Nationwide VLI Separate Account 6 (811-21398)

N-30D 1 dn30d.htm NATIONWIDE VLI SEPARATE ACCOUNT 6 (811-21398) Nationwide VLI Separate Account 6 (811-21398)

LOGO

Nationwide^®

VLI Separate Account-6

Annual Report

Contract Owners

December 31, 2005

NATIONWIDE LIFE INSURANCE COMPANY

HOME OFFICE: COLUMBUS, OHIO

VLX– 0100AO–12/05

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY

December 31, 2005


Assets:

Investments at fair value:

American Century VP II – Income & Growth Fund – Class II (ACVPIncGr2) 2,305 shares (cost $16,757)	$	17,284

American Century VP II – Ultra^® Fund – Class II (ACVPUltra2) 6,594 shares (cost $65,473)		68,112

American Century VP II – Value Fund – Class II (ACVPVal2) 7,695 shares (cost $60,352)		63,019

American Century VP III – Income & Growth Fund – Class III (ACVPIncGr3) 8,134 shares (cost $60,608)		61,090

American Century VP III – Ultra^® Fund – Class III (ACVPUltra3) 2,865 shares (cost $28,895)		29,710

American Century VP III – Value Fund – Class III (ACVPVal3) 19,018 shares (cost $152,294)		155,951

Fidelity^® VIP – Equity-Income Portfolio: Service Class 2 (FidVIPEI2) 5,032 shares (cost $117,590)		126,658

Fidelity^® VIP – Equity-Income Portfolio: Service Class 2 R (FidVIPEI2R) 4,315 shares (cost $103,783)		108,211

Fidelity^® VIP – Growth Portfolio: Service Class 2 (FidVIPGr2) 1,083 shares (cost $33,008)		36,055

Fidelity^® VIP – Growth Portfolio: Service Class 2 R (FidVIPGr2R) 1,689 shares (cost $55,010)		56,052

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class 2 (FidVIPCon2) 5,879 shares (cost $147,829)		180,414

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class 2 R (FidVIPCon2R) 6,635 shares (cost $191,906)		203,088

Gartmore GVIT – Government Bond Fund: Class I (GVITGvtBd) 4,265 shares (cost $49,815)		49,219

Gartmore GVIT – Mid Cap Growth Fund: Class I (GVITSMdCpGr) 176 shares (cost $3,966)		4,782

Gartmore GVIT – Money Market Fund II – Class I (GVITMyMkt2) 17,082,898 shares (cost $17,082,898)		17,082,898

Gartmore GVIT II – Nationwide^® Fund: Class II (GVITNWFund2) 1,212 shares (cost $13,472)		14,329

Gartmore GVIT II – Small Cap Growth Fund: Class II (GVITSmCapGr2) 177 shares (cost $2,339)		2,788

Gartmore GVIT II – Small Cap Value Fund: Class II (GVITSmCapVal2) 1,299 shares (cost $15,793)		14,843

Gartmore GVIT II – Small Company Fund: Class II (GVITSmComp2) 1,302 shares (cost $28,699)		29,325

Gartmore GVIT III – Government Bond Fund: Class III (GVITGvtBd3) 4,781 shares (cost $55,147)		55,176

Gartmore GVIT III – Mid Cap Growth Fund: Class III (GVITSMdCpGr3) 700 shares (cost $18,655)		19,030

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY, Continued


Gartmore GVIT III – Nationwide^® Fund: Class III (GVITNWFund3) 1,459 shares (cost $16,686)	$	17,303

Gartmore GVIT III – Small Cap Growth Fund: Class III (GVITSmCapGr3) 36 shares (cost $556)		573

Gartmore GVIT III – Small Cap Value Fund: Class III (GVITSmCapVal3) 1,488 shares (cost $18,949)		17,190

Gartmore GVIT III – Small Company Fund: Class III (GVITSmComp3) 632 shares (cost $15,421)		14,401

Gartmore GVIT ID II – Aggressive Fund – Class II (GVITIDAgg) 547 shares (cost $6,327)		6,547

Gartmore GVIT ID II – Moderate Fund – Class II (GVITIDMod) 6,389 shares (cost $71,563)		72,830

Gartmore GVIT ID II – Moderately Aggressive Fund – Class II (GVITIDModAgg) 7,278 shares (cost $81,872)		86,177

Gartmore GVIT ID II – Moderately Conservative Fund – Class II (GVITIDModCon) 224 shares (cost $2,429)		2,447

Gartmore GVIT ID VI – Aggressive Fund – Class VI (GVITIDAgg6) 1,648 shares (cost $19,533)		19,694

Gartmore GVIT ID VI – Conservative Fund – Class VI (GVITIDCon6) 5,034 shares (cost $52,817)		51,644

Gartmore GVIT ID VI – Moderate Fund – Class VI (GVITIDMod6) 14,151 shares (cost $159,637)		161,037

Gartmore GVIT ID VI – Moderately Aggressive Fund – Class VI (GVITIDModAgg6) 10,516 shares (cost $124,251)		124,298

Gartmore GVIT ID VI – Moderately Conservative Fund – Class VI (GVITIDModCon6) 5,515 shares (cost $60,296)		60,108

Rydex VT – Arktos Fund (RyArktos) 10,803 shares (cost $229,130)		232,371

Rydex VT – Banking Fund (RyBank) 1,093 shares (cost $32,915)		32,458

Rydex VT – Basic Materials Fund (RyBasicM) 2,162 shares (cost $60,753)		60,255

Rydex VT – Biotechnology Fund (RyBioTech) 12,520 shares (cost $268,030)		267,562

Rydex VT – Consumer Products Fund (RyConsProd) 517 shares (cost $16,583)		16,360

Rydex VT – Electronics Fund (RyElec) 4,336 shares (cost $59,792)		59,318

Rydex VT – Energy Fund (RyEng) 7,413 shares (cost $295,413)		290,590

Rydex VT – Energy Services Fund (RyEnSvc) 10,266 shares (cost $328,317)		317,422

Rydex VT – Financial Services Fund (RyFinSvc) 1,683 shares (cost $49,326)		48,983

Rydex VT – Health Care Fund (RyHealthC) 5,392 shares (cost $151,952)		151,896

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY, Continued


Rydex VT – Internet Fund (RyNet) 9,622 shares (cost $144,859)	$	141,829

Rydex VT – Inverse Dynamic Dow 30 Fund (RyInvDyn30) 2,065 shares (cost $88,317)		89,221

Rydex VT – Inverse Mid Cap Fund (RyInvMidCap) 406 shares (cost $16,344)		15,913

Rydex VT – Inverse Small Cap Fund (RyInvSmCap) 1,944 shares (cost $79,067)		78,932

Rydex VT – Juno Fund (RyJuno) 7,162 shares (cost $148,328)		148,972

Rydex VT – Large Cap Europe Fund (RyLgCapEuro) 7,364 shares (cost $174,328)		175,550

Rydex VT – Large Cap Growth Fund (RyLgCapGr) 8,508 shares (cost $224,134)		218,567

Rydex VT – Large Cap Japan Fund (RyLgCapJapan) 14,630 shares (cost $447,522)		488,942

Rydex VT – Large Cap Value Fund (RyLgCapVal) 1,961 shares (cost $55,798)		54,708

Rydex VT – Leisure Fund (RyLeisure) 83 shares (cost $1,825)		1,816

Rydex VT – Long Dynamic Dow 30 Fund (RyLongDyn30) 24,158 shares (cost $561,981)		558,060

Rydex VT – Medius Fund (RyMedius) 25,277 shares (cost $775,351)		762,099

Rydex VT – Mekros Fund (RyMekros) 53,806 shares (cost $1,899,144)		1,836,952

Rydex VT – Mid Cap Growth Fund (RyMidCapGr) 12,736 shares (cost $387,301)		385,135

Rydex VT – Mid Cap Value Fund (RyMidCapVal) 1,751 shares (cost $34,164)		33,735

Rydex VT – Nova Fund (RyNova) 62,561 shares (cost $542,259)		535,520

Rydex VT – OTC Fund (RyOTC) 155,873 shares (cost $2,316,744)		2,267,955

Rydex VT – Precious Metals Fund (RyPrecMet) 35,580 shares (cost $350,793)		368,607

Rydex VT – Real Estate Fund (RyRealEst) 3,006 shares (cost $122,433)		121,155

Rydex VT – Retailing Fund (RyRetail) 588 shares (cost $16,401)		16,377

Rydex VT – Sector Rotation Fund (RySectRot) 20,405 shares (cost $253,650)		258,946

Rydex VT – Small Cap Growth Fund (RySmCapGr) 8,954 shares (cost $266,876)		256,441

Rydex VT – Small Cap Value Fund (RySmCapVal) 3,677 shares (cost $94,972)		94,388

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY, Continued


Rydex VT – Technology Fund (RyTech) 10,323 shares (cost $146,296)	$	143,693

Rydex VT – Telecommunications Fund (RyTele) 2,025 shares (cost $38,680)		38,099

Rydex VT – Titan 500 Fund (RyTitan500) 18,937 shares (cost $356,543)		347,881

Rydex VT – Transportation Fund (RyTrans) 3,984 shares (cost $130,542)		130,030

Rydex VT – U.S. Government Bond Fund (RyUSGvtBd) 56,058 shares (cost $696,577)		694,001

Rydex VT – Ursa Fund (RyUrsa) 135,419 shares (cost $694,733)		697,408

Rydex VT – Utilities Fund (RyUtil) 7,150 shares (cost $137,722)		136,492

Rydex VT – Velocity 100 Fund (RyVel100) 82,169 shares (cost $1,878,281)		1,839,773

Total Investments		33,426,695

Accounts Receivable		19,827

Total Assets		33,446,522

Accounts Payable		8,708

Contract Owners Equity (note 7)	$	33,437,814

See accompanying notes to financial statements.

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS

Year Ended December 31, 2005


Investment activity:	Total			ACVPIncGr2		ACVPUltra2		ACVPVal2		ACVPIncGr3		ACVPUltra3		ACVPVal3		FidVIPEI2
Reinvested dividends	$	490,774		12,940		–		1,156		–		–		–		2,054

Net investment income (loss)		490,774		12,940		–		1,156		–		–		–		2,054


Proceeds from mutual fund shares sold		453,828,061		757,310		135,202		142,231		4,721		3,399		43,757		46,221
Cost of mutual fund shares sold		(454,132,358	)	(769,113	)	(133,290	)	(149,544	)	(4,654	)	(3,271	)	(42,764	)	(42,777	)

Realized gain (loss) on investments		(304,297	)	(11,803	)	1,912		(7,313	)	67		128		993		3,444
Change in unrealized gain (loss) on investments		(262,553	)	(2,138	)	(5,457	)	(5,298	)	482		816		3,657		(2,478	)

Net gain (loss) on investments		(566,850	)	(13,941	)	(3,545	)	(12,611	)	549		944		4,650		966

Reinvested capital gains		276,474		–		–		16,218		–		–		–		5,078

Net increase (decrease) in contract owners’ equity resulting from operations	$	200,398		(1,001	)	(3,545	)	4,763		549		944		4,650		8,098


Investment activity:	FidVIPEI2R			FidVIPGr2		FidVIPGr2R		FidVIPCon2		FidVIPCon2R		GVITGvtBd		GVITSMdCpGr		GVITMyMkt2
Reinvested dividends	$	–		122		–		310		–		2,042		–		280,066

Net investment income (loss)		–		122		–		310		–		2,042		–		280,066


Proceeds from mutual fund shares sold		4,076		47,773		41,400		132,209		22,911		1,080,667		2,792		116,128,390
Cost of mutual fund shares sold		(3,927	)	(46,791	)	(39,354	)	(110,743	)	(20,915	)	(1,076,572	)	(2,473	)	(116,128,390	)

Realized gain (loss) on investments		149		982		2,046		21,466		1,996		4,095		319		–
Change in unrealized gain (loss) on investments		4,429		2,670		1,043		11,517		11,183		(571	)	183		–

Net gain (loss) on investments		4,578		3,652		3,089		32,983		13,179		3,524		502		–

Reinvested capital gains		–		–		–		44		–		126		–		–

Net increase (decrease) in contract owners’ equity resulting from operations	$	4,578		3,774		3,089		33,337		13,179		5,692		502		280,066

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2005


Investment activity:	GVITNWFund2			GVITSmCapGr2		GVITSmCapVal2		GVITSmComp2		GVITGvtBd3		GVITSMdCpGr3		GVITNWFund3		GVITSmCapGr3
Reinvested dividends	$	138		–		–		–		1,634		–		100		–

Net investment income (loss)		138		–		–		–		1,634		–		100		–


Proceeds from mutual fund shares sold		174,787		1,575		12,862		685		293,088		741		441		677
Cost of mutual fund shares sold		(176,191	)	(1,430	)	(12,644	)	(638	)	(293,954	)	(715	)	(433	)	(656	)

Realized gain (loss) on investments		(1,404	)	145		218		47		(866	)	26		8		21
Change in unrealized gain (loss) on investments		903		110		(1,370	)	(334	)	29		376		617		18

Net gain (loss) on investments		(501	)	255		(1,152	)	(287	)	(837	)	402		625		39

Reinvested capital gains		–		–		2,000		3,482		62		–		–		–

Net increase (decrease) in contract owners’ equity resulting from operations	$	(363	)	255		848		3,195		859		402		725		39


Investment activity:	GVITSmCapVal3			GVITSmComp3		GVITIDAgg		GVITIDCon		GVITIDMod		GVITIDModAgg		GVITIDModCon		GVITIDAgg6
Reinvested dividends	$	10		–		162		14		1,644		1,560		706		186

Net investment income (loss)		10		–		162		14		1,644		1,560		706		186


Proceeds from mutual fund shares sold		974		18		5,282		2,828		15,404		9,755		40,011		757
Cost of mutual fund shares sold		(962	)	(17	)	(4,906	)	(2,829	)	(15,215	)	(9,641	)	(39,103	)	(721	)

Realized gain (loss) on investments		12		1		376		(1	)	189		114		908		36
Change in unrealized gain (loss) on investments		(1,759	)	(1,020	)	(173	)	(22	)	1,267		4,193		(67	)	162

Net gain (loss) on investments		(1,747	)	(1,019	)	203		(23	)	1,456		4,307		841		198

Reinvested capital gains		1,576		1,498		162		–		1,284		1,748		348		212

Net increase (decrease) in contract owners’ equity resulting from operations	$	(161	)	479		527		(9	)	4,384		7,615		1,895		596

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2005


Investment activity:	GVITIDCon6			GVITIDMod6		GVITIDModAgg6		GVITIDModCon6		RyArktos		RyBank		RyBasicM		RyBioTech
Reinvested dividends	$	838		1,888		1,560		668		–		3,774		530		–

Net investment income (loss)		838		1,888		1,560		668		–		3,774		530		–


Proceeds from mutual fund shares sold		5,215		10,043		22,686		4,491		16,137,788		1,699,993		3,373,444		2,204,894
Cost of mutual fund shares sold		(5,212	)	(9,709	)	(21,487	)	(4,446	)	(16,205,020	)	(1,755,365	)	(3,419,231	)	(2,185,780	)

Realized gain (loss) on investments		3		334		1,199		45		(67,232	)	(55,372	)	(45,787	)	19,114
Change in unrealized gain (loss) on investments		(1,172	)	1,400		47		(187	)	3,228		(1,002	)	(542	)	(202	)

Net gain (loss) on investments		(1,169	)	1,734		1,246		(142	)	(64,004	)	(56,374	)	(46,329	)	18,912

Reinvested capital gains		768		1,296		1,612		572		–		38,732		21,928		–

Net increase (decrease) in contract owners’ equity resulting from operations	$	437		4,918		4,418		1,098		(64,004	)	(13,868	)	(23,871	)	18,912


Investment activity:	RyConsProd			RyElec		RyEng		RyEnSvc		RyFinSvc		RyHealthC		RyNet		RyInvDyn30
Reinvested dividends	$	470		–		108		–		956		–		–		1,420

Net investment income (loss)		470		–		108		–		956		–		–		1,420


Proceeds from mutual fund shares sold		3,046,090		2,101,014		8,981,547		5,985,509		2,318,554		3,487,547		1,356,676		1,187,422
Cost of mutual fund shares sold		(3,051,366	)	(2,102,623	)	(8,909,278	)	(5,861,645	)	(2,321,065	)	(3,477,007	)	(1,371,188	)	(1,193,588	)

Realized gain (loss) on investments		(5,276	)	(1,609	)	72,269		123,864		(2,511	)	10,540		(14,512	)	(6,166	)
Change in unrealized gain (loss) on investments		(802	)	(3,527	)	(5,641	)	(11,666	)	(1,915	)	(244	)	(2,949	)	5,372

Net gain (loss) on investments		(6,078	)	(5,136	)	66,628		112,198		(4,426	)	10,296		(17,461	)	(794	)

Reinvested capital gains		2,842		–		31,174		–		7,722		–		5,312		–

Net increase (decrease) in contract owners’ equity resulting from operations	$	(2,766	)	(5,136	)	97,910		112,198		4,252		10,296		(12,149	)	626

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2005


Investment activity:	RyInvMidCap			RyInvSmCap		RyJuno		RyLgCapEuro		RyLgCapGr		RyLgCapJapan		RyLgCapVal		RyLeisure
Reinvested dividends	$	500		1,928		–		4,428		172		–		290		–

Net investment income (loss)		500		1,928		–		4,428		172		–		290		–


Proceeds from mutual fund shares sold		3,613,407		15,188,485		28,908,518		35,180,868		3,421,734		1,439,829		2,640,768		1,174,548
Cost of mutual fund shares sold		(3,657,192	)	(15,358,344	)	(28,845,001	)	(35,135,314	)	(3,423,548	)	(1,411,156	)	(2,643,335	)	(1,180,536	)

Realized gain (loss) on investments		(43,785	)	(169,859	)	63,517		45,554		(1,814	)	28,673		(2,567	)	(5,988	)
Change in unrealized gain (loss) on investments		(430	)	(134	)	6,721		19,075		(2,408	)	39,849		593		(3,102	)

Net gain (loss) on investments		(44,215	)	(169,993	)	70,238		64,629		(4,222	)	68,522		(1,974	)	(9,090	)

Reinvested capital gains		–		–		–		6,456		4,032		–		2,066		3,292

Net increase (decrease) in contract owners’ equity resulting from operations	$	(43,715	)	(168,065	)	70,238		75,513		(18	)	68,522		382		(5,798	)


Investment activity:	RyLongDyn30			RyMedius		RyMekros		RyMidCapGr		RyMidCapVal		RyNova		RyOTC		RyPrecMet
Reinvested dividends	$	2,712		–		134,156		–		228		1,404		–		–

Net investment income (loss)		2,712		–		134,156		–		228		1,404		–		–


Proceeds from mutual fund shares sold		3,474,345		13,670,352		55,585,736		3,702,959		2,699,671		5,900,862		8,464,203		2,699,109
Cost of mutual fund shares sold		(3,538,941	)	(13,568,273	)	(55,819,557	)	(3,700,550	)	(2,722,928	)	(5,872,170	)	(8,410,934	)	(2,661,215	)

Realized gain (loss) on investments		(64,596	)	102,079		(233,821	)	2,409		(23,257	)	28,692		53,269		37,894
Change in unrealized gain (loss) on investments		33,341		(26,202	)	(222,883	)	(2,467	)	9,253		(24,380	)	(60,533	)	18,069

Net gain (loss) on investments		(31,255	)	75,877		(456,704	)	(58	)	(14,004	)	4,312		(7,264	)	55,963

Reinvested capital gains		23,594		1,450		–		–		12,028		–		–		–

Net increase (decrease) in contract owners’ equity resulting from operations	$	(4,949	)	77,327		(322,548	)	(58	)	(1,748	)	5,716		(7,264	)	55,963

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2005


Investment activity:	RyRealEst			RyRetail		RySectRot		RySmCapGr		RySmCapVal		RyTech		RyTele		RyTitan500
Reinvested dividends	$	3,682		–		–		–		–		–		–		400

Net investment income (loss)		3,682		–		–		–		–		–		–		400


Proceeds from mutual fund shares sold		3,863,062		1,376,439		325,136		3,943,931		3,033,078		2,201,348		2,036,184		7,527,915
Cost of mutual fund shares sold		(3,848,244	)	(1,392,887	)	(315,280	)	(3,962,203	)	(3,047,372	)	(2,192,742	)	(2,052,036	)	(7,709,837	)

Realized gain (loss) on investments		14,818		(16,448	)	9,856		(18,272	)	(14,294	)	8,606		(15,852	)	(181,922	)
Change in unrealized gain (loss) on investments		(2,136	)	29		3,172		(7,175	)	3,065		(2,486	)	(644	)	8,526

Net gain (loss) on investments		12,682		(16,419	)	13,028		(25,447	)	(11,229	)	6,120		(16,496	)	(173,396	)

Reinvested capital gains		–		1,520		–		11,910		11,402		–		17,386		34,852

Net increase (decrease) in contract owners’ equity resulting from operations	$	16,364		(14,899	)	13,028		(13,537	)	173		6,120		890		(138,144	)


Investment activity:	RyTrans			RyUSGvtBd		RyUrsa		RyUtil		RyVel100
Reinvested dividends	$	–		22,354		–		1,464		–

Net investment income (loss)		–		22,354		–		1,464		–


Proceeds from mutual fund shares sold		1,232,310		41,747,320		3,877,279		4,078,037		19,744,771
Cost of mutual fund shares sold		(1,223,609	)	(41,721,192	)	(3,902,599	)	(4,070,460	)	(19,716,260	)

Realized gain (loss) on investments		8,701		26,128		(25,320	)	7,577		28,511
Change in unrealized gain (loss) on investments		(2,077	)	(3,189	)	2,811		(973	)	(49,004	)

Net gain (loss) on investments		6,624		22,939		(22,509	)	6,604		(20,493	)

Reinvested capital gains		690		–		–		–		–

Net increase (decrease) in contract owners’ equity resulting from operations	$	7,314		45,293		(22,509	)	8,068		(20,493	)

See accompanying notes to financial statements.

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY

Years Ended December 31, 2005 and 2004


	Total					ACVPIncGr2				ACVPUltra2				ACVPVal2
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	490,774		91,484		12,940		218		–		–		1,156		–
Realized gain (loss) on investments		(304,297	)	(53,861	)	(11,803	)	64		1,912		165		(7,313	)	1,312
Change in unrealized gain (loss) on investments		(262,553	)	180,183		(2,138	)	2,666		(5,457	)	8,097		(5,298	)	7,966
Reinvested capital gains		276,474		136,374		–		–		–		–		16,218		–

Net increase (decrease) in contract owners’ equity resulting from operations		200,398		354,180		(1,001	)	2,948		(3,545	)	8,262		4,763		9,278


Equity transactions:
Purchase payments received from contract owners (note 6)		19,955,648		23,566,422		1,802		2,360		2,816		6,482		9,946		5,142
Transfers between funds		–		–		(5,914	)	30,582		(4,174	)	111,776		(48,156	)	106,732
Surrenders (note 6)		(1,059,368	)	(23,392	)	(8,082	)	(468	)	(10,052	)	(1,240	)	(10,166	)	(464	)
Death benefits (note 4)		70		(70	)	–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(2,067,422	)	(4,750,092	)	–		–		(25,188	)	(806	)	(242	)	176
Deductions for surrender charges (note 2d)		(188,070	)	(2,981	)	–		–		(148	)	(295	)	(152	)	(147	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(1,868,992	)	(735,858	)	(3,164	)	(1,494	)	(7,778	)	(7,074	)	(9,668	)	(3,318	)
Asset charges (note 3)		(94,548	)	(36,452	)	(190	)	(98	)	(480	)	(450	)	(512	)	(200	)
Adjustments to maintain reserves.		12,659		1,467		(18	)	25		2		10		7		12

Net equity transactions		14,689,977		18,019,044		(15,566	)	30,907		(45,002	)	108,403		(58,943	)	107,933


Net change in contract owners’ equity		14,890,375		18,373,224		(16,567	)	33,855		(48,547	)	116,665		(54,180	)	117,211
Contract owners’ equity beginning of period		18,547,439		174,215		33,855		–		116,665		–		117,211		–

Contract owners’ equity end of period	$	33,437,814		18,547,439		17,288		33,855		68,118		116,665		63,031		117,211


CHANGES IN UNITS:
Beginning units		1,582,462		17,325		2,714		–		9,962		–		9,250		–

Units purchased		2,729,482		3,795,355		1,038		2,892		1,355		16,085		2,007		9,582
Units redeemed		(1,322,274	)	(2,230,218	)	(2,426	)	(178	)	(5,613	)	(6,123	)	(6,513	)	(332	)

Ending units		2,989,670		1,582,462		1,326		2,714		5,704		9,962		4,744		9,250

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	ACVPIncGr3				ACVPUltra3			ACVPVal3			FidVIPEI2
Investment activity:	2005			2004	2005		2004	2005		2004	2005		2004
Net investment income (loss)	$	–		–	–		–	–		–	2,054		180
Realized gain (loss) on investments		67		–	128		–	993		–	3,444		578
Change in unrealized gain (loss) on investments		482		–	816		–	3,657		–	(2,478	)	11,547
Reinvested capital gains		–		–	–		–	–		–	5,078		46

Net increase (decrease) in contract owners’ equity resulting from operations		549		–	944		–	4,650		–	8,098		12,351


Equity transactions:
Purchase payments received from contract owners (note 6)		8,412		–	16,270		–	68,966		–	15,296		9,608
Transfers between funds		54,580		–	15,446		–	90,280		–	(8,808	)	113,006
Surrenders (note 6)		(1,080	)	–	(1,036	)	–	(1,026	)	–	(2,168	)	(677	)
Death benefits (note 4)		–		–	–		–	–		–	–		–
Net policy repayments (loans) (note 5)		–		–	(660	)	–	(1,674	)	–	28		(1,222	)
Deductions for surrender charges (note 2d)		–		–	(4	)	–	(4	)	–	(96	)	–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(1,288	)	–	(1,186	)	–	(4,926	)	–	(8,750	)	(8,874	)
Asset charges (note 3)		(82	)	–	(68	)	–	(318	)	–	(622	)	(522	)
Adjustments to maintain reserves		23		–	24		–	14		–	(18	)	30

Net equity transactions		60,565		–	28,786		–	151,312		–	(5,138	)	111,349


Net change in contract owners’ equity		61,114		–	29,730		–	155,962		–	2,960		123,700
Contract owners’ equity beginning of period		–		–	–		–	–		–	123,700		–

Contract owners’ equity end of period	$	61,114		–	29,730		–	155,962		–	126,660		123,700


CHANGES IN UNITS:
Beginning units		–		–	–		–	–		–	9,968		–

Units purchased		5,901		–	2,965		–	15,189		–	1,757		19,798
Units redeemed		(229	)	–	(273	)	–	(753	)	–	(2,057	)	(9,830	)

Ending units		5,672		–	2,692		–	14,436		–	9,668		9,968

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	FidVIPEI2R				FidVIPGr2				FidVIPGr2R			FidVIPCon2
Investment activity:	2005			2004	2005		2004		2005		2004	2005		2004
Net investment income (loss)	$	–		–	122		26		–		–	310		58
Realized gain (loss) on investments		149		–	982		(261	)	2,046		–	21,466		3,634
Change in unrealized gain (loss) on investments		4,429		–	2,670		378		1,043		–	11,517		21,069
Reinvested capital gains		–		–	–		–		–		–	44		–

Net increase (decrease) in contract owners’ equity resulting from operations		4,578		–	3,774		143		3,089		–	33,337		24,761


Equity transactions:
Purchase payments received from contract owners (note 6)		30,416		–	1,402		1,878		6,550		–	14,246		21,764
Transfers between funds		77,516		–	7,464		38,490		49,346		–	(55,918	)	188,990
Surrenders (note 6)		(298	)	–	(8,254	)	(431	)	(1,204	)	–	(11,448	)	(1,853	)
Death benefits (note 4)		–		–	–		–		–		–	–		–
Net policy repayments (loans) (note 5)		–		–	–		–		–		–	(204	)	(1,214	)
Deductions for surrender charges (note 2d)		(4	)	–	–		–		–		–	(160	)	(296	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(3,796	)	–	(5,178	)	(2,872	)	(1,634	)	–	(16,394	)	(13,426	)
Asset charges (note 3)		(202	)	–	(248	)	(118	)	(96	)	–	(994	)	(786	)
Adjustments to maintain reserves		23		–	3		5		10		–	(7	)	23

Net equity transactions		103,655		–	(4,811	)	36,952		52,972		–	(70,879	)	193,202


Net change in contract owners’ equity		108,233		–	(1,037	)	37,095		56,061		–	(37,542	)	217,963
Contract owners’ equity beginning of period		–		–	37,095		–		–		–	217,963		–

Contract owners’ equity end of period	$	108,233		–	36,058		37,095		56,061		–	180,421		217,963


CHANGES IN UNITS:
Beginning units		–		–	3,356		–		–		–	17,268		–

Units purchased		10,251		–	1,062		3,681		5,245		–	2,675		27,748
Units redeemed		(403	)	–	(1,326	)	(325	)	(259	)	–	(7,689	)	(10,480	)

Ending units		9,848		–	3,092		3,356		4,986		–	12,254		17,268

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	FidVIPCon2R				GVITGvtBd				GVITSMdCpGr				GVITMyMkt2
Investment activity:	2005			2004	2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–	2,042		966		–		–		280,066		24,250
Realized gain (loss) on investments		1,996		–	4,095		(1,530	)	319		(18	)	–		–
Change in unrealized gain (loss) on investments		11,183		–	(571	)	(24	)	183		634		–		–
Reinvested capital gains		–		–	126		–		–		–		–		–

Net increase (decrease) in contract owners’ equity resulting from operations		13,179		–	5,692		(588	)	502		616		280,066		24,250


Equity transactions:
Purchase payments received from contract owners (note 6)		42,946		–	30,448		(3,040	)	1,086		2,902		18,519,308		23,052,684
Transfers between funds		156,108		–	(28,314	)	52,906		(1,254	)	4,024		(3,888,046	)	(13,415,192	)
Surrenders (note 6)		(1,224	)	–	–		–		–		–		(513,586	)	(8,081	)
Death benefits (note 4)		–		–	–		–		–		–		70		(70	)
Net policy repayments (loans) (note 5)		(732	)	–	–		–		–		–		(1,424,302	)	(4,208,146	)
Deductions for surrender charges (note 2d)		(4	)	–	(104	)	–		–		–		(105,846	)	–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(6,858	)	–	(4,564	)	(2,612	)	(1,618	)	(1,416	)	(907,960	)	(426,620	)
Asset charges (note 3)		(330	)	–	(328	)	(280	)	(36	)	(26	)	(42,918	)	(18,318	)
Adjustments to maintain reserves		25		–	2		18		24		5		1,745		(31	)

Net equity transactions		189,931		–	(2,860	)	46,992		(1,798	)	5,489		11,638,465		4,976,226


Net change in contract owners’ equity		203,110		–	2,832		46,404		(1,296	)	6,105		11,918,531		5,000,476
Contract owners’ equity beginning of period		–		–	46,404		–		6,105		–		5,164,040		163,564

Contract owners’ equity end of period	$	203,110		–	49,236		46,404		4,809		6,105		17,082,571		5,164,040


CHANGES IN UNITS:
Beginning units		–		–	4,364		–		496		–		514,102		16,351

Units purchased		17,781		–	13,199		20,217		92		660		1,859,176		2,585,938
Units redeemed		(801	)	–	(13,079	)	(15,853	)	(232	)	(164	)	(710,272	)	(2,088,187	)

Ending units		16,980		–	4,484		4,364		356		496		1,663,006		514,102

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	GVITGvtBd2				GVITNWFund2				GVITSmCapGr2				GVITSmCapVal2
Investment activity:	2005		2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–	24		138		4,066		–		–		–		–
Realized gain (loss) on investments		–	(12,870	)	(1,404	)	3,833		145		(2,180	)	218		(78	)
Change in unrealized gain (loss) on investments		–	–		903		(46	)	110		340		(1,370	)	421
Reinvested capital gains		–	18		–		–		–		–		2,000		1,732

Net increase (decrease) in contract owners’ equity resulting from operations		–	(12,828	)	(363	)	7,853		255		(1,840	)	848		2,075


Equity transactions:
Purchase payments received from contract owners (note 6)		–	12,862		15,754		7,198		846		1,360		2,278		6,914
Transfers between funds		–	–		(109,292	)	102,040		(1,264	)	4,790		(11,354	)	17,586
Surrenders (note 6)		–	–		–		–		–		(214	)	(160	)	(227	)
Death benefits (note 4)		–	–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		–	–		–		–		–		–		–		–
Deductions for surrender charges (note 2d)		–	–		–		–		–		–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		–	(36	)	(5,032	)	(3,584	)	(326	)	(752	)	(1,490	)	(1,446	)
Asset charges (note 3)		–	–		(172	)	(72	)	(22	)	(50	)	(108	)	(82	)
Adjustments to maintain reserves		–	2		–		15		(11	)	17		(2	)	12

Net equity transactions		–	12,828		(98,742	)	105,597		(777	)	5,151		(10,836	)	22,757


Net change in contract owners’ equity		–	–		(99,105	)	113,450		(522	)	3,311		(9,988	)	24,832
Contract owners’ equity beginning of period		–	–		113,450		–		3,311		–		24,832		–

Contract owners’ equity end of period	$	–	–		14,345		113,450		2,789		3,311		14,844		24,832


CHANGES IN UNITS:
Beginning units		–	–		9,566		–		284		–		1,850		–

Units purchased		–	–		1,482		38,380		77		383		177		1,996
Units redeemed		–	–		(9,918	)	(28,814	)	(139	)	(99	)	(951	)	(146	)

Ending units		–	–		1,130		9,566		222		284		1,076		1,850

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	GVITSmComp2					GVITGvtBd3			GVITSMdCpGr3			GVITNWFund3
Investment activity:	2005			2004		2005		2004	2005		2004	2005		2004
Net investment income (loss)	$	–		–		1,634		–	–		–	100		–
Realized gain (loss) on investments		47		16		(866	)	–	26		–	8		–
Change in unrealized gain (loss) on investments		(334	)	960		29		–	376		–	617		–
Reinvested capital gains		3,482		2,944		62		–	–		–	–		–

Net increase (decrease) in contract owners’ equity resulting from operations		3,195		3,920		859		–	402		–	725		–


Equity transactions:
Purchase payments received from contract owners (note 6)		872		2,064		18,406		–	2,668		–	8,270		–
Transfers between funds		–		20,858		40,162		–	16,628		–	10,244		–
Surrenders (note 6)		–		–		(2,564	)	–	(2	)	–	–		–
Death benefits (note 4)		–		–		–		–	–		–	–		–
Net policy repayments (loans) (note 5)		–		–		–		–	–		–	–		–
Deductions for surrender charges (note 2d)		–		–		–		–	–		–	–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(692	)	(710	)	(1,570	)	–	(636	)	–	(1,892	)	–
Asset charges (note 3)		(112	)	(74	)	(122	)	–	(32	)	–	(48	)	–
Adjustments to maintain reserves		13		11		22		–	23		–	15		–

Net equity transactions		81		22,149		54,334		–	18,649		–	16,589		–


Net change in contract owners’ equity		3,276		26,069		55,193		–	19,051		–	17,314		–
Contract owners’ equity beginning of period		26,069		–		–		–	–		–	–		–

Contract owners’ equity end of period	$	29,345		26,069		55,193		–	19,051		–	17,314		–


CHANGES IN UNITS:
Beginning units		2,002		–		–		–	–		–	–		–

Units purchased		69		2,070		5,618		–	1,682		–	1,740		–
Units redeemed		(59	)	(68	)	(182	)	–	(58	)	–	(180	)	–

Ending units		2,012		2,002		5,436		–	1,624		–	1,560		–

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	GVITSmCapGr3				GVITSmCapVal3			GVITSmComp3			GVITIDAgg
Investment activity:	2005			2004	2005		2004	2005		2004	2005		2004
Net investment income (loss)	$	–		–	10		–	–		–	162		44
Realized gain (loss) on investments		21		–	12		–	1		–	376		4
Change in unrealized gain (loss) on investments		18		–	(1,759	)	–	(1,020	)	–	(173	)	394
Reinvested capital gains		–		–	1,576		–	1,498		–	162		52

Net increase (decrease) in contract owners’ equity resulting from operations		39		–	(161	)	–	479		–	527		494


Equity transactions:
Purchase payments received from contract owners (note 6)		1,216		–	4,744		–	2,408		–	130		–
Transfers between funds		(650	)	–	12,976		–	11,732		–	3,078		3,766
Surrenders (note 6)		(2	)	–	(102	)	–	–		–	–		–
Death benefits (note 4)		–		–	–		–	–		–	–		–
Net policy repayments (loans) (note 5)		–		–	–		–	–		–	–		–
Deductions for surrender charges (note 2d)		–		–	–		–	–		–	–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(30	)	–	(250	)	–	(198	)	–	(1,236	)	(150	)
Asset charges (note 3)		(2	)	–	(22	)	–	(22	)	–	(54	)	(10	)
Adjustments to maintain reserves		6		–	9		–	8		–	(6	)	18

Net equity transactions		538		–	17,355		–	13,928		–	1,912		3,624


Net change in contract owners’ equity		577		–	17,194		–	14,407		–	2,439		4,118
Contract owners’ equity beginning of period		–		–	–		–	–		–	4,118		–

Contract owners’ equity end of period	$	577		–	17,194		–	14,407		–	6,557		4,118


CHANGES IN UNITS:
Beginning units		–		–	–		–	–		–	366		–

Units purchased		109		–	1,535		–	1,251		–	642		381
Units redeemed		(61	)	–	(33	)	–	(19	)	–	(468	)	(15	)

Ending units		48		–	1,502		–	1,232		–	540		366

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	GVITIDCon					GVITIDMod				GVITIDModAgg				GVITIDModCon
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	14		30		1,644		42		1,560		190		706		30
Realized gain (loss) on investments		(1	)	–		189		3		114		1		908		1
Change in unrealized gain (loss) on investments		(22	)	23		1,267		1		4,193		114		(67	)	85
Reinvested capital gains		–		12		1,284		8		1,748		198		348		6

Net increase (decrease) in contract owners’ equity resulting from operations		(9	)	65		4,384		54		7,615		503		1,895		122


Equity transactions:
Purchase payments received from contract owners (note 6)		–		–		13,706		960		11,816		–		–		–
Transfers between funds		(2,350	)	2,376		68,502		4,350		53,360		22,762		1,180		2,376
Surrenders (note 6)		–		–		–		–		(2	)	–		–		–
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		–		–		–		–		–		–		–		–
Deductions for surrender charges (note 2d)		–		–		–		–		(106	)	–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(44	)	(34	)	(18,468	)	(292	)	(9,210	)	(168	)	(2,910	)	(34	)
Asset charges (note 3)		(4	)	(4	)	(370	)	(2	)	(388	)	(10	)	(184	)	(4	)
Adjustments to maintain reserves		(13	)	17		(6	)	13		8		11		(3	)	12

Net equity transactions		(2,411	)	2,355		63,364		5,029		55,478		22,595		(1,917	)	2,350


Net change in contract owners’ equity		(2,420	)	2,420		67,748		5,083		63,093		23,098		(22	)	2,472
Contract owners’ equity beginning of period		2,420		–		5,083		–		23,098		–		2,472		–

Contract owners’ equity end of period	$	–		2,420		72,831		5,083		86,191		23,098		2,450		2,472


CHANGES IN UNITS:
Beginning units		232		–		468		–		2,082		–		232		–

Units purchased		–		235		7,616		495		6,067		2,098		3,608		235
Units redeemed		(232	)	(3	)	(1,718	)	(27	)	(893	)	(16	)	(3,620	)	(3	)

Ending units		–		232		6,366		468		7,256		2,082		220		232

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004

GVITIDAgg6

GVITIDCon6

GVITIDMod6

GVITIDModAgg6

Investment activity:

2005

2004

2005

2004

2005

2004

2005

2004

Net investment income (loss)

186

–

838

–

1,888

–

1,560

–

Realized gain (loss) on investments

–

334

–

1,199

–

Change in unrealized gain (loss) on investments

162

–

(1,172

)

–

1,400

–

Reinvested capital gains

212

–

768

–

1,296

–

1,612

–

Net increase (decrease) in contract owners’ equity resulting from operations

596

–

437

–

4,918

–

4,418

–

Equity transactions:

Purchase payments received from contract owners (note 6)

4,276

–

2,400

–

56,874

–

50,416

–

Transfers between funds

35,654

–

54,020

–

115,328

–

75,376

–

Surrenders (note 6)

–

(172

)

–

(174

)

–

(54

)

–

Death benefits (note 4)

–

Net policy repayments (loans) (note 5)

(19,432

)

–

(4,062

)

–

(4,118

)

–

Deductions for surrender charges (note 2d)

–

Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)

(1,378

)

–

(900

)

–

(11,538

)

–

(5,630

)

–

Asset charges (note 3)

(24

)

–

(82

)

–

(256

)

–

(230

)

–

Adjustments to maintain reserves

–

Net equity transactions

19,118

–

51,212

–

156,138

–

119,889

–

Net change in contract owners’ equity

19,714

–

51,649

–

161,056

–

124,307

–

Contract owners’ equity beginning of period

–

Contract owners’ equity end of period

19,714

–

51,649

–

161,056

–

124,307

–

CHANGES IN UNITS:

Beginning units

–

Units purchased

3,725

–

5,495

–

16,477

–

11,829

–

Units redeemed

(1,967

)

–

(505

)

–

(1,517

)

–

(553

)

–

Ending units

1,758

–

4,990

–

14,960

–

11,276

–

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	GVITIDModCon6				RyArktos				RyBank				RyBasicM
Investment activity:	2005			2004	2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	668		–	–		–		3,774		84		530		68
Realized gain (loss) on investments		45		–	(67,232	)	(175,683	)	(55,372	)	(307	)	(45,787	)	12,099
Change in unrealized gain (loss) on investments		(187	)	–	3,228		14		(1,002	)	546		(542	)	46
Reinvested capital gains		572		–	–		–		38,732		654		21,928		3,914

Net increase (decrease) in contract owners’ equity resulting from operations		1,098		–	(64,004	)	(175,669	)	(13,868	)	977		(23,871	)	16,127


Equity transactions:
Purchase payments received from contract owners (note 6)		2,542		–	4,038		1,598		4,732		1,860		15,228		2,084
Transfers between funds		60,978		–	342,780		197,604		24,506		57,136		(65,478	)	147,704
Surrenders (note 6)		(56	)	–	(30,224	)	(81	)	(29,090	)	(132	)	(6,204	)	(28	)
Death benefits (note 4)		–		–	–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(3,694	)	–	–		(60	)	–		–		(888	)	(8,132	)
Deductions for surrender charges (note 2d)		–		–	(3,438	)	–		(5,028	)	–		(3,012	)	–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(696	)	–	(21,432	)	(16,858	)	(5,360	)	(2,908	)	(9,252	)	(3,142	)
Asset charges (note 3)		(68	)	–	(1,022	)	(866	)	(268	)	(110	)	(586	)	(304	)
Adjustments to maintain reserves		28		–	16,482		3		10		23		77		14

Net equity transactions		59,034		–	307,184		181,340		(10,498	)	55,869		(70,115	)	138,196


Net change in contract owners’ equity		60,132		–	243,180		5,671		(24,366	)	56,846		(93,986	)	154,323
Contract owners’ equity beginning of period		–		–	5,671		–		56,846		–		154,323		–

Contract owners’ equity end of period	$	60,132		–	248,851		5,671		32,480		56,846		60,337		154,323


CHANGES IN UNITS:
Beginning units		–		–	706		–		4,394		–		10,942		–

Units purchased		6,123		–	36,699		2,640		1,350		4,668		1,489		11,795
Units redeemed		(427	)	–	(6,813	)	(1,934	)	(3,162	)	(274	)	(8,319	)	(853	)

Ending units		5,696		–	30,592		706		2,582		4,394		4,112		10,942

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyBioTech					RyConsProd				RyElec				RyEng
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–		470		34		–		–		108		6
Realized gain (loss) on investments		19,114		69		(5,276	)	(7,268	)	(1,609	)	(11,332	)	72,269		14,967
Change in unrealized gain (loss) on investments		(202	)	(265	)	(802	)	580		(3,527	)	2,962		(5,641	)	819
Reinvested capital gains		–		–		2,842		1,524		–		–		31,174		44

Net increase (decrease) in contract owners’ equity resulting from operations		18,912		(196	)	(2,766	)	(5,130	)	(5,136	)	(8,370	)	97,910		15,836


Equity transactions:
Purchase payments received from contract owners (note 6)		6,692		3,502		7,510		7,868		9,610		4,446		24,402		14,140
Transfers between funds		182,244		78,736		(89,182	)	112,842		(160,224	)	226,132		81,890		135,742
Surrenders (note 6)		(10,174	)	(110	)	(2,230	)	(20	)	(1,666	)	(58	)	(566	)	(85	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(384	)	–		166		(6,058	)	–		–		(6,558	)	(26,634	)
Deductions for surrender charges (note 2d)		(1,214	)	–		(298	)	–		(508	)	–		(166	)	–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(7,958	)	(1,844	)	(3,874	)	(2,026	)	(6,462	)	(1,628	)	(39,034	)	(3,990	)
Asset charges (note 3)		(502	)	(146	)	(276	)	(174	)	(280	)	(94	)	(1,988	)	(316	)
Adjustments to maintain reserves		(229	)	10		73		19		7		7		(10	)	33

Net equity transactions		168,475		80,148		(88,111	)	112,451		(159,523	)	228,805		57,970		118,890


Net change in contract owners’ equity		187,387		79,952		(90,877	)	107,321		(164,659	)	220,435		155,880		134,726
Contract owners’ equity beginning of period		79,952		–		107,321		–		223,982		3,547		134,726		–

Contract owners’ equity end of period	$	267,339		79,952		16,444		107,321		59,323		223,982		290,606		134,726


CHANGES IN UNITS:
Beginning units		7,664		–		8,724		–		26,786		331		9,006		–

Units purchased		17,371		7,874		1,944		9,456		1,241		26,661		7,691		11,172
Units redeemed		(1,879	)	(210	)	(9,326	)	(732	)	(21,197	)	(206	)	(2,675	)	(2,166	)

Ending units		23,156		7,664		1,342		8,724		6,830		26,786		14,022		9,006

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyEnSvc					RyFinSvc				RyHealthC				RyNet
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–		956		132		–		–		–		–
Realized gain (loss) on investments		123,864		(104,469	)	(2,511	)	3,888		10,540		(3,625	)	(14,512	)	(20,913	)
Change in unrealized gain (loss) on investments		(11,666	)	772		(1,915	)	1,574		(244	)	188		(2,949	)	(243	)
Reinvested capital gains		–		–		7,722		–		–		576		5,312		–

Net increase (decrease) in contract owners’ equity resulting from operations		112,198		(103,697	)	4,252		5,594		10,296		(2,861	)	(12,149	)	(21,156	)


Equity transactions:
Purchase payments received from contract owners (note 6)		66,936		33,934		2,870		2,064		10,274		2,484		9,588		5,160
Transfers between funds		117,360		195,066		(20,610	)	79,184		86,768		64,428		40,566		134,608
Surrenders (note 6)		(39,436	)	(2	)	(11,982	)	–		(4,456	)	(5	)	(182	)	(56	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(778	)	(26,634	)	(404	)	–		(1,398	)	–		–		(7,934	)
Deductions for surrender charges (note 2d)		(4,096	)	–		(1,158	)	–		(758	)	–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(28,370	)	(3,324	)	(7,598	)	(2,704	)	(9,846	)	(2,260	)	(3,632	)	(5,764	)
Asset charges (note 3)		(1,464	)	(276	)	(392	)	(136	)	(662	)	(114	)	(214	)	(530	)
Adjustments to maintain reserves		97		25		–		22		73		22		7		20

Net equity transactions		110,249		198,789		(39,274	)	78,430		79,995		64,555		46,133		125,504


Net change in contract owners’ equity		222,447		95,092		(35,022	)	84,024		90,291		61,694		33,984		104,348
Contract owners’ equity beginning of period		95,092		–		84,024		–		61,694		–		107,863		3,515

Contract owners’ equity end of period	$	317,539		95,092		49,002		84,024		151,985		61,694		141,847		107,863


CHANGES IN UNITS:
Beginning units		6,832		–		6,502		–		5,430		–		8,104		306

Units purchased		12,466		9,094		232		6,742		8,111		5,649		3,389		8,932
Units redeemed		(3,914	)	(2,262	)	(3,066	)	(240	)	(1,451	)	(219	)	(687	)	(1,134	)

Ending units		15,384		6,832		3,668		6,502		12,090		5,430		10,806		8,104

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyInvDyn30					RyInvMidCap				RyInvSmCap				RyJuno
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	1,420		–		500		–		1,928		–		–		–
Realized gain (loss) on investments		(6,166	)	(4,846	)	(43,785	)	(1,422	)	(169,859	)	(52,840	)	63,517		(28,576	)
Change in unrealized gain (loss) on investments		5,372		(4,467	)	(430	)	–		(134	)	1		6,721		(6,075	)
Reinvested capital gains		–		2,480		–		–		–		–		–		3,076

Net increase (decrease) in contract owners’ equity resulting from operations		626		(6,833	)	(43,715	)	(1,422	)	(168,065	)	(52,839	)	70,238		(31,575	)


Equity transactions:
Purchase payments received from contract owners (note 6)		11,090		17,176		728		14		1,038		1,992		24,196		4,162
Transfers between funds		(17,000	)	113,990		60,296		1,668		302,832		83,648		(293,802	)	421,520
Surrenders (note 6)		(408	)	–		(308	)	–		(1,992	)	(173	)	(1,234	)	(1,020	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(648	)	(17,902	)	(2	)	–		(44,368	)	(22,948	)	(3,340	)	536
Deductions for surrender charges (note 2d)		(158	)	–		–		–		(214	)	–		(216	)	(447	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(9,076	)	(1,120	)	(1,052	)	(180	)	(9,552	)	(9,112	)	(24,812	)	(14,130	)
Asset charges (note 3)		(436	)	(86	)	(106	)	(14	)	(764	)	(556	)	(1,238	)	(660	)
Adjustments to maintain reserves		141		6		5		4		(7	)	5		(442	)	804

Net equity transactions		(16,495	)	112,064		59,561		1,492		246,973		52,856		(300,888	)	410,765


Net change in contract owners’ equity		(15,869	)	105,231		15,846		70		78,908		17		(230,650	)	379,190
Contract owners’ equity beginning of period		105,231		–		70		–		17		–		379,190		–

Contract owners’ equity end of period	$	89,362		105,231		15,916		70		78,925		17		148,540		379,190


CHANGES IN UNITS:
Beginning units		11,886		–		8		–		2		–		45,952		–

Units purchased		3,854		13,792		2,130		28		15,854		3,140		6,930		47,790
Units redeemed		(5,808	)	(1,906	)	(170	)	(20	)	(6,350	)	(3,138	)	(33,886	)	(1,838	)

Ending units		9,932		11,886		1,968		8		9,506		2		18,996		45,952

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyLgCapEuro					RyLgCapGr				RyLgCapJapan				RyLgCapVal
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	4,428		18,654		172		1,456		–		–		290		520
Realized gain (loss) on investments		45,554		21,470		(1,814	)	2,223		28,673		5,345		(2,567	)	2,598
Change in unrealized gain (loss) on investments		19,075		(17,852	)	(2,408	)	(3,158	)	39,849		1,572		593		(1,682	)
Reinvested capital gains		6,456		322		4,032		1,712		–		–		2,066		1,478

Net increase (decrease) in contract owners’ equity resulting from operations		75,513		22,594		(18	)	2,233		68,522		6,917		382		2,914


Equity transactions:
Purchase payments received from contract owners (note 6)		34,528		4,908		15,426		572		40,906		17,242		862		(2	)
Transfers between funds		(21,386	)	138,838		3,834		261,396		340,974		92,426		(12,320	)	101,184
Surrenders (note 6)		(38,414	)	(206	)	(40,590	)	(98	)	(40,052	)	–		(28,948	)	–
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(5,460	)	–		(7,532	)	–		(4,262	)	(12,188	)	–		–
Deductions for surrender charges (note 2d)		(5,706	)	–		(6,218	)	–		(3,890	)	–		(3,062	)	–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(24,108	)	(3,830	)	(8,640	)	(1,210	)	(15,302	)	(1,614	)	(5,066	)	(890	)
Asset charges (note 3)		(1,514	)	(216	)	(520	)	(74	)	(620	)	(122	)	(266	)	(82	)
Adjustments to maintain reserves		(275	)	23		3		8		550		20		23		3

Net equity transactions		(62,335	)	139,517		(44,237	)	260,594		318,304		95,764		(48,777	)	100,213


Net change in contract owners’ equity		13,178		162,111		(44,255	)	262,827		386,826		102,681		(48,395	)	103,127
Contract owners’ equity beginning of period		162,111		–		262,827		–		102,681		–		103,127		–

Contract owners’ equity end of period	$	175,289		162,111		218,572		262,827		489,507		102,681		54,732		103,127


CHANGES IN UNITS:
Beginning units		10,914		–		25,208		–		8,582		–		9,168		–

Units purchased		5,212		11,231		13,092		25,344		30,318		9,871		11,946		9,262
Units redeemed		(5,030	)	(317	)	(17,702	)	(136	)	(4,904	)	(1,289	)	(16,444	)	(94	)

Ending units		11,096		10,914		20,598		25,208		33,996		8,582		4,670		9,168

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyLeisure					RyLongDyn30				RyMedius				RyMekros
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–		2,712		29,402		–		–		134,156		–
Realized gain (loss) on investments		(5,988	)	4,763		(64,596	)	(20	)	102,079		(20,401	)	(233,821	)	305,281
Change in unrealized gain (loss) on investments		(3,102	)	3,094		33,341		(37,260	)	(26,202	)	12,951		(222,883	)	160,692
Reinvested capital gains		3,292		54		23,594		3,088		1,450		23,054		–		22,928

Net increase (decrease) in contract owners’ equity resulting from operations		(5,798	)	7,911		(4,949	)	(4,790	)	77,327		15,604		(322,548	)	488,901


Equity transactions:
Purchase payments received from contract owners (note 6)		7,974		2,530		112,552		–		50,718		30,432		166,714		118,516
Transfers between funds		(169,730	)	164,198		(237,610	)	733,972		239,324		462,226		(1,379,430	)	3,641,448
Surrenders (note 6)		(240	)	–		(7,834	)	–		(18,962	)	(646	)	(14,294	)	(1,953	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(2	)	–		(10,780	)	–		(10,830	)	364		(322,980	)	(329,054	)
Deductions for surrender charges (note 2d)		–		–		(986	)	–		(4,916	)	(299	)	(4,400	)	(303	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(3,358	)	(1,326	)	(20,412	)	(50	)	(60,196	)	(13,976	)	(147,714	)	(44,468	)
Asset charges (note 3)		(236	)	(112	)	(1,060	)	(2	)	(3,192	)	(888	)	(8,364	)	(3,130	)
Adjustments to maintain reserves		9		16		10		14		(7	)	50		1		31

Net equity transactions		(165,583	)	165,306		(166,120	)	733,934		191,939		477,263		(1,710,467	)	3,381,087


Net change in contract owners’ equity		(171,381	)	173,217		(171,069	)	729,144		269,266		492,867		(2,033,015	)	3,869,988
Contract owners’ equity beginning of period		173,217		–		729,144		–		492,867		–		3,869,988		–

Contract owners’ equity end of period	$	1,836		173,217		558,075		729,144		762,133		492,867		1,836,973		3,869,988


CHANGES IN UNITS:
Beginning units		12,566		–		67,110		–		35,336		–		270,782		–

Units purchased		1,755		12,682		12,751		67,114		19,940		36,591		13,136		298,156
Units redeemed		(14,181	)	(116	)	(26,463	)	(4	)	(7,374	)	(1,255	)	(160,228	)	(27,374	)

Ending units		140		12,566		53,398		67,110		47,902		35,336		123,690		270,782

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyMidCapGr					RyMidCapVal				RyNova				RyOTC
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–		228		28		1,404		66		–		–
Realized gain (loss) on investments		2,409		3,904		(23,257	)	3,721		28,692		18,072		53,269		81,029
Change in unrealized gain (loss) on investments		(2,467	)	302		9,253		(9,682	)	(24,380	)	17,642		(60,533	)	11,745
Reinvested capital gains		–		–		12,028		10,546		–		–		–		–

Net increase (decrease) in contract owners’ equity resulting from operations		(58	)	4,206		(1,748	)	4,613		5,716		35,780		(7,264	)	92,774


Equity transactions:
Purchase payments received from contract owners (note 6)		8,242		(6	)	11,184		1,794		26,864		16,978		49,080		3,024
Transfers between funds		156,238		255,964		(179,412	)	215,244		(39,518	)	563,000		1,551,706		687,862
Surrenders (note 6)		(12,346	)	(265	)	(254	)	(20	)	(8,684	)	(1,311	)	(10,068	)	(1,508	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(11,136	)	–		(4,060	)	–		(9,308	)	730		(19,162	)	730
Deductions for surrender charges (note 2d)		(3,342	)	–		(54	)	–		(1,646	)	(595	)	(6,240	)	(599	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(10,314	)	(1,390	)	(11,278	)	(1,674	)	(32,580	)	(17,028	)	(45,582	)	(22,772	)
Asset charges (note 3)		(562	)	(98	)	(474	)	(130	)	(1,920	)	(962	)	(2,764	)	(1,266	)
Adjustments to maintain reserves		(15	)	19		36		1		1		20		(99	)	9

Net equity transactions		126,765		254,224		(184,312	)	215,215		(66,791	)	560,832		1,516,871		665,480


Net change in contract owners’ equity		126,707		258,430		(186,060	)	219,828		(61,075	)	596,612		1,509,607		758,254
Contract owners’ equity beginning of period		258,430		–		219,828		–		596,612		–		758,254		–

Contract owners’ equity end of period	$	385,137		258,430		33,768		219,828		535,537		596,612		2,267,861		758,254


CHANGES IN UNITS:
Beginning units		23,814		–		19,082		–		45,914		–		64,918		–

Units purchased		11,465		23,987		2,091		19,254		25,241		47,541		134,416		67,272
Units redeemed		(3,439	)	(173	)	(18,467	)	(172	)	(31,513	)	(1,627	)	(7,306	)	(2,354	)

Ending units		31,840		23,814		2,706		19,082		39,642		45,914		192,028		64,918

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyPrecMet					RyRealEst				RyRetail				RySectRot
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–		3,682		526		–		–		–		–
Realized gain (loss) on investments		37,894		(104,833	)	14,818		20,914		(16,448	)	(1,082	)	9,856		3,025
Change in unrealized gain (loss) on investments		18,069		(254	)	(2,136	)	859		29		(52	)	3,172		2,124
Reinvested capital gains		–		–		–		564		1,520		270		–		–

Net increase (decrease) in contract owners’ equity resulting from operations		55,963		(105,087	)	16,364		22,863		(14,899	)	(864	)	13,028		5,149


Equity transactions:
Purchase payments received from contract owners (note 6)		9,400		21,236		19,992		5,706		2,814		882		31,516		3,882
Transfers between funds		237,224		204,084		(30,766	)	118,926		11,530		21,786		94,468		131,832
Surrenders (note 6)		(58	)	–		(9,614	)	(65	)	(106	)	–		(196	)	–
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(490	)	(38,602	)	(16	)	–		–		–		(14	)	–
Deductions for surrender charges (note 2d)		–		–		(3,678	)	–		–		–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(11,608	)	(2,620	)	(12,240	)	(5,112	)	(3,908	)	(550	)	(16,082	)	(3,934	)
Asset charges (note 3)		(640	)	(200	)	(934	)	(278	)	(266	)	(46	)	(608	)	(104	)
Adjustments to maintain reserves		790		20		26		15		10		14		7		23

Net equity transactions		234,618		183,918		(37,230	)	119,192		10,074		22,086		109,091		131,699


Net change in contract owners’ equity		290,581		78,831		(20,866	)	142,055		(4,825	)	21,222		122,119		136,848
Contract owners’ equity beginning of period		78,831		–		142,055		–		21,222		–		136,848		–

Contract owners’ equity end of period	$	369,412		78,831		121,189		142,055		16,397		21,222		258,967		136,848


CHANGES IN UNITS:
Beginning units		7,414		–		9,892		–		1,914		–		11,686		–

Units purchased		22,570		11,439		1,682		10,314		1,804		1,971		9,142		12,058
Units redeemed		(1,244	)	(4,025	)	(3,698	)	(422	)	(2,316	)	(57	)	(1,380	)	(372	)

Ending units		28,740		7,414		7,876		9,892		1,402		1,914		19,448		11,686

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RySmCapGr					RySmCapVal				RyTech				RyTele
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	–		–		–		86		–		–		–		–
Realized gain (loss) on investments		(18,272	)	9,699		(14,294	)	19,328		8,606		(8,823	)	(15,852	)	(8,190	)
Change in unrealized gain (loss) on investments		(7,175	)	(3,260	)	3,065		(3,648	)	(2,486	)	(190	)	(644	)	64
Reinvested capital gains		11,910		5,122		11,402		5,160		–		972		17,386		–

Net increase (decrease) in contract owners’ equity resulting from operations		(13,537	)	11,561		173		20,926		6,120		(8,041	)	890		(8,126	)


Equity transactions:
Purchase payments received from contract owners (note 6)		18,364		638		10,086		374		17,266		3,158		6,684		2,300
Transfers between funds		(45,958	)	338,582		(104,038	)	187,138		97,854		44,162		27,470		25,290
Surrenders (note 6)		(19,416	)	(347	)	(4,188	)	(580	)	(426	)	(97	)	(462	)	(127	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(12,228	)	–		(1,880	)	–		(24	)	(8,060	)	(24	)	(8,014	)
Deductions for surrender charges (note 2d)		(4,286	)	–		(266	)	–		–		–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(12,892	)	(3,220	)	(8,350	)	(4,360	)	(8,422	)	(2,670	)	(5,422	)	(2,006	)
Asset charges (note 3)		(648	)	(178	)	(400	)	(254	)	(424	)	(138	)	(268	)	(92	)
Adjustments to maintain reserves		(280	)	17		20		8		22		16		16		24

Net equity transactions		(77,344	)	335,492		(109,016	)	182,326		105,846		36,371		27,994		17,375


Net change in contract owners’ equity		(90,881	)	347,053		(108,843	)	203,252		111,966		28,330		28,884		9,249
Contract owners’ equity beginning of period		347,053		–		203,252		–		31,753		3,423		9,249		–

Contract owners’ equity end of period	$	256,172		347,053		94,409		203,252		143,719		31,753		38,133		9,249


CHANGES IN UNITS:
Beginning units		29,966		–		17,220		–		2,962		323		742		–

Units purchased		1,949		30,316		1,304		17,705		10,917		3,677		2,787		1,585
Units redeemed		(11,087	)	(350	)	(10,806	)	(485	)	(877	)	(1,038	)	(505	)	(843	)

Ending units		20,828		29,966		7,718		17,220		13,002		2,962		3,024		742

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyTitan500					RyTrans				RyUSGvtBd				RyUrsa
Investment activity:	2005			2004		2005		2004		2005		2004		2005		2004
Net investment income (loss)	$	400		–		–		–		22,354		6,018		–		–
Realized gain (loss) on investments		(181,922	)	(24,437	)	8,701		8,302		26,128		(51,928	)	(25,320	)	(29,499	)
Change in unrealized gain (loss) on investments		8,526		(17,188	)	(2,077	)	1,566		(3,189	)	614		2,811		(135	)
Reinvested capital gains		34,852		26,908		690		688		–		16,084		–		–

Net increase (decrease) in contract owners’ equity resulting from operations		(138,144	)	(14,717	)	7,314		10,556		45,293		(29,212	)	(22,509	)	(29,634	)


Equity transactions:
Purchase payments received from contract owners (note 6)		20,190		2,496		4,762		1,196		15,530		40,980		19,214		9,756
Transfers between funds		(403,216	)	957,876		58,968		51,092		773,862		74,430		723,492		61,158
Surrenders (note 6)		(7,442	)	(54	)	(56	)	(29	)	(76,112	)	(179	)	(558	)	(424	)
Death benefits (note 4)		–		–		–		–		–		–		–		–
Net policy repayments (loans) (note 5)		(9,592	)	–		–		–		(93,778	)	(8	)	–		(22,978	)
Deductions for surrender charges (note 2d)		(1,082	)	–		–		–		(10,054	)	–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(42,394	)	(13,636	)	(2,496	)	(968	)	(30,902	)	(13,056	)	(29,730	)	(9,040	)
Asset charges (note 3)		(2,052	)	(530	)	(194	)	(118	)	(1,960	)	(592	)	(940	)	(404	)
Adjustments to maintain reserves		(24	)	35		(19	)	27		(763	)	(242	)	88		8

Net equity transactions		(445,612	)	946,187		60,965		51,200		575,823		101,333		711,566		38,076


Net change in contract owners’ equity		(583,756	)	931,470		68,279		61,756		621,116		72,121		689,057		8,442
Contract owners’ equity beginning of period		931,636		166		61,756		–		72,121		–		8,442		–

Contract owners’ equity end of period	$	347,880		931,636		130,035		61,756		693,237		72,121		697,499		8,442


CHANGES IN UNITS:
Beginning units		67,356		14		4,710		–		6,408		–		1,028		–

Units purchased		3,880		68,518		4,715		4,804		86,513		9,224		88,362		4,623
Units redeemed		(46,908	)	(1,176	)	(283	)	(94	)	(35,723	)	(2,816	)	(3,794	)	(3,595	)

Ending units		24,328		67,356		9,142		4,710		57,198		6,408		85,596		1,028

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2005 and 2004


	RyUtil					RyVel100
Investment activity:	2005			2004		2005		2004
Net investment income (loss)	$	1,464		1,140		–		3,140
Realized gain (loss) on investments		7,577		10,794		28,511		62,468
Change in unrealized gain (loss) on investments		(973	)	(256	)	(49,004	)	10,498
Reinvested capital gains		–		–		–		140

Net increase (decrease) in contract owners’ equity resulting from operations		8,068		11,678		(20,493	)	76,246


Equity transactions:
Purchase payments received from contract owners (note 6)		9,310		6,352		77,006		37,856
Transfers between funds		53,254		79,744		815,776		923,916
Surrenders (note 6)		(6,336	)	(58	)	(648	)	–
Death benefits (note 4)		–		–		–		–
Net policy repayments (loans) (note 5)		(960	)	(6,028	)	(22	)	(6	)
Deductions for surrender charges (note 2d)		(1,352	)	–		–		–
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(13,620	)	(2,474	)	(50,178	)	(16,082	)
Asset charges (note 3)		(908	)	(186	)	(2,870	)	(762	)
Adjustments to maintain reserves		412		7		(6,180	)	39

Net equity transactions		39,800		77,357		832,884		944,961


Net change in contract owners’ equity		47,868		89,035		812,391		1,021,207
Contract owners’ equity beginning of period		89,035		–		1,021,207		–

Contract owners’ equity end of period	$	136,903		89,035		1,833,598		1,021,207


CHANGES IN UNITS:
Beginning units		6,982		–		79,288		–

Units purchased		4,407		7,741		72,321		80,768
Units redeemed		(1,679	)	(759	)	(4,795	)	(1,480	)

Ending units		9,710		6,982		146,814		79,288

See accompanying notes to financial statements.

NATIONWIDE VLI SEPARATE ACCOUNT-6

NOTES TO FINANCIAL STATEMENTS

December 31, 2005 and 2004

(1)

Background and Summary of Significant Accounting Policies

(a)

Organization and Nature of Operations

The Nationwide VLI Separate Account-6 (The Account) was established pursuant to a resolution of the Board of Directors of Nationwide Life Insurance Company (the Company) on July, 10 2001 and commenced operations on November 30, 2003. The Account is registered as a unit investment trust under the Investment Company Act of 1940.

The Company offers Flexible Premium Variable Universal Life Insurance Policies through the Account. The primary distribution for contracts is through wholesalers and brokers.

(b)

The Contracts

Only policies with a front-end sales charge, a contingent deferred 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.

Policy owners may invest in the following:

Portfolios of the American Century Variable Portfolios, Inc. (American Century VP);

American Century VP – Income & Growth Fund – Class I (ACVPIncGr)*

American Century VP – Ultra^® Fund – Class I (ACVPUltra)*

American Century VP – Value Fund – Class I (ACVPVal)*

Portfolios of the American Century Variable Portfolios, Inc. (American Century VP II);

American Century VP II – Income & Growth Fund – Class II (ACVPIncGr2)

American Century VP II – Ultra^® Fund – Class II (ACVPUltra2)

American Century VP II – Value Fund – Class II (ACVPVal2)

Portfolios of the American Century Variable Portfolios, Inc. (American Century VP III);

American Century VP III – Income & Growth Fund – Class III (ACVPIncGr3)

American Century VP III – Ultra^® Fund – Class III (ACVPUltra3)

American Century VP III – Value Fund – Class III (ACVPVal3)

Portfolios of the Fidelity^® Variable Insurance Products (Fidelity^® VIP);

Fidelity^® VIP – Equity-Income Portfolio: Service Class 2 (FidVIPEI2)

Fidelity^® VIP – Equity-Income Portfolio: Service Class 2 R (FidVIPEI2R)

Fidelity^® VIP – Growth Portfolio: Service Class 2 (FidVIPGr2)

Fidelity^® VIP – Growth Portfolio: Service Class 2 R (FidVIPGr2R)

Portfolios of the Fidelity^® Variable Insurance Products (Fidelity^® VIP II);

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class 2 (FidVIPCon2)

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class 2 R (FidVIPCon2R)

Funds of the Gartmore Variable Insurance Trust (Gartmore GVIT)

(Gartmore is an affiliate of the Company);

Gartmore GVIT – Government Bond Fund: Class I (GVITGvtBd)

Gartmore GVIT – Mid Cap Growth Fund: Class I (GVITSMdCpGr)

Gartmore GVIT – Money Market Fund II – Class I (GVITMyMkt2)

Gartmore GVIT – Nationwide^® Fund: Class I (GVITNWFund)*

Gartmore GVIT – Small Cap Growth Fund: Class I (GVITSmCapGr)*

Gartmore GVIT – Small Cap Value Fund: Class I (GVITSmCapVal)*

Gartmore GVIT – Small Company Fund: Class I (GVITSmComp)*

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)

Funds of the Gartmore Variable Insurance Trust (Gartmore GVIT II)

(Gartmore is an affiliate of the Company);

Gartmore GVIT II – Government Bond Fund: Class II (GVITGvtBd2)*

Gartmore GVIT II – Nationwide^® Fund: Class II (GVITNWFund2)

Gartmore GVIT II – Small Cap Growth Fund: Class II (GVITSmCapGr2)

Gartmore GVIT II – Small Cap Value Fund: Class II (GVITSmCapVal2)

Gartmore GVIT II – Small Company Fund: Class II (GVITSmComp2)

Funds of the Gartmore Variable Insurance Trust (Gartmore GVIT III)

(Gartmore is an affiliate of the Company);

Gartmore GVIT III – Government Bond Fund: Class III (GVITGvtBd3)

Gartmore GVIT III – Mid Cap Growth Fund: Class III (GVITSMdCpGr3)

Gartmore GVIT III – Nationwide^® Fund: Class III (GVITNWFund3)

Gartmore GVIT III – Small Cap Growth Fund: Class III (GVITSmCapGr3)

Gartmore GVIT III – Small Cap Value Fund: Class III (GVITSmCapVal3)

Gartmore GVIT III – Small Company Fund: Class III (GVITSmComp3)

Funds of the Gartmore Variable Insurance Trust – Investor Destinations (Gartmore GVIT ID II)

(Gartmore is an affiliate of the Company);

Gartmore GVIT ID II – Aggressive Fund – Class II (GVITIDAgg)

Gartmore GVIT ID II – Conservative Fund – Class II (GVITIDCon)*

Gartmore GVIT ID II – Moderate Fund – Class II (GVITIDMod)

Gartmore GVIT ID II – Moderately Aggressive Fund – Class II (GVITIDModAgg)

Gartmore GVIT ID II – Moderately Conservative Fund – Class II (GVITIDModCon)

Funds of the Gartmore Variable Insurance Trust – Investor Destinations (Gartmore GVIT ID VI)

(Gartmore is an affiliate of the Company);

Gartmore GVIT ID VI – Aggressive Fund – Class VI (GVITIDAgg6)

Gartmore GVIT ID VI – Conservative Fund – Class VI (GVITIDCon6)

Gartmore GVIT ID VI – Moderate Fund – Class VI (GVITIDMod6)

Gartmore GVIT ID VI – Moderately Aggressive Fund – Class VI (GVITIDModAgg6)

Gartmore GVIT ID VI – Moderately Conservative Fund – Class VI (GVITIDModCon6)

Funds of the Rydex Variable Trust (Rydex VT);

Rydex VT – Arktos Fund (RyArktos)

Rydex VT – Banking Fund (RyBank)

Rydex VT – Basic Materials Fund (RyBasicM)

Rydex VT – Biotechnology Fund (RyBioTech)

Rydex VT – Consumer Products Fund (RyConsProd)

Rydex VT – Electronics Fund (RyElec)

Rydex VT – Energy Fund (RyEng)

Rydex VT – Energy Services Fund (RyEnSvc)

Rydex VT – Financial Services Fund (RyFinSvc)

Rydex VT – Health Care Fund (RyHealthC)

Rydex VT – Internet Fund (RyNet)

Rydex VT – Inverse Dynamic Dow 30 Fund (RyInvDyn30)

Rydex VT – Inverse Mid Cap Fund (RyInvMidCap)

Rydex VT – Inverse Small Cap Fund (RyInvSmCap)

Rydex VT – Juno Fund (RyJuno)

Rydex VT – Large Cap Europe Fund (RyLgCapEuro)

Rydex VT – Large Cap Growth Fund (RyLgCapGr)

Rydex VT – Large Cap Japan Fund (RyLgCapJapan)

Rydex VT – Large Cap Value Fund (RyLgCapVal)

Rydex VT – Leisure Fund (RyLeisure)

Rydex VT – Long Dynamic Dow 30 Fund (RyLongDyn30)

Rydex VT – Medius Fund (RyMedius)

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)

Rydex VT – Mekros Fund (RyMekros)

Rydex VT – Mid Cap Growth Fund (RyMidCapGr)

Rydex VT – Mid Cap Value Fund (RyMidCapVal)

Rydex VT – Nova Fund (RyNova)

Rydex VT – OTC Fund (RyOTC)

Rydex VT – Precious Metals Fund (RyPrecMet)

Rydex VT – Real Estate Fund (RyRealEst)

Rydex VT – Retailing Fund (RyRetail)

Rydex VT – Sector Rotation Fund (RySectRot)

Rydex VT – Small Cap Growth Fund (RySmCapGr)

Rydex VT – Small Cap Value Fund (RySmCapVal)

Rydex VT – Technology Fund (RyTech)

Rydex VT – Telecommunications Fund (RyTele)

Rydex VT – Titan 500 Fund (RyTitan500)

Rydex VT – Transportation Fund (RyTrans)

Rydex VT – U.S. Government Bond Fund (RyUSGvtBd)

Rydex VT – Ursa Fund (RyUrsa)

Rydex VT – Utilities Fund (RyUtil)

Rydex VT – Velocity 100 Fund (RyVel100)

At December 31, 2005, contract owners were invested in all of the above funds except those noted with an asterisk (*). The contract owners’ equity is affected by the investment results of each fund, equity transactions by contract owners and certain contract expenses (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.

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.

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.

(c)

Security Valuation, Transactions and Related Investment Income

Investments in underlying mutual funds are valued on the closing net asset value per share at December 31, 2005 of such funds, which value their investment securities at fair value. Fund purchases and sales are accounted for on the trade date (date the order to buy or sell is executed). The cost of investments sold is determined on a specific identification basis, and dividends (which include capital gain distributions) are accrued as of the ex-dividend date and are reinvested in the underlying mutual funds.

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)

(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 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.

(2)

Policy Charges

(a)

Deductions from Premiums

The Company deducts a premium load charge to cover sales loads and state premium taxes. The sales load portion of the premium load charge is $5 per $1,000 of premium and covers sales expenses incurred by the Company. The premium tax portion of the premium load charge is $35 per $1,000 of premium and is used to reimburse the Company for state and local premium taxes (at the estimated rate of 2.25%), and for federal premium taxes (at the estimated rate of 1.25%).

For the periods ended December 31, 2005 and 2004, total front-end sales charge deductions were $533,767 and $858,107, respectively.

(b)

Cost of Insurance

A cost of insurance charge is assessed monthly against each contract. 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). This charge is assessed monthly against each contract by liquidating units.

(c)

Administrative Charges

The Company currently deducts $10 per month through the first year from the policy date, which is also the maximum guaranteed administrative charge. Thereafter, the Company will deduct $5 per month, and the maximum guaranteed administrative charge is $7.50 per month. These charges are assessed against each contract monthly by liquidating units.

(d)

Surrender Charges

Policy surrenders result in a redemption of the contract value from the Account and payment of the surrender proceeds to the contract owner or designee. The surrender proceeds consist of the contract value, less any outstanding policy loans and less a surrender charge if applicable. The amount of the charge is based upon a specified percentage of the initial surrender charge which varies by age, sex and rate class. The surrender charge is 100% of the initial surrender charge in the first year, and declines in specified percentages. After the ninth year, the charge is 0%.

Surrender charges are assessed by liquidating units. The Company may wave the surrender charge for certain contracts in which sales expenses normally associated with the distribution of a contract are not incurred.

(3)

Asset Charges

The Company deducts a monthly asset fee from each contract. This charge is $0.60 on the first $25,000 of cash value. During the first through fifteenth years from the policy date, the charge is $0.30 per $1,000 of cash value thereafter. Otherwise, the charge is $0.20 per $1,000 of cash value thereafter. This charge is assessed monthly against each contract by liquidating units.

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)

(4)

Death Benefits

Death benefit proceeds result in the 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. The contracts have a minimum required death benefit. The minimum required death benefit is the lowest benefit that will qualify the policy as life insurance under Section 7702 of the Internal Revenue Code.

There are three options a contract owner may choose when determining the death benefit:

The death benefit will be the greater of the specified amount or minimum required death benefit;

The death benefit will be the greater of the specified amount plus the cash value as of the date of death, or the minimum required death benefit;

The death benefit will be the specified amount plus the accumulated premium account (which consists of all premium payments minus all partial surrenders to the date of death).

For any death benefit option, the calculation of the minimum required death benefit is shown on the Policy Data Page. Not all death benefit options are available in all states.

(5)

Policy Loans (Net of Repayments)

Contract provisions allow contract owners to borrow 90% of a policy’s variable cash surrender value plus 100% of a policy’s fixed cash surrender value less the applicable value of any surrender charges. Interest is charged on the outstanding loans and is due and payable in advance on the policy anniversary. In certain circumstances a contract owner may elect to use a Preferred Policy Loan. In this case, the loan value cannot exceed 5% of the policy’s cash surrender value as of the beginning of the year from the policy date.

At the time the loan is granted, the amount of the loan is transferred from the Account to the Company’s 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, subject to a guaranteed minimum rate. Interest credited is paid by the Company’s general account to the Account. Loan repayments result in a transfer of collateral including interest 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, preparation, 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 contact 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. The fixed account assets are not reflected in the accompanying financial statements.

For the periods ended December 31, 2005 and 2004, total transfers into the Account from the fixed account were $168,637 and $114,425, respectively, and total transfers from the Account to the fixed account were $2,236,023 and $4,864,502, respectively.

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)

(7)

Financial Highlights

The following is a summary of units, unit fair values and contract owners’ equity for variable life and annuity contracts as of the end of the periods indicated, and the contract expense rate, investment income ratio and total return for the two year period ended December 31, 2005 and the period November 30, 2003 (commencement of operations) through December 31, 2003.


	Contract Expense Rate*	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio	Total *Return*
American Century VP II – Income & Growth Fund – Class II
2005	0.00%	1,326	$	13.037836	$	17,288	34.55%	4.52%
2004	0.00%	2,714		12.474389		33,855	1.01%	12.57%

American Century VP II – Ultra^® Fund – Class II
2005	0.00%	5,704		11.942190		68,118	0.00%	1.97%
2004	0.00%	9,962		11.710979		116,665	0.00%	10.59%

American Century VP II – Value Fund – Class II
2005	0.00%	4,744		13.286571		63,031	1.04%	4.85%
2004	0.00%	9,250		12.671512		117,211	0.00%	14.17%

American Century VP III – Income & Growth Fund – Class III
2005	0.00%	5,672		10.774753		61,114	0.00%	7.75%	05/02/05

American Century VP III – Ultra^® Fund – Class III
2005	0.00%	2,692		11.043659		29,730	0.00%	10.44%	05/02/05

American Century VP III – Value Fund – Class III
2005	0.00%	14,436		10.803690		155,962	0.00%	8.04%	05/02/05

Fidelity^® VIP – Equity–Income Portfolio: Service Class
2004	0.00%	9,968		12.409671		123,700	0.18%	11.23%

Fidelity^® VIP – Equity–Income Portfolio: Service Class 2
2005	0.00%	9,668		13.100905		126,660	1.48%	5.57%

Fidelity^® VIP – Equity–Income Portfolio: Service Class 2 R
2005	0.00%	9,848		10.990361		108,233	0.00%	9.90%	05/02/05

Fidelity^® VIP – Growth Portfolio: Service Class
2004	0.00%	3,356		11.053471		37,095	0.11%	3.12%

Fidelity^® VIP – Growth Portfolio: Service Class 2
2005	0.00%	3,092		11.661647		36,058	0.25%	5.50%

Fidelity^® VIP – Growth Portfolio: Service Class 2 R
2005	0.00%	4,986		11.243640		56,061	0.00%	12.44%	05/02/05

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class
2004	0.00%	17,268		12.622344		217,963	0.04%	15.16%

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class 2
2005	0.00%	12,254		14.723477		180,421	0.14%	16.65%

Fidelity^® VIP II – Contrafund^® Portfolio: Service Class 2 R
2005	0.00%	16,980		11.961699		203,110	0.00%	19.62%	05/02/05

Gartmore GVIT – Government Bond Fund: Class I
2005	0.00%	4,484		10.980441		49,236	1.46%	3.26%
2004	0.00%	4,364		10.633428		46,404	4.89%	3.26%

Gartmore GVIT – Mid Cap Growth Fund: Class I
2005	0.00%	356		13.507474		4,809	0.00%	9.74%
2004	0.00%	496		12.308466		6,105	0.00%	15.34%

Gartmore GVIT – Money Market Fund II – Class I
2005	0.00%	1,663,006		10.272104		17,082,571	2.50%	2.26%
2004	0.00%	514,102		10.044777		5,164,040	0.62%	0.41%
2003	0.00%	16,351		10.003329		163,564	0.06%	0.03%	08/29/03

Gartmore GVIT – Small Cap Value Fund: Class I
2004	0.00%	1,850		13.422532		24,832	0.00%	17.00%

Gartmore GVIT – Small Company Fund: Class I
2004	0.00%	2,002		13.021653		26,069	0.00%	18.78%

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)


	Contract Expense Rate*	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio	Total *Return*
Gartmore GVIT II – Nationwide^® Fund: Class II
2005	0.00%	1,130	$	12.694519	$	14,345	0.42%	7.04%
2004	0.00%	9,566		11.859676		113,450	24.99%	9.53%

Gartmore GVIT II – Small Cap Growth Fund: Class II
2005	0.00%	222		12.561849		2,789	0.00%	7.73%
2004	0.00%	284		11.660011		3,311	0.00%	13.17%

Gartmore GVIT II – Small Cap Value Fund: Class II
2005	0.00%	1,076		13.795785		14,844	0.00%	2.78%

Gartmore GVIT II – Small Company Fund: Class II
2005	0.00%	2,012		14.584947		29,345	0.00%	12.01%

Gartmore GVIT III – Government Bond Fund: Class III
2005	0.00%	5,436		10.153318		55,193	3.43%	1.53%	05/02/05

Gartmore GVIT III – Mid Cap Growth Fund: Class III
2005	0.00%	1,624		11.730689		19,051	0.00%	17.31%	05/02/05

Gartmore GVIT III – Nationwide^® Fund: Class III
2005	0.00%	1,560		11.098742		17,314	0.83%	10.99%	05/02/05

Gartmore GVIT III – Small Cap Growth Fund: Class III
2005	0.00%	48		12.015208		577	0.00%	20.15%	05/02/05

Gartmore GVIT III – Small Cap Value Fund: Class III
2005	0.00%	1,502		11.447242		17,194	0.12%	14.47%	05/02/05

Gartmore GVIT III – Small Company Fund: Class III
2005	0.00%	1,232		11.693622		14,407	0.00%	16.94%	05/02/05

Gartmore GVIT ID II – Aggressive Fund – Class II
2005	0.00%	540		12.143224		6,557	1.85%	7.93%
2004	0.00%	366		11.250923		4,118	2.95%	12.51%	05/03/04

Gartmore GVIT ID II – Conservative Fund – Class II
2004	0.00%	232		10.429263		2,420	4.23%	4.29%	05/03/04

Gartmore GVIT ID II – Moderate Fund – Class II
2005	0.00%	6,366		11.440576		72,831	2.62%	5.34%
2004	0.00%	468		10.860228		5,083	1.54%	8.60%	05/03/04

Gartmore GVIT ID II – Moderately Aggressive Fund – Class II
2005	0.00%	7,256		11.878625		86,191	2.29%	7.07%
2004	0.00%	2,082		11.094081		23,098	0.82%	10.94%	05/03/04

Gartmore GVIT ID II – Moderately Conservative Fund – Class II
2005	0.00%	220		11.135379		2,450	2.11%	4.49%
2004	0.00%	232		10.657326		2,472	4.19%	6.57%	05/03/04

Gartmore GVIT ID VI – Aggressive Fund – Class VI
2005	0.00%	1,758		11.213798		19,714	2.78%	12.14%	05/02/05

Gartmore GVIT ID VI – Conservative Fund – Class VI
2005	0.00%	4,990		10.350568		51,649	1.90%	3.51%	05/02/05

Gartmore GVIT ID VI – Moderate Fund – Class VI
2005	0.00%	14,960		10.765754		161,056	2.34%	7.66%	05/02/05

Gartmore GVIT ID VI – Moderately Aggressive Fund – Class VI
2005	0.00%	11,276		11.024077		124,307	2.21%	10.24%	05/02/05

Gartmore GVIT ID VI – Moderately Conservative Fund – C lass VI
2005	0.00%	5,696		10.556801		60,132	1.93%	5.57%	05/02/05

Rydex VT – Arktos Fund
2005	0.00%	30,592		8.134507		248,851	0.00%	1.27%
2004	0.00%	706		8.032405		5,671	0.00%	-11.83%

Rydex VT – Banking Fund
2005	0.00%	2,582		12.579511		32,480	4.89%	-2.77%
2004	0.00%	4,394		12.937277		56,846	0.29%	14.74%

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)


	Contract Expense Rate*	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio	Total *Return*
Rydex VT – Basic Materials Fund
2005	0.00%	4,112	$	14.673284	$	60,337	0.40%	4.04%
2004	0.00%	10,942		14.103745		154,323	0.08%	20.83%

Rydex VT – Biotechnology Fund
2005	0.00%	23,156		11.545119		267,339	0.00%	10.67%
2004	0.00%	7,664		10.432198		79,952	0.00%	1.10%

Rydex VT – Consumer Products Fund
2005	0.00%	1,342		12.253101		16,444	0.53%	-0.40%
2004	0.00%	8,724		12.301853		107,321	0.09%	13.30%

Rydex VT – Electronics Fund
2005	0.00%	6,830		8.685720		59,323	0.00%	3.87%
2004	0.00%	26,786		8.361905		223,982	0.00%	-21.98%
2003	0.00%	331		10.717460		3,547	0.00%	7.17%	09/02/03

Rydex VT – Energy Fund
2005	0.00%	14,022		20.725001		290,606	0.02%	38.54%
2004	0.00%	9,006		14.959597		134,726	0.01%	32.27%

Rydex VT – Energy Services Fund
2005	0.00%	15,384		20.640855		317,539	0.00%	48.30%
2004	0.00%	6,832		13.918556		95,092	0.00%	33.74%

Rydex VT – Financial Services Fund
2005	0.00%	3,668		13.359373		49,002	1.03%	3.38%
2004	0.00%	6,502		12.922869		84,024	0.37%	17.12%

Rydex VT – Health Care Fund
2005	0.00%	12,090		12.571123		151,985	0.00%	10.64%
2004	0.00%	5,430		11.361762		61,694	0.00%	6.22%

Rydex VT – Internet Fund
2005	0.00%	10,806		13.126669		141,847	0.00%	-1.38%
2004	0.00%	8,104		13.309860		107,863	0.00%	15.87%
2003	0.00%	306		11.486698		3,515	0.00%	14.87%	09/02/03

Rydex VT – Inverse Dynamic Dow 30 Fund
2005	0.00%	9,932		8.997359		89,362	1.51%	1.63%
2004	0.00%	11,886		8.853319		105,231	0.00%	-11.47%	05/03/04

Rydex VT – Inverse Mid Cap Fund
2005	0.00%	1,968		8.087487		15,916	0.37%	-8.16%
2004	0.00%	8		8.806000		70	0.00%	-11.94%	05/03/04

Rydex VT – Inverse Small Cap Fund
2005	0.00%	9,506		8.302632		78,925	0.79%	-3.05%
2004	0.00%	2		8.564000		17	0.00%	-14.36%	05/03/04

Rydex VT – Juno Fund
2005	0.00%	18,996		7.819540		148,540	0.00%	-5.24%
2004	0.00%	45,952		8.251871		379,190	0.00%	-10.67%

Rydex VT – Large Cap Europe Fund
2005	0.00%	11,096		15.797477		175,289	0.69%	6.36%
2004	0.00%	10,914		14.853477		162,111	33.87%	16.15%

Rydex VT – Large Cap Growth Fund
2005	0.00%	20,598		10.611331		218,572	0.15%	1.77%
2004	0.00%	25,208		10.426349		262,827	2.64%	4.26%	05/03/04

Rydex VT – Large Cap Japan Fund
2005	0.00%	33,996		14.398959		489,507	0.00%	20.35%
2004	0.00%	8,582		11.964662		102,681	0.00%	10.33%

Rydex VT – Large Cap Value Fund
2005	0.00%	4,670		11.719808		54,732	0.37%	4.19%
2004	0.00%	9,168		11.248572		103,127	1.02%	12.49%	05/03/04

Rydex VT – Leisure Fund
2005	0.00%	140		13.113391		1,836	0.00%	-4.87%
2004	0.00%	12,566		13.784595		173,217	0.00%	23.86%

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)


	Contract Expense Rate*	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio	Total *Return*
Rydex VT – Long Dynamic Dow 30 Fund
2005	0.00%	53,398	$	10.451225	$	558,075	1.00%	-3.81%
2004	0.00%	67,110		10.864909		729,144	24.03%	8.65%	05/03/04

Rydex VT – Medius Fund
2005	0.00%	47,902		15.910246		762,133	0.00%	14.07%
2004	0.00%	35,336		13.948005		492,867	0.00%	22.14%

Rydex VT – Mekros Fund
2005	0.00%	123,690		14.851425		1,836,973	4.59%	3.92%
2004	0.00%	270,782		14.291895		3,869,988	0.00%	25.20%

Rydex VT – Mid Cap Growth Fund
2005	0.00%	31,840		12.096000		385,137	0.00%	11.46%
2004	0.00%	23,814		10.852000		258,430	0.00%	8.52%	05/03/04

Rydex VT – Mid Cap Value Fund
2005	0.00%	2,706		12.478766		33,768	0.18%	8.32%
2004	0.00%	19,082		11.520171		219,828	0.04%	15.20%	05/03/04

Rydex VT – Nova Fund
2005	0.00%	39,642		13.509344		535,537	0.27%	3.97%
2004	0.00%	45,914		12.994126		596,612	0.03%	14.62%

Rydex VT – OTC Fund
2005	0.00%	192,028		11.810054		2,267,861	0.00%	1.11%
2004	0.00%	64,918		11.680186		758,254	0.00%	9.35%

Rydex VT – Precious Metals Fund
2005	0.00%	28,740		12.853586		369,412	0.00%	20.89%
2004	0.00%	7,414		10.632748		78,831	0.00%	-14.21%

Rydex VT – Real Estate Fund
2005	0.00%	7,876		15.387085		121,189	1.68%	7.15%
2004	0.00%	9,892		14.360615		142,055	0.86%	29.54%

Rydex VT – Retailing Fund
2005	0.00%	1,402		11.695368		16,397	0.00%	5.48%
2004	0.00%	1,914		11.088014		21,222	0.00%	10.06%

Rydex VT – Sector Rotation Fund
2005	0.00%	19,448		13.315851		258,967	0.00%	13.71%
2004	0.00%	11,686		11.710392		136,848	0.00%	10.71%

Rydex VT – Small Cap Growth Fund
2005	0.00%	20,828		12.299413		256,172	0.00%	6.20%
2004	0.00%	29,966		11.581557		347,053	0.00%	15.82%	05/03/04

Rydex VT – Small Cap Value Fund
2005	0.00%	7,718		12.232292		94,409	0.00%	3.64%
2004	0.00%	17,220		11.803243		203,252	0.09%	18.03%	05/03/04

Rydex VT – Technology Fund
2005	0.00%	13,002		11.053572		143,719	0.00%	3.11%
2004	0.00%	2,962		10.720064		31,753	0.00%	1.15%
2003	0.00%	323		10.598204		3,423	0.00%	5.98%	09/02/03

Rydex VT – Telecommunications Fund
2005	0.00%	3,024		12.610236		38,133	0.00%	1.16%
2004	0.00%	742		12.465243		9,249	0.00%	12.68%

Rydex VT – Titan 500 Fund
2005	0.00%	24,328		14.299570		347,880	0.08%	3.38%
2004	0.00%	67,356		13.831516		931,636	0.00%	16.90%
2003	0.00%	14		11.832066		166	0.00%	18.32%	09/02/03

Rydex VT – Transportation Fund
2005	0.00%	9,142		14.223953		130,035	0.00%	8.48%
2004	0.00%	4,710		13.111746		61,756	0.00%	22.99%

Rydex VT – U.S. Government Bond Fund
2005	0.00%	57,198		12.119946		693,237	4.23%	7.69%
2004	0.00%	6,408		11.254914		72,121	3.37%	8.36%

(Continued)

NATIONWIDE VLI SEPARATE ACCOUNT-6 (NOTES TO FINANCIAL STATEMENTS, Continued)


	Contract Expense Rate*	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio	Total *Return*
Rydex VT – Ursa Fund
2005	0.00%	85,596	$	8.148729	$	697,499	0.00%	-0.77%
2004	0.00%	1,028		8.212022		8,442	0.00%	-10.21%

Rydex VT – Utilities Fund
2005	0.00%	9,710		14.099167		136,903	0.64%	10.56%
2004	0.00%	6,982		12.752103		89,035	2.24%	17.31%

Rydex VT – Velocity 100 Fund
2005	0.00%	146,814		12.489256		1,833,598	0.00%	-3.03%
2004	0.00%	79,288		12.879723		1,021,207	1.71%	14.21%


Contract Owners’ Equity Total By Year

2005					$	33,437,814


2004					$	18,547,439


2003					$	174,215

This represents the annual contract expense rate of the variable account for the period indicated and includes only those expenses that are assessed through a reduction in the unit values. Excluded are expenses of the underlying mutual funds and charges made directly to contract owner accounts through the redemption of units.

This represents the 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 average net assets. The ratios exclude those expenses, if any, that result in direct reductions to the contractholder accounts either through reductions in unit values or redemption of units. 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 indicated, including changes in the value of the underlying mutual fund, which reflects the reduction of unit value for expenses assessed. The total return does 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. Investment options with a date notation indicate the effective date of that investment option in the Account. The total return is calculated for the period indicated or from the effective date through the end of the period.

Report of Independent Registered Public Accounting Firm

The Board of Directors of Nationwide Life Insurance Company and

Contract Owners of Nationwide VLI Separate Account-6:

We have audited the accompanying statement of assets, liabilities and contract owners’ equity of Nationwide VLI Separate Account-6 (comprised of the sub-accounts listed in note 1(b)) (collectively, “the Account”) as of December 31, 2005, and the related statements of operations and changes in contract owners’ equity, and the financial highlights for each of the periods indicated herein. These financial statements and financial highlights are the responsibility of the Account’s 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 audit 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, 2005, 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 Account as of December 31, 2005, and the results of its operations, changes in contract owners’ equity, and financial highlights for each of the periods indicated herein, in conformity with U.S. generally accepted accounting principles.

KPMG LLP

Columbus, Ohio

March 8, 2006



*NATIONWIDE LIFE INSURANCE COMPANY*		PRSRT STD
HOME OFFICE: ONE NATIONWIDE PLAZA • COLUMBUS, OHIO 43215-2220		U.S. POSTAGE
		PAID
		NATIONWIDE

Nationwide^® is a registered federal service mark of Nationwide Mutual Insurance Company