NATIONWIDE

VLI SEPARATE

ACCOUNT-6

Annual Report

to

Contract Owners

December 31, 2008

NATIONWIDE LIFE INSURANCE COMPANY

HOME OFFICE: COLUMBUS, OHIO

NATIONWIDE VL SEPARATE ACCOUNT-6

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY

December 31, 2008

Assets:
Investments at fair value:
American Century VP - Income & Growth Fund - Class II (ACVIG2)
1,065 shares (cost $7,861)	$	5,125
American Century VP - Income & Growth Fund - Class III (ACVIG3)
20,252 shares (cost $160,719)		97,613
American Century VP - Ultra(R) Fund - Class II (ACVU2)
2,138 shares (cost $21,116)		12,808
American Century VP - Ultra(R) Fund - Class III (ACVU3)
9,766 shares (cost $95,070)		59,085
American Century VP - Value Fund - Class II (ACVV2)
5,997 shares (cost $44,564)		28,067
American Century VP - Value Fund - Class III (ACVV3)
55,933 shares (cost $371,233)		261,768
Fidelity(R) VIP - Equity-Income Portfolio - Service Class 2 (FEI2)
2,889 shares (cost $68,514)		37,557
Fidelity(R) VIP - Equity-Income Portfolio - Service Class 2 R (FEI2R)
17,553 shares (cost $410,563)		226,966
Fidelity(R) VIP - Growth Portfolio - Service Class 2 (FG2)
318 shares (cost $11,022)		7,401
Fidelity(R) VIP - Growth Portfolio - Service Class 2 R (FG2R)
5,392 shares (cost $204,536)		125,423
Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class 2 (FC2)
3,183 shares (cost $86,866)		48,190
Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class 2 R (FC2R)
35,068 shares (cost $849,696)		529,520
Nationwide VIT - Federated High Income Bond Fund - Class III (HIBF3)
438,664 shares (cost $2,451,096)		2,184,546
Nationwide VIT - Government Bond Fund - Class I (GBF)
2,672 shares (cost $31,099)		32,090
Nationwide VIT - Government Bond Fund - Class III (GBF3)
130,204 shares (cost $1,518,952)		1,563,752
Nationwide VIT - Investor Destinations Aggressive Fund - Class II (GVIDA)
545 shares (cost $6,110)		3,756
Nationwide VIT - Investor Destinations Aggressive Fund - Class VI (GVIDA6)
31,977 shares (cost $330,687)		219,039
Nationwide VIT - Investor Destinations Conservative Fund - Class VI (GVIDC6)
18,966 shares (cost $187,864)		174,863
Nationwide VIT - Investor Destinations Moderate Fund - Class II (GVIDM)
374 shares (cost $4,311)		3,162
Nationwide VIT - Investor Destinations Moderate Fund - Class VI (GVIDM6)
53,254 shares (cost $628,003)		447,862
Nationwide VIT - Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
4,010 shares (cost $44,926)		31,921
Nationwide VIT - Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)
41,481 shares (cost $511,785)		328,528

(Continued)

2

NATIONWIDE VL SEPARATE ACCOUNT-6

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

Nationwide VIT - Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)
2,296 shares (cost $23,609)	$	20,232
Nationwide VIT - Mid Cap Growth Fund - Class I (SGRF)
119 shares (cost $2,695)		2,091
Nationwide VIT - Mid Cap Growth Fund - Class III (SGRF3)
1,018 shares (cost $28,325)		17,867
Nationwide VIT - Money Market Fund - Class II (SAM2)
34,252,861 shares (cost $34,252,861)		34,252,861
Nationwide VIT - Multi-Manager Small Cap Growth Fund - Class II (SCGF2)
141 shares (cost $1,857)		1,337
Nationwide VIT - Multi-Manager Small Cap Growth Fund - Class III (SCGF3)
774 shares (cost $12,719)		7,420
Nationwide VIT - Multi-Manager Small Cap Value Fund - Class II (SCVF2)
338 shares (cost $3,905)		2,213
Nationwide VIT - Multi-Manager Small Cap Value Fund - Class III (SCVF3)
2,644 shares (cost $28,671)		17,531
Nationwide VIT - Multi-Manager Small Company Fund - Class II (SCF2)
1,513 shares (cost $31,205)		15,929
Nationwide VIT - Multi-Manager Small Company Fund - Class III (SCF3)
5,387 shares (cost $100,118)		58,074
Nationwide VIT - Nationwide Fund - Class II (TRF2)
1,041 shares (cost $11,429)		6,765
Nationwide VIT - Nationwide Fund - Class III (TRF3)
3,269 shares (cost $36,676)		21,378
Rydex Variable Trust Portfolios - Absolute Return Strategies Fund (RVARS)
5,874 shares (cost $119,938)		123,167
Rydex Variable Trust Portfolios - Banking Fund (RBKF)
3,649 shares (cost $47,784)		48,902
Rydex Variable Trust Portfolios - Basic Materials Fund (RBMF)
11,671 shares (cost $218,276)		226,183
Rydex Variable Trust Portfolios - Biotechnology Fund (RBF)
9,178 shares (cost $173,830)		174,651
Rydex Variable Trust Portfolios - Commodities Strategy Fund (RVCMD)
14,642 shares (cost $293,255)		167,940
Rydex Variable Trust Portfolios - Consumer Products Fund (RCPF)
3,304 shares (cost $89,312)		90,892
Rydex Variable Trust Portfolios - Dow 2x Strategy Fund (RVLDD)
18,578 shares (cost $178,264)		179,274
Rydex Variable Trust Portfolios - Electronics Fund (RELF)
649 shares (cost $3,970)		4,423
Rydex Variable Trust Portfolios - Energy Fund (RENF)
20,860 shares (cost $402,823)		427,423
Rydex Variable Trust Portfolios - Energy Services Fund (RESF)
24,270 shares (cost $533,632)		344,155
Rydex Variable Trust Portfolios - Europe 1.25x Strategy Fund (RLCE)
15,057 shares (cost $357,704)		190,474
Rydex Variable Trust Portfolios - Financial Services Fund (RFSF)
12,659 shares (cost $152,779)		144,437

(Continued)

3

NATIONWIDE VL SEPARATE ACCOUNT-6

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

Rydex Variable Trust Portfolios - Government Long Bond 1.2x Strategy Fund (RUGB)
60,724 shares (cost $974,403)	$	1,046,874
Rydex Variable Trust Portfolios - Health Care Fund (RHCF)
13,962 shares (cost $329,280)		296,276
Rydex Variable Trust Portfolios - Hedged Equity Fund (RVHEQ)
5,333 shares (cost $100,772)		102,347
Rydex Variable Trust Portfolios - Internet Fund (RINF)
2,518 shares (cost $26,881)		24,782
Rydex Variable Trust Portfolios - Inverse Dow 2x Strategy Fund (RVIDD)
5,563 shares (cost $211,217)		198,102
Rydex Variable Trust Portfolios - Inverse Government Long Bond Strategy Fund (RJNF)
26,869 shares (cost $369,392)		365,421
Rydex Variable Trust Portfolios - Inverse Mid Cap Strategy Fund (RVIMC)
1,285 shares (cost $60,330)		60,126
Rydex Variable Trust Portfolios - Inverse NASDAQ-100(R) Strategy Fund (RAF)
5,616 shares (cost $146,577)		140,731
Rydex Variable Trust Portfolios - Inverse Russell 2000(R) Strategy Fund (RVISC)
43,684 shares (cost $1,894,123)		1,865,292
Rydex Variable Trust Portfolios - Inverse S&P 500 Strategy Fund (RUF)
7,239 shares (cost $438,123)		423,023
Rydex Variable Trust Portfolios - Japan 1.25x Strategy Fund (RLCJ)
7,248 shares (cost $150,781)		109,304
Rydex Variable Trust Portfolios - Large Cap Growth Fund (RVLCG)
15,788 shares (cost $269,901)		260,026
Rydex Variable Trust Portfolios - Large Cap Value Fund (RVLCV)
5,565 shares (cost $54,546)		50,975
Rydex Variable Trust Portfolios - Leisure Fund (RLF)
119 shares (cost $6,810)		3,629
Rydex Variable Trust Portfolios - Mid Cap 1.5x Strategy Fund (RMED)
26,666 shares (cost $379,412)		261,592
Rydex Variable Trust Portfolios - Mid Cap Growth Fund (RVMCG)
10,359 shares (cost $270,595)		195,276
Rydex Variable Trust Portfolios - Mid Cap Value Fund (RVMCV)
11,573 shares (cost $179,916)		100,569
Rydex Variable Trust Portfolios - Multi Cap Core Equity Fund (RVCEQ)
1,289 shares (cost $18,726)		18,736
Rydex Variable Trust Portfolios - NASDAQ-100(R) 2x Strategy Fund (RVF)
35,760 shares (cost $277,571)		293,229
Rydex Variable Trust Portfolios - NASDAQ-100(R) Fund (ROF)
120,234 shares (cost $1,258,816)		1,262,459
Rydex Variable Trust Portfolios - Nova Fund (RNF)
39,951 shares (cost $285,515)		181,775
Rydex Variable Trust Portfolios - Precious Metals Fund (RPMF)
150,095 shares (cost $1,104,100)		1,386,875
Rydex Variable Trust Portfolios - Real Estate Fund (RREF)
12,663 shares (cost $264,318)		221,724
Rydex Variable Trust Portfolios - Retailing Fund (RRF)
2,894 shares (cost $21,725)		21,788

(Continued)

4

NATIONWIDE VL SEPARATE ACCOUNT-6

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

Rydex Variable Trust Portfolios - Russell 2000(R) 1.5x Strategy Fund (RMEK)
13,899 shares (cost $215,311)	$	230,314
Rydex Variable Trust Portfolios - S&P 500 2x Strategy Fund (RTF)
28,042 shares (cost $163,678)		172,739
Rydex Variable Trust Portfolios - Sector Rotation Fund (RSRF)
54,736 shares (cost $686,075)		495,357
Rydex Variable Trust Portfolios - Small Cap Growth Fund (RVSCG)
3,675 shares (cost $64,889)		65,334
Rydex Variable Trust Portfolios - Small Cap Value Fund (RVSCV)
10,603 shares (cost $151,865)		107,828
Rydex Variable Trust Portfolios - Strengthening Dollar 2x Strategy Fund (RVSDL)
4,472 shares (cost $109,029)		95,032
Rydex Variable Trust Portfolios - Technology Fund (RTEC)
6,068 shares (cost $41,175)		42,778
Rydex Variable Trust Portfolios - Telecommunications Fund (RTEL)
11,610 shares (cost $86,680)		92,187
Rydex Variable Trust Portfolios - Transportation Fund (RTRF)
11,179 shares (cost $132,335)		121,967
Rydex Variable Trust Portfolios - Utilities Fund (RUTL)
8,597 shares (cost $130,230)		132,481
Rydex Variable Trust Portfolios - Weakening Dollar 2x Strategy Fund (RVWDL)
26,094 shares (cost $656,080)		654,951
Total Investments		54,076,560
Total Assets		54,076,560
Accounts Payable		235
	$	54,076,325
Contract Owners’ Equity:
Accumulation units		54,076,325
Total Contract Owners’ Equity (note 8)	$	54,076,325

See accompanying notes to financial statements.

5

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS

Year Ended December 31, 2008

Investment Activity:	Total			ACVIG2		ACVIG3		ACVU2		ACVU3		ACVV2		ACVV3		FEI2
Reinvested dividends	$	605,113		121		3,605		-		-		814		9,399		1,274
Net investment income (loss)		605,113		121		3,605		-		-		814		9,399		1,274
Proceeds from mutual fund shares sold		660,785,289		2,827		80,977		1,021		9,167		4,006		306,043		3,931
Cost of mutual fund shares sold		(667,777,372	)	(2,610	)	(108,438	)	(1,179	)	(11,258	)	(4,999	)	(413,417	)	(5,337	)
Realized gain (loss) on investments		(6,992,083	)	217		(27,461	)	(158	)	(2,091	)	(993	)	(107,374	)	(1,406	)
Change in unrealized gain (loss) on investments		(1,538,281	)	(4,080	)	(55,391	)	(12,171	)	(52,172	)	(15,155	)	(60,751	)	(29,258	)
Net gain (loss) on investments		(8,530,364	)	(3,863	)	(82,852	)	(12,329	)	(54,263	)	(16,148	)	(168,125	)	(30,664	)
Reinvested capital gains		648,609		834		21,595		2,970		12,419		4,620		49,897		60
Net increase (decrease) in contract owners’ equity resulting from operations	$	(7,276,642	)	(2,908	)	(57,652	)	(9,359	)	(41,844	)	(10,714	)	(108,829	)	(29,330	)
Investment Activity:	FEI2R			FG2		FG2R		FC2		FC2R		HIBF3		GBF		GBF3
Reinvested dividends	$	7,637		68		774		559		5,433		65,824		1,333		41,382
Net investment income (loss)		7,637		68		774		559		5,433		65,824		1,333		41,382
Proceeds from mutual fund shares sold		64,747		2,908		834,587		6,240		1,226,768		1,014,422		2,025		905,841
Cost of mutual fund shares sold		(80,577	)	(2,452	)	(888,572	)	(7,094	)	(1,673,684	)	(1,030,449	)	(2,021	)	(891,163	)
Realized gain (loss) on investments		(15,830	)	456		(53,985	)	(854	)	(446,916	)	(16,027	)	4		14,678
Change in unrealized gain (loss) on investments		(147,848	)	(7,602	)	(104,273	)	(38,940	)	(47,314	)	(263,050	)	1,014		33,273
Net gain (loss) on investments		(163,678	)	(7,146	)	(158,258	)	(39,794	)	(494,230	)	(279,077	)	1,018		47,951
Reinvested capital gains		297		-		-		2,110		27,739		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(155,744	)	(7,078	)	(157,484	)	(37,125	)	(461,058	)	(213,253	)	2,351		89,333

(Continued)

6

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2008

Investment Activity:	GVIDA			GVIDA6		GVIDC6		GVIDM		GVIDM6		GVDMA		GVDMA6		GVDMC
Reinvested dividends	$	111		25,384		4,954		119		15,568		1,044		11,619		-
Net investment income (loss)		111		25,384		4,954		119		15,568		1,044		11,619		-
Proceeds from mutual fund shares sold		679		3,319,626		87,805		13,220		109,403		3,494		754,741		2,652
Cost of mutual fund shares sold		(722	)	(3,772,406	)	(92,058	)	(12,598	)	(129,571	)	(3,588	)	(837,943	)	(2,571	)
Realized gain (loss) on investments		(43	)	(452,780	)	(4,253	)	622		(20,168	)	(94	)	(83,202	)	81
Change in unrealized gain (loss) on investments		(3,286	)	(26,042	)	(11,658	)	(2,793	)	(189,914	)	(20,485	)	(185,869	)	(114	)
Net gain (loss) on investments		(3,329	)	(478,822	)	(15,911	)	(2,171	)	(210,082	)	(20,579	)	(269,071	)	(33	)
Reinvested capital gains		906		66,128		2,767		325		49,273		4,332		47,215		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(2,312	)	(387,310	)	(8,190	)	(1,727	)	(145,241	)	(15,203	)	(210,237	)	(33	)
Investment Activity:	GVDMC6			SGRF		SGRF3		SAM2		SCGF2		SCGF3		SCVF2		SCVF3
Reinvested dividends	$	2,586		-		-		323,995		-		-		27		247
Net investment income (loss)		2,586		-		-		323,995		-		-		27		247
Proceeds from mutual fund shares sold		248,746		263		384		164,509,161		139		336		247		8,085
Cost of mutual fund shares sold		(253,772	)	(232	)	(428	)	(164,509,161	)	(147	)	(425	)	(362	)	(11,020	)
Realized gain (loss) on investments		(5,026	)	31		(44	)	-		(8	)	(89	)	(115	)	(2,935	)
Change in unrealized gain (loss) on investments		(8,063	)	(1,904	)	(13,938	)	-		(1,213	)	(5,860	)	(1,013	)	(5,888	)
Net gain (loss) on investments		(13,089	)	(1,873	)	(13,982	)	-		(1,221	)	(5,949	)	(1,128	)	(8,823	)
Reinvested capital gains		2,288		-		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(8,215	)	(1,873	)	(13,982	)	323,995		(1,221	)	(5,949	)	(1,101	)	(8,576	)

(Continued)

7

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2008

Investment Activity:	SCF2			SCF3		TRF2		TRF3		RVARS		RBKF		RBMF		RBF
Reinvested dividends	$	138		685		123		1,054		750		64		3,257		-
Net investment income (loss)		138		685		123		1,054		750		64		3,257		-
Proceeds from mutual fund shares sold		1,294		222,506		1,306		208,639		617,193		2,191,738		3,222,554		2,333,870
Cost of mutual fund shares sold		(1,572	)	(228,291	)	(1,367	)	(214,887	)	(677,092	)	(2,260,371	)	(3,478,573	)	(2,377,704	)
Realized gain (loss) on investments		(278	)	(5,785	)	(61	)	(6,248	)	(59,899	)	(68,633	)	(256,019	)	(43,834	)
Change in unrealized gain (loss) on investments		(14,765	)	(39,996	)	(6,850	)	(15,418	)	14,159		1,282		37,806		4,638
Net gain (loss) on investments		(15,043	)	(45,781	)	(6,911	)	(21,666	)	(45,740	)	(67,351	)	(218,213	)	(39,196	)
Reinvested capital gains		4,780		16,104		1,667		4,573		-		-		32,859		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(10,125	)	(28,992	)	(5,121	)	(16,039	)	(44,990	)	(67,287	)	(182,097	)	(39,196	)
Investment Activity:	RVCMD			RCPF		RVLDD		RELF		RENF		RESF		RLCE		RFSF
Reinvested dividends	$	10,438		188		6,805		-		-		-		2,579		-
Net investment income (loss)		10,438		188		6,805		-		-		-		2,579		-
Proceeds from mutual fund shares sold		4,252,716		5,407,064		2,071,886		1,218,446		3,064,522		2,381,956		2,409,998		1,409,098
Cost of mutual fund shares sold		(4,199,704	)	(5,505,425	)	(2,454,626	)	(1,235,265	)	(3,491,487	)	(2,639,301	)	(2,631,592	)	(1,497,487	)
Realized gain (loss) on investments		53,012		(98,361	)	(382,740	)	(16,819	)	(426,965	)	(257,345	)	(221,594	)	(88,389	)
Change in unrealized gain (loss) on investments		(131,574	)	14,270		147,581		771		67,993		(166,481	)	(147,165	)	(8,451	)
Net gain (loss) on investments		(78,562	)	(84,091	)	(235,159	)	(16,048	)	(358,972	)	(423,826	)	(368,759	)	(96,840	)
Reinvested capital gains		-		2,579		-		-		33,159		47,452		8,295		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(68,124	)	(81,324	)	(228,354	)	(16,048	)	(325,813	)	(376,374	)	(357,885	)	(96,840	)

(Continued)

8

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2008

Investment Activity:	RUGB			RHCF		RVHEQ		RINF		RVIDD		RJNF		RVIMC		RAF
Reinvested dividends	$	27,362		-		1,469		-		732		1,433		403		483
Net investment income (loss)		27,362		-		1,469		-		732		1,433		403		483
Proceeds from mutual fund shares sold		26,666,243		4,396,688		400,424		1,685,395		52,019,550		5,843,154		1,503,713		10,328,805
Cost of mutual fund shares sold		(26,158,014	)	(4,520,474	)	(467,625	)	(1,692,664	)	(51,823,943	)	(5,977,677	)	(1,457,249	)	(10,146,983	)
Realized gain (loss) on investments		508,229		(123,786	)	(67,201	)	(7,269	)	195,607		(134,523	)	46,464		181,822
Change in unrealized gain (loss) on investments		65,185		(27,863	)	17,806		(971	)	(54,843	)	(1,132	)	195		(3,219	)
Net gain (loss) on investments		573,414		(151,649	)	(49,395	)	(8,240	)	140,764		(135,655	)	46,659		178,603
Reinvested capital gains		-		16,766		-		-		44,696		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	600,776		(134,883	)	(47,926	)	(8,240	)	186,192		(134,222	)	47,062		179,086
Investment Activity:	RVISC			RUF		RLCJ		RVLCG		RVLCV		RLF		RMED		RVMCG
Reinvested dividends	$	11,113		2,181		957		-		1,106		-		-		-
Net investment income (loss)		11,113		2,181		957		-		1,106		-		-		-
Proceeds from mutual fund shares sold		69,366,268		99,979,099		441,675		2,004,560		911,632		728,149		1,141,810		2,649,668
Cost of mutual fund shares sold		(69,356,142	)	(98,600,911	)	(463,347	)	(2,108,488	)	(1,027,408	)	(748,423	)	(1,383,206	)	(2,774,260	)
Realized gain (loss) on investments		10,126		1,378,188		(21,672	)	(103,928	)	(115,776	)	(20,274	)	(241,396	)	(124,592	)
Change in unrealized gain (loss) on investments		(26,821	)	(18,594	)	(39,791	)	(2,669	)	24,507		(3,271	)	(25,428	)	(34,891	)
Net gain (loss) on investments		(16,695	)	1,359,594		(61,463	)	(106,597	)	(91,269	)	(23,545	)	(266,824	)	(159,483	)
Reinvested capital gains		-		-		-		-		16,293		2,078		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(5,582	)	1,361,775		(60,506	)	(106,597	)	(73,870	)	(21,467	)	(266,824	)	(159,483	)

(Continued)

9

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2008

Investment Activity:	RVMCV			RVCEQ		RVF		ROF		RNF		RPMF		RREF		RRF
Reinvested dividends	$	-		1,157		473		432		929		-		1,514		-
Net investment income (loss)		-		1,157		473		432		929		-		1,514		-
Proceeds from mutual fund shares sold		957,500		100,745		6,188,846		19,642,764		1,781,491		7,732,303		2,001,589		1,039,154
Cost of mutual fund shares sold		(976,348	)	(118,320	)	(6,988,183	)	(20,256,996	)	(1,912,385	)	(8,848,230	)	(2,134,748	)	(1,057,262	)
Realized gain (loss) on investments		(18,848	)	(17,575	)	(799,337	)	(614,232	)	(130,894	)	(1,115,927	)	(133,159	)	(18,108	)
Change in unrealized gain (loss) on investments		(76,233	)	3,409		17,935		44,804		(78,610	)	278,080		(12,702	)	110
Net gain (loss) on investments		(95,081	)	(14,166	)	(781,402	)	(569,428	)	(209,504	)	(837,847	)	(145,861	)	(17,998	)
Reinvested capital gains		24,662		84		-		-		-		-		15,252		4
Net increase (decrease) in contract owners’ equity resulting from operations	$	(70,419	)	(12,925	)	(780,929	)	(568,996	)	(208,575	)	(837,847	)	(129,095	)	(17,994	)
Investment Activity:	RMEK			RTF		RSRF		RVSCG		RVSCV		RVSDL		RTEC		RTEL
Reinvested dividends	$	783		-		-		-		1,155		-		-		660
Net investment income (loss)		783		-		-		-		1,155		-		-		660
Proceeds from mutual fund shares sold		86,953,474		17,211,718		2,733,657		1,960,193		1,848,276		3,065,310		2,758,644		2,486,298
Cost of mutual fund shares sold		(87,573,576	)	(18,361,384	)	(2,915,070	)	(2,014,232	)	(1,887,288	)	(3,008,586	)	(2,824,500	)	(2,586,153	)
Realized gain (loss) on investments		(620,102	)	(1,149,666	)	(181,413	)	(54,039	)	(39,012	)	56,724		(65,856	)	(99,855	)
Change in unrealized gain (loss) on investments		36,312		49,869		(160,175	)	2,117		(42,221	)	(13,512	)	1,213		6,061
Net gain (loss) on investments		(583,790	)	(1,099,797	)	(341,588	)	(51,922	)	(81,233	)	43,212		(64,643	)	(93,794	)
Reinvested capital gains		-		-		2,125		-		-		-		12,843		61,557
Net increase (decrease) in contract owners’ equity resulting from operations	$	(583,007	)	(1,099,797	)	(339,463	)	(51,922	)	(80,078	)	43,212		(51,800	)	(31,577	)

(Continued)

10

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2008

Investment Activity:	RTRF			RUTL		RVWDL
Reinvested dividends	$	-		813		-
Net investment income (loss)		-		813		-
Proceeds from mutual fund shares sold		2,580,431		13,083,513		2,053,273
Cost of mutual fund shares sold		(2,646,134	)	(13,213,080	)	(2,103,085	)
Realized gain (loss) on investments		(65,703	)	(129,567	)	(49,812	)
Change in unrealized gain (loss) on investments		(8,890	)	5,254		64,656
Net gain (loss) on investments		(74,593	)	(124,313	)	14,844
Reinvested capital gains		2,856		2,150		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(71,737	)	(121,350	)	14,844

See accompanying notes to financial statements.

11

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY

Years Ended December 31, 2008 and 2007

	Total					ACVIG2				ACVIG3				ACVU2
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	605,113		1,407,100		121		184		3,605		2,843		-		-
Realized gain (loss) on investments		(6,992,083	)	48,608		217		111		(27,461	)	17,466		(158	)	3,654
Change in unrealized gain (loss) on investments		(1,538,281	)	(849,261	)	(4,080	)	(326	)	(55,391	)	(19,484	)	(12,171	)	3,619
Reinvested capital gains		648,609		1,582,571		834		-		21,595		-		2,970		-
Net increase (decrease) in contract owners’ equity resulting from operations		(7,276,642	)	2,189,018		(2,908	)	(31	)	(57,652	)	825		(9,359	)	7,273
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		9,996,563		11,455,676		-		-		19,913		25,029		-		33
Transfers between funds		-		-		(2,479	)	-		(50,074	)	63,772		(24	)	(40,272	)
Surrenders (note 6)		(1,847,084	)	(1,591,879	)	(3	)	-		(12,712	)	(2,528	)	(652	)	(176	)
Death benefits (note 4)		(65,069	)	-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(945,297	)	(369,756	)	-		-		(6,229	)	(534	)	-		-
Deductions for surrender charges (note 2d)		(365,699	)	(264,389	)	(69	)	-		(1,743	)	-		-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(3,292,768	)	(3,083,365	)	(259	)	(462	)	(10,370	)	(10,356	)	(279	)	(676	)
Asset charges (note 3):		(195,579	)	(187,511	)	(23	)	(48	)	(691	)	(890	)	(67	)	(132	)
Adjustments to maintain reserves		(2,045	)	(1,246	)	(30	)	7		(38	)	3		(13	)	(7	)
Net equity transactions		3,283,022		5,957,530		(2,863	)	(503	)	(61,944	)	74,496		(1,035	)	(41,230	)
Net change in contract owners’ equity		(3,993,620	)	8,146,548		(5,771	)	(534	)	(119,596	)	75,321		(10,394	)	(33,957	)
Contract owners’ equity beginning of period		58,069,945		49,923,397		10,888		11,422		217,199		141,878		23,200		57,157
Contract owners’ equity end of period	$	54,076,325		58,069,945		5,117		10,888		97,603		217,199		12,806		23,200
CHANGES IN UNITS:
Beginning units		4,500,208		4,146,164		718		750		17,228		11,246		1,664		4,954
Units purchased		2,656,202		2,291,017		-		-		2,180		6,984		-		-
Units redeemed		(1,994,858	)	(1,936,983	)	(201	)	(32	)	(7,573	)	(1,002	)	(90	)	(3,290	)
Ending units		5,161,552		4,500,208		517		718		11,835		17,228		1,574		1,664

(Continued)

12

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	ACVU3					ACVV2				ACVV3				FEI2
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	-		-		814		1,004		9,399		5,951		1,274		1,218
Realized gain (loss) on investments		(2,091	)	393		(993	)	812		(107,374	)	646		(1,406	)	11,243
Change in unrealized gain (loss) on investments		(52,172	)	16,140		(15,155	)	(9,136	)	(60,751	)	(73,736	)	(29,258	)	(12,669	)
Reinvested capital gains		12,419		-		4,620		5,740		49,897		30,861		60		6,115
Net increase (decrease) in contract owners’ equity resulting from operations		(41,844	)	16,533		(10,714	)	(1,580	)	(108,829	)	(36,278	)	(29,330	)	5,907
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		10,235		16,039		-		38		41,499		80,573		-		39
Transfers between funds		1,299		2,714		-		(17,722	)	(87,137	)	129,620		-		(56,251	)
Surrenders (note 6)		(318	)	(403	)	(2,101	)	(1,927	)	(25,776	)	(10,771	)	(1,041	)	(235	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		5		56		(80	)	(3,802	)	(21,079	)	2,139		-		(5,513	)
Deductions for surrender charges (note 2d)		(191	)	(7	)	(156	)	(91	)	(2,493	)	(2,488	)	(136	)	(43	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(6,871	)	(6,569	)	(1,513	)	(2,280	)	(26,669	)	(28,142	)	(2,500	)	(3,839	)
Asset charges (note 3):		(423	)	(436	)	(157	)	(258	)	(1,703	)	(2,027	)	(253	)	(435	)
Adjustments to maintain reserves		(42	)	15		(25	)	8		(19	)	9		(25	)	16
Net equity transactions		3,694		11,409		(4,032	)	(26,034	)	(123,377	)	168,913		(3,955	)	(66,261	)
Net change in contract owners’ equity		(38,150	)	27,942		(14,746	)	(27,614	)	(232,206	)	132,635		(33,285	)	(60,354	)
Contract owners’ equity beginning of period		97,223		69,281		42,805		70,419		493,973		361,338		70,839		131,193
Contract owners’ equity end of period	$	59,073		97,223		28,059		42,805		261,767		493,973		37,554		70,839
CHANGES IN UNITS:
Beginning units		7,520		6,486		2,872		4,474		40,622		28,188		4,452		8,350
Units purchased		1,077		1,682		-		1		4,957		17,466		-		4
Units redeemed		(784	)	(648	)	(300	)	(1,603	)	(16,181	)	(5,032	)	(325	)	(3,902	)
Ending units		7,813		7,520		2,572		2,872		29,398		40,622		4,127		4,452

(Continued)

13

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	FEI2R					FG2				FG2R				FC2R
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	7,637		5,427		68		120		774		1,114		5,433		11,297
Realized gain (loss) on investments		(15,830	)	7,533		456		3,966		(53,985	)	39,765		(446,916	)	35,901
Change in unrealized gain (loss) on investments		(147,848	)	(41,267	)	(7,602	)	1,217		(104,273	)	22,956		(47,314	)	(272,587	)
Reinvested capital gains		297		28,097		-		12		-		530		27,739		380,352
Net increase (decrease) in contract owners’ equity resulting from operations		(155,744	)	(210	)	(7,078	)	5,315		(157,484	)	64,365		(461,058	)	154,963
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		53,481		71,087		-		9		49,122		24,272		135,608		160,781
Transfers between funds		47,485		37,361		-		(13,252	)	(340,172	)	506,726		(596,385	)	697,047
Surrenders (note 6)		(16,820	)	(1,193	)	(1,646	)	(2,186	)	(23,585	)	(6,479	)	(56,589	)	(19,732	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(8,143	)	174		(94	)	-		(10,681	)	(722	)	(538	)	(3,029	)
Deductions for surrender charges (note 2d)		(2,750	)	(154	)	(124	)	(109	)	(2,519	)	(231	)	(18,269	)	(5,744	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(19,910	)	(20,925	)	(816	)	(1,411	)	(24,804	)	(20,419	)	(66,065	)	(67,385	)
Asset charges (note 3):		(1,349	)	(1,429	)	(61	)	(117	)	(1,319	)	(1,218	)	(3,893	)	(4,410	)
Adjustments to maintain reserves		(26	)	-		5		(35	)	(17	)	(1	)	(45	)	(3	)
Net equity transactions		51,968		84,921		(2,736	)	(17,101	)	(353,975	)	501,928		(606,176	)	757,525
Net change in contract owners’ equity		(103,776	)	84,711		(9,814	)	(11,786	)	(511,459	)	566,293		(1,067,234	)	912,488
Contract owners’ equity beginning of period		330,736		246,025		17,221		29,007		636,878		70,585		1,596,738		684,250
Contract owners’ equity end of period	$	226,960		330,736		7,407		17,221		125,419		636,878		529,504		1,596,738
CHANGES IN UNITS:
Beginning units		24,786		18,672		1,094		2,334		41,960		5,890		102,134		51,338
Units purchased		9,599		8,637		-		-		4,267		38,113		11,663		58,174
Units redeemed		(4,641	)	(2,523	)	(201	)	(1,240	)	(30,545	)	(2,043	)	(54,701	)	(7,378	)
Ending units		29,744		24,786		893		1,094		15,682		41,960		59,096		102,134

(Continued)

14

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	FC2					HIBF3				GBF				GBF3
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	559		690		65,824		7,994		1,333		1,397		41,382		13,202
Realized gain (loss) on investments		(854	)	20,693		(16,027	)	(2,001	)	4		(59	)	14,678		2,728
Change in unrealized gain (loss) on investments		(38,940	)	(24,398	)	(263,050	)	(4,253	)	1,014		840		33,273		11,616
Reinvested capital gains		2,110		23,705		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(37,125	)	20,690		(213,253	)	1,740		2,351		2,178		89,333		27,546
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		36		86,147		2,160		-		-		43,260		23,374
Transfers between funds		(60	)	(73,538	)	2,238,003		87,481		(35	)	(1	)	1,060,489		235,016
Surrenders (note 6)		(2,998	)	(2,410	)	(18,181	)	(7,909	)	-		-		(12,988	)	(6,029	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(102	)	(231	)	(106	)	(10	)	-		(870	)	(14,514	)	9,999
Deductions for surrender charges (note 2d)		(191	)	(118	)	(1,480	)	(1,453	)	-		-		(1,382	)	(2,253	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,584	)	(3,836	)	(36,086	)	(5,502	)	(1,826	)	(1,686	)	(51,598	)	(11,312	)
Asset charges (note 3):		(307	)	(505	)	(2,061	)	(539	)	(164	)	(169	)	(2,946	)	(1,199	)
Adjustments to maintain reserves		(14	)	15		(29	)	6		(34	)	16		(22	)	-
Net equity transactions		(6,256	)	(80,587	)	2,266,207		74,234		(2,059	)	(2,710	)	1,020,299		247,596
Net change in contract owners’ equity		(43,381	)	(59,897	)	2,052,954		75,974		292		(532	)	1,109,632		275,142
Contract owners’ equity beginning of period		91,569		151,466		131,584		55,610		31,785		32,317		454,111		178,969
Contract owners’ equity end of period	$	48,188		91,569		2,184,538		131,584		32,077		31,785		1,563,743		454,111
CHANGES IN UNITS:
Beginning units		4,758		9,232		11,908		5,192		2,614		2,848		40,388		17,056
Units purchased		-		5		270,932		8,083		-		4		96,101		25,077
Units redeemed		(389	)	(4,479	)	(7,892	)	(1,367	)	(165	)	(238	)	(7,386	)	(1,745	)
Ending units		4,369		4,758		274,948		11,908		2,449		2,614		129,103		40,388

(Continued)

15

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	GVIDA					GVIDA6				GVIDC6				GVIDM
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	111		134		25,384		21,626		4,954		3,877		119		590
Realized gain (loss) on investments		(43	)	91		(452,780	)	7,533		(4,253	)	293		622		2,500
Change in unrealized gain (loss) on investments		(3,286	)	(39	)	(26,042	)	(96,411	)	(11,658	)	(1,780	)	(2,793	)	(1,440	)
Reinvested capital gains		906		222		66,128		8,801		2,767		2,324		325		292
Net increase (decrease) in contract owners’ equity resulting from operations		(2,312	)	408		(387,310	)	(58,451	)	(8,190	)	4,714		(1,727	)	1,942
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		1,066,900		94,268		10,625		6,129		-		-
Transfers between funds		-		-		(3,045,118	)	2,581,167		97,871		91,507		-		(1,315	)
Surrenders (note 6)		(154	)	-		(21,498	)	(106	)	(22,412	)	(5,634	)	(9,572	)	(11,881	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		-		-		1,289		(156	)	(171	)	(85	)	-		-
Deductions for surrender charges (note 2d)		(11	)	-		(3,297	)	-		(5,071	)	(1,655	)	(3,054	)	(2,631	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(480	)	(490	)	(113,315	)	(42,753	)	(12,803	)	(6,844	)	(570	)	(2,681	)
Asset charges (note 3):		(33	)	(42	)	(4,590	)	(1,879	)	(654	)	(398	)	(25	)	(137	)
Adjustments to maintain reserves		(26	)	(6	)	(24	)	6		(10	)	(5	)	(17	)	(9	)
Net equity transactions		(704	)	(538	)	(2,119,653	)	2,630,547		67,375		83,015		(13,238	)	(18,654	)
Net change in contract owners’ equity		(3,016	)	(130	)	(2,506,963	)	2,572,096		59,185		87,729		(14,965	)	(16,712	)
Contract owners’ equity beginning of period		6,767		6,897		2,725,993		153,897		115,676		27,947		18,118		34,830
Contract owners’ equity end of period	$	3,751		6,767		219,030		2,725,993		174,861		115,676		3,153		18,118
CHANGES IN UNITS:
Beginning units		450		486		196,210		11,738		9,988		2,544		1,346		2,734
Units purchased		-		-		90,469		187,752		9,747		8,766		-		-
Units redeemed		(55	)	(36	)	(261,700	)	(3,280	)	(3,643	)	(1,322	)	(1,041	)	(1,388	)
Ending units		395		450		24,979		196,210		16,092		9,988		305		1,346

(Continued)

16

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	GVIDM6					GVDMA				GVDMA6				GVDMC
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	15,568		13,441		1,044		1,157		11,619		20,032		-		81
Realized gain (loss) on investments		(20,168	)	4,493		(94	)	6,118		(83,202	)	13,225		81		3
Change in unrealized gain (loss) on investments		(189,914	)	(4,918	)	(20,485	)	(4,342	)	(185,869	)	(12,688	)	(114	)	(3	)
Reinvested capital gains		49,273		7,501		4,332		986		47,215		15,468		-		69
Net increase (decrease) in contract owners’ equity resulting from operations		(145,241	)	20,517		(15,203	)	3,919		(210,237	)	36,037		(33	)	150
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		40,411		69,384		-		-		113,952		160,721		-		-
Transfers between funds		51,128		189,290		(2	)	-		(590,028	)	715,339		(2,652	)	-
Surrenders (note 6)		(9,965	)	(2,265	)	-		(9,384	)	(63,271	)	(2,548	)	-		-
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(4,894	)	-		(645	)	(22,162	)	3,656		(13,061	)	-		-
Deductions for surrender charges (note 2d)		(3,093	)	(377	)	(89	)	(1,552	)	(11,751	)	(834	)	-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(47,597	)	(39,944	)	(2,546	)	(3,412	)	(51,559	)	(72,740	)	-		(40	)
Asset charges (note 3):		(2,490	)	(2,095	)	(213	)	(293	)	(2,637	)	(3,011	)	-		(10	)
Adjustments to maintain reserves		(2	)	(3	)	(21	)	8		(13	)	(17	)	(24	)	1
Net equity transactions		23,498		213,990		(3,516	)	(36,795	)	(601,651	)	783,849		(2,676	)	(49	)
Net change in contract owners’ equity		(121,743	)	234,507		(18,719	)	(32,876	)	(811,888	)	819,886		(2,709	)	101
Contract owners’ equity beginning of period		569,605		335,098		50,636		83,512		1,140,415		320,529		2,709		2,608
Contract owners’ equity end of period	$	447,862		569,605		31,917		50,636		328,527		1,140,415		-		2,709
CHANGES IN UNITS:
Beginning units		44,914		27,930		3,506		6,138		85,062		25,380		212		216
Units purchased		7,132		20,555		-		4		12,860		67,031		-		-
Units redeemed		(5,964	)	(3,571	)	(285	)	(2,636	)	(62,207	)	(7,349	)	(212	)	(4	)
Ending units		46,082		44,914		3,221		3,506		35,715		85,062		-		212

(Continued)

17

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	GVDMC6					SGRF				SGRF3				SAM2
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	2,586		4,345		-		-		-		-		323,995		900,619
Realized gain (loss) on investments		(5,026	)	847		31		93		(44	)	31		-		-
Change in unrealized gain (loss) on investments		(8,063	)	3,769		(1,904	)	278		(13,938	)	1,674		-		-
Reinvested capital gains		2,288		629		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(8,215	)	9,590		(1,873	)	371		(13,982	)	1,705		323,995		900,619
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		28,401		7,676		-		-		4,980		4,326		6,085,635		7,839,214
Transfers between funds		(212,512	)	221,481		-		-		-		3,855		9,108,347		(8,234,941	)
Surrenders (note 6)		(20,270	)	(6,331	)	-		-		-		-		(982,097	)	(1,067,913	)
Death benefits (note 4)		-		-		-		-		-		-		(35,021	)	-
Net policy repayments (loans) (note 5)		19,186		(676	)	-		-		-		-		(426,263	)	70,080
Deductions for surrender charges (note 2d)		(51	)	(383	)	-		-		-		-		(131,372	)	(181,484	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(25,439	)	(22,258	)	(244	)	(291	)	(998	)	(762	)	(1,471,995	)	(1,128,678	)
Asset charges (note 3):		(505	)	(476	)	(21	)	(26	)	(109	)	(99	)	(93,253	)	(70,790	)
Adjustments to maintain reserves		(25	)	3		(18	)	(1	)	(23	)	11		2		1,504
Net equity transactions		(211,215	)	199,036		(283	)	(318	)	3,850		7,331		12,053,983		(2,773,008	)
Net change in contract owners’ equity		(219,430	)	208,626		(2,156	)	53		(10,132	)	9,036		12,377,978		(1,872,389	)
Contract owners’ equity beginning of period		239,659		31,033		4,240		4,187		27,993		18,957		21,874,917		23,747,306
Contract owners’ equity end of period	$	20,229		239,659		2,084		4,240		17,861		27,993		34,252,895		21,874,917
CHANGES IN UNITS:
Beginning units		19,792		2,712		262		282		1,992		1,470		1,962,104		2,220,642
Units purchased		2,941		19,577		-		-		474		587		1,508,371		755,727
Units redeemed		(20,767	)	(2,497	)	(23	)	(20	)	(108	)	(65	)	(435,703	)	(1,014,265	)
Ending units		1,966		19,792		239		262		2,358		1,992		3,034,772		1,962,104

(Continued)

18

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	SCGF2					SCGF3				SCVF2				SCVF3
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	-		-		-		-		27		39		247		362
Realized gain (loss) on investments		(8	)	41		(89	)	33		(115	)	3		(2,935	)	(1,184	)
Change in unrealized gain (loss) on investments		(1,213	)	205		(5,860	)	520		(1,013	)	(845	)	(5,888	)	(5,268	)
Reinvested capital gains		-		-		-		-		-		528		-		3,554
Net increase (decrease) in contract owners’ equity resulting from operations		(1,221	)	246		(5,949	)	553		(1,101	)	(275	)	(8,576	)	(2,536	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		2,227		2,087		-		-		3,678		3,573
Transfers between funds		-		-		-		7,848		-		-		(98	)	(5,408	)
Surrenders (note 6)		-		-		-		-		-		-		(68	)	(301	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		-		-		-		-		-		-		171		(12	)
Deductions for surrender charges (note 2d)		-		-		-		-		-		-		-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(130	)	(158	)	(304	)	(207	)	(231	)	(269	)	(989	)	(1,420	)
Asset charges (note 3):		(11	)	(16	)	(46	)	(38	)	(21	)	(24	)	(98	)	(137	)
Adjustments to maintain reserves		(25	)	9		(6	)	(13	)	(2	)	(1	)	(32	)	3
Net equity transactions		(166	)	(165	)	1,871		9,677		(254	)	(294	)	2,564		(3,702	)
Net change in contract owners’ equity		(1,387	)	81		(4,078	)	10,230		(1,355	)	(569	)	(6,012	)	(6,238	)
Contract owners’ equity beginning of period		2,720		2,639		11,495		1,265		3,567		4,136		23,535		29,773
Contract owners’ equity end of period	$	1,333		2,720		7,417		11,495		2,212		3,567		17,523		23,535
CHANGES IN UNITS:
Beginning units		192		204		844		102		238		256		1,882		2,216
Units purchased		-		-		210		761		-		-		303		281
Units redeemed		(16	)	(12	)	(37	)	(19	)	(20	)	(18	)	(118	)	(615	)
Ending units		176		192		1,017		844		218		238		2,067		1,882

(Continued)

19

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	SCF2					SCF3				TRF2				TRF3
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	138		-		685		17		123		114		1,054		816
Realized gain (loss) on investments		(278	)	56		(5,785	)	4,329		(61	)	348		(6,248	)	9,927
Change in unrealized gain (loss) on investments		(14,765	)	(3,361	)	(39,996	)	(5,144	)	(6,850	)	(54	)	(15,418	)	(1,374	)
Reinvested capital gains		4,780		3,842		16,104		10,018		1,667		656		4,573		2,077
Net increase (decrease) in contract owners’ equity resulting from operations		(10,125	)	537		(28,992	)	9,220		(5,121	)	1,064		(16,039	)	11,446
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		22,604		26,008		-		-		12,510		11,188
Transfers between funds		-		-		11,586		(28,832	)	-		-		5,129		(19,150	)
Surrenders (note 6)		(782	)	-		(421	)	(1,867	)	-		-		(2,042	)	(1,836	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(37	)	(68	)	(2,362	)	(185	)	-		(152	)	1		1,092
Deductions for surrender charges (note 2d)		-		-		(178	)	-		-		-		(76	)	-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(391	)	(433	)	(6,061	)	(6,121	)	(1,248	)	(1,543	)	(3,680	)	(5,860	)
Asset charges (note 3):		(84	)	(103	)	(433	)	(372	)	(60	)	(80	)	(228	)	(304	)
Adjustments to maintain reserves		(31	)	22		(36	)	5		(17	)	7		(15	)	9
Net equity transactions		(1,325	)	(582	)	24,699		(11,364	)	(1,325	)	(1,768	)	11,599		(14,861	)
Net change in contract owners’ equity		(11,450	)	(45	)	(4,293	)	(2,144	)	(6,446	)	(704	)	(4,440	)	(3,415	)
Contract owners’ equity beginning of period		27,370		27,415		62,356		64,500		13,202		13,906		25,813		29,228
Contract owners’ equity end of period	$	15,920		27,370		58,063		62,356		6,756		13,202		21,373		25,813
CHANGES IN UNITS:
Beginning units		1,648		1,682		4,660		4,922		850		966		1,890		2,316
Units purchased		-		4		3,183		2,062		-		2		17,772		1,015
Units redeemed		(93	)	(38	)	(826	)	(2,324	)	(105	)	(118	)	(16,985	)	(1,441	)
Ending units		1,555		1,648		7,017		4,660		745		850		2,677		1,890

(Continued)

20

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVARS					RBKF				RBMF				RBF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	750		9,987		64		700		3,257		799		-		-
Realized gain (loss) on investments		(59,899	)	20,928		(68,633	)	(6,819	)	(256,019	)	130,699		(43,834	)	(18,061	)
Change in unrealized gain (loss) on investments		14,159		(13,027	)	1,282		(799	)	37,806		(30,129	)	4,638		(2,770	)
Reinvested capital gains		-		2,578		-		-		32,859		43,625		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(44,990	)	20,466		(67,287	)	(6,918	)	(182,097	)	144,994		(39,196	)	(20,831	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		55,216		66,462		4,225		7,211		97,909		43,356		23,327		25,355
Transfers between funds		(93,093	)	(119,051	)	97,683		(286,784	)	(327,141	)	271,336		34,710		107,924
Surrenders (note 6)		(1,204	)	(16,814	)	(595	)	(33	)	(13,377	)	(5,703	)	(2,862	)	(208	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(41,824	)	(1,431	)	(4,478	)	(607	)	(6,058	)	(20,341	)	930		(293	)
Deductions for surrender charges (note 2d)		(2,670	)	(1,946	)	(1,704	)	(1,097	)	(1,959	)	(1,839	)	(848	)	(100	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(20,202	)	(23,972	)	(4,614	)	(3,163	)	(45,332	)	(35,575	)	(16,424	)	(8,091	)
Asset charges (note 3):		(967	)	(1,560	)	(252	)	(140	)	(1,996	)	(2,261	)	(896	)	(563	)
Adjustments to maintain reserves		(11	)	(5	)	(26	)	-		(56	)	9		(49	)	18
Net equity transactions		(104,755	)	(98,317	)	90,239		(284,613	)	(298,010	)	248,982		37,888		124,042
Net change in contract owners’ equity		(149,745	)	(77,851	)	22,952		(291,531	)	(480,107	)	393,976		(1,308	)	103,211
Contract owners’ equity beginning of period		272,907		350,758		25,940		317,471		706,285		312,309		175,940		72,729
Contract owners’ equity end of period	$	123,162		272,907		48,892		25,940		226,178		706,285		174,632		175,940
CHANGES IN UNITS:
Beginning units		25,526		34,066		2,542		22,686		29,380		17,404		15,098		6,516
Units purchased		5,598		8,940		8,054		1,421		5,092		16,490		5,303		9,449
Units redeemed		(16,951	)	(17,480	)	(2,453	)	(21,565	)	(17,241	)	(4,514	)	(3,415	)	(867	)
Ending units		14,173		25,526		8,143		2,542		17,231		29,380		16,986		15,098

(Continued)

21

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVCMD					RCPF				RVLDD				RELF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	10,438		-		188		6,716		6,805		8,031		-		-
Realized gain (loss) on investments		53,012		35,419		(98,361	)	(1,099	)	(382,740	)	77,332		(16,819	)	(2,525	)
Change in unrealized gain (loss) on investments		(131,574	)	8,763		14,270		(11,826	)	147,581		(136,173	)	771		134
Reinvested capital gains		-		-		2,579		28,928		-		85,602		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(68,124	)	44,182		(81,324	)	22,719		(228,354	)	34,792		(16,048	)	(2,391	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		65,659		7,386		8,178		18,345		33,794		27,345		701		(508	)
Transfers between funds		(85,182	)	247,031		(96,556	)	(50,237	)	(363,634	)	205,121		(11,419	)	13,580
Surrenders (note 6)		(13,961	)	(167	)	(683	)	-		(14,839	)	(9,345	)	(1,074	)	(85	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(37,039	)	(6,747	)	(8,669	)	(33,401	)	(8,682	)	(4,882	)	(2,420	)	(3,997	)
Deductions for surrender charges (note 2d)		(1,237	)	-		(1,029	)	(64	)	(3,787	)	(2,160	)	(183	)	-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(29,379	)	(10,865	)	(10,723	)	(10,296	)	(23,404	)	(41,134	)	(897	)	(1,571	)
Asset charges (note 3):		(2,017	)	(637	)	(772	)	(830	)	(1,268	)	(2,626	)	(42	)	(121	)
Adjustments to maintain reserves		42		191		(35	)	71		(19	)	6		(8	)	(2	)
Net equity transactions		(103,114	)	236,192		(110,289	)	(76,412	)	(381,839	)	172,325		(15,342	)	7,296
Net change in contract owners’ equity		(171,238	)	280,374		(191,613	)	(53,693	)	(610,193	)	207,117		(31,390	)	4,905
Contract owners’ equity beginning of period		339,216		58,842		282,501		336,194		789,465		582,348		35,811		30,906
Contract owners’ equity end of period	$	167,978		339,216		90,888		282,501		179,272		789,465		4,421		35,811
CHANGES IN UNITS:
Beginning units		33,836		7,690		17,676		23,366		53,504		42,684		4,126		3,472
Units purchased		18,782		28,390		602		1,327		5,252		14,874		247		2,640
Units redeemed		(19,749	)	(2,244	)	(10,855	)	(7,017	)	(27,022	)	(4,054	)	(3,352	)	(1,986	)
Ending units		32,869		33,836		7,423		17,676		31,734		53,504		1,021		4,126

(Continued)

22

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RENF					RESF				RLCE				RFSF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	-		-		-		-		2,579		26,705		-		1,748
Realized gain (loss) on investments		(426,965	)	61,668		(257,345	)	169,233		(221,594	)	(102,999	)	(88,389	)	(25,214	)
Change in unrealized gain (loss) on investments		67,993		14,620		(166,481	)	(12,172	)	(147,165	)	(24,711	)	(8,451	)	2,199
Reinvested capital gains		33,159		89,312		47,452		47,552		8,295		108,264		-		9,630
Net increase (decrease) in contract owners’ equity resulting from operations		(325,813	)	165,600		(376,374	)	204,613		(357,885	)	7,259		(96,840	)	(11,637	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		91,994		67,184		88,325		28,058		110,053		114,558		10,517		23,877
Transfers between funds		(314,288	)	592,830		(351,171	)	726,248		(694,972	)	219,348		142,082		(57,233	)
Surrenders (note 6)		(18,358	)	(13,870	)	(14,881	)	(13,534	)	(23,670	)	(7,205	)	(415	)	(569	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(11,619	)	(1,569	)	(7,885	)	(11,898	)	(10,088	)	779		(81	)	(1,719	)
Deductions for surrender charges (note 2d)		(3,486	)	(4,876	)	(1,918	)	(2,200	)	(10,346	)	(699	)	(565	)	(19	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(57,543	)	(47,219	)	(62,792	)	(50,760	)	(42,034	)	(82,336	)	(6,243	)	(9,176	)
Asset charges (note 3):		(2,747	)	(2,589	)	(3,146	)	(3,130	)	(2,335	)	(4,479	)	(375	)	(482	)
Adjustments to maintain reserves		(85	)	(15	)	(104	)	36		(74	)	32		(40	)	19
Net equity transactions		(316,132	)	589,876		(353,572	)	672,820		(673,466	)	239,998		144,880		(45,302	)
Net change in contract owners’ equity		(641,945	)	755,476		(729,946	)	877,433		(1,031,351	)	247,257		48,040		(56,939	)
Contract owners’ equity beginning of period		1,069,329		313,853		1,074,069		196,636		1,221,809		974,552		96,386		153,325
Contract owners’ equity end of period	$	427,384		1,069,329		344,123		1,074,069		190,458		1,221,809		144,426		96,386
CHANGES IN UNITS:
Beginning units		34,604		13,530		34,200		8,584		52,820		47,634		7,612		9,832
Units purchased		6,963		23,861		8,955		28,950		7,077		10,131		15,159		1,885
Units redeemed		(15,939	)	(2,787	)	(17,311	)	(3,334	)	(41,657	)	(4,945	)	(819	)	(4,105	)
Ending units		25,628		34,604		25,844		34,200		18,240		52,820		21,952		7,612

(Continued)

23

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RUGB					RHCF				RVHEQ				RINF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	27,362		65,017		-		-		1,469		11,669		-		-
Realized gain (loss) on investments		508,229		100,085		(123,786	)	22,186		(67,201	)	4,085		(7,269	)	(17,659	)
Change in unrealized gain (loss) on investments		65,185		9,558		(27,863	)	684		17,806		(14,611	)	(971	)	1,168
Reinvested capital gains		-		-		16,766		4,127		-		3,763		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		600,776		174,660		(134,883	)	26,997		(47,926	)	4,906		(8,240	)	(16,491	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		121,461		10,289		39,355		50,764		16,024		26,960		4,254		6,070
Transfers between funds		(29,767	)	222,574		234,030		(222,291	)	(101,708	)	74,902		(30,178	)	(87,711	)
Surrenders (note 6)		(5,067	)	(10,185	)	(7,400	)	(518	)	(1,345	)	(13,915	)	(868	)	(316	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(41,675	)	(16,487	)	(17,210	)	(14,230	)	(2,950	)	(5,784	)	(2,153	)	(4,506	)
Deductions for surrender charges (note 2d)		(180	)	(1,502	)	(2,606	)	(1,023	)	(238	)	(1,680	)	(326	)	-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(56,204	)	(43,169	)	(24,675	)	(13,645	)	(14,189	)	(21,484	)	(4,338	)	(7,016	)
Asset charges (note 3):		(3,419	)	(3,322	)	(1,361	)	(1,011	)	(753	)	(1,319	)	(225	)	(561	)
Adjustments to maintain reserves		(518	)	(3,542	)	(46	)	-		(5	)	(8	)	(36	)	13
Net equity transactions		(15,369	)	154,656		220,087		(201,954	)	(105,164	)	57,672		(33,870	)	(94,027	)
Net change in contract owners’ equity		585,407		329,316		85,204		(174,957	)	(153,090	)	62,578		(42,110	)	(110,518	)
Contract owners’ equity beginning of period		461,065		131,749		211,046		386,003		255,430		192,852		66,892		177,410
Contract owners’ equity end of period	$	1,046,472		461,065		296,250		211,046		102,340		255,430		24,782		66,892
CHANGES IN UNITS:
Beginning units		35,794		11,224		15,064		29,212		24,228		18,870		4,208		12,320
Units purchased		29,690		31,648		17,439		3,930		2,639		9,558		362		398
Units redeemed		(9,388	)	(7,078	)	(4,362	)	(18,078	)	(14,121	)	(4,200	)	(1,742	)	(8,510	)
Ending units		56,096		35,794		28,141		15,064		12,746		24,228		2,828		4,208

(Continued)

24

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVIDD					RJNF				RVIMC				RAF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	732		1,949		1,433		23,058		403		4,145		483		11,725
Realized gain (loss) on investments		195,607		11,597		(134,523	)	(104,792	)	46,464		(24,950	)	181,822		(303,277	)
Change in unrealized gain (loss) on investments		(54,843	)	45,136		(1,132	)	(14,082	)	195		1,928		(3,219	)	(6,701	)
Reinvested capital gains		44,696		-		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		186,192		58,682		(134,222	)	(95,816	)	47,062		(18,877	)	179,086		(298,253	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		52		1,733		13,454		24,312		3,077		1,703		298,278		196,694
Transfers between funds		(1,219,399	)	1,152,701		429,036		(536,368	)	(116,639	)	44,696		(522,713	)	250,526
Surrenders (note 6)		(66	)	(2,060	)	(15,257	)	(5,629	)	(11,596	)	(31,449	)	(13,208	)	(68,953	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(32,175	)	(25,448	)	(34,565	)	(36,971	)	(6,678	)	(1,643	)	(17,274	)	(21,933	)
Deductions for surrender charges (note 2d)		-		-		(35,909	)	(376	)	(1,256	)	(3,618	)	(211	)	(6,237	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(33,899	)	(13,053	)	(24,753	)	(25,449	)	(9,099	)	(6,003	)	(87,753	)	(80,084	)
Asset charges (note 3):		(2,457	)	(762	)	(1,515	)	(1,509	)	(839	)	(508	)	(3,739	)	(4,695	)
Adjustments to maintain reserves		(16	)	(1	)	128		(13	)	(11	)	-		(26	)	6
Net equity transactions		(1,287,960	)	1,113,110		330,619		(582,003	)	(143,041	)	3,178		(346,646	)	265,324
Net change in contract owners’ equity		(1,101,768	)	1,171,792		196,397		(677,819	)	(95,979	)	(15,699	)	(167,560	)	(32,929	)
Contract owners’ equity beginning of period		1,299,856		128,064		169,156		846,975		156,102		171,801		308,276		341,205
Contract owners’ equity end of period	$	198,088		1,299,856		365,553		169,156		60,123		156,102		140,716		308,276
CHANGES IN UNITS:
Beginning units		202,906		18,194		20,956		100,194		20,476		22,088		43,324		42,542
Units purchased		33		191,111		58,884		2,706		348		4,230		35,880		24,481
Units redeemed		(183,714	)	(6,399	)	(14,951	)	(81,944	)	(14,957	)	(5,842	)	(65,844	)	(23,699	)
Ending units		19,225		202,906		64,889		20,956		5,867		20,476		13,360		43,324

(Continued)

25

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVISC					RUF				RLCJ				RVLCG
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	11,113		14,163		2,181		19,963		957		15,276		-		-
Realized gain (loss) on investments		10,126		(12,714	)	1,378,188		(124,684	)	(21,672	)	(223,247	)	(103,928	)	(7,455	)
Change in unrealized gain (loss) on investments		(26,821	)	(1,766	)	(18,594	)	76,987		(39,791	)	143,905		(2,669	)	691
Reinvested capital gains		-		-		-		-		-		-		-		6,620
Net increase (decrease) in contract owners’ equity resulting from operations		(5,582	)	(317	)	1,361,775		(27,734	)	(60,506	)	(64,066	)	(106,597	)	(144	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		5,746		15,435		13,191		249,933		24,076		283,402		22,323		45,858
Transfers between funds		1,674,709		75,678		(1,312,862	)	(415,617	)	(53,439	)	(791,675	)	104,667		(384,711	)
Surrenders (note 6)		(11,800	)	(34,887	)	(2,369	)	(35,302	)	(3,347	)	(8,016	)	(17,029	)	(942	)
Death benefits (note 4)		-		-		(30,048	)	-		-		-		-		-
Net policy repayments (loans) (note 5)		(25,792	)	(8,366	)	(29,673	)	(1,209	)	(2,083	)	(8,110	)	(10,655	)	5,265
Deductions for surrender charges (note 2d)		(153	)	(4,305	)	(14	)	(4,407	)	(580	)	(1,177	)	(5,563	)	(185	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(24,677	)	(19,240	)	(34,563	)	(61,708	)	(12,530	)	(56,715	)	(26,358	)	(40,150	)
Asset charges (note 3):		(2,186	)	(1,666	)	(3,202	)	(2,515	)	(803	)	(2,328	)	(961	)	(1,954	)
Adjustments to maintain reserves		(17	)	4		594		9		(31	)	(6	)	(40	)	25
Net equity transactions		1,615,830		22,653		(1,398,946	)	(270,816	)	(48,737	)	(584,625	)	66,384		(376,794	)
Net change in contract owners’ equity		1,610,248		22,336		(37,171	)	(298,550	)	(109,243	)	(648,691	)	(40,213	)	(376,938	)
Contract owners’ equity beginning of period		255,044		232,708		460,803		759,353		218,535		867,226		300,232		677,170
Contract owners’ equity end of period	$	1,865,292		255,044		423,632		460,803		109,292		218,535		260,019		300,232
CHANGES IN UNITS:
Beginning units		33,112		31,834		60,634		100,746		16,262		57,286		25,586		60,544
Units purchased		168,992		10,749		1,128		34,211		2,491		20,299		17,368		8,205
Units redeemed		(7,891	)	(9,471	)	(21,730	)	(74,323	)	(6,619	)	(61,323	)	(6,130	)	(43,163	)
Ending units		194,213		33,112		40,032		60,634		12,134		16,262		36,824		25,586

(Continued)

26

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVLCV					RLF				RMED				RVMCG
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	1,106		2,713		-		-		-		8,899		-		-
Realized gain (loss) on investments		(115,776	)	(306	)	(20,274	)	7,476		(241,396	)	(137,130	)	(124,592	)	8,406
Change in unrealized gain (loss) on investments		24,507		(26,554	)	(3,271	)	(2,439	)	(25,428	)	55,128		(34,891	)	(25,423	)
Reinvested capital gains		16,293		20,096		2,078		2,426		-		67,248		-		40,169
Net increase (decrease) in contract owners’ equity resulting from operations		(73,870	)	(4,051	)	(21,467	)	7,463		(266,824	)	(5,855	)	(159,483	)	23,152
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		34,098		65,611		2,151		7,749		89,209		173,815		50,440		75,900
Transfers between funds		(22,557	)	(267,609	)	3,674		(254,590	)	(24,228	)	(244,536	)	(288,328	)	82,141
Surrenders (note 6)		(13,148	)	(6,031	)	-		(269	)	(22,841	)	(12,182	)	(2,466	)	(9,923	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(193	)	(24,643	)	(4,573	)	(255	)	(4,792	)	1,005		(1,983	)	(6,019	)
Deductions for surrender charges (note 2d)		(1,058	)	(427	)	(382	)	(101	)	(11,086	)	(2,497	)	(168	)	(1,117	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(10,667	)	(30,386	)	(3,130	)	(6,782	)	(39,531	)	(57,162	)	(24,501	)	(34,295	)
Asset charges (note 3):		(536	)	(1,566	)	(120	)	(405	)	(1,897	)	(2,774	)	(1,353	)	(2,121	)
Adjustments to maintain reserves		(31	)	(9	)	(19	)	19		(61	)	20		(22	)	11
Net equity transactions		(14,092	)	(265,060	)	(2,399	)	(254,634	)	(15,227	)	(144,311	)	(268,381	)	104,577
Net change in contract owners’ equity		(87,962	)	(269,111	)	(23,866	)	(247,171	)	(282,051	)	(150,166	)	(427,864	)	127,729
Contract owners’ equity beginning of period		138,926		408,037		27,489		274,660		543,628		693,794		623,135		495,406
Contract owners’ equity end of period	$	50,964		138,926		3,623		27,489		261,577		543,628		195,271		623,135
CHANGES IN UNITS:
Beginning units		10,646		29,590		1,742		16,964		29,858		39,476		46,060		39,714
Units purchased		4,047		5,438		164		477		7,711		10,561		7,681		11,021
Units redeemed		(7,087	)	(24,382	)	(1,455	)	(15,699	)	(5,760	)	(20,179	)	(31,137	)	(4,675	)
Ending units		7,606		10,646		451		1,742		31,809		29,858		22,604		46,060

(Continued)

27

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVMCV					RVCEQ				RVF				ROF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	-		3,775		1,157		148		473		9,564		432		976
Realized gain (loss) on investments		(18,848	)	3,875		(17,575	)	(7,280	)	(799,337	)	463,466		(614,232	)	699,570
Change in unrealized gain (loss) on investments		(76,233	)	(6,992	)	3,409		(3,473	)	17,935		(4,866	)	44,804		(34,280	)
Reinvested capital gains		24,662		183		84		1,965		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(70,419	)	841		(12,925	)	(8,640	)	(780,929	)	468,164		(568,996	)	666,266
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		47,257		48,293		576		768		102,267		252,604		34,871		108,891
Transfers between funds		15,250		(209,750	)	9,937		13,448		(1,859,108	)	1,199,891		(2,740,125	)	2,921,995
Surrenders (note 6)		(2,125	)	(3,026	)	-		-		(82,794	)	(4,112	)	(38,369	)	(5,363	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		2,095		(21,161	)	-		-		(8,604	)	(7,555	)	(15,661	)	(17,564	)
Deductions for surrender charges (note 2d)		(199	)	(614	)	-		-		(24,176	)	(4,223	)	(7,749	)	(1,808	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(14,078	)	(25,038	)	(1,632	)	(1,824	)	(84,361	)	(126,424	)	(49,723	)	(78,326	)
Asset charges (note 3):		(678	)	(1,286	)	(93	)	(148	)	(4,348	)	(6,755	)	(3,569	)	(5,996	)
Adjustments to maintain reserves		(47	)	11		(16	)	3		(28	)	(3	)	(9	)	2
Net equity transactions		47,475		(212,571	)	8,772		12,247		(1,961,152	)	1,303,423		(2,820,334	)	2,921,831
Net change in contract owners’ equity		(22,944	)	(211,730	)	(4,153	)	3,607		(2,742,081	)	1,771,587		(3,389,330	)	3,588,097
Contract owners’ equity beginning of period		123,501		335,231		22,889		19,282		3,035,305		1,263,718		4,651,780		1,063,683
Contract owners’ equity end of period	$	100,557		123,501		18,736		22,889		293,224		3,035,305		1,262,450		4,651,780
CHANGES IN UNITS:
Beginning units		8,884		22,946		2,278		1,818		180,778		96,492		316,054		85,150
Units purchased		7,384		4,014		1,003		645		10,611		94,494		2,794		239,444
Units redeemed		(3,436	)	(18,076	)	(226	)	(185	)	(127,658	)	(10,208	)	(171,185	)	(8,540	)
Ending units		12,832		8,884		3,055		2,278		63,731		180,778		147,663		316,054

(Continued)

28

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RNF					RPMF				RREF				RRF
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	929		10,389		-		-		1,514		3,593		-		-
Realized gain (loss) on investments		(130,894	)	20,552		(1,115,927	)	146,380		(133,159	)	(12,394	)	(18,108	)	(1,742	)
Change in unrealized gain (loss) on investments		(78,610	)	(31,219	)	278,080		(46,093	)	(12,702	)	(25,613	)	110		642
Reinvested capital gains		-		-		-		-		15,252		17,925		4		980
Net increase (decrease) in contract owners’ equity resulting from operations		(208,575	)	(278	)	(837,847	)	100,287		(129,095	)	(16,489	)	(17,994	)	(120	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		31,648		43,775		95,581		111,899		50,421		58,909		725		922
Transfers between funds		(276,108	)	135,668		438,650		538,986		189,382		(340,201	)	40,587		(17,209	)
Surrenders (note 6)		(50,728	)	(6,082	)	(24,375	)	(35,823	)	(2,219	)	(463	)	(1	)	(59	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(12,035	)	(12,183	)	(44,831	)	19,543		(2,394	)	(4,394	)	(1,706	)	(8	)
Deductions for surrender charges (note 2d)		(4,496	)	(996	)	(2,361	)	(1,723	)	(373	)	(212	)	-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(27,002	)	(36,634	)	(65,189	)	(52,869	)	(17,594	)	(22,410	)	(1,406	)	(1,420	)
Asset charges (note 3):		(1,587	)	(2,603	)	(6,125	)	(4,562	)	(933	)	(1,193	)	(102	)	(89	)
Adjustments to maintain reserves		(26	)	2		(66	)	46		(89	)	205		(32	)	(4	)
Net equity transactions		(340,334	)	120,947		391,284		575,497		216,201		(309,759	)	38,065		(17,867	)
Net change in contract owners’ equity		(548,909	)	120,669		(446,563	)	675,784		87,106		(326,248	)	20,071		(17,987	)
Contract owners’ equity beginning of period		730,680		610,011		1,833,424		1,157,640		134,577		460,825		1,710		19,697
Contract owners’ equity end of period	$	181,771		730,680		1,386,861		1,833,424		221,683		134,577		21,781		1,710
CHANGES IN UNITS:
Beginning units		44,842		37,858		98,254		74,170		8,272		22,910		152		1,530
Units purchased		3,790		10,888		31,361		30,364		16,768		5,214		3,045		149
Units redeemed		(24,129	)	(3,904	)	(8,640	)	(6,280	)	(1,692	)	(19,852	)	(310	)	(1,527	)
Ending units		24,503		44,842		120,975		98,254		23,348		8,272		2,887		152

(Continued)

29

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RMEK					RTF				RSRF				RVSCG
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	783		30,945		-		16,506		-		-		-		-
Realized gain (loss) on investments		(620,102	)	(620,694	)	(1,149,666	)	(310,998	)	(181,413	)	27,027		(54,039	)	(32,590	)
Change in unrealized gain (loss) on investments		36,312		(102,712	)	49,869		(34,948	)	(160,175	)	(17,089	)	2,117		5,616
Reinvested capital gains		-		103,867		-		176,525		2,125		65,277		-		8,699
Net increase (decrease) in contract owners’ equity resulting from operations		(583,007	)	(588,594	)	(1,099,797	)	(152,915	)	(339,463	)	75,215		(51,922	)	(18,275	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		55,339		89,483		71,796		95,005		140,694		196,374		19,428		33,530
Transfers between funds		296,411		(2,924,600	)	(298,036	)	1,090,051		(252,169	)	346,183		30,752		(425,657	)
Surrenders (note 6)		(33,410	)	(13,683	)	(37,630	)	(5,132	)	(14,350	)	(10,762	)	(272	)	(3,488	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		21		(26,637	)	12,407		20,486		(188	)	(28,301	)	(2,194	)	(5,710	)
Deductions for surrender charges (note 2d)		(3,482	)	(2,019	)	(30,756	)	(2,333	)	(9,210	)	(1,581	)	(10	)	(328	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(49,819	)	(104,259	)	(57,930	)	(103,814	)	(73,748	)	(49,927	)	(9,397	)	(20,292	)
Asset charges (note 3):		(3,764	)	(6,565	)	(2,431	)	(4,368	)	(3,313	)	(3,093	)	(592	)	(1,466	)
Adjustments to maintain reserves		(25	)	(38	)	(36	)	(12	)	(63	)	34		(8	)	(6	)
Net equity transactions		261,271		(2,988,318	)	(342,616	)	1,089,883		(212,347	)	448,927		37,707		(423,417	)
Net change in contract owners’ equity		(321,736	)	(3,576,912	)	(1,442,413	)	936,968		(551,810	)	524,142		(14,215	)	(441,692	)
Contract owners’ equity beginning of period		552,039		4,128,951		1,615,141		678,173		1,047,148		523,006		79,548		521,240
Contract owners’ equity end of period	$	230,303		552,039		172,728		1,615,141		495,338		1,047,148		65,333		79,548
CHANGES IN UNITS:
Beginning units		32,980		230,052		90,754		38,340		57,518		35,262		6,010		39,338
Units purchased		6,260		5,539		4,762		62,210		13,811		28,256		2,681		4,042
Units redeemed		(10,950	)	(202,611	)	(65,202	)	(9,796	)	(25,420	)	(6,000	)	(1,176	)	(37,370	)
Ending units		28,290		32,980		30,314		90,754		45,909		57,518		7,515		6,010

(Continued)

30

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RVSCV					RVSDL				RTEC				RTEL
	2008			2007		2008		2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	1,155		652		-		-		-		-		660		421
Realized gain (loss) on investments		(39,012	)	(92,928	)	56,724		(4,283	)	(65,856	)	7,040		(99,855	)	19,437
Change in unrealized gain (loss) on investments		(42,221	)	4,005		(13,512	)	(422	)	1,213		1,464		6,061		(340	)
Reinvested capital gains		-		46,732		-		-		12,843		-		61,557		-
Net increase (decrease) in contract owners’ equity resulting from operations		(80,078	)	(41,539	)	43,212		(4,705	)	(51,800	)	8,504		(31,577	)	19,518
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		20,023		16,477		85,394		623		4,756		13,543		2,836		20,305
Transfers between funds		116,769		(143,203	)	(82,848	)	80,073		(177,231	)	181,825		(28,163	)	(67,837	)
Surrenders (note 6)		(309	)	(2,785	)	(4,396	)	(55	)	(7,863	)	(1,344	)	(1,929	)	(5,743	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		494		6,357		(6,333	)	(4,859	)	129		(7,012	)	(1,368	)	(9,822	)
Deductions for surrender charges (note 2d)		(6	)	(146	)	(91	)	-		(927	)	(500	)	(286	)	(1,570	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(8,775	)	(12,714	)	(14,586	)	(3,406	)	(9,573	)	(19,171	)	(6,617	)	(17,380	)
Asset charges (note 3):		(546	)	(919	)	(558	)	(194	)	(499	)	(1,198	)	(423	)	(1,418	)
Adjustments to maintain reserves		(43	)	8		(12	)	(4	)	(33	)	14		(34	)	4
Net equity transactions		127,607		(136,925	)	(23,430	)	72,178		(191,241	)	166,157		(35,984	)	(83,461	)
Net change in contract owners’ equity		47,529		(178,464	)	19,782		67,473		(243,041	)	174,661		(67,561	)	(63,943	)
Contract owners’ equity beginning of period		60,295		238,759		75,240		7,767		285,809		111,148		159,739		223,682
Contract owners’ equity end of period	$	107,824		60,295		95,022		75,240		42,768		285,809		92,178		159,739
CHANGES IN UNITS:
Beginning units		5,192		16,374		8,566		788		22,122		9,496		9,704		14,842
Units purchased		12,290		2,313		10,980		8,666		562		15,066		2,273		2,174
Units redeemed		(1,050	)	(13,495	)	(9,298	)	(888	)	(16,620	)	(2,440	)	(1,733	)	(7,312	)
Ending units		16,432		5,192		10,248		8,566		6,064		22,122		10,244		9,704

(Continued)

31

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2008 and 2007

	RTRF					RUTL				RVWDL
	2008			2007		2008		2007		2008		2007
Investment activity:
Net investment income (loss)	$	-		-		813		5,129		-		72,048
Realized gain (loss) on investments		(65,703	)	(49,228	)	(129,567	)	17,138		(49,812	)	48,446
Change in unrealized gain (loss) on investments		(8,890	)	3,460		5,254		(318	)	64,656		(61,112	)
Reinvested capital gains		2,856		33,496		2,150		34,603		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(71,737	)	(12,272	)	(121,350	)	56,552		14,844		59,382
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		20,124		22,285		42,319		40,135		12,233		8,954
Transfers between funds		140,691		(75,532	)	2,964		(247,628	)	76,517		295,732
Surrenders (note 6)		(7	)	(425	)	(3,166	)	(13,312	)	(1,453	)	(66	)
Death benefits (note 4)		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(5,778	)	(8,154	)	(15,398	)	(30,874	)	14		(8,740	)
Deductions for surrender charges (note 2d)		-		(61	)	(2,354	)	(1,016	)	(215	)	-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(18,313	)	(7,507	)	(27,166	)	(31,048	)	(12,675	)	(6,699	)
Asset charges (note 3):		(773	)	(368	)	(1,316	)	(1,780	)	(822	)	(934	)
Adjustments to maintain reserves		(30	)	(2	)	(73	)	30		(14	)	(8	)
Net equity transactions		135,914		(69,764	)	(4,190	)	(285,493	)	73,585		288,239
Net change in contract owners’ equity		64,177		(82,036	)	(125,540	)	(228,941	)	88,429		347,621
Contract owners’ equity beginning of period		57,784		139,820		258,009		486,950		566,519		218,898
Contract owners’ equity end of period	$	121,961		57,784		132,469		258,009		654,948		566,519
CHANGES IN UNITS:
Beginning units		4,146		9,154		13,404		28,552		45,758		20,884
Units purchased		9,499		1,698		4,393		3,717		15,756		26,389
Units redeemed		(1,937	)	(6,706	)	(8,025	)	(18,865	)	(1,237	)	(1,515	)
Ending units		11,708		4,146		9,772		13,404		60,277		45,758

See accompanying notes to financial statements.

32

NATIONWIDE VLI SEPARATE ACCOUNT-6

NOTES TO FINANCIAL STATEMENTS

December 31, 2008 and 2008

(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 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:

With certain exceptions, contract owners may invest in the following:

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

American Century VP - Income & Growth Fund - Class II (ACVIG2)

American Century VP - Income & Growth Fund - Class III (ACVIG3)

American Century VP - Ultra(R) Fund - Class II (ACVU2)

American Century VP - Ultra(R) Fund - Class III (ACVU3)

American Century VP - Value Fund - Class II (ACVV2)

American Century VP - Value Fund - Class III (ACVV3)

Portfolios of the Fidelity(R) Variable Insurance Products Fund (Fidelity(R) VIP);

Fidelity(R) VIP - Equity-Income Portfolio - Service Class 2 (FEI2)

Fidelity(R) VIP - Equity-Income Portfolio - Service Class 2 R (FEI2R)

Fidelity(R) VIP - Growth Portfolio - Service Class 2 (FG2)

Fidelity(R) VIP - Growth Portfolio - Service Class 2 R (FG2R)

Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class 2 (FC2)

Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class 2 R (FC2R)

Portfolios of the Nationwide Variable Insurance Trust (Nationwide VIT);

Nationwide VIT - Federated High Income Bond Fund - Class III (HIBF3)

Nationwide VIT - Government Bond Fund - Class I (GBF)

Nationwide VIT - Government Bond Fund - Class II (GBF2)*

Nationwide VIT - Government Bond Fund - Class III (GBF3)

Nationwide VIT - Investor Destinations Aggressive Fund - Class II (GVIDA)

Nationwide VIT - Investor Destinations Aggressive Fund - Class VI (GVIDA6)

Nationwide VIT - Investor Destinations Conservative Fund - Class II (GVIDC)*

Nationwide VIT - Investor Destinations Conservative Fund - Class VI (GVIDC6)

Nationwide VIT - Investor Destinations Moderate Fund - Class II (GVIDM)

Nationwide VIT - Investor Destinations Moderate Fund - Class VI (GVIDM6)

Nationwide VIT - Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)

Nationwide VIT - Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)

Nationwide VIT - Investor Destinations Moderately Conservative Fund - Class II (GVDMC)*

Nationwide VIT - Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)

Nationwide VIT - Mid Cap Growth Fund - Class I (SGRF)

Nationwide VIT - Mid Cap Growth Fund - Class III (SGRF3)

Nationwide VIT - Money Market Fund - Class II (SAM2)

Nationwide VIT - Multi-Manager Small Cap Growth Fund - Class II (SCGF2)

Nationwide VIT - Multi-Manager Small Cap Growth Fund - Class III (SCGF3)

Nationwide VIT - Multi-Manager Small Cap Value Fund - Class II (SCVF2)

Nationwide VIT - Multi-Manager Small Cap Value Fund - Class III (SCVF3)

Nationwide VIT - Multi-Manager Small Company Fund - Class II (SCF2)

Nationwide VIT - Multi-Manager Small Company Fund - Class III (SCF3)

Nationwide VIT - Nationwide Fund - Class II (TRF2)

Nationwide VIT - Nationwide Fund - Class III (TRF3)

Portfolios of the Rydex Variable Trust;

Rydex Variable Trust Portfolios - Absolute Return Strategies Fund (RVARS)

Rydex Variable Trust Portfolios - Banking Fund (RBKF)

Rydex Variable Trust Portfolios - Basic Materials Fund (RBMF)

(Continued)

33

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

Rydex Variable Trust Portfolios - Biotechnology Fund (RBF)

Rydex Variable Trust Portfolios - Commodities Strategy Fund (RVCMD)

Rydex Variable Trust Portfolios - Consumer Products Fund (RCPF)

Rydex Variable Trust Portfolios - Dow 2x Strategy Fund (RVLDD)

Rydex Variable Trust Portfolios - Electronics Fund (RELF)

Rydex Variable Trust Portfolios - Energy Fund (RENF)

Rydex Variable Trust Portfolios - Energy Services Fund (RESF)

Rydex Variable Trust Portfolios - Europe 1.25x Strategy Fund (RLCE)

Rydex Variable Trust Portfolios - Financial Services Fund (RFSF)

Rydex Variable Trust Portfolios - Government Long Bond 1.2x Strategy Fund (RUGB)

Rydex Variable Trust Portfolios - Health Care Fund (RHCF)

Rydex Variable Trust Portfolios - Hedged Equity Fund (RVHEQ)

Rydex Variable Trust Portfolios - Internet Fund (RINF)

Rydex Variable Trust Portfolios - Inverse Dow 2x Strategy Fund (RVIDD)

Rydex Variable Trust Portfolios - Inverse Government Long Bond Strategy Fund (RJNF)

Rydex Variable Trust Portfolios - Inverse Mid Cap Strategy Fund (RVIMC)

Rydex Variable Trust Portfolios - Inverse NASDAQ-100(R) Strategy Fund (RAF) (formerly Inverse OTC

    Strategy Fund)

Rydex Variable Trust Portfolios - Inverse Russell 2000(R) Strategy Fund (RVISC)

Rydex Variable Trust Portfolios - Inverse S&P 500 Strategy Fund (RUF)

Rydex Variable Trust Portfolios - Japan 1.25x Strategy Fund (RLCJ)

Rydex Variable Trust Portfolios - Large Cap Growth Fund (RVLCG)

Rydex Variable Trust Portfolios - Large Cap Value Fund (RVLCV)

Rydex Variable Trust Portfolios - Leisure Fund (RLF)

Rydex Variable Trust Portfolios - Mid Cap 1.5x Strategy Fund (RMED)

Rydex Variable Trust Portfolios - Mid Cap Growth Fund (RVMCG)

Rydex Variable Trust Portfolios - Mid Cap Value Fund (RVMCV)

Rydex Variable Trust Portfolios - Multi Cap Core Equity Fund (RVCEQ)

Rydex Variable Trust Portfolios - NASDAQ-100(R) 2x Strategy Fund (RVF) (formerly OTC 2x Strategy Fund)

Rydex Variable Trust Portfolios - NASDAQ-100(R) Fund (ROF) (formerly OTC Fund)

Rydex Variable Trust Portfolios - Nova Fund (RNF)

Rydex Variable Trust Portfolios - Precious Metals Fund (RPMF)

Rydex Variable Trust Portfolios - Real Estate Fund (RREF)

Rydex Variable Trust Portfolios - Retailing Fund (RRF)

Rydex Variable Trust Portfolios - Russell 2000(R) 1.5x Strategy Fund (RMEK)

Rydex Variable Trust Portfolios - S&P 500 2x Strategy Fund (RTF)

Rydex Variable Trust Portfolios - Sector Rotation Fund (RSRF)

Rydex Variable Trust Portfolios - Small Cap Growth Fund (RVSCG)

Rydex Variable Trust Portfolios - Small Cap Value Fund (RVSCV)

Rydex Variable Trust Portfolios - Strengthening Dollar 2x Strategy Fund (RVSDL)

Rydex Variable Trust Portfolios - Technology Fund (RTEC)

Rydex Variable Trust Portfolios - Telecommunications Fund (RTEL)

Rydex Variable Trust Portfolios - Transportation Fund (RTRF)

Rydex Variable Trust Portfolios - Utilities Fund (RUTL)

Rydex Variable Trust Portfolios - Weakening Dollar 2x Strategy Fund (RVWDL)

* At December 31, 2008, contract owners were not invested in this fund.

The contract owners’ equity is affected by the investment results of each fund, equity transactions by contract owners and certain policy and asset charges (see notes 2 and 3). The accompanying financial statements include only contract owners’ purchase payments pertaining to the variable portions of their contracts and exclude any purchase payments for fixed dollar benefits, the latter being included in the Accounts of the Company.

A contract owner may choose from among a number of different underlying mutual fund options. The underlying mutual fund options are not available to the general public directly. The underlying mutual funds are available as investment options in variable life insurance policies or variable annuity contracts issued by life insurance companies or, in some cases, through participation in certain qualified pension or retirement plans.

Some of the underlying mutual funds have been established by investment advisers which manage publicly traded mutual funds having similar names and investment objectives. While some of the underlying mutual funds may be similar to, and may in fact be modeled after, publicly traded mutual funds, the underlying mutual funds are not otherwise directly related to any publicly traded mutual fund. Consequently, the investment performance of publicly traded mutual funds and any corresponding underlying mutual funds may differ substantially.

(Continued)

34

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

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.

(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, 2008 of such funds, which value their investment securities at fair value. The cost of investments sold is determined on a first in – first out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed), and dividends and capital gain distributions are accrued as of the ex-dividend date and are reinvested in the underlying mutual funds.

(d) Federal Income Taxes

Operations of the Account form a part of, and are taxed with, operations of the Company, which is taxed as a life insurance company under the provisions of the Internal Revenue Code. The Company does not provide for income taxes within the Account. Taxes are generally the responsibility of the contract owner upon termination or withdrawal.

(e) Use of Estimates in the Preparation of Financial Statements

The preparation of financial statements in conformity with U.S. generally accepted accounting principles may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, if any, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

(f) Recently Issued Accounting Standard

In September 2006, the FASB issued SFAS No. 157, Fair Value Measurements (SFAS 157). SFAS 157 provides enhanced guidance for using fair value to measure assets and liabilities and requires new disclosures about fair value measurements. SFAS 157 also provides guidance regarding the extent to which companies measure assets and liabilities at fair value, the information used to measure fair value, and the effect of fair value measurements on earnings. For assets and liabilities that are measured at fair value on a recurring basis in periods subsequent to initial recognition, the reporting entity shall disclose information that enables financial statement users to assess the inputs used to develop those measurements. SFAS 157 applies whenever other standards require (or permit) assets or liabilities to be measured at fair value but does not expand the use of fair value in any new circumstances. SFAS 157 is effective for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years, with early adoption permitted. The Company adopted SFAS 157 effective January 1, 2008. The adoption of SFAS 157 did not have a material impact on the Account’s financial position or results of operations.

(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, 2008 and 2007, total front-end sales charge deductions were $414,026 and $475,885, respectively and were recognized as a reduction of purchase payments on the Statement of Changes in Contract Owners’ Equity.

(b) Cost of Insurance

A cost of insurance charge is assessed monthly against each contract by liquidating units. The amount of the charge varies widely and is based upon age, sex, rate class, and net amount at risk (death benefit less total contract value).

(c) Administrative Charges

The Company 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.

(Continued)

35

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

(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 each year. After the ninth year, the charge is 0%. 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. The charges are assessed against each contract by liquidating units.

(3) Asset Charges

The Company deducts a charge related to the assumption of mortality and expense risk.

This charge is $0.50 per $1,000 on the first $25,000 of cash value. During the first through fifteenth years from the policy date, the charge is $0.25 per $1,000 of cash value on amounts between $25,000 and $250,000 of cash value. Otherwise, the charge is $0.17 per $1,000 of cash value thereafter. This charge is assessed monthly against each contract by liquidating units.

(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:

1) The death benefit will be the greater of the Specified Amount or minimum required death benefit;

2) 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;

3) 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. In the event that the guaranteed death benefit exceeds the contract value on the date of death, the excess is paid by the Company’s general account.

(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. The contract is charged 3.9% interest on the outstanding loan.

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 credited back to the Account.

(6) Related Party Transactions

The Company performs various services on behalf of the mutual fund companies in which the Account invests and may receive fees for the services performed. These services include, among other things, shareholder communications, postage, fund transfer agency and various other record keeping and customer service functions. These fees are paid to an affiliate of the Company. Contract owners may, with certain restrictions, transfer their assets between the Account and a fixed dollar contract (fixed account) maintained in the accounts of the Company. These transfers are the result of the contract owner executing fund exchanges. Fund exchanges from the Account to the fixed account are included in surrenders, and fund exchanges from the fixed account to the Account are included in purchase payments received from contact owners, as applicable, on the accompanying Statements of Change in Contract Owners’ Equity. Policy loan transactions (note 5),

(Continued)

36

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

executed at the direction of the contract owner, also result in transfers between the Account and the fixed account of the Company, but are included in Net Policy (Loans) Repayments. The fixed account assets are not reflected in the accompanying financial statements. For the periods ended December 31, 2008 and 2007, total transfers into the Account from the fixed account were $759,592 and $1,193,323, respectively, and total transfers from the Account to the fixed account were $1,704,892 and $1,563,081, respectively.

(7) Fair Value Measurement

SFAS 157 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Account generally uses the market approach as the valuation technique due to the nature of the mutual fund investments offered in the Account. This technique maximizes the use of observable inputs and minimizes the use of unobservable inputs.

In accordance with SFAS 157, the Account categorized its financial instruments into a three level hierarchy based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument in its entirety.

The Company categorizes financial assets recorded at fair value as follows:

• Level 1 – Unadjusted quoted prices accessible in active markets for identical assets at the measurement date. The assets utilizing Level 1 valuations represent investments in publicly-traded registered mutual funds with quoted market prices.

• Level 2 – Unadjusted quoted prices for similar assets in active markets or inputs (other than quoted prices) that are observable or that are derived principally from or corroborated by observable market data through correlation or other means. The assets utilizing Level 2 valuations represent investments in privately-traded registered mutual funds only offered through insurance products.

• Level 3 – Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. The Account invests only in funds with fair value measurements in the first two levels of the fair value hierarchy.

The following table summarizes assets measured at fair value on a recurring basis as of December 31, 2008:

	Level 1	Level 2		Level 3	Total
Separate Account Investments	0	$	54,076,560	0	$	54,076,560

Accounts Payable of $235 are measured at settlement value which approximates the fair value due to the short-term nature of such liabilities.

The Account did not have any assets or liabilities reported at fair value on a nonrecurring basis required to be disclosed under SFAS 157.

(Continued)

37

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

(8) Financial Highlights

The following tabular presentation is a summary of units, unit fair values and contract owners’ equity outstanding for variable annuity contracts as of the end of the periods indicated, and the investment income ratio and total return for each of the periods in the five year period ended December 31, 2008.

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
American Century VP - Income & Growth Fund - Class II (ACVIG2)
2008	517	$	9.897787	$	5,117	1.70	%	-34.73	%
2007	718		15.163917		10,888	1.60	%	-0.43	%
2006	750		15.229877		11,422	1.44	%	16.81	%
2005	1,326		13.037836		17,288	34.55	%	4.52	%
2004	2,714		12.474389		33,855	1.01	%	12.57	%
American Century VP - Income & Growth Fund - Class III (ACVIG3)
2008	11,835		8.246990		97,603	2.40	%	-34.59	%
2007	17,228		12.607351		217,199	1.48	%	-0.07	%
2006	11,246		12.615826		141,878	1.36	%	17.09	%
2005	5,672		10.774753		61,114	0.00	%	7.75	%	5/2/2005
American Century VP - Ultra(R) Fund - Class II (ACVU2)
2008	1,574		8.135719		12,806	0.00	%	-41.65	%
2007	1,664		13.942182		23,200	0.00	%	20.84	%
2006	4,954		11.537562		57,157	0.00	%	-3.39	%
2005	5,704		11.942190		68,118	0.00	%	1.97	%
2004	9,962		11.710979		116,665	0.00	%	10.59	%
American Century VP - Ultra(R) Fund - Class III (ACVU3)
2008	7,813		7.560823		59,073	0.00	%	-41.52	%
2007	7,520		12.928640		97,223	0.00	%	21.04	%
2006	6,486		10.681571		69,281	0.00	%	-3.28	%
2005	2,692		11.043659		29,730	0.00	%	10.44	%	5/2/2005
American Century VP - Value Fund - Class II (ACVV2)
2008	2,572		10.909345		28,059	2.28	%	-26.80	%
2007	2,872		14.904082		42,805	1.73	%	-5.31	%
2006	4,474		15.739668		70,419	1.21	%	18.46	%
2005	4,744		13.286571		63,031	1.04	%	4.85	%
2004	9,250		12.671512		117,211	0.00	%	14.17	%
American Century VP - Value Fund - Class III (ACVV3)
2008	29,398		8.904231		261,767	2.62	%	-26.78	%
2007	40,622		12.160229		493,973	1.35	%	-5.14	%
2006	28,188		12.818874		361,338	1.21	%	18.65	%
2005	14,436		10.803690		155,962	0.00	%	8.04	%	5/2/2005
Fidelity(R) VIP - Equity-Income Portfolio - Service Class (FEIS)
2004	9,968		12.409671		123,700	0.18	%	11.23	%
Fidelity(R) VIP - Equity-Income Portfolio - Service Class 2 (FEI2)
2008	4,127		9.099694		37,554	2.24	%	-42.81	%
2007	4,452		15.911679		70,839	1.19	%	1.27	%
2006	8,350		15.711721		131,193	3.01	%	19.93	%
2005	9,668		13.100905		126,660	1.48	%	5.57	%
Fidelity(R) VIP - Equity-Income Portfolio - Service Class 2 R (FEI2R)
2008	29,744		7.630455		226,960	2.57	%	-42.82	%
2007	24,786		13.343675		330,736	1.76	%	1.27	%
2006	18,672		13.176169		246,025	3.37	%	19.89	%
2005	9,848		10.990361		108,233	0.00	%	9.90	%	5/2/2005

(Continued)

38

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Fidelity(R) VIP - Growth Portfolio - Service Class (FGS)
2004	3,356	$	11.053471	$	37,095	0.11	%	3.12	%
Fidelity(R) VIP - Growth Portfolio - Service Class 2 (FG2)
2008	893		8.294550		7,407	0.56	%	-47.31	%
2007	1,094		15.741342		17,221	0.51	%	26.66	%
2006	2,334		12.428116		29,007	0.16	%	6.57	%
2005	3,092		11.661647		36,058	0.25	%	5.50	%
Fidelity(R) VIP - Growth Portfolio - Service Class 2 R (FG2R)
2008	15,682		7.997632		125,419	0.24	%	-47.31	%
2007	41,960		15.178221		636,878	0.40	%	26.66	%
2006	5,890		11.983852		70,585	0.21	%	6.58	%
2005	4,986		11.243640		56,061	0.00	%	12.44	%	5/2/2005
Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class (FCS)
2004	17,268		12.622344		217,963	0.04	%	15.16	%
Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class 2 R (FC2R)
2008	59,096		8.960063		529,504	0.60	%	-42.69	%
2007	102,134		15.633758		1,596,738	1.01	%	17.30	%
2006	51,338		13.328329		684,250	1.17	%	11.43	%
2005	16,980		11.961699		203,110	0.00	%	19.62	%	5/2/2005
Fidelity(R) VIP II - Contrafund(R) Portfolio - Service Class 2 (FC2)
2008	4,369		11.029518		48,188	0.78	%	-42.69	%
2007	4,758		19.245347		91,569	0.57	%	17.30	%
2006	9,232		16.406598		151,466	0.90	%	11.43	%
2005	12,254		14.723477		180,421	0.14	%	16.65	%
Nationwide VIT - Federated High Income Bond Fund - Class III (HIBF3)
2008	274,948		7.945275		2,184,538	9.94	%	-28.10	%
2007	11,908		11.050073		131,584	5.31	%	3.17	%
2006	5,192		10.710781		55,610	5.76	%	7.11	%	5/1/2006
Nationwide VIT - Government Bond Fund - Class I (GBF)
2008	2,449		13.098136		32,077	4.22	%	7.72	%
2007	2,614		12.159545		31,785	4.42	%	7.16	%
2006	2,848		11.347304		32,317	4.06	%	3.34	%
2005	4,484		10.980441		49,236	1.46	%	3.26	%
2004	4,364		10.633428		46,404	4.89	%	3.26	%
Nationwide VIT - Government Bond Fund - Class III (GBF3)
2008	129,103		12.112370		1,563,743	4.98	%	7.73	%
2007	40,388		11.243704		454,111	4.65	%	7.15	%
2006	17,056		10.493015		178,969	4.84	%	3.35	%
2005	5,436		10.153318		55,193	3.43	%	1.53	%	5/2/2005
Nationwide VIT - Investor Destinations Aggressive Fund - Class II (GVIDA)
2008	395		9.497063		3,751	2.04	%	-36.84	%
2007	450		15.037103		6,767	1.92	%	5.96	%
2006	486		14.191530		6,897	1.97	%	16.87	%
2005	540		12.143224		6,557	1.85	%	7.93	%
2004	366		11.250923		4,118	2.95	%	12.51	%	5/3/2004
Nationwide VIT - Investor Destinations Aggressive Fund - Class VI (GVIDA6)
2008	24,979		8.768562		219,030	1.45	%	-36.89	%
2007	196,210		13.893242		2,725,993	4.87	%	5.97	%
2006	11,738		13.110997		153,897	3.10	%	16.92	%
2005	1,758		11.213798		19,714	2.78	%	12.14	%	5/2/2005
Nationwide VIT - Investor Destinations Conservative Fund - Class II (GVIDC)
2004	232		10.429263		2,420	4.23	%	4.29	%	5/3/2004

(Continued)

39

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Nationwide VIT - Investor Destinations Conservative Fund - Class VI (GVIDC6)
2008	16,092	$	10.866345	$	174,861	3.51	%	-6.18	%
2007	9,988		11.581503		115,676	4.29	%	5.43	%
2006	2,544		10.985285		27,947	2.88	%	6.13	%
2005	4,990		10.350568		51,649	1.90	%	3.51	%	5/2/2005
Nationwide VIT - Investor Destinations Moderate Fund - Class II (GVIDM)
2008	305		10.338217		3,153	1.66	%	-23.20	%
2007	1,346		13.460367		18,118	2.30	%	5.66	%
2006	2,734		12.739401		34,830	2.04	%	11.35	%
2005	6,366		11.440576		72,831	2.62	%	5.34	%
2004	468		10.860228		5,083	1.54	%	8.60	%	5/3/2004
Nationwide VIT - Investor Destinations Moderate Fund - Class VI (GVIDM6)
2008	46,082		9.718804		447,862	2.89	%	-23.37	%
2007	44,914		12.682135		569,605	3.04	%	5.70	%
2006	27,930		11.997767		335,098	2.71	%	11.44	%
2005	14,960		10.765754		161,056	2.34	%	7.66	%	5/2/2005
Nationwide VIT - Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
2008	3,221		9.909016		31,917	2.45	%	-31.39	%
2007	3,506		14.442614		50,636	2.07	%	6.15	%
2006	6,138		13.605809		83,512	2.13	%	14.54	%
2005	7,256		11.878625		86,191	2.29	%	7.07	%
2004	2,082		11.094081		23,098	0.82	%	10.94	%	5/3/2004
Nationwide VIT - Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)
2008	35,715		9.198575		328,527	2.06	%	-31.39	%
2007	85,062		13.406873		1,140,415	3.02	%	6.16	%
2006	25,380		12.629205		320,529	2.85	%	14.56	%
2005	11,276		11.024077		124,307	2.21	%	10.24	%	5/2/2005
Nationwide VIT - Investor Destinations Moderately Conservative Fund - Class II (GVDMC)
2007	212		12.780655		2,709	3.05	%	5.86	%
2006	216		12.073257		2,608	2.74	%	8.42	%
2005	220		11.135379		2,450	2.11	%	4.49	%
2004	232		10.657326		2,472	4.19	%	6.57	%	5/3/2004
Nationwide VIT - Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)
2008	1,966		10.289483		20,229	2.32	%	-15.03	%
2007	19,792		12.108905		239,659	3.59	%	5.82	%
2006	2,712		11.442941		31,033	2.56	%	8.39	%
2005	5,696		10.556801		60,132	1.93	%	5.57	%	5/2/2005
Nationwide VIT - Mid Cap Growth Fund - Class I (SGRF)
2008	239		8.721409		2,084	0.00	%	-46.11	%
2007	262		16.184105		4,240	0.00	%	9.01	%
2006	282		14.845789		4,187	0.00	%	9.91	%
2005	356		13.507474		4,809	0.00	%	9.74	%
2004	496		12.308466		6,105	0.00	%	15.34	%
Nationwide VIT - Mid Cap Growth Fund - Class III (SGRF3)
2008	2,358		7.574446		17,861	0.00	%	-46.10	%
2007	1,992		14.052648		27,993	0.00	%	8.97	%
2006	1,470		12.895981		18,957	0.00	%	9.93	%
2005	1,624		11.730689		19,051	0.00	%	17.31	%	5/2/2005

(Continued)

40

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Nationwide VIT - Money Market Fund - Class II (SAM2)
2008	3,034,772	$	11.286810	$	34,252,895	1.16	%	1.24	%
2007	1,962,104		11.148704		21,874,917	3.81	%	4.25	%
2006	2,220,642		10.693892		23,747,306	4.02	%	4.11	%
2005	1,663,006		10.272104		17,082,571	2.50	%	2.26	%
2004	514,102		10.044777		5,164,040	0.62	%	0.41	%
Nationwide VIT - Multi-Manager Small Cap Growth Fund - Class II (SCGF2)
2008	176		7.573815		1,333	0.00	%	-46.54	%
2007	192		14.165991		2,720	0.00	%	9.50	%
2006	204		12.936937		2,639	0.00	%	2.99	%
2005	222		12.561849		2,789	0.00	%	7.73	%
2004	284		11.660011		3,311	0.00	%	13.17	%
Nationwide VIT - Multi-Manager Small Cap Growth Fund - Class III (SCGF3)
2008	1,017		7.292775		7,417	0.00	%	-46.45	%
2007	844		13.619779		11,495	0.00	%	9.81	%
2006	102		12.403041		1,265	0.00	%	3.23	%
2005	48		12.015208		577	0.00	%	20.15	%	5/2/2005
Nationwide VIT - Multi-Manager Small Cap Value Fund - Class I (SCVF)
2004	1,850		13.422532		24,832	0.00	%	17.00	%
Nationwide VIT - Multi-Manager Small Cap Value Fund - Class II (SCVF2)
2008	218		10.146116		2,212	0.91	%	-32.30	%
2007	238		14.986718		3,567	0.97	%	-7.23	%
2006	256		16.154401		4,136	0.15	%	17.10	%
2005	1,076		13.795785		14,844	0.00	%	2.78	%
Nationwide VIT - Multi-Manager Small Cap Value Fund - Class III (SCVF3)
2008	2,067		8.477744		17,523	1.13	%	-32.21	%
2007	1,882		12.505138		23,535	1.15	%	-6.92	%
2006	2,216		13.435365		29,773	0.47	%	17.37	%
2005	1,502		11.447242		17,194	0.12	%	14.47	%	5/2/2005
Nationwide VIT - Multi-Manager Small Company Fund - Class I (SCF)
2004	2,002		13.021653		26,069	0.00	%	18.78	%
Nationwide VIT - Multi-Manager Small Company Fund - Class II (SCF2)
2008	1,555		10.238139		15,920	0.61	%	-38.35	%
2007	1,648		16.607844		27,370	0.00	%	1.89	%
2006	1,682		16.298982		27,415	0.05	%	11.75	%
2005	2,012		14.584947		29,345	0.00	%	12.01	%
Nationwide VIT - Multi-Manager Small Company Fund - Class III (SCF3)
2008	7,017		8.274662		58,063	0.69	%	-38.16	%
2007	4,660		13.381102		62,356	0.02	%	2.11	%
2006	4,922		13.104467		64,500	0.33	%	12.07	%
2005	1,232		11.693622		14,407	0.00	%	16.94	%	5/2/2005
Nationwide VIT - Nationwide Fund - Class II (TRF2)
2008	745		9.069070		6,756	1.18	%	-41.61	%
2007	850		15.531959		13,202	0.83	%	7.89	%
2006	966		14.395658		13,906	0.92	%	13.40	%
2005	1,130		12.694519		14,345	0.42	%	7.04	%
2004	9,566		11.859676		113,450	24.99	%	9.53	%
Nationwide VIT - Nationwide Fund - Class III (TRF3)
2008	2,677		7.983847		21,373	3.17	%	-41.54	%
2007	1,890		13.657504		25,813	1.76	%	8.22	%
2006	2,316		12.620064		29,228	1.16	%	13.71	%
2005	1,560		11.098742		17,314	0.83	%	10.99	%	5/2/2005

(Continued)

41

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Rydex Variable Trust Portfolios - Absolute Return Strategies Fund (RVARS)
2008	14,173	$	8.689885	$	123,162	0.33	%	-18.72	%
2007	25,526		10.691335		272,907	2.15	%	3.84	%
2006	34,066		10.296439		350,758	1.53	%	2.96	%	5/1/2006
Rydex Variable Trust Portfolios - Banking Fund (RBKF)
2008	8,143		6.004219		48,892	0.10	%	-41.16	%
2007	2,542		10.204559		25,940	1.72	%	-27.08	%
2006	22,686		13.994135		317,471	2.27	%	11.25	%
2005	2,582		12.579511		32,480	4.89	%	-2.77	%
2004	4,394		12.937277		56,846	0.29	%	14.74	%
Rydex Variable Trust Portfolios - Basic Materials Fund (RBMF)
2008	17,231		13.126195		226,178	0.64	%	-45.40	%
2007	29,380		24.039646		706,285	0.14	%	33.97	%
2006	17,404		17.944662		312,309	1.41	%	22.29	%
2005	4,112		14.673284		60,337	0.40	%	4.04	%
2004	10,942		14.103745		154,323	0.08	%	20.83	%
Rydex Variable Trust Portfolios - Biotechnology Fund (RBF)
2008	16,986		10.280937		174,632	0.00	%	-11.78	%
2007	15,098		11.653173		175,940	0.00	%	4.40	%
2006	6,516		11.161543		72,729	0.00	%	-3.32	%
2005	23,156		11.545119		267,339	0.00	%	10.67	%
2004	7,664		10.432198		79,952	0.00	%	1.10	%
Rydex Variable Trust Portfolios - Commodities Strategy Fund (RVCMD)
2008	32,869		5.110532		167,978	1.83	%	-49.02	%
2007	33,836		10.025298		339,216	0.00	%	31.02	%
2006	7,690		7.651770		58,842	0.00	%	-23.48	%	5/1/2006
Rydex Variable Trust Portfolios - Consumer Products Fund (RCPF)
2008	7,423		12.243999		90,888	0.08	%	-23.39	%
2007	17,676		15.982190		282,501	2.69	%	11.08	%
2006	23,366		14.388183		336,194	1.29	%	17.42	%
2005	1,342		12.253101		16,444	0.53	%	-0.40	%
2004	8,724		12.301853		107,321	0.09	%	13.30	%
Rydex Variable Trust Portfolios - Dow 2x Strategy Fund (RVLDD)
2008	31,734		5.649202		179,272	2.38	%	-61.71	%
2007	53,504		14.755247		789,465	1.17	%	8.15	%
2006	42,684		13.643242		582,348	0.63	%	30.54	%
2005	53,398		10.451225		558,075	1.00	%	-3.81	%
2004	67,110		10.864909		729,144	24.03	%	8.65	%	5/3/2004
Rydex Variable Trust Portfolios - Electronics Fund (RELF)
2008	1,021		4.330161		4,421	0.00	%	-50.11	%
2007	4,126		8.679366		35,811	0.00	%	-2.50	%
2006	3,472		8.901590		30,906	0.00	%	2.49	%
2005	6,830		8.685720		59,323	0.00	%	3.87	%
2004	26,786		8.361905		223,982	0.00	%	-21.98	%
Rydex Variable Trust Portfolios - Energy Fund (RENF)
2008	25,628		16.676466		427,384	0.00	%	-46.03	%
2007	34,604		30.901881		1,069,329	0.00	%	33.22	%
2006	13,530		23.196806		313,853	0.00	%	11.93	%
2005	14,022		20.725001		290,606	0.02	%	38.54	%
2004	9,006		14.959597		134,726	0.01	%	32.27	%

(Continued)

42

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Rydex Variable Trust Portfolios - Energy Services Fund (RESF)
2008	25,844	$	13.315356	$	344,123	0.00	%	-57.60	%
2007	34,200		31.405533		1,074,069	0.00	%	37.10	%
2006	8,584		22.907246		196,636	0.00	%	10.98	%
2005	15,384		20.640855		317,539	0.00	%	48.30	%
2004	6,832		13.918556		95,092	0.00	%	33.74	%
Rydex Variable Trust Portfolios - Europe 1.25x Strategy Fund (RLCE)
2008	18,240		10.441772		190,458	0.42	%	-54.86	%
2007	52,820		23.131559		1,221,809	2.46	%	13.06	%
2006	47,634		20.459178		974,552	3.26	%	29.51	%
2005	11,096		15.797477		175,289	0.69	%	6.36	%
2004	10,914		14.853477		162,111	33.87	%	16.15	%
Rydex Variable Trust Portfolios - Financial Services Fund (RFSF)
2008	21,952		6.579123		144,426	0.00	%	-48.04	%
2007	7,612		12.662369		96,386	1.72	%	-18.80	%
2006	9,832		15.594448		153,325	1.39	%	16.73	%
2005	3,668		13.359373		49,002	1.03	%	3.38	%
2004	6,502		12.922869		84,024	0.37	%	17.12	%
Rydex Variable Trust Portfolios - Government Long Bond 1.2x Strategy Fund (RUGB)
2008	56,096		18.655020		1,046,472	2.48	%	44.82	%
2007	35,794		12.881083		461,065	8.75	%	9.74	%
2006	11,224		11.738115		131,749	4.62	%	-3.15	%
2005	57,198		12.119946		693,237	4.23	%	7.69	%
2004	6,408		11.254914		72,121	3.37	%	8.36	%
Rydex Variable Trust Portfolios - Health Care Fund (RHCF)
2008	28,141		10.527344		296,250	0.00	%	-24.86	%
2007	15,064		14.009933		211,046	0.00	%	6.02	%
2006	29,212		13.213853		386,003	0.00	%	5.11	%
2005	12,090		12.571123		151,985	0.00	%	10.64	%
2004	5,430		11.361762		61,694	0.00	%	6.22	%
Rydex Variable Trust Portfolios - Hedged Equity Fund (RVHEQ)
2008	12,746		8.029164		102,340	0.89	%	-23.84	%
2007	24,228		10.542773		255,430	3.57	%	3.16	%
2006	18,870		10.220049		192,852	2.17	%	2.20	%	5/1/2006
Rydex Variable Trust Portfolios - Internet Fund (RINF)
2008	2,828		8.762996		24,782	0.00	%	-44.87	%
2007	4,208		15.896277		66,892	0.00	%	10.39	%
2006	12,320		14.400151		177,410	0.00	%	9.70	%
2005	10,806		13.126669		141,847	0.00	%	-1.38	%
2004	8,104		13.309860		107,863	0.00	%	15.87	%
Rydex Variable Trust Portfolios - Inverse Dow 2x Strategy Fund (RVIDD)
2008	19,225		10.303693		198,088	0.07	%	60.84	%
2007	202,906		6.406198		1,299,856	0.65	%	-8.99	%
2006	18,194		7.038825		128,064	1.53	%	-21.77	%
2005	9,932		8.997359		89,362	1.51	%	1.63	%
2004	11,886		8.853319		105,231	0.00	%	-11.47	%	5/3/2004
Rydex Variable Trust Portfolios - Inverse Government Long Bond Strategy Fund (RJNF)
2008	64,889		5.633507		365,553	0.41	%	-30.21	%
2007	20,956		8.071965		169,156	5.19	%	-4.51	%
2006	100,194		8.453350		846,975	4.68	%	8.11	%
2005	18,996		7.819540		148,540	0.00	%	-5.24	%
2004	45,952		8.251871		379,190	0.00	%	-10.67	%

(Continued)

43

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Rydex Variable Trust Portfolios - Inverse Mid Cap Strategy Fund (RVIMC)
2008	5,867	$	10.247647	$	60,123	0.22	%	34.42	%
2007	20,476		7.623663		156,102	3.24	%	-1.98	%
2006	22,088		7.778040		171,801	0.77	%	-3.83	%
2005	1,968		8.087487		15,916	0.37	%	-8.16	%
2004	8		8.806000		70	0.00	%	-11.94	%	5/3/2004
Rydex Variable Trust Portfolios - Inverse NASDAQ-100(R) Strategy Fund (RAF)
2008	13,360		10.532667		140,716	0.07	%	48.02	%
2007	43,324		7.115591		308,276	2.13	%	-11.28	%
2006	42,542		8.020429		341,205	3.46	%	-1.40	%
2005	30,592		8.134507		248,851	0.00	%	1.27	%
2004	706		8.032405		5,671	0.00	%	-11.83	%
Rydex Variable Trust Portfolios - Inverse Russell 2000(R) Strategy Fund (RVISC)
2008	194,213		9.604362		1,865,292	0.84	%	24.69	%
2007	33,112		7.702478		255,044	3.78	%	5.37	%
2006	31,834		7.310059		232,708	1.74	%	-11.95	%
2005	9,506		8.302632		78,925	0.79	%	-3.05	%
2004	2		8.564000		17	0.00	%	-14.36	%	5/3/2004
Rydex Variable Trust Portfolios - Inverse S&P 500 Strategy Fund (RUF)
2008	40,032		10.582340		423,632	0.17	%	39.25	%
2007	60,634		7.599743		460,803	2.23	%	0.83	%
2006	100,746		7.537297		759,353	7.68	%	-7.50	%
2005	85,596		8.148729		697,499	0.00	%	-0.77	%
2004	1,028		8.212022		8,442	0.00	%	-10.21	%
Rydex Variable Trust Portfolios - Japan 1.25x Strategy Fund (RLCJ)
2008	12,134		9.007103		109,292	0.54	%	-32.97	%
2007	16,262		13.438383		218,535	1.89	%	-11.23	%
2006	57,286		15.138532		867,226	4.87	%	5.14	%
2005	33,996		14.398959		489,507	0.00	%	20.35	%
2004	8,582		11.964662		102,681	0.00	%	10.33	%
Rydex Variable Trust Portfolios - Large Cap Growth Fund (RVLCG)
2008	36,824		7.061111		260,019	0.00	%	-39.82	%
2007	25,586		11.734222		300,232	0.00	%	4.91	%
2006	60,544		11.184753		677,170	0.00	%	5.40	%
2005	20,598		10.611331		218,572	0.15	%	1.77	%
2004	25,208		10.426349		262,827	2.64	%	4.26	%	5/3/2004
Rydex Variable Trust Portfolios - Large Cap Value Fund (RVLCV)
2008	7,606		6.700509		50,964	0.90	%	-48.65	%
2007	10,646		13.049584		138,926	0.66	%	-5.37	%
2006	29,590		13.789694		408,037	0.55	%	17.66	%
2005	4,670		11.719808		54,732	0.37	%	4.19	%
2004	9,168		11.248572		103,127	1.02	%	12.49	%	5/3/2004
Rydex Variable Trust Portfolios - Leisure Fund (RLF)
2008	451		8.033169		3,623	0.00	%	-49.09	%
2007	1,742		15.779861		27,489	0.00	%	-2.54	%
2006	16,964		16.190743		274,660	0.00	%	23.47	%
2005	140		13.113391		1,836	0.00	%	-4.87	%
2004	12,566		13.784595		173,217	0.00	%	23.86	%

(Continued)

44

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Rydex Variable Trust Portfolios - Mid Cap 1.5x Strategy Fund (RMED)
2008	31,809	$	8.223375	$	261,577	0.00	%	-54.83	%
2007	29,858		18.207116		543,628	1.40	%	3.60	%
2006	39,476		17.575073		693,794	0.32	%	10.46	%
2005	47,902		15.910246		762,133	0.00	%	14.07	%
2004	35,336		13.948005		492,867	0.00	%	22.14	%
Rydex Variable Trust Portfolios - Mid Cap Growth Fund (RVMCG)
2008	22,604		8.638795		195,271	0.00	%	-36.14	%
2007	46,060		13.528764		623,135	0.00	%	8.45	%
2006	39,714		12.474351		495,406	0.00	%	3.13	%
2005	31,840		12.096000		385,137	0.00	%	11.46	%
2004	23,814		10.852000		258,430	0.00	%	8.52	%	5/3/2004
Rydex Variable Trust Portfolios - Mid Cap Value Fund (RVMCV)
2008	12,832		7.836481		100,557	0.00	%	-43.63	%
2007	8,884		13.901532		123,501	1.19	%	-4.85	%
2006	22,946		14.609575		335,231	1.45	%	17.08	%
2005	2,706		12.478766		33,768	0.18	%	8.32	%
2004	19,082		11.520171		219,828	0.04	%	15.20	%	5/3/2004
Rydex Variable Trust Portfolios - Multi Cap Core Equity Fund (RVCEQ)
2008	3,055		6.132847		18,736	5.09	%	-38.96	%
2007	2,278		10.048001		22,889	0.40	%	-5.26	%
2006	1,818		10.606110		19,282	0.05	%	6.06	%	5/1/2006
Rydex Variable Trust Portfolios - NASDAQ-100(R) 2x Strategy Fund (RVF)
2008	63,731		4.600967		293,224	0.04	%	-72.60	%
2007	180,778		16.790237		3,035,305	0.39	%	28.20	%
2006	96,492		13.096608		1,263,718	0.08	%	4.86	%
2005	146,814		12.489256		1,833,598	0.00	%	-3.03	%
2004	79,288		12.879723		1,021,207	1.71	%	14.21	%
Rydex Variable Trust Portfolios - NASDAQ-100(R) Fund (ROF)
2008	147,663		8.549537		1,262,450	0.03	%	-41.91	%
2007	316,054		14.718309		4,651,780	0.06	%	17.82	%
2006	85,150		12.491870		1,063,683	0.00	%	5.77	%
2005	192,028		11.810054		2,267,861	0.00	%	1.11	%
2004	64,918		11.680186		758,254	0.00	%	9.35	%
Rydex Variable Trust Portfolios - Nova Fund (RNF)
2008	24,503		7.418303		181,771	0.24	%	-54.47	%
2007	44,842		16.294539		730,680	1.59	%	1.13	%
2006	37,858		16.113126		610,011	1.45	%	19.27	%
2005	39,642		13.509344		535,537	0.27	%	3.97	%
2004	45,914		12.994126		596,612	0.03	%	14.62	%
Rydex Variable Trust Portfolios - Precious Metals Fund (RPMF)
2008	120,975		11.464027		1,386,861	0.00	%	-38.56	%
2007	98,254		18.660048		1,833,424	0.00	%	19.55	%
2006	74,170		15.607933		1,157,640	0.00	%	21.43	%
2005	28,740		12.853586		369,412	0.00	%	20.89	%
2004	7,414		10.632748		78,831	0.00	%	-14.21	%
Rydex Variable Trust Portfolios - Real Estate Fund (RREF)
2008	23,348		9.494752		221,683	0.72	%	-41.64	%
2007	8,272		16.268963		134,577	1.30	%	-19.12	%
2006	22,910		20.114577		460,825	2.34	%	30.72	%
2005	7,876		15.387085		121,189	1.68	%	7.15	%
2004	9,892		14.360615		142,055	0.86	%	29.54	%

(Continued)

45

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Rydex Variable Trust Portfolios - Retailing Fund (RRF)
2008	2,887	$	7.544562	$	21,781	0.00	%	-32.95	%
2007	152		11.251641		1,710	0.00	%	-12.60	%
2006	1,530		12.873816		19,697	0.00	%	10.08	%
2005	1,402		11.695368		16,397	0.00	%	5.48	%
2004	1,914		11.088014		21,222	0.00	%	10.06	%
Rydex Variable Trust Portfolios - Russell 2000(R) 1.5x Strategy Fund (RMEK)
2008	28,290		8.140814		230,303	0.06	%	-51.36	%
2007	32,980		16.738584		552,039	1.48	%	-6.74	%
2006	230,052		17.947904		4,128,951	0.53	%	20.85	%
2005	123,690		14.851425		1,836,973	4.59	%	3.92	%
2004	270,782		14.291895		3,869,988	0.00	%	25.20	%
Rydex Variable Trust Portfolios - S&P 500 2x Strategy Fund (RTF)
2008	30,314		5.697971		172,728	0.00	%	-67.98	%
2007	90,754		17.796913		1,615,141	1.40	%	0.61	%
2006	38,340		17.688405		678,173	1.33	%	23.70	%
2005	24,328		14.299570		347,880	0.08	%	3.38	%
2004	67,356		13.831516		931,636	0.00	%	16.90	%
Rydex Variable Trust Portfolios - Sector Rotation Fund (RSRF)
2008	45,909		10.789544		495,338	0.00	%	-40.73	%
2007	57,518		18.205576		1,047,148	0.00	%	22.75	%
2006	35,262		14.831991		523,006	0.00	%	11.39	%
2005	19,448		13.315851		258,967	0.00	%	13.71	%
2004	11,686		11.710392		136,848	0.00	%	10.71	%
Rydex Variable Trust Portfolios - Small Cap Growth Fund (RVSCG)
2008	7,515		8.693613		65,333	0.00	%	-34.32	%
2007	6,010		13.235997		79,548	0.00	%	-0.11	%
2006	39,338		13.250290		521,240	0.00	%	7.73	%
2005	20,828		12.299413		256,172	0.00	%	6.20	%
2004	29,966		11.581557		347,053	0.00	%	15.82	%	5/3/2004
Rydex Variable Trust Portfolios - Small Cap Value Fund (RVSCV)
2008	16,432		6.561795		107,824	1.09	%	-43.50	%
2007	5,192		11.613051		60,295	0.36	%	-20.36	%
2006	16,374		14.581618		238,759	0.91	%	19.21	%
2005	7,718		12.232292		94,409	0.00	%	3.64	%
2004	17,220		11.803243		203,252	0.09	%	18.03	%	5/3/2004
Rydex Variable Trust Portfolios - Strengthening Dollar 2x Strategy Fund (RVSDL)
2008	10,248		9.272246		95,022	0.00	%	5.56	%
2007	8,566		8.783542		75,240	0.00	%	-10.89	%
2006	788		9.856941		7,767	0.89	%	-1.43	%	5/1/2006
Rydex Variable Trust Portfolios - Technology Fund (RTEC)
2008	6,064		7.052840		42,768	0.00	%	-45.41	%
2007	22,122		12.919655		285,809	0.00	%	10.38	%
2006	9,496		11.704717		111,148	0.00	%	5.89	%
2005	13,002		11.053572		143,719	0.00	%	3.11	%
2004	2,962		10.720064		31,753	0.00	%	1.15	%
Rydex Variable Trust Portfolios - Telecommunications Fund (RTEL)
2008	10,244		8.998273		92,178	0.47	%	-45.34	%
2007	9,704		16.461176		159,739	0.12	%	9.23	%
2006	14,842		15.070863		223,682	1.75	%	19.51	%
2005	3,024		12.610236		38,133	0.00	%	1.16	%
2004	742		12.465243		9,249	0.00	%	12.68	%

(Continued)

46

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

	Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio*		Total Return**		Initial Offering Date^
Rydex Variable Trust Portfolios - Transportation Fund (RTRF)
2008	11,708	$	10.416860	$	121,961	0.00	%	-25.26	%
2007	4,146		13.937206		57,784	0.00	%	-8.75	%
2006	9,154		15.274190		139,820	0.00	%	7.38	%
2005	9,142		14.223953		130,035	0.00	%	8.48	%
2004	4,710		13.111746		61,756	0.00	%	22.99	%
Rydex Variable Trust Portfolios - Utilities Fund (RUTL)
2008	9,772		13.556034		132,469	0.25	%	-29.57	%
2007	13,404		19.248677		258,009	1.13	%	12.86	%
2006	28,552		17.054864		486,950	3.40	%	20.96	%
2005	9,710		14.099167		136,903	0.64	%	10.56	%
2004	6,982		12.752103		89,035	2.24	%	17.31	%
Rydex Variable Trust Portfolios - Weakening Dollar 2x Strategy Fund (RVWDL)
2008	60,277		10.865629		654,948	0.00	%	-12.24	%
2007	45,758		12.380762		566,519	20.29	%	18.12	%
2006	20,884		10.481591		218,898	4.51	%	4.82	%	5/1/2006
2008    Contract owners’ equity				$	54,076,325
2007    Contract owners’ equity				$	58,069,945
2006    Contract owners’ equity				$	49,923,397
2005    Contract owners’ equity				$	33,437,814
2004    Contract owners’ equity				$	18,547,439

* 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, such as policy and asset charges, that result in direct reductions to the contractholder accounts through 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. 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. Total return is not annualized if the underlying mutual fund option is initially offered, funded, or both, during the period presented.

^ This represents the date the underlying mutual fund option was initially added and funded. Total returns presented in years of initial offering represent the return for the period from the initial offering through year end.

47

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 Accounts”)) as of December 31, 2008, 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 Accounts’ management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2008, by correspondence with the transfer agents of the underlying mutual funds. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of the Accounts as of December 31, 2008, and the results of their operations, changes in contract owners’ equity, and financial highlights for each of the periods indicated herein, in conformity with accounting principles generally accepted in the United States of America.

/s/    KPMG LLP

Columbus, Ohio

March 13, 2009