,503 | 16.708035 | 25,112 | 0.59% | 25.51% | ||||||||||||||||||
2009 |
0.20% | 363,020 | 13.363002 | 4,851,037 | 2.36% | 24.78% | ||||||||||||||||||
2009 |
0.25% | 2,197 | 13.311853 | 29,246 | 2.36% | 24.71% | ||||||||||||||||||
2008 |
0.20% | 349,825 | 10.709488 | 3,746,447 | 0.80% | -31.05% | ||||||||||||||||||
2008 |
0.25% | 16,375 | 10.673834 | 174,784 | 0.80% | -31.09% | ||||||||||||||||||
2007 |
0.20% | 439,296 | 15.532546 | 6,823,385 | 0.27% | -0.85% | ||||||||||||||||||
2007 |
0.25% | 23,004 | 15.488598 | 356,300 | 0.27% | -0.90% | ||||||||||||||||||
2007 |
0.40% | 48 | 15.357469 | 737 | 0.27% | -1.05% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
Appreciation Portfolio - Initial Shares (DCAP) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 221 | $ | 13.851795 | $ | 3,061 | 1.59% | 8.79% | ||||||||||||||||||
2011 |
0.25% | 31,699 | 16.078450 | 509,671 | 1.59% | 8.74% | ||||||||||||||||||||
2010 |
0.20% | 59 | 12.732094 | 751 | 2.05% | 15.09% | ||||||||||||||||||||
2010 |
0.25% | 29,571 | 14.786142 | 437,241 | 2.05% | 15.03% | ||||||||||||||||||||
2009 |
0.25% | 27,278 | 12.854271 | 350,639 | 2.28% | 22.25% | ||||||||||||||||||||
2009 |
0.40% | 9 | 12.631233 | 114 | 2.28% | 22.07% | ||||||||||||||||||||
2008 |
0.25% | 64,205 | 10.514504 | 675,084 | 2.20% | -29.73% | ||||||||||||||||||||
2008 |
0.40% | 30 | 10.347582 | 310 | 2.20% | -29.83% | ||||||||||||||||||||
2007 |
0.25% | 83,176 | 14.962371 | 1,244,510 | 1.10% | 6.86% | ||||||||||||||||||||
2007 |
0.40% | 460 | 14.746966 | 6,784 | 1.10% | 6.70% | ||||||||||||||||||||
Growth and Income Portfolio - Initial Shares (DGI) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 13,415 | 10.790773 | 144,758 | 1.25% | -3.04% | ||||||||||||||||||||
2010 |
0.25% | 14,052 | 11.128665 | 156,380 | 1.23% | 18.31% | ||||||||||||||||||||
2009 |
0.25% | 14,547 | 9.406322 | 136,834 | 1.38% | 28.46% | ||||||||||||||||||||
2008 |
0.25% | 15,012 | 7.322121 | 109,920 | 0.51% | -40.56% | ||||||||||||||||||||
International Value Portfolio - Initial Shares (DVIV) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 21,062 | 15.073543 | 317,479 | 2.32% | -18.68% | ||||||||||||||||||||
2010 |
0.25% | 47,861 | 18.536839 | 887,192 | 1.88% | 4.19% | ||||||||||||||||||||
2009 |
0.25% | 56,561 | 17.790702 | 1,006,260 | 4.31% | 30.65% | ||||||||||||||||||||
2008 |
0.25% | 69,377 | 13.617429 | 944,736 | 3.05% | -37.48% | ||||||||||||||||||||
2007 |
0.25% | 100,470 | 21.780049 | 2,188,242 | 2.01% | 3.89% | ||||||||||||||||||||
Quality Bond Fund II - Primary Shares (FQB) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 14,557 | 18.626322 | 271,143 | 6.00% | 2.02% | ||||||||||||||||||||
2010 |
0.25% | 27,472 | 18.257953 | 501,582 | 4.56% | 8.23% | ||||||||||||||||||||
2009 |
0.25% | 25,113 | 16.869071 | 423,633 | 1.73% | 20.13% | ||||||||||||||||||||
2008 |
0.25% | 38,637 | 14.041907 | 542,537 | 4.99% | -7.52% | ||||||||||||||||||||
2007 |
0.25% | 36,422 | 15.183610 | 553,017 | 4.69% | 5.12% | ||||||||||||||||||||
Equity-Income Portfolio - Initial Class (FEIP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 3,384 | 12.669334 | 42,873 | 2.66% | 0.72% | ||||||||||||||||||||
2010 |
0.25% | 3,291 | 12.578769 | 41,397 | 1.95% | 14.86% | ||||||||||||||||||||
2009 |
0.25% | 2,785 | 10.951232 | 30,499 | 2.44% | 29.88% | ||||||||||||||||||||
2008 |
0.25% | 2,879 | 8.431569 | 24,274 | 2.34% | -42.80% | ||||||||||||||||||||
High Income Portfolio - Initial Class (FHIP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 2,722 | 18.626329 | 50,701 | 7.24% | 3.77% | ||||||||||||||||||||
2010 |
0.25% | 2,594 | 17.949315 | 46,561 | 8.03% | 13.54% | ||||||||||||||||||||
2009 |
0.25% | 2,115 | 15.808925 | 33,436 | 8.93% | 43.60% | ||||||||||||||||||||
2008 |
0.25% | 1,726 | 11.009158 | 19,002 | 9.57% | -25.17% | ||||||||||||||||||||
VIP Fund - Asset Manager Portfolio - Initial Class (FAMP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 238,337 | 14.244553 | 3,395,004 | 1.88% | -2.80% | ||||||||||||||||||||
2010 |
0.25% | 306,766 | 14.655393 | 4,495,776 | 1.74% | 13.98% | ||||||||||||||||||||
2009 |
0.25% | 302,181 | 12.857966 | 3,885,433 | 2.33% | 28.79% | ||||||||||||||||||||
2008 |
0.25% | 339,211 | 9.983663 | 3,386,568 | 2.64% | -28.90% | ||||||||||||||||||||
2007 |
0.25% | 352,600 | 14.040973 | 4,950,847 | 6.14% | 15.21% | ||||||||||||||||||||
VIP Fund - Contrafund Portfolio - Initial Class (FCP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 9,281 | 16.241386 | 150,736 | 1.08% | -2.77% | ||||||||||||||||||||
2010 |
0.25% | 8,752 | 16.703813 | 146,192 | 1.28% | 16.92% | ||||||||||||||||||||
2009 |
0.25% | 7,816 | 14.286022 | 111,660 | 1.45% | 35.37% | ||||||||||||||||||||
2008 |
0.25% | 7,839 | 10.553240 | 82,727 | 1.06% | -42.66% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
VIP Fund - Contrafund Portfolio - Service Class (FCS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 47,973 | $ | 17.120921 | $ | 821,342 | 0.67% | -2.83% | ||||||||||||||||||
2011 |
0.25% | 54,122 | 20.336584 | 1,100,657 | 0.67% | -2.88% | ||||||||||||||||||||
2010 |
0.20% | 19 | 17.619725 | 335 | 1.08% | 16.87% | ||||||||||||||||||||
2010 |
0.25% | 121,638 | 20.939519 | 2,547,041 | 1.08% | 16.82% | ||||||||||||||||||||
2009 |
0.25% | 128,992 | 17.925263 | 2,312,216 | 1.20% | 35.33% | ||||||||||||||||||||
2009 |
0.40% | 7 | 17.614183 | 123 | 1.20% | 35.12% | ||||||||||||||||||||
2008 |
0.25% | 187,452 | 13.245967 | 2,482,983 | 0.83% | -42.76% | ||||||||||||||||||||
2008 |
0.40% | 91 | 13.035628 | 1,186 | 0.83% | -42.84% | ||||||||||||||||||||
2007 |
0.25% | 338,604 | 23.139773 | 7,835,220 | 0.74% | 17.21% | ||||||||||||||||||||
2007 |
0.40% | 1,726 | 22.806621 | 39,364 | 0.74% | 17.04% | ||||||||||||||||||||
VIP Fund - Equity-Income Portfolio - Service Class (FEIS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 24,684 | 14.059555 | 347,046 | 2.38% | 0.61% | ||||||||||||||||||||
2010 |
0.25% | 29,780 | 13.974628 | 416,164 | 1.98% | 14.80% | ||||||||||||||||||||
2009 |
0.25% | 37,804 | 12.172977 | 460,187 | 1.56% | 29.71% | ||||||||||||||||||||
2008 |
0.25% | 126,104 | 9.384986 | 1,183,484 | 2.16% | -42.85% | ||||||||||||||||||||
2007 |
0.25% | 172,396 | 16.420855 | 2,830,890 | 0.77% | 1.16% | ||||||||||||||||||||
2007 |
0.40% | 362 | 16.184435 | 5,859 | 0.77% | 1.01% | ||||||||||||||||||||
VIP Fund - Growth Opportunities Portfolio - Initial Class (FGOP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,426 | 11.039438 | 15,742 | 0.17% | 2.04% | ||||||||||||||||||||
2010 |
0.25% | 1,384 | 10.818560 | 14,973 | 0.25% | 23.43% | ||||||||||||||||||||
2009 |
0.25% | 959 | 8.765173 | 8,406 | 0.48% | 45.49% | ||||||||||||||||||||
2008 |
0.25% | 1,208 | 6.024737 | 7,278 | 0.35% | -55.13% | ||||||||||||||||||||
VIP Fund - Growth Opportunities Portfolio - Service Class (FGOS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 116,596 | 10.178749 | 1,186,801 | 0.05% | 1.93% | ||||||||||||||||||||
2010 |
0.25% | 96,266 | 9.986456 | 961,356 | 0.10% | 23.34% | ||||||||||||||||||||
2009 |
0.25% | 104,534 | 8.096367 | 846,346 | 0.39% | 45.36% | ||||||||||||||||||||
2008 |
0.25% | 111,197 | 5.570057 | 619,374 | 0.34% | -55.17% | ||||||||||||||||||||
2007 |
0.25% | 117,700 | 12.425418 | 1,462,472 | 0.00% | 22.73% | ||||||||||||||||||||
VIP Fund - Growth Portfolio - Initial Class (FGP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 5,137 | 9.709124 | 49,876 | 0.38% | -0.05% | ||||||||||||||||||||
2010 |
0.25% | 5,152 | 9.713714 | 50,045 | 0.27% | 23.86% | ||||||||||||||||||||
2009 |
0.25% | 9,771 | 7.842315 | 76,627 | 0.46% | 27.97% | ||||||||||||||||||||
2008 |
0.25% | 10,255 | 6.128418 | 62,847 | 1.06% | -47.30% | ||||||||||||||||||||
2007 |
0.25% | 6,204 | 11.628670 | 72,144 | 0.81% | 26.65% | ||||||||||||||||||||
VIP Fund - Growth Portfolio - Service Class (FGS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 296 | 10.228245 | 3,028 | 0.24% | -0.06% | ||||||||||||||||||||
2011 |
0.25% | 46,640 | 13.492068 | 629,270 | 0.24% | -0.11% | ||||||||||||||||||||
2010 |
0.20% | 79 | 10.234229 | 809 | 0.16% | 23.81% | ||||||||||||||||||||
2010 |
0.25% | 55,618 | 13.506697 | 751,215 | 0.16% | 23.75% | ||||||||||||||||||||
2009 |
0.25% | 70,607 | 10.914824 | 770,663 | 0.27% | 27.83% | ||||||||||||||||||||
2009 |
0.40% | 15 | 10.725399 | 161 | 0.27% | 27.64% | ||||||||||||||||||||
2008 |
0.25% | 112,901 | 8.538686 | 964,026 | 0.22% | -47.37% | ||||||||||||||||||||
2008 |
0.40% | 64 | 8.403086 | 538 | 0.22% | -47.44% | ||||||||||||||||||||
2007 |
0.25% | 1,137,072 | 16.222520 | 18,446,173 | 0.33% | 26.55% | ||||||||||||||||||||
2007 |
0.40% | 184 | 15.988944 | 2,942 | 0.33% | 26.36% | ||||||||||||||||||||
VIP Fund - High Income Portfolio - Service Class (FHIS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 5,829 | 13.802358 | 80,454 | 2.08% | 3.67% | ||||||||||||||||||||
2010 |
0.25% | 121,792 | 13.314203 | 1,621,563 | 20.72% | 13.50% | ||||||||||||||||||||
2009 |
0.25% | 22,244 | 11.730220 | 260,927 | 12.21% | 43.41% | ||||||||||||||||||||
2008 |
0.25% | 32,098 | 8.179245 | 262,537 | 8.70% | -25.25% | ||||||||||||||||||||
2007 |
0.25% | 145,638 | 10.942182 | 1,593,598 | 7.62% | 2.40% | ||||||||||||||||||||
VIP Fund - Investment Grade Bond Portfolio - Service Class (FIGBS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 3,082 | 13.995522 | 43,134 | 3.53% | 6.94% | ||||||||||||||||||||
2010 |
0.25% | 2,978 | 13.087122 | 38,973 | 5.27% | 7.41% | ||||||||||||||||||||
2009 |
0.25% | 4,113 | 12.184238 | 50,114 | 8.40% | 15.38% | ||||||||||||||||||||
2008 |
0.25% | 6,382 | 10.559688 | 67,392 | 3.49% | -3.59% | ||||||||||||||||||||
2007 |
0.25% | 4,884 | 10.952518 | 53,492 | 4.13% | 3.95% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
VIP Fund - Mid Cap Portfolio - Service Class (FMCS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 31,565 | $ | 15.148830 | $ | 478,173 | 0.18% | -10.89% | ||||||||||||||||||
2011 |
0.25% | 56,899 | 15.098460 | 859,087 | 0.18% | -10.94% | ||||||||||||||||||||
2010 |
0.25% | 71,093 | 16.952922 | 1,205,234 | 0.31% | 28.38% | ||||||||||||||||||||
2009 |
0.25% | 63,431 | 13.205147 | 837,616 | 0.62% | 39.67% | ||||||||||||||||||||
2008 |
0.25% | 48,480 | 9.454867 | 458,372 | 0.29% | -39.66% | ||||||||||||||||||||
2007 |
0.25% | 117,550 | 15.669099 | 1,841,903 | 0.70% | 15.20% | ||||||||||||||||||||
VIP Fund - Overseas Portfolio - Initial Class (FOP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 2,213 | 10.993482 | 24,329 | 1.44% | -17.37% | ||||||||||||||||||||
2010 |
0.25% | 2,281 | 13.304487 | 30,348 | 1.43% | 12.83% | ||||||||||||||||||||
2009 |
0.25% | 1,927 | 11.791429 | 22,722 | 2.33% | 26.21% | ||||||||||||||||||||
2008 |
0.25% | 1,918 | 9.342405 | 17,919 | 2.68% | -43.95% | ||||||||||||||||||||
VIP Fund - Overseas Portfolio - Service Class (FOS) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 125 | 11.670540 | 1,459 | 1.02% | -17.39% | ||||||||||||||||||||
2011 |
0.25% | 11,702 | 11.808142 | 138,179 | 1.02% | -17.43% | ||||||||||||||||||||
2010 |
0.20% | 39 | 14.127649 | 551 | 1.18% | 12.77% | ||||||||||||||||||||
2010 |
0.25% | 17,830 | 14.301363 | 254,993 | 1.18% | 12.71% | ||||||||||||||||||||
2009 |
0.25% | 30,392 | 12.688674 | 385,634 | 1.64% | 26.12% | ||||||||||||||||||||
2009 |
0.40% | 7 | 12.468464 | 87 | 1.64% | 25.93% | ||||||||||||||||||||
2008 |
0.25% | 95,011 | 10.060565 | 955,864 | 1.99% | -44.00% | ||||||||||||||||||||
2008 |
0.40% | 91 | 9.900810 | 901 | 1.99% | -44.09% | ||||||||||||||||||||
2007 |
0.25% | 268,890 | 17.966865 | 4,831,110 | 3.95% | 16.91% | ||||||||||||||||||||
2007 |
0.40% | 2,418 | 17.708202 | 42,818 | 3.95% | 16.74% | ||||||||||||||||||||
VIP Fund - Value Strategies Portfolio - Service Class (FVSS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,256 | 14.695999 | 18,458 | 0.96% | -9.07% | ||||||||||||||||||||
2010 |
0.25% | 1,176 | 16.162748 | 19,007 | 0.51% | 26.14% | ||||||||||||||||||||
2009 |
0.25% | 1,063 | 12.813506 | 13,621 | 0.51% | 57.00% | ||||||||||||||||||||
2008 |
0.25% | 1,036 | 8.161269 | 8,455 | 1.27% | -51.30% | ||||||||||||||||||||
2007 |
0.25% | 66 | 16.757189 | 1,106 | 0.96% | 5.33% | ||||||||||||||||||||
Franklin Small Cap Value Securities Fund - Class 2 (FTVSV2) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 15,806 | 13.679206 | 216,214 | 0.77% | -3.95% | ||||||||||||||||||||
2011 |
0.25% | 241,525 | 13.633645 | 3,292,866 | 0.77% | -4.00% | ||||||||||||||||||||
2010 |
0.25% | 42,559 | 14.201682 | 604,409 | 0.67% | 27.90% | ||||||||||||||||||||
2009 |
0.25% | 32,968 | 11.103596 | 366,063 | 1.83% | 28.83% | ||||||||||||||||||||
2008 |
0.25% | 35,891 | 8.618488 | 309,326 | 0.63% | -33.18% | ||||||||||||||||||||
2007 |
0.25% | 19,156 | 12.898779 | 247,089 | 0.61% | -2.62% | ||||||||||||||||||||
Templeton Foreign Securities Fund - Class 2 (TIF2) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 90 | 17.842000 | 1,606 | 1.57% | -10.81% | ||||||||||||||||||||
2011 |
0.25% | 8,874 | 17.759014 | 157,593 | 1.57% | -10.86% | ||||||||||||||||||||
2010 |
0.20% | 29 | 20.004971 | 580 | 1.84% | 8.19% | ||||||||||||||||||||
2010 |
0.25% | 7,694 | 19.921879 | 153,279 | 1.84% | 8.14% | ||||||||||||||||||||
2009 |
0.25% | 6,164 | 18.423035 | 113,560 | 3.48% | 36.70% | ||||||||||||||||||||
2009 |
0.40% | 4 | 18.221708 | 73 | 3.48% | 36.50% | ||||||||||||||||||||
2008 |
0.25% | 7,294 | 13.476974 | 98,301 | 2.49% | -40.53% | ||||||||||||||||||||
2008 |
0.40% | 56 | 13.349706 | 748 | 2.49% | -40.62% | ||||||||||||||||||||
2007 |
0.25% | 25,366 | 22.660573 | 574,808 | 3.29% | 15.17% | ||||||||||||||||||||
2007 |
0.40% | 326 | 22.480343 | 7,329 | 3.29% | 14.99% | ||||||||||||||||||||
Templeton Global Bond Securities Fund - Class 2 (FTVGI2) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 42,354 | 14.416178 | 610,583 | 0.00% | -1.12% | ||||||||||||||||||||
Goldman Sachs VIT - Goldman Sachs Mid Cap Value Fund - Institutional Shares (GVMCE) | ||||||||||||||||||||||||||
2011 |
0.25% | 67,330 | 20.719959 | 1,395,075 | 0.57% | -6.61% | ||||||||||||||||||||
2010 |
0.25% | 101,953 | 22.186180 | 2,261,948 | 0.65% | 24.69% | ||||||||||||||||||||
2009 |
0.25% | 125,459 | 17.793307 | 2,232,331 | 1.79% | 32.82% | ||||||||||||||||||||
2008 |
0.25% | 152,977 | 13.396598 | 2,049,371 | 1.05% | -37.21% | ||||||||||||||||||||
2007 |
0.25% | 169,352 | 21.334874 | 3,613,104 | 0.78% | 2.94% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
Lincoln VIP Trust - Baron Growth Opportunities Funds - Service Class (BNCAI) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 80 | $ | 21.272621 | $ | 1,702 | 0.00% | 3.82% | ||||||||||||||||||
2011 |
0.25% | 9,869 | 21.173648 | 208,963 | 0.00% | 3.76% | ||||||||||||||||||||
2010 |
0.20% | 14 | 20.490617 | 287 | 0.00% | 26.13% | ||||||||||||||||||||
2010 |
0.25% | 13,613 | 20.405470 | 277,780 | 0.00% | 26.07% | ||||||||||||||||||||
2009 |
0.25% | 24,993 | 16.186105 | 404,539 | 0.00% | 37.98% | ||||||||||||||||||||
2009 |
0.40% | 9 | 16.009192 | 144 | 0.00% | 37.77% | ||||||||||||||||||||
2008 |
0.25% | 76,333 | 11.730770 | 895,445 | 0.00% | -39.29% | ||||||||||||||||||||
2008 |
0.40% | 77 | 11.619973 | 895 | 0.00% | -39.38% | ||||||||||||||||||||
2007 |
0.25% | 106,480 | 19.321952 | 2,057,401 | 0.00% | 3.16% | ||||||||||||||||||||
2007 |
0.40% | 288 | 19.168269 | 5,520 | 0.00% | 3.01% | ||||||||||||||||||||
Advisers Management Trust - Short Duration Bond Portfolio - I Class Shares (AMTB) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 6,903 | 13.142399 | 90,722 | 3.98% | 0.04% | ||||||||||||||||||||
2010 |
0.25% | 7,165 | 13.137264 | 94,128 | 5.22% | 5.02% | ||||||||||||||||||||
2009 |
0.25% | 7,568 | 12.509050 | 94,668 | 7.33% | 13.04% | ||||||||||||||||||||
2008 |
0.25% | 8,537 | 11.065682 | 94,468 | 4.36% | -13.64% | ||||||||||||||||||||
Growth Portfolio - I Class Shares (AMTG) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 16,821 | 11.972262 | 201,385 | 0.00% | -0.46% | ||||||||||||||||||||
2010 |
0.25% | 17,823 | 12.028020 | 214,375 | 0.00% | 31.01% | ||||||||||||||||||||
2009 |
0.25% | 18,553 | 9.181242 | 170,340 | 0.00% | 30.03% | ||||||||||||||||||||
2008 |
0.25% | 22,768 | 7.060685 | 160,758 | 0.00% | -43.82% | ||||||||||||||||||||
Guardian Portfolio - I Class Shares (AMGP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 5,520 | 14.426236 | 79,633 | 0.51% | -3.18% | ||||||||||||||||||||
2010 |
0.25% | 4,952 | 14.900336 | 73,786 | 0.34% | 18.72% | ||||||||||||||||||||
2009 |
0.25% | 8,551 | 12.551274 | 107,326 | 0.76% | 29.36% | ||||||||||||||||||||
2008 |
0.25% | 20,227 | 9.702253 | 196,247 | 0.56% | -37.40% | ||||||||||||||||||||
2007 |
0.25% | 24,678 | 15.499279 | 382,491 | 0.19% | 7.12% | ||||||||||||||||||||
Mid-Cap Growth Portfolio - I Class Shares (AMCG) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,814 | 19.104154 | 34,655 | 0.00% | 0.22% | ||||||||||||||||||||
2010 |
0.25% | 8,832 | 19.061513 | 168,351 | 0.00% | 28.77% | ||||||||||||||||||||
2009 |
0.25% | 17,388 | 14.802282 | 257,382 | 0.00% | 31.27% | ||||||||||||||||||||
2008 |
0.25% | 41,787 | 11.276213 | 471,199 | 0.00% | -43.51% | ||||||||||||||||||||
2007 |
0.25% | 83,106 | 19.961533 | 1,658,923 | 0.00% | 22.22% | ||||||||||||||||||||
Partners Portfolio - I Class Shares (AMTP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 24,296 | 12.790357 | 310,755 | 0.00% | -11.58% | ||||||||||||||||||||
2010 |
0.25% | 27,682 | 14.465228 | 400,426 | 0.54% | 15.38% | ||||||||||||||||||||
2009 |
0.25% | 41,218 | 12.537337 | 516,764 | 2.17% | 55.68% | ||||||||||||||||||||
2008 |
0.25% | 67,495 | 8.053019 | 543,539 | 0.53% | -52.51% | ||||||||||||||||||||
2007 |
0.25% | 94,644 | 16.957944 | 1,604,968 | 0.63% | 9.06% | ||||||||||||||||||||
Small-Cap Growth Portfolio - S Class Shares (AMFAS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 314 | 13.176815 | 4,138 | 0.00% | -1.31% | ||||||||||||||||||||
2010 |
0.25% | 599 | 13.351308 | 7,997 | 0.00% | 19.31% | ||||||||||||||||||||
2009 |
0.25% | 454 | 11.190284 | 5,080 | 0.00% | 22.45% | ||||||||||||||||||||
2008 |
0.25% | 1,396 | 9.138805 | 12,758 | 0.00% | -39.62% | ||||||||||||||||||||
2008 |
0.40% | 2 | 9.052482 | 18 | 0.00% | -39.72% | ||||||||||||||||||||
2007 |
0.25% | 1,552 | 15.136586 | 23,492 | 0.00% | 0.26% | ||||||||||||||||||||
2007 |
0.40% | 84 | 15.016171 | 1,261 | 0.00% | 0.11% | ||||||||||||||||||||
Balanced Fund/VA - Non-Service Shares (OVMS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 26,839 | 11.596444 | 311,237 | 2.24% | 0.47% | ||||||||||||||||||||
2010 |
0.25% | 27,934 | 11.542336 | 322,424 | 1.38% | 12.63% | ||||||||||||||||||||
2009 |
0.25% | 29,268 | 10.247784 | 299,932 | 0.00% | 21.59% | ||||||||||||||||||||
2008 |
0.25% | 29,567 | 8.428205 | 249,197 | 3.70% | -43.61% | ||||||||||||||||||||
2007 |
0.25% | 63,874 | 14.946978 | 954,723 | 2.50% | 3.53% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
Capital Appreciation Fund/VA - Non-Service Shares (OVGR) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 45,765 | $ | 14.414807 | $ | 659,694 | 0.56% | -1.40% | ||||||||||||||||||
2010 |
0.25% | 138,075 | 14.618833 | 2,018,495 | 0.21% | 9.14% | ||||||||||||||||||||
2009 |
0.25% | 186,596 | 13.394109 | 2,499,287 | 0.37% | 44.16% | ||||||||||||||||||||
2008 |
0.25% | 264,810 | 9.291336 | 2,460,439 | 0.15% | -45.65% | ||||||||||||||||||||
2007 |
0.25% | 256,650 | 17.096620 | 4,387,848 | 0.20% | 13.86% | ||||||||||||||||||||
Core Bond Fund/VA - Non-Service Shares (OVB) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 25,148 | 11.614406 | 292,079 | 5.68% | 8.00% | ||||||||||||||||||||
2010 |
0.25% | 26,061 | 10.754380 | 280,270 | 1.81% | 11.14% | ||||||||||||||||||||
2009 |
0.25% | 27,417 | 9.676718 | 265,307 | 0.00% | 9.34% | ||||||||||||||||||||
2008 |
0.25% | 28,881 | 8.850218 | 255,603 | 6.02% | -39.20% | ||||||||||||||||||||
2007 |
0.25% | 72,602 | 14.556650 | 1,056,842 | 5.03% | 4.13% | ||||||||||||||||||||
Global Securities Fund/VA - Non-Service Shares (OVGS) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 101,503 | 13.838516 | 1,404,651 | 1.27% | -8.52% | ||||||||||||||||||||
2010 |
0.25% | 115,302 | 15.127070 | 1,744,181 | 1.76% | 15.68% | ||||||||||||||||||||
2009 |
0.25% | 167,720 | 13.077210 | 2,193,310 | 2.37% | 39.42% | ||||||||||||||||||||
2008 |
0.25% | 191,747 | 9.379518 | 1,798,494 | 1.42% | -40.34% | ||||||||||||||||||||
2007 |
0.25% | 155,098 | 15.720950 | 2,438,288 | 0.85% | 6.05% | ||||||||||||||||||||
Main Street Fund(R)/VA - Non-Service Shares (OVGI) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 10,556 | 11.351026 | 119,821 | 0.83% | -0.26% | ||||||||||||||||||||
2010 |
0.25% | 10,808 | 11.381017 | 123,006 | 1.10% | 15.82% | ||||||||||||||||||||
2009 |
0.25% | 11,200 | 9.826673 | 110,059 | 1.76% | 27.97% | ||||||||||||||||||||
2008 |
0.25% | 11,211 | 7.679167 | 86,091 | 2.39% | -38.62% | ||||||||||||||||||||
2007 |
0.25% | 12,692 | 12.511530 | 158,796 | 0.97% | 4.16% | ||||||||||||||||||||
Mid-Cap Growth Fund/VA - Non-Service Shares (OVAG) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 10,534 | 12.222308 | 128,750 | 0.00% | 0.84% | ||||||||||||||||||||
2010 |
0.25% | 27,008 | 12.120053 | 327,338 | 0.00% | 27.15% | ||||||||||||||||||||
2009 |
0.25% | 28,425 | 9.532345 | 270,957 | 0.00% | 32.28% | ||||||||||||||||||||
2008 |
0.25% | 46,886 | 7.206392 | 337,879 | 0.00% | -49.19% | ||||||||||||||||||||
2007 |
0.25% | 50,576 | 14.184053 | 717,373 | 0.00% | 6.07% | ||||||||||||||||||||
All Asset Portfolio - Administrative Class (PMVAAA) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 203,903 | 15.648744 | 3,190,826 | 12.33% | 1.70% | ||||||||||||||||||||
2010 |
0.25% | 2,149 | 15.387057 | 33,067 | 6.15% | 12.81% | ||||||||||||||||||||
2009 |
0.25% | 2,845 | 13.639951 | 38,806 | 6.80% | 21.27% | ||||||||||||||||||||
2008 |
0.25% | 2,717 | 11.247576 | 30,560 | 1.31% | -16.05% | ||||||||||||||||||||
2007 |
0.25% | 240,382 | 13.398414 | 3,220,738 | 7.61% | 8.06% | ||||||||||||||||||||
Foreign Bond Portfolio (Unhedged) - Administrative Class (PMVFBA) |
|
|||||||||||||||||||||||||
2010 |
0.25% | 36,057 | 12.014282 | 433,199 | 0.43% | 9.21% | ||||||||||||||||||||
Low Duration Portfolio - Administrative Class (PMVLDA) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 172 | 14.122982 | 2,429 | 1.68% | 0.91% | ||||||||||||||||||||
2011 |
0.25% | 94,955 | 14.057158 | 1,334,797 | 1.68% | 0.86% | ||||||||||||||||||||
2010 |
0.20% | 47 | 13.996078 | 658 | 1.56% | 5.08% | ||||||||||||||||||||
2010 |
0.25% | 97,738 | 13.937807 | 1,362,253 | 1.56% | 5.03% | ||||||||||||||||||||
2009 |
0.25% | 99,489 | 13.270656 | 1,320,284 | 3.19% | 13.03% | ||||||||||||||||||||
2009 |
0.40% | 7 | 13.125160 | 92 | 3.19% | 12.86% | ||||||||||||||||||||
2008 |
0.25% | 110,775 | 11.740354 | 1,300,538 | 4.25% | -0.70% | ||||||||||||||||||||
2008 |
0.40% | 12 | 11.629122 | 140 | 4.25% | -0.85% | ||||||||||||||||||||
2007 |
0.25% | 123,908 | 11.823104 | 1,464,977 | 4.70% | 7.10% | ||||||||||||||||||||
2007 |
0.40% | 130 | 11.728722 | 1,525 | 4.70% | 6.94% | ||||||||||||||||||||
Real Return Portfolio - Administrative Class (PMVRRA) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 287,234 | 18.153657 | 5,214,348 | 2.05% | 11.39% | ||||||||||||||||||||
2010 |
0.25% | 295,591 | 16.297330 | 4,817,344 | 1.44% | 7.84% | ||||||||||||||||||||
2009 |
0.25% | 306,080 | 15.112339 | 4,625,585 | 2.99% | 18.05% | ||||||||||||||||||||
2008 |
0.25% | 235,840 | 12.801575 | 3,019,123 | 3.76% | -7.26% | ||||||||||||||||||||
2007 |
0.25% | 373,918 | 13.803269 | 5,161,291 | 4.66% | 10.37% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
Total Return Portfolio - Administrative Class (PMVTRA) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 1,141,251 | $ | 17.303112 | $ | 19,747,194 | 2.63% | 3.40% | ||||||||||||||||||
2011 |
0.25% | 534,042 | 17.222369 | 9,197,468 | 2.63% | 3.35% | ||||||||||||||||||||
2010 |
0.20% | 681,770 | 16.734465 | 11,409,056 | 2.42% | 7.90% | ||||||||||||||||||||
2010 |
0.25% | 231,206 | 16.664698 | 3,852,978 | 2.42% | 7.84% | ||||||||||||||||||||
2009 |
0.20% | 638,498 | 15.509642 | 9,902,875 | 5.13% | 13.80% | ||||||||||||||||||||
2009 |
0.25% | 374,451 | 15.452727 | 5,786,289 | 5.13% | 13.74% | ||||||||||||||||||||
2009 |
0.40% | 10 | 15.283042 | 153 | 5.13% | 13.57% | ||||||||||||||||||||
2008 |
0.20% | 503,145 | 13.628820 | 6,857,273 | 4.49% | 4.54% | ||||||||||||||||||||
2008 |
0.25% | 381,025 | 13.585613 | 5,176,458 | 4.49% | 4.49% | ||||||||||||||||||||
2008 |
0.40% | 82 | 13.456667 | 1,103 | 4.49% | 4.33% | ||||||||||||||||||||
2007 |
0.20% | 476,190 | 13.037033 | 6,208,105 | 4.68% | 8.52% | ||||||||||||||||||||
2007 |
0.25% | 357,356 | 13.002214 | 4,646,419 | 4.68% | 8.47% | ||||||||||||||||||||
2007 |
0.40% | 2,020 | 12.898203 | 26,054 | 4.68% | 8.31% | ||||||||||||||||||||
Variable Contracts Trust - High Yield VCT Portfolio - Class I Shares (PIHYB1) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,537 | 20.490135 | 31,493 | 5.28% | -1.91% | ||||||||||||||||||||
2010 |
0.25% | 1,397 | 20.889289 | 29,182 | 5.71% | 17.75% | ||||||||||||||||||||
2009 |
0.25% | 1,149 | 17.740695 | 20,384 | 16.90% | 60.09% | ||||||||||||||||||||
2008 |
0.25% | 848 | 11.081635 | 9,397 | 6.35% | -35.59% | ||||||||||||||||||||
2007 |
0.25% | 10,584 | 17.203983 | 182,087 | 5.32% | 5.65% | ||||||||||||||||||||
Growth and Income Portfolio - Class I (ACGI) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 49,129 | 10.081770 | 495,307 | 0.00% | -2.25% | ||||||||||||||||||||
V.I. Basic Value Fund - Series I (AVBVI) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 425 | 12.900080 | 5,483 | 0.62% | -3.29% | ||||||||||||||||||||
2010 |
0.20% | 4 | 13.394748 | 54 | 0.02% | 7.14% | ||||||||||||||||||||
2010 |
0.25% | 736 | 13.339087 | 9,818 | 0.02% | 7.08% | ||||||||||||||||||||
2009 |
0.25% | 77,825 | 12.456759 | 969,447 | 4.38% | 47.63% | ||||||||||||||||||||
2009 |
0.40% | 1 | 12.320545 | 12 | 4.38% | 47.41% | ||||||||||||||||||||
2008 |
0.25% | 438 | 8.437654 | 3,696 | 1.73% | -51.89% | ||||||||||||||||||||
2007 |
0.25% | 128 | 17.537474 | 2,245 | 0.15% | 1.29% | ||||||||||||||||||||
2007 |
0.40% | 6 | 17.397964 | 104 | 0.15% | 1.14% | ||||||||||||||||||||
V.I. Capital Development Fund - Series I (AVCDI) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 195 | 17.662531 | 3,444 | 0.00% | -7.39% | ||||||||||||||||||||
2010 |
0.25% | 205 | 19.072022 | 3,910 | 0.00% | 18.48% | ||||||||||||||||||||
2009 |
0.25% | 146 | 16.097055 | 2,350 | 0.00% | 42.02% | ||||||||||||||||||||
2008 |
0.25% | 130 | 11.334726 | 1,474 | 0.00% | -47.16% | ||||||||||||||||||||
V.I. International Growth Fund - Series I (AVIE) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 5,302 | 17.244564 | 91,431 | 1.51% | -6.97% | ||||||||||||||||||||
2010 |
0.25% | 2,500 | 18.537223 | 46,343 | 2.29% | 12.58% | ||||||||||||||||||||
2009 |
0.25% | 1,802 | 16.465672 | 29,671 | 4.30% | 34.90% | ||||||||||||||||||||
2008 |
0.25% | 331 | 12.205427 | 4,040 | 0.50% | -40.53% | ||||||||||||||||||||
2007 |
0.25% | 364 | 20.523294 | 7,470 | 0.94% | 14.43% | ||||||||||||||||||||
Micro-Cap Portfolio - Investment Class (ROCMC) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 9,938 | 24.267837 | 241,174 | 1.70% | -12.28% | ||||||||||||||||||||
2011 |
0.25% | 66,349 | 24.154962 | 1,602,658 | 1.70% | -12.32% | ||||||||||||||||||||
2010 |
0.20% | 49 | 27.663928 | 1,356 | 2.08% | 29.70% | ||||||||||||||||||||
2010 |
0.25% | 106,105 | 27.549005 | 2,923,087 | 2.08% | 29.64% | ||||||||||||||||||||
2009 |
0.25% | 95,536 | 21.251012 | 2,030,237 | 0.00% | 57.65% | ||||||||||||||||||||
2009 |
0.40% | 14 | 21.018795 | 294 | 0.00% | 57.41% | ||||||||||||||||||||
2008 |
0.25% | 119,381 | 13.479984 | 1,609,254 | 2.26% | -43.41% | ||||||||||||||||||||
2008 |
0.40% | 77 | 13.352691 | 1,028 | 2.26% | -43.50% | ||||||||||||||||||||
2007 |
0.25% | 188,620 | 23.821182 | 4,493,151 | 1.14% | 3.72% | ||||||||||||||||||||
2007 |
0.40% | 850 | 23.631757 | 20,087 | 1.14% | 3.56% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
Equity Income Portfolio - II (TREI2) |
|
|||||||||||||||||||||||||
2011 |
0.20% | 73 | $ | 16.393623 | $ | 1,197 | 1.37% | -1.22% | ||||||||||||||||||
2011 |
0.25% | 81,115 | 16.317395 | 1,323,585 | 1.37% | -1.27% | ||||||||||||||||||||
2010 |
0.20% | 15 | 16.595545 | 249 | 1.71% | 14.51% | ||||||||||||||||||||
2010 |
0.25% | 150,052 | 16.526617 | 2,479,852 | 1.71% | 14.46% | ||||||||||||||||||||
2009 |
0.25% | 148,660 | 14.439362 | 2,146,556 | 1.72% | 24.94% | ||||||||||||||||||||
2009 |
0.40% | 3 | 14.281536 | 43 | 1.72% | 24.75% | ||||||||||||||||||||
2008 |
0.25% | 208,609 | 11.557153 | 2,410,926 | 2.05% | -36.42% | ||||||||||||||||||||
2008 |
0.40% | 58 | 11.447985 | 664 | 2.05% | -36.52% | ||||||||||||||||||||
2007 |
0.25% | 299,808 | 18.178518 | 5,450,065 | 1.44% | 2.77% | ||||||||||||||||||||
2007 |
0.40% | 234 | 18.033915 | 4,220 | 1.44% | 2.62% | ||||||||||||||||||||
Mid-Cap Growth Portfolio - II (TRMCG2) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 8,144 | 25.614079 | 208,601 | 0.00% | -1.77% | ||||||||||||||||||||
2010 |
0.25% | 44,778 | 26.074777 | 1,167,576 | 0.00% | 27.46% | ||||||||||||||||||||
2009 |
0.25% | 63,884 | 20.457409 | 1,306,901 | 0.00% | 45.00% | ||||||||||||||||||||
2008 |
0.25% | 76,782 | 14.108326 | 1,083,265 | 0.00% | -40.09% | ||||||||||||||||||||
2007 |
0.25% | 131,028 | 23.547392 | 3,085,368 | 0.00% | 16.93% | ||||||||||||||||||||
2007 |
0.40% | 66 | 23.360091 | 1,542 | 0.00% | 16.75% | ||||||||||||||||||||
New America Growth Portfolio (TRNAG1) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 15,840 | 14.831357 | 234,929 | 0.11% | -1.32% | ||||||||||||||||||||
2010 |
0.25% | 39,982 | 15.029245 | 600,899 | 0.18% | 19.35% | ||||||||||||||||||||
2009 |
0.25% | 54,891 | 12.592384 | 691,209 | 0.00% | 49.39% | ||||||||||||||||||||
2008 |
0.25% | 146,246 | 8.429140 | 1,232,728 | 0.00% | -38.40% | ||||||||||||||||||||
2007 |
0.25% | 183,150 | 13.682900 | 2,506,023 | 0.00% | 13.49% | ||||||||||||||||||||
2007 |
0.40% | 216 | 13.607980 | 2,939 | 0.00% | 13.32% | ||||||||||||||||||||
VIP Trust - Global Bond Fund: Initial Class (VWBF) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 18,236 | 20.477523 | 373,428 | 7.67% | 7.87% | ||||||||||||||||||||
2010 |
0.25% | 18,984 | 18.983449 | 360,382 | 4.20% | 5.93% | ||||||||||||||||||||
2009 |
0.25% | 27,754 | 17.920563 | 497,367 | 3.88% | 5.72% | ||||||||||||||||||||
2008 |
0.25% | 29,316 | 16.951478 | 496,950 | 0.00% | 3.35% | ||||||||||||||||||||
VIP Trust - Emerging Markets Fund: Initial Class (VWEM) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 50,207 | 23.658853 | 1,187,840 | 0.62% | -25.92% | ||||||||||||||||||||
2010 |
0.25% | 99,639 | 31.937979 | 3,182,268 | 0.71% | 26.52% | ||||||||||||||||||||
2009 |
0.25% | 125,304 | 25.242895 | 3,163,036 | 0.14% | 112.64% | ||||||||||||||||||||
2008 |
0.25% | 86,252 | 11.870996 | 1,023,897 | 0.00% | -64.87% | ||||||||||||||||||||
2007 |
0.25% | 103,264 | 33.789017 | 3,489,189 | 0.47% | 37.27% | ||||||||||||||||||||
VIP Trust - Global Hard Assets Fund: Initial Class (VWHA) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 18,335 | 35.182382 | 645,069 | 1.78% | -16.66% | ||||||||||||||||||||
2010 |
0.25% | 43,231 | 42.214751 | 1,824,986 | 0.14% | 28.91% | ||||||||||||||||||||
2009 |
0.25% | 5,862 | 32.746823 | 191,962 | 0.37% | 57.14% | ||||||||||||||||||||
2008 |
0.25% | 17,384 | 20.838997 | 362,265 | 0.08% | -46.26% | ||||||||||||||||||||
2007 |
0.25% | 17,132 | 38.776915 | 664,326 | 0.02% | 44.99% | ||||||||||||||||||||
Ivy Fund Variable Insurance Portfolios, Inc. - Growth (WRGP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 207 | 14.198847 | 2,939 | 0.37% | 1.87% | ||||||||||||||||||||
2010 |
0.25% | 259 | 13.938364 | 3,610 | 0.62% | 12.30% | ||||||||||||||||||||
2009 |
0.25% | 225 | 12.411842 | 2,793 | 0.00% | 26.76% | ||||||||||||||||||||
2008 |
0.25% | 97 | 9.791882 | 950 | 0.00% | -36.43% | ||||||||||||||||||||
Ivy Fund Variable Insurance Portfolios, Inc. - Real Estate Securities (WRRESP) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,501 | 13.185267 | 19,791 | 0.57% | 4.75% | ||||||||||||||||||||
2010 |
0.25% | 504 | 12.587772 | 6,344 | 1.80% | 28.19% | ||||||||||||||||||||
2009 |
0.25% | 440 | 9.819846 | 4,321 | 2.06% | 23.31% | ||||||||||||||||||||
2008 |
0.25% | 917 | 7.963301 | 7,302 | 0.71% | -36.20% | ||||||||||||||||||||
Advantage Funds Variable Trust - VT Discovery Fund (SVDF) |
|
|||||||||||||||||||||||||
2011 |
0.25% | 1,204 | 24.468093 | 29,460 | 0.00% | 0.17% | ||||||||||||||||||||
2010 |
0.25% | 1,173 | 24.425922 | 28,652 | 0.00% | 35.20% | ||||||||||||||||||||
2009 |
0.25% | 886 | 18.066031 | 16,007 | 0.00% | 39.95% | ||||||||||||||||||||
2008 |
0.25% | 979 | 12.908594 | 12,638 | 0.00% | -44.50% | ||||||||||||||||||||
2007 |
0.25% | 1,284 | 23.256824 | 29,862 | 0.00% | 22.02% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** |
||||||||||||||||||||||
Advantage VT Opportunity Fund - Class 2 (SVOF) |
|
|||||||||||||||||||||||||||
2011 |
0.25% | 3,619 | $ | 14.626997 | $ | 52,935 | 0.09% | -5.75% | ||||||||||||||||||||
2010 |
0.25% | 9,786 | 15.520123 | 151,880 | 0.78% | 23.45% | ||||||||||||||||||||||
2009 |
0.25% | 36,207 | 12.572347 | 455,207 | 0.00% | 47.37% | ||||||||||||||||||||||
2008 |
0.25% | 61,250 | 8.531293 | 522,542 | 1.86% | -40.25% | ||||||||||||||||||||||
2007 |
0.25% | 80,446 | 14.277593 | 1,148,575 | 0.58% | 6.37% | ||||||||||||||||||||||
Credit Suisse Trust- International Equity Flex III Portfolio(obsolete) (CSIEF3) |
|
|||||||||||||||||||||||||||
2010 |
0.25% | 31,819 | 11.315359 | 360,043 | 0.10% | 11.95% | ||||||||||||||||||||||
2009 |
0.25% | 48,168 | 10.107469 | 486,857 | 0.00% | 1.07% | 12/11/2009 | |||||||||||||||||||||
Gartmore NVIT Global Utilities Fund - Class I(obsolete) (GVGU1) |
|
|||||||||||||||||||||||||||
2009 |
0.25% | 933 | 17.534069 | 16,359 | 0.32% | 7.74% | ||||||||||||||||||||||
2008 |
0.25% | 770 | 16.274553 | 12,531 | 3.98% | -33.11% | ||||||||||||||||||||||
2007 |
0.25% | 88 | 24.329252 | 2,141 | 2.57% | 20.13% | ||||||||||||||||||||||
Gartmore NVIT Worldwide Leaders Fund - Class I (obsolete) (GEF) |
|
|||||||||||||||||||||||||||
2010 |
0.25% | 11,059 | 14.464062 | 159,958 | 1.00% | 11.18% | ||||||||||||||||||||||
2009 |
0.25% | 14,555 | 13.009466 | 189,353 | 0.93% | 24.69% | ||||||||||||||||||||||
2008 |
0.25% | 23,402 | 10.433265 | 244,159 | 0.71% | -44.48% | ||||||||||||||||||||||
2007 |
0.25% | 32,612 | 18.791981 | 612,844 | 0.35% | 19.60% | ||||||||||||||||||||||
International Equity Flex I Portfolio (obsolete) (WIEP) |
|
|||||||||||||||||||||||||||
2008 |
0.25% | 15,749 | 8.993222 | 141,634 | 2.89% | -41.18% | ||||||||||||||||||||||
2007 |
0.25% | 4,246 | 15.289838 | 64,921 | 1.13% | 16.30% | ||||||||||||||||||||||
International Equity Flex II Portfolio (obsolete) (WVCP) |
|
|||||||||||||||||||||||||||
2008 |
0.25% | 47,447 | 6.456612 | 306,347 | 2.39% | -46.89% | ||||||||||||||||||||||
2007 |
0.25% | 26,758 | 12.155952 | 325,269 | 0.00% | -4.20% | ||||||||||||||||||||||
J.P. Morgan NVIT Balanced Fund - Class I (obsolete) (BF) |
|
|||||||||||||||||||||||||||
2008 |
0.25% | 18,652 | 9.556437 | 178,247 | 2.05% | -25.73% | ||||||||||||||||||||||
2007 |
0.25% | 122,702 | 12.867713 | 1,578,894 | 2.03% | 4.36% | ||||||||||||||||||||||
NVIT Global Financial Services Fund - Class I(obsolete) (GVGF1) |
|
|||||||||||||||||||||||||||
2009 |
0.25% | 2,433 | 13.625762 | 33,151 | 1.18% | 31.42% | ||||||||||||||||||||||
2008 |
0.25% | 2,534 | 10.367711 | 26,272 | 1.61% | -46.41% | ||||||||||||||||||||||
2007 |
0.25% | 57,414 | 19.345657 | 1,110,712 | 3.27% | -1.30% | ||||||||||||||||||||||
NVIT Health Sciences Fund - Class I(obsolete) (GVGH1) |
|
|||||||||||||||||||||||||||
2009 |
0.25% | 6,814 | 13.548576 | 92,320 | 0.34% | 18.87% | ||||||||||||||||||||||
2008 |
0.25% | 12,452 | 11.398285 | 141,931 | 0.06% | -25.40% | ||||||||||||||||||||||
2007 |
0.25% | 1,180 | 15.279611 | 18,030 | 0.06% | 12.88% | ||||||||||||||||||||||
NVIT Leaders Fund - Class I(obsolete) (GVUS1) |
|
|||||||||||||||||||||||||||
2009 |
0.25% | 629 | 11.820920 | 7,435 | 0.66% | 33.45% | ||||||||||||||||||||||
2008 |
0.25% | 539 | 8.857680 | 4,774 | 0.81% | -50.03% | ||||||||||||||||||||||
NVIT Mid Cap Growth Fund - Class I (obsolete) (SGRF) |
|
|||||||||||||||||||||||||||
2008 |
0.25% | 7,172 | 8.073523 | 57,903 | 0.00% | -46.25% | ||||||||||||||||||||||
2007 |
0.25% | 32,438 | 15.019468 | 487,202 | 0.00% | 8.74% | ||||||||||||||||||||||
NVIT Technology & Communications Fund - Class I(obsolete) (GGTC) |
|
|||||||||||||||||||||||||||
2009 |
0.25% | 33,965 | 3.249860 | 110,381 | 0.00% | 52.09% | ||||||||||||||||||||||
2008 |
0.25% | 81,631 | 2.136859 | 174,434 | 0.00% | -48.70% | ||||||||||||||||||||||
2007 |
0.25% | 88,224 | 4.165338 | 367,483 | 0.00% | 19.79% | ||||||||||||||||||||||
NVIT U.S. Growth Leaders Fund - Class I(obsolete) (GVUG1) |
|
|||||||||||||||||||||||||||
2009 |
0.25% | 855 | 13.942266 | 11,921 | 0.00% | 25.52% | ||||||||||||||||||||||
2008 |
0.25% | 4,939 | 11.107192 | 54,858 | 0.00% | -41.44% | ||||||||||||||||||||||
2007 |
0.25% | 4,052 | 18.966559 | 76,852 | 0.00% | 22.18% | ||||||||||||||||||||||
U.S. Equity Flex I Portfolio(obsolete) (WSCP) |
|
|||||||||||||||||||||||||||
2010 |
0.25% | 33,463 | 9.078469 | 303,793 | 0.13% | 14.17% | ||||||||||||||||||||||
2009 |
0.25% | 75,682 | 7.951497 | 601,785 | 1.14% | 24.36% | ||||||||||||||||||||||
2008 |
0.25% | 74,511 | 6.394190 | 476,437 | 0.10% | -34.76% | ||||||||||||||||||||||
2007 |
0.25% | 49,268 | 9.801214 | 482,886 | 0.00% | -1.08% | ||||||||||||||||||||||
U.S. Equity Flex II Portfolio (obsolete) (WGIP) |
|
|||||||||||||||||||||||||||
2008 |
0.25% | 4,864 | 10.186075 | 49,545 | 3.11% | -36.35% | ||||||||||||||||||||||
2007 |
0.25% | 4,712 | 16.002005 | 75,401 | 1.21% | 1.53% |
(Continued) |
NATIONWIDE VL SEPARATE ACCOUNT - C
NOTES TO FINANCIAL STATEMENTS December 31, 2011
Contract Expense Rate* |
Units | Unit Fair Value |
Contract Owners Equity |
Investment Income Ratio** |
Total Return*** |
Inception Date**** | ||||||||||||||||||||
Variable Series II - Strategic Value VIP - Class B(obsolete) (SVSHEB) |
|
|||||||||||||||||||||||||
2008 |
0.25% | 22,579 | $ | 5.898673 | $ | 133,186 | 2.81% | -46.29% | ||||||||||||||||||
2007 |
0.25% | 22,588 | 10.983369 | 248,092 | 1.03% | -2.43% | ||||||||||||||||||||
2011 |
Contract owners equity: | $ | 175,112,108 | |||||||||||||||||||||||
2010 |
Contract owners equity: | $ | 182,186,115 | |||||||||||||||||||||||
2009 |
Contract owners equity: | $ | 179,342,661 | |||||||||||||||||||||||
2008 |
Contract owners equity: | $ | 166,504,391 | |||||||||||||||||||||||
2007 |
Contract owners equity: | $ | 269,101,390 |
* | This represents the annual contract expense rate of the variable account at the period end indicated and includes only those expenses that are charged through a reduction in the unit values. Excluded are expenses of the underlying mutual funds and charges made directly to contract owners accounts through the redemption of units. | |
** | This represents the ratio of dividends for the period indicated, excluding distributions of capital gains, received by the subaccount from the underlying mutual fund, net of management fees assessed by the fund manager, divided by monthly average net assets (excluding months where net assets are zero). The investment income ratio for subaccounts initially funded during the period presented has not been annualized. The ratios exclude those expenses that result in direct reductions to the contractholder accounts through reductions in unit values. The recognition of investment income by the subaccount is affected by the timing of the declaration of dividends by the underlying fund in which the subaccounts invest. | |
*** | This represents the total return for the period. The total returns do not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. Total return is not annualized if the underlying mutual fund option is initially offered, funded, or both, during the period presented. | |
**** | This represents the date the underlying mutual fund option was initially added and funded. |
^(_Y0V^QL*5__]D_ ` end