NSAR-U 1 v27664ansarvu.txt KILICO VARIABLE SEPARATE ACCOUNT FORM N-SAR-U SEMI-ANNUAL REPORT FOR REGISTERED INVESTMENT COMPANIES Report for six month period ending: __/__/__(a) or fiscal year ending: 12/31/06(b) Is this a transition report? (Y/N) N Is this an amendment to a previous filing? (Y/N) N Those items or sub-items with a box "[/]" after the item number should be completed only if the answer has changed from the previous filing on this form. 1. A. Registrant Name: KILICO Variable Separate Account B. File Number: 811-05025 C. Telephone Number: 425-577-5100 2. A. Street: 1400 American Lane B. City: Schaumburg C. State: IL D. Zip Code: 60196 Zip Ext: 1091 E. Foreign Country: _______________________ Foreign Postal Code: ____________ 3. Is this the first filing on this form by Registrant? (Y/N) N 4. Is this the last filing on this form by Registrant? (Y/N) N 5. Is Registrant a small business investment company (SBIC)? (Y/N) N [If answer is "Y" (Yes), complete only items 89 through 110.] 6. Is Registrant a unit investment trust (UIT)? (Y/N) Y [If answer is "Y" (Yes) complete only items 111 through 132.] 7. A. Is Registrant a series or multiple portfolio company? (Y/N) N [If answer is "N" (No), go to item 8.] B. How many separate series or portfolios did Registrant have at the end of the period? _____ 1 If filing more than one Page 47, "X" box: [ ] For period ending 12/31/06 File number 811-05025 UNIT INVESTMENT TRUSTS 111. A. [/] Depositor Name: ____________________________________________________ B. [/] File Number (If any): ______________________________________________ C. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 111. A. [/] Depositor Name: ____________________________________________________ B. [/] File Number (If any): ______________________________________________ C. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 112. A. [/] Sponsor Name: ______________________________________________________ B. [/] File Number (If any): ______________________________________________ C. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 112. A. [/] Sponsor Name: ______________________________________________________ B. [/] File Number (If any): ______________________________________________ C. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 2 If filing more than one Page 48, "X" box: [ ] For period ending 12/31/06 File number 811-05025 113. A. [/] Trustee Name: ______________________________________________________ B. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 113. A. [/] Trustee Name: ______________________________________________________ B. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 114. A. [/] Principal Underwriter Name: ________________________________________ B. [/] File Number 8-________________ C. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 114. A. [/] Principal Underwriter Name: ________________________________________ B. [/] File Number 8-________________ C. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 115. A. [/] Independent Public Accountant Name: ________________________________ B. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 115. A. [/] Independent Public Accountant Name: ________________________________ B. [/] City: _____________ State: ________ Zip Code: _____ Zip Ext.: ______ [/] Foreign Country: ____________________ Foreign Postal Code: _________ 3 If filing more than one Page 49, "X" box: [ ] For period ending 12/31/06 File number 811-05025 116. Family of investment companies information: A. [/] Is Registrant part of a family of investment companies? (Y/N) _______ ______ Y/N B. [/] Identify the family in 10 letters: _______________________ (Note: In filing this form, use this identification consistently for all investment companies in family. This designation is for purposes of this form only.) 117. A. [/] Is Registrant a separate account of an insurance company? (Y/N) _______ ______ Y/N If answer is "Y" (Yes), are any of the following types of contracts funded by the Registrant? B. [/] Variable annuity contracts? (Y/N) _______ ______ Y/N C. [/] Scheduled premium variable life contracts? (Y/N) _______ ______ Y/N D. [/] Flexible premium variable life contracts? (Y/N) _______ ______ Y/N E. [/] Other types of insurance products registered under the Securities Act of 1933? (Y/N) _______ ______ Y/N 118. [/] State the number of series existing at the end of the period that had securities registered under the Securities Act of 1933 ______________________________ ______ 119. [/] State the number of new series for which registration statements under the Securities Act of 1933 became effective during the period ______________________________ ______ 120. [/] State the total value of the portfolio securities on the date of deposit for the new series included in item 119 ($000's omitted) ______________________________ $______ 121. [/] State the number of series for which a current prospectus was in existence at the end of the period _________________________ ______ 122. [/] State the number of existing series for which additional units were registered under the Securities Act of 1933 during the current period ______________________________ ______ 4 If filing more than one Page 50, "X" box: [ ] For period ending 12/31/06 File number 811-05025 123. [/] State the total value of the additional units considered in answering item 122 ($000's omitted) ___________________________ $______ 124. [/] State the total value of units of prior series that were placed in the portfolios of subsequent series during the current period (the value of these units is to be measured on the date they were placed in the subsequent series) ($000's omitted) _________________________________ $______ 125. [ ] State the total dollar amount of sales loads collected (before reallowances to other brokers or dealers) by Registrant's principal underwriter and any underwriter which is an affiliated person of the principal underwriter during the current period solely from the sale of units of all series of Registrant ($000's omitted) ___________________________________ $ 164 126. Of the amount shown in item 125, state the total dollar amount of sales loads collected from secondary market operations in Registrant's units (include the sales loads, if any, collected on units of a prior series placed in the portfolio of a subsequent series.) ($000's omitted) __________________________ $ 0 127. List opposite the appropriate description below the number of series whose portfolios are invested primarily (based upon a percentage of NAV) in each type of security shown, the aggregate total assets at market value as of a date at or near the end of the current period of each such group of series and the total income distributions made by each such group of series during the current period (excluding distributions of realized gains, if any):
Number of Total Assets Total Income Series ($000's Distributions Investing omitted) ($000's omitted) --------- ------------ ---------------- A. U.S. Treasury direct issue ________ $________ $________ B. U.S. Government agency ________ $________ $________ C. State and municipal tax-free ________ $________ $________ D. Public utility debt ________ $________ $________ E. Brokers or dealers debt or debt of brokers' or dealers' parent ________ $________ $________ F. All other corporate intermed. & long-term debt ________ $________ $________ G. All other corporate short-term debt ________ $________ $________ H. Equity securities of brokers or dealers or parents of brokers or dealers ________ $________ $________ I. Investment company equity securities 1 $ 68,728 $ 2,103 J. All other equity securities ________ $________ $________ K. Other securities ________ $________ $________ L. Total assets of all series of registrant 1 $ 68,728 $ 2,103
5 If filing more than one Page 51, "X" box: [ ] For period ending 12/31/06 File number 811-05025 128. [/] Is the timely payment of principal and interest on any of the portfolio securities held by any of Registrant's series at the end of the current period insured or guaranteed by an entity other than the issuer? (Y/N) _______ ______ Y/N [If answer is "N" (No), go to item 131.] 129. [/] Is the issuer of any instrument covered in item 128 delinquent or in default as to payment of principal or interest at the end of the current period? (Y/N) _______ ______ Y/N [If answer is "N" (No), go to item 131.] 130. [/] In computations of NAV or offering price per unit, is any part of the value attributed to instruments identified in item 129 derived from insurance or guarantees? (Y/N) _______ ______ Y/N 131. Total expenses incurred by all series of Registrant during the current reporting period ($000's omitted) _____________________ $ 533 132. [/] List the "811" (Investment Company Act of 1940) registration number for all Series of Registrant that are being included in this filing: 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ 811 - ______ This report is signed on behalf of the Registrant in the City of Bellevue and State of Washington. Date: February 23, 2007. (Name of Registrant, Depositor, or Trustee) KILICO Variable Separate Account By: /s/ Diane C. Davis Witness: /s/ Steven H. Sparks -------------------------------- -------------------------------- Diane C. Davis, FSA, MAAA Steven H. Sparks, CPA, CLU, FLMI President and Chief Operations Assistant Vice President and Officer Controller