NATIONWIDE

VLI SEPARATE

ACCOUNT-6

Annual Report

to

Contract Owners

December 31, 2009

NATIONWIDE LIFE INSURANCE COMPANY

HOME OFFICE: COLUMBUS, OHIO

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENT OF ASSETS, LIABILITIES AND CONTRACT OWNERS’ EQUITY

December 31, 2009

Assets:
Investments at fair value:
Federated NVIT High Income Bond Fund - Class III (HIBF3)
492,615 shares (cost $2,823,913)	$	3,246,331
NVIT Fund - Class II (TRF2)
921 shares (cost $10,040)		7,432
NVIT Fund - Class III (TRF3)
4,278 shares (cost $40,009)		34,821
NVIT Government Bond Fund - Class I (GBF)
2,604 shares (cost $30,331)		30,575
NVIT Government Bond Fund - Class III (GBF3)
106,790 shares (cost $1,264,609)		1,253,715
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)
2 shares (cost $17)		20
NVIT Investor Destinations Aggressive Fund - Class VI (GVIDA6)
51,860 shares (cost $401,747)		424,735
NVIT Investor Destinations Conservative Fund - Class VI (GVIDC6)
16,687 shares (cost $161,090)		164,032
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)
377 shares (cost $4,318)		3,662
NVIT Investor Destinations Moderate Fund - Class VI (GVIDM6)
48,013 shares (cost $507,768)		464,282
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
3,913 shares (cost $43,330)		36,739
NVIT Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)
65,828 shares (cost $551,585)		614,174
NVIT Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)
4,033 shares (cost $37,843)		39,406
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)
2,282 shares (cost $15,420)		19,145
NVIT Multi-Manager Small Cap Growth Fund - Class III (SCGF3)
681 shares (cost $10,457)		8,332
NVIT Multi-Manager Small Cap Value Fund - Class II (SCVF2)
89 shares (cost $970)		726
NVIT Multi-Manager Small Cap Value Fund - Class III (SCVF3)
2,726 shares (cost $27,183)		22,682

(Continued)

2

NATIONWIDE VLI SEPARATE ACCOUNT-6

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

NVIT Multi-Manager Small Company Fund - Class II (SCF2)
1,103 shares (cost $22,280)	$	15,592
NVIT Multi-Manager Small Company Fund - Class III (SCF3)
29,656 shares (cost $396,479)		429,423
VP Income & Growth Fund - Class II (ACVIG2)
1,070 shares (cost $7,703)		5,757
VP Income & Growth Fund - Class III (ACVIG3)
21,505 shares (cost $144,339)		115,695
VP Ultra(R) Fund - Class II (ACVU2)
1,549 shares (cost $15,273)		12,455
VP Ultra(R) Fund - Class III (ACVU3)
8,725 shares (cost $79,471)		70,761
VP Value Fund - Class II (ACVV2)
5,052 shares (cost $36,152)		26,726
VP Value Fund - Class III (ACVV3)
60,562 shares (cost $354,508)		319,770
Contrafund Portfolio - Service Class 2 (FC2)
2,152 shares (cost $59,884)		43,673
VIP Fund - Contrafund Portfolio - Service Class 2 R (FC2R)
44,785 shares (cost $926,461)		906,454
VIP Fund - Equity-Income Portfolio - Service Class 2 (FEI2)
2,020 shares (cost $47,200)		33,474
VIP Fund - Equity-Income Portfolio - Service Class 2 R (FEI2R)
15,599 shares (cost $200,357)		257,234
VIP Fund - Growth Portfolio - Service Class 2 (FG2)
285 shares (cost $9,942)		8,468
VIP Fund - Growth Portfolio - Service Class 2 R (FG2R)
4,886 shares (cost $156,373)		145,124
Variable Trust: All-Cap Opportunity Fund (RSRF)
63,831 shares (cost $736,451)		734,700
Variable Trust: Banking Fund (RBKF)
13,656 shares (cost $170,862)		170,977
Variable Trust: Basic Materials Fund (RBMF)
16,328 shares (cost $433,203)		477,115
Variable Trust: Biotechnology Fund (RBF)
88,705 shares (cost $2,010,395)		1,997,645
Variable Trust: Commodities Strategy Fund (RVCMD)
28,305 shares (cost $350,050)		356,075

(Continued)

3

NATIONWIDE VLI SEPARATE ACCOUNT-6

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

Variable Trust: Consumer Products Fund (RCPF)
1,925 shares (cost $58,501)	$	62,071
Variable Trust: Dow 2x Strategy Fund (RVLDD)
3,683 shares (cost $226,251)		243,219
Variable Trust: Electronics Fund (RELF)
5,654 shares (cost $61,146)		66,262
Variable Trust: Energy Fund (RENF)
22,162 shares (cost $555,076)		584,405
Variable Trust: Energy Services Fund (RESF)
17,453 shares (cost $385,342)		383,260
Variable Trust: Europe 1.25x Strategy Fund (RLCE)
27,967 shares (cost $430,601)		470,120
Variable Trust: Financial Services Fund (RFSF)
5,872 shares (cost $78,911)		78,922
Variable Trust: Government Long Bond 1.2x Strategy Fund (RUGB)
43,502 shares (cost $311,026)		286,676
Variable Trust: Health Care Fund (RHCF)
6,827 shares (cost $162,282)		180,574
Variable Trust: Internet Fund (RINF)
1,639 shares (cost $25,615)		26,742
Variable Trust: Inverse Dow 2x Strategy Fund (RVIDD)
8,440 shares (cost $177,757)		166,362
Variable Trust: Inverse Government Long Bond Strategy Fund (RJNF)
7,624 shares (cost $118,794)		123,812
Variable Trust: Inverse Mid-Cap Strategy Fund (RVIMC)
37,083 shares (cost $1,112,080)		1,123,248
Variable Trust: Inverse NASDAQ-100(R) Strategy Fund (RAF)
2,964 shares (cost $45,308)		44,460
Variable Trust: Inverse Russell 2000(R) Strategy Fund (RVISC)
4,720 shares (cost $137,889)		135,316
Variable Trust: Inverse S&P 500 Strategy Fund (RUF)
5,716 shares (cost $241,435)		242,006
Variable Trust: Japan 2x Strategy Fund (RLCJ)
10,200 shares (cost $179,051)		189,419
Variable Trust: Leisure Fund (RLF)
1,299 shares (cost $50,925)		54,100
Variable Trust: Mid-Cap 1.5x Strategy Fund (RMED)
37,031 shares (cost $530,044)		553,243

(Continued)

4

NATIONWIDE VLI SEPARATE ACCOUNT-6

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

Variable Trust: Multi-Cap Core Equity Fund (RVCEQ)
1,965 shares (cost $31,043)	$	36,259
Variable Trust: Multi-Hedge Strategies Fund (RVARS)
18,381 shares (cost $372,646)		368,729
Variable Trust: NASDAQ-100(R) 2x Strategy Fund (RVF)
131,796 shares (cost $2,256,196)		2,353,880
Variable Trust: NASDAQ-100(R) Fund (ROF)
79,907 shares (cost $1,240,553)		1,275,321
Variable Trust: Nova Fund (RNF)
6,706 shares (cost $369,853)		410,145
Variable Trust: Precious Metals Fund (RPMF)
96,455 shares (cost $1,253,570)		1,330,111
Variable Trust: Real Estate Fund (RREF)
9,921 shares (cost $193,640)		212,715
Variable Trust: Retailing Fund (RRF)
7,123 shares (cost $75,678)		77,356
Variable Trust: Russell 2000(R) 1.5x Strategy Fund (RMEK)
70,281 shares (cost $1,461,815)		1,552,509
Variable Trust: S&P 500 2x Strategy Fund (RTF)
17,876 shares (cost $1,528,470)		1,602,599
Variable Trust: S&P 500 Pure Growth Fund (RVLCG)
14,003 shares (cost $297,258)		339,561
Variable Trust: S&P 500 Pure Value Fund (RVLCV)
3,707 shares (cost $238,962)		252,667
Variable Trust: S&P MidCap 400 Pure Growth Fund (RVMCG)
13,725 shares (cost $339,091)		405,713
Variable Trust: S&P MidCap 400 Pure Value Fund (RVMCV)
7,902 shares (cost $501,669)		528,103
Variable Trust: S&P SmallCap 600 Pure Growth Fund (RVSCG)
11,137 shares (cost $240,050)		265,273
Variable Trust: S&P SmallCap 600 Pure Value Fund (RVSCV)
2,565 shares (cost $222,303)		209,126
Variable Trust: Strengthening Dollar 2x Strategy Fund (RVSDL)
26,061 shares (cost $169,759)		179,301
Variable Trust: Technology Fund (RTEC)
16,860 shares (cost $157,489)		184,954
Variable Trust: Telecommunications Fund (RTEL)
2,075 shares (cost $20,375)		20,335

(Continued)

5

NATIONWIDE VLI SEPARATE ACCOUNT-6

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

Variable Trust: Transportation Fund (RTRF)
10,345 shares (cost $128,805)	$	131,180
Variable Trust: Utilities Fund (RUTL)
8,846 shares (cost $142,094)		145,168
Variable Trust: Weakening Dollar 2x Strategy Fund (RVWDL)
5,252 shares (cost $147,867)		140,492
NVIT Money Market Fund - Class II (NVMM2)
25,715,182 shares (cost $25,715,182)		25,715,182
Total Investments		55,248,823
Total Assets		55,248,823
Accounts Receivable - NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)		4
Accounts Receivable - NVIT Multi-Manager Small Cap Growth Fund - Class II (SCGF2)		4
Total Accounts Receivable		8
Accounts Payable		237
	$	55,248,594
Contract Owners’ Equity:
Accumulation units		55,248,594
Total Contract Owners’ Equity (note 8)	$	55,248,594

See accompanying notes to financial statements.

6

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS

Year Ended December 31, 2009

Investment Activity:	Total			HIBF3		TRF2		TRF3		GBF		GBF3		GVIDA		GVIDA6
Reinvested dividends	$	464,296		246,818		73		341		1,067		52,151		31		2,502
Net investment income (loss)		464,296		246,818		73		341		1,067		52,151		31		2,502
Realized gain (loss) on investments		(666,154	)	185,194		(583	)	(4,228	)	55		21,488		(1,906	)	(85,502	)
Change in unrealized gain (loss) on investments		3,775,257		688,969		2,057		10,111		(747	)	(55,694	)	2,357		134,635
Net gain (loss) on investments		3,109,103		874,163		1,474		5,883		(692	)	(34,206	)	451		49,133
Reinvested capital gains		1,098,236		-		-		-		451		25,192		1		12,863
Net increase (decrease) in contract owners’ equity resulting from operations	$	4,671,635		1,120,981		1,547		6,224		826		43,137		483		64,498
Investment Activity:	GVIDC6			GVIDM		GVIDM6		GVDMA		GVDMA6		GVDMC6		NVMMG1		SCGF2
Reinvested dividends	$	2,723		51		7,007		427		7,288		1,431		-		-
Net investment income (loss)		2,723		51		7,007		427		7,288		1,431		-		-
Realized gain (loss) on investments		(7,608	)	(28	)	(72,369	)	(968	)	(147,678	)	(3,066	)	32		(594	)
Change in unrealized gain (loss) on investments		15,943		493		136,655		6,414		245,847		4,942		3,725		519
Net gain (loss) on investments		8,335		465		64,286		5,446		98,169		1,876		3,757		(75	)
Reinvested capital gains		801		76		10,181		1,395		30,388		662		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	11,859		592		81,474		7,268		135,845		3,969		3,757		(75	)

(Continued)

7

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2009

Investment Activity:	SCGF3			SCVF2		SCVF3		SCF2		SCF3		ACVIG2		ACVIG3		ACVU2
Reinvested dividends	$	-		3		92		24		427		221		4,641		24
Net investment income (loss)		-		3		92		24		427		221		4,641		24
Realized gain (loss) on investments		(1,588	)	(1,455	)	(2,303	)	(4,631	)	17,711		(144	)	(23,358	)	(2,219	)
Change in unrealized gain (loss) on investments		3,175		1,447		6,639		8,588		74,988		790		34,461		5,490
Net gain (loss) on investments		1,587		(8	)	4,336		3,957		92,699		646		11,103		3,271
Reinvested capital gains		-		-		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	1,587		(5	)	4,428		3,981		93,126		867		15,744		3,295
Investment Activity:	ACVU3			ACVV2		ACVV3		FC2		FC2R		FEI2		FEI2R		FG2
Reinvested dividends	$	185		1,401		14,695		447		8,731		613		4,655		15
Net investment income (loss)		185		1,401		14,695		447		8,731		613		4,655		15
Realized gain (loss) on investments		(9,286	)	(4,358	)	(38,903	)	(11,839	)	(131,645	)	(10,819	)	(134,272	)	(295	)
Change in unrealized gain (loss) on investments		27,276		7,071		74,727		22,465		300,169		17,231		240,473		2,147
Net gain (loss) on investments		17,990		2,713		35,824		10,626		168,524		6,412		106,201		1,852
Reinvested capital gains		-		-		-		11		222		-		-		7
Net increase (decrease) in contract owners’ equity resulting from operations	$	18,175		4,114		50,519		11,084		177,477		7,025		110,856		1,874

(Continued)

8

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2009

Investment Activity:	FG2R			RSRF		RBKF		RBMF	RBF		RVCMD		RCPF		RVLDD
Reinvested dividends	$	241		625		7,114		957	-		6,167		974		-
Net investment income (loss)		241		625		7,114		957	-		6,167		974		-
Realized gain (loss) on investments		(33,681	)	(94,174	)	32,460		74,227	7,153		(77,034	)	(452	)	55,903
Change in unrealized gain (loss) on investments		67,865		188,967		(1,003	)	36,005	(13,570	)	131,340		1,991		15,957
Net gain (loss) on investments		34,184		94,793		31,457		110,232	(6,417	)	54,306		1,539		71,860
Reinvested capital gains		135		-		-		14,089	-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	34,560		95,418		38,571		125,278	(6,417	)	60,473		2,513		71,860
Investment Activity:	RELF			RENF		RESF		RLCE	RFSF		RUGB		RHCF		RINF
Reinvested dividends	$	-		-		-		11,131	2,145		34,625		-		-
Net investment income (loss)		-		-		-		11,131	2,145		34,625		-		-
Realized gain (loss) on investments		12,276		68,987		(53,481	)	69,264	(13,626	)	(1,443,515	)	(24,334	)	24,448
Change in unrealized gain (loss) on investments		4,662		4,729		187,395		206,749	8,354		(96,821	)	51,296		3,226
Net gain (loss) on investments		16,938		73,716		133,914		276,013	(5,272	)	(1,540,336	)	26,962		27,674
Reinvested capital gains		-		39,826		19,891		-	-		907,438		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	16,938		113,542		153,805		287,144	(3,127	)	(598,273	)	26,962		27,674

(Continued)

9

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2009

Investment Activity:	RVIDD			RJNF	RVIMC		RAF		RVISC		RUF		RLCJ		RLF
Reinvested dividends	$	-		-	-		81		-		-		868		-
Net investment income (loss)		-		-	-		81		-		-		868		-
Realized gain (loss) on investments		(121,841	)	36,487	(57,574	)	(565,374	)	(455,787	)	79,401		(19,178	)	(10,063	)
Change in unrealized gain (loss) on investments		1,720		8,989	11,372		4,998		26,258		15,671		51,845		6,356
Net gain (loss) on investments		(120,121	)	45,476	(46,202	)	(560,376	)	(429,529	)	95,072		32,667		(3,707	)
Reinvested capital gains		-		-	-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	(120,121	)	45,476	(46,202	)	(560,295	)	(429,529	)	95,072		33,535		(3,707	)
Investment Activity:	RMED			RVCEQ	RVARS		RVF		ROF		RNF		RPMF		RREF
Reinvested dividends	$	278		-	3,980		-		-		4,084		-		4,312
Net investment income (loss)		278		-	3,980		-		-		4,084		-		4,312
Realized gain (loss) on investments		(38,191	)	689	4,591		935,146		439,069		(42,470	)	589,727		(39,703	)
Change in unrealized gain (loss) on investments		141,019		5,206	(7,146	)	82,026		31,124		144,031		(206,234	)	61,668
Net gain (loss) on investments		102,828		5,895	(2,555	)	1,017,172		470,193		101,561		383,493		21,965
Reinvested capital gains		-		-	-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	103,106		5,895	1,425		1,017,172		470,193		105,645		383,493		26,277

(Continued)

10

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2009

Investment Activity:	RRF		RMEK		RTF	RVLCG		RVLCV		RVMCG		RVMCV		RVSCG
Reinvested dividends	$	-	-		6,828	-		3,398		-		3,207		-
Net investment income (loss)		-	-		6,828	-		3,398		-		3,207		-
Realized gain (loss) on investments		19,153	(288,072	)	515,190	75,914		41,787		66,170		(4,836	)	62,831
Change in unrealized gain (loss) on investments		1,615	75,691		65,068	52,179		17,276		141,941		105,780		24,778
Net gain (loss) on investments		20,768	(212,381	)	580,258	128,093		59,063		208,111		100,944		87,609
Reinvested capital gains		-	-		-	-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	20,768	(212,381	)	587,086	128,093		62,461		208,111		104,151		87,609
Investment Activity:	RVSCV		RVSDL		RTEC	RTEL		RTRF		RUTL		RVWDL		SGRF
Reinvested dividends	$	5,222	-		-	141		418		5,765		58		-
Net investment income (loss)		5,222	-		-	141		418		5,765		58		-
Realized gain (loss) on investments		76,114	(70,983	)	37,126	17,167		(20,777	)	(6,355	)	(32,795	)	(623	)
Change in unrealized gain (loss) on investments		30,860	23,540		25,862	(5,548	)	12,744		823		(6,246	)	604
Net gain (loss) on investments		106,974	(47,443	)	62,988	11,619		(8,033	)	(5,532	)	(39,041	)	(19	)
Reinvested capital gains		-	34,607		-	-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations	$	112,196	(12,836	)	62,988	11,760		(7,615	)	233		(38,983	)	(19	)

(Continued)

11

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF OPERATIONS, Continued

Year Ended December 31, 2009

Investment Activity:	SGRF3			SAM2	RVHEQ
Reinvested dividends	$	-		2,855	738
Net investment income (loss)		-		2,855	738
Realized gain (loss) on investments		(9,777	)	-	(5,573	)
Change in unrealized gain (loss) on investments		10,457		-	(1,575	)
Net gain (loss) on investments		680		-	(7,148	)
Reinvested capital gains		-		-	-
Net increase (decrease) in contract owners’ equity resulting from operations	$	680		2,855	(6,410	)

See accompanying notes to financial statements.

12

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY

Years Ended December 31, 2009 and 2008

	Total					HIBF3				TRF2				TRF3
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	464,296		605,113		246,818		65,824		73		123		341		1,054
Realized gain (loss) on investments		(666,154	)	(6,992,083	)	185,194		(16,027	)	(583	)	(61	)	(4,228	)	(6,248	)
Change in unrealized gain (loss) on investments		3,775,257		(1,538,281	)	688,969		(263,050	)	2,057		(6,850	)	10,111		(15,418	)
Reinvested capital gains		1,098,236		648,609		-		-		-		1,667		-		4,573
Net increase (decrease) in contract owners’ equity resulting from operations		4,671,635		(7,276,642	)	1,120,981		(213,253	)	1,547		(5,121	)	6,224		(16,039	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		5,498,809		9,996,563		420,541		86,147		-		-		10,439		12,510
Transfers between funds		-		-		(272,440	)	2,238,003		-		-		1,323		5,122
Surrenders (note 6)		(3,080,027	)	(1,847,084	)	(50,384	)	(18,181	)	-		-		(595	)	(2,042	)
Death benefits (note 4)		(2,890	)	(65,069	)	-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(2,217,650	)	(945,297	)	7,746		(106	)	-		-		-		1
Deductions for surrender charges (note 2d)		(319,997	)	(365,699	)	(953	)	(1,480	)	-		-		(433	)	(76	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(3,192,905	)	(3,292,768	)	(154,079	)	(36,086	)	(842	)	(1,248	)	(3,368	)	(3,680	)
Asset charges (note 3):		(188,054	)	(195,579	)	(9,628	)	(2,061	)	(38	)	(60	)	(147	)	(228	)
Adjustments to maintain reserves		3,348		(2,045	)	19		(29	)	13		(17	)	6		(8	)
Net equity transactions		(3,499,366	)	3,283,022		(59,178	)	2,266,207		(867	)	(1,325	)	7,225		11,599
Net change in contract owners’ equity		1,172,269		(3,993,620	)	1,061,803		2,052,954		680		(6,446	)	13,449		(4,440	)
Contract owners’ equity beginning of period		54,076,325		58,069,945		2,184,538		131,584		6,756		13,202		21,373		25,813
Contract owners’ equity end of period	$	55,248,594		54,076,325		3,246,341		2,184,538		7,436		6,756		34,822		21,373
CHANGES IN UNITS:
Beginning units		5,161,552		4,500,208		274,948		11,908		745		850		2,677		1,890
Units purchased		4,343,585		2,656,202		43,699		270,932		-		-		1,349		17,772
Units redeemed		(4,224,428	)	(1,994,858	)	(38,943	)	(7,892	)	(92	)	(105	)	(569	)	(16,985	)
Ending units		5,280,709		5,161,552		279,704		274,948		653		745		3,457		2,677

(Continued)

13

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	GBF					GBF3				GVIDA				GVIDA6
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	1,067		1,333		52,151		41,382		31		111		2,502		25,384
Realized gain (loss) on investments		55		4		21,488		14,678		(1,906	)	(43	)	(85,502	)	(452,780	)
Change in unrealized gain (loss) on investments		(747	)	1,014		(55,694	)	33,273		2,357		(3,286	)	134,635		(26,042	)
Reinvested capital gains		451		-		25,192		-		1		906		12,863		66,128
Net increase (decrease) in contract owners’ equity resulting from operations		826		2,351		43,137		89,333		483		(2,312	)	64,498		(387,310	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		383,049		43,260		-		-		31,805		1,066,900
Transfers between funds		-		(35	)	(596,548	)	1,060,489		-		-		224,303		(3,045,118	)
Surrenders (note 6)		-		-		(7,289	)	(12,988	)	(2,600	)	(154	)	(60,135	)	(21,498	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		-		-		(37,034	)	(14,514	)	-		-		(670	)	1,289
Deductions for surrender charges (note 2d)		-		-		(11,468	)	(1,382	)	(1,285	)	(11	)	(11,439	)	(3,297	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,178	)	(1,826	)	(79,168	)	(51,598	)	(319	)	(480	)	(41,239	)	(113,315	)
Asset charges (note 3):		(162	)	(164	)	(4,716	)	(2,946	)	(14	)	(33	)	(1,428	)	(4,590	)
Adjustments to maintain reserves		9		(34	)	6		(22	)	8		(26	)	15		(24	)
Net equity transactions		(2,331	)	(2,059	)	(353,168	)	1,020,299		(4,210	)	(704	)	141,212		(2,119,653	)
Net change in contract owners’ equity		(1,505	)	292		(310,031	)	1,109,632		(3,727	)	(3,016	)	205,710		(2,506,963	)
Contract owners’ equity beginning of period		32,077		31,785		1,563,743		454,111		3,751		6,767		219,030		2,725,993
Contract owners’ equity end of period	$	30,572		32,077		1,253,712		1,563,743		24		3,751		424,740		219,030
CHANGES IN UNITS:
Beginning units		2,449		2,614		129,103		40,388		395		450		24,979		196,210
Units purchased		-		-		31,257		96,101		-		-		25,182		90,469
Units redeemed		(176	)	(165	)	(59,568	)	(7,386	)	(393	)	(55	)	(12,130	)	(261,700	)
Ending units		2,273		2,449		100,792		129,103		2		395		38,031		24,979

(Continued)

14

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	GVIDC6					GVIDM				GVIDM6				GVDMA
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	2,723		4,954		51		119		7,007		15,568		427		1,044
Realized gain (loss) on investments		(7,608	)	(4,253	)	(28	)	622		(72,369	)	(20,168	)	(968	)	(94	)
Change in unrealized gain (loss) on investments		15,943		(11,658	)	493		(2,793	)	136,655		(189,914	)	6,414		(20,485	)
Reinvested capital gains		801		2,767		76		325		10,181		49,273		1,395		4,332
Net increase (decrease) in contract owners’ equity resulting from operations		11,859		(8,190	)	592		(1,727	)	81,474		(145,241	)	7,268		(15,203	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		10,105		10,625		-		-		62,904		40,411		-		-
Transfers between funds		666		97,871		-		-		(58,688	)	51,128		-		(2	)
Surrenders (note 6)		(11,977	)	(22,412	)	-		(9,572	)	(1,457	)	(9,965	)	-		-
Death benefits (note 4)		-		-		-		-		-		-		(24	)	-
Net policy repayments (loans) (note 5)		(1,507	)	(171	)	-		-		(11,851	)	(4,894	)	(397	)	(645	)
Deductions for surrender charges (note 2d)		(1,095	)	(5,071	)	-		(3,054	)	(656	)	(3,093	)	38		(89	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(18,097	)	(12,803	)	(86	)	(570	)	(53,158	)	(47,597	)	(1,903	)	(2,546	)
Asset charges (note 3):		(784	)	(654	)	(6	)	(25	)	(2,148	)	(2,490	)	(166	)	(213	)
Adjustments to maintain reserves		3		(10	)	5		(17	)	(2	)	(2	)	11		(21	)
Net equity transactions		(22,686	)	67,375		(87	)	(13,238	)	(65,056	)	23,498		(2,441	)	(3,516	)
Net change in contract owners’ equity		(10,827	)	59,185		505		(14,965	)	16,418		(121,743	)	4,827		(18,719	)
Contract owners’ equity beginning of period		174,861		115,676		3,153		18,118		447,862		569,605		31,917		50,636
Contract owners’ equity end of period	$	164,034		174,861		3,658		3,153		464,280		447,862		36,744		31,917
CHANGES IN UNITS:
Beginning units		16,092		9,988		305		1,346		46,082		44,914		3,221		3,506
Units purchased		727		9,747		-		-		6,331		7,132		-		-
Units redeemed		(3,001	)	(3,643	)	(8	)	(1,041	)	(12,395	)	(5,964	)	(240	)	(285	)
Ending units		13,818		16,092		297		305		40,018		46,082		2,981		3,221

(Continued)

15

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	GVDMA6					GVDMC			GVDMC6				NVMMG1
	2009			2008		2009	2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	7,288		11,619		-	-		1,431		2,586		-		-
Realized gain (loss) on investments		(147,678	)	(83,202	)	-	81		(3,066	)	(5,026	)	32		-
Change in unrealized gain (loss) on investments		245,847		(185,869	)	-	(114	)	4,942		(8,063	)	3,725		-
Reinvested capital gains		30,388		47,215		-	-		662		2,288		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		135,845		(210,237	)	-	(33	)	3,969		(8,215	)	3,757		-
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		148,181		113,952		-	-		40,051		28,401		-		-
Transfers between funds		83,626		(590,028	)	-	(2,652	)	(9,670	)	(212,512	)	15,916		-
Surrenders (note 6)		(24,938	)	(63,271	)	-	-		(245	)	(20,270	)	-		-
Death benefits (note 4)		(2,866	)	-		-	-		-		-		-		-
Net policy repayments (loans) (note 5)		19,066		3,656		-	-		-		19,186		-		-
Deductions for surrender charges (note 2d)		(4,421	)	(11,751	)	-	-		-		(51	)	-		-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(66,263	)	(51,559	)	-	-		(14,657	)	(25,439	)	(475	)	-
Asset charges (note 3):		(2,584	)	(2,637	)	-	-		(274	)	(505	)	(53	)	-
Adjustments to maintain reserves		-		(13	)	-	(24	)	4		(25	)	-		-
Net equity transactions		149,801		(601,651	)	-	(2,676	)	15,209		(211,215	)	15,388		-
Net change in contract owners’ equity		285,646		(811,888	)	-	(2,709	)	19,178		(219,430	)	19,145		-
Contract owners’ equity beginning of period		328,527		1,140,415		-	2,709		20,229		239,659		-		-
Contract owners’ equity end of period	$	614,173		328,527		-	-		39,407		20,229		19,145		-
CHANGES IN UNITS:
Beginning units		35,715		85,062		-	212		1,966		19,792		-		-
Units purchased		26,680		12,860		-	-		3,706		2,941		1,590		-
Units redeemed		(8,667	)	(62,207	)	-	(212	)	(2,331	)	(20,767	)	(48	)	-
Ending units		53,728		35,715		-	-		3,341		1,966		1,542		-

(Continued)

16

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	SCGF2					SCGF3				SCVF2				SCVF3
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		-		-		-		3		27		92		247
Realized gain (loss) on investments		(594	)	(8	)	(1,588	)	(89	)	(1,455	)	(115	)	(2,303	)	(2,935	)
Change in unrealized gain (loss) on investments		519		(1,213	)	3,175		(5,860	)	1,447		(1,013	)	6,639		(5,888	)
Reinvested capital gains		-		-		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(75	)	(1,221	)	1,587		(5,949	)	(5	)	(1,101	)	4,428		(8,576	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		1,287		2,227		-		-		2,348		3,678
Transfers between funds		-		-		(272	)	-		-		-		856		(98	)
Surrenders (note 6)		(1,062	)	-		(1,253	)	-		(1,192	)	-		(1,333	)	(68	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		-		-		-		-		-		-		-		171
Deductions for surrender charges (note 2d)		(190	)	-		(229	)	-		(213	)	-		(243	)	-
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(6	)	(130	)	(175	)	(304	)	(74	)	(231	)	(821	)	(989	)
Asset charges (note 3):		-		(11	)	(31	)	(46	)	(4	)	(21	)	(83	)	(98	)
Adjustments to maintain reserves		-		(25	)	-		(6	)	4		(2	)	8		(32	)
Net equity transactions		(1,258	)	(166	)	(673	)	1,871		(1,479	)	(254	)	732		2,564
Net change in contract owners’ equity		(1,333	)	(1,387	)	914		(4,078	)	(1,484	)	(1,355	)	5,160		(6,012	)
Contract owners’ equity beginning of period		1,333		2,720		7,417		11,495		2,212		3,567		17,523		23,535
Contract owners’ equity end of period	$	-		1,333		8,331		7,417		728		2,212		22,683		17,523
CHANGES IN UNITS:
Beginning units		176		192		1,017		844		218		238		2,067		1,882
Units purchased		-		-		157		210		-		-		361		303
Units redeemed		(176	)	(16	)	(279	)	(37	)	(161	)	(20	)	(310	)	(118	)
Ending units		-		176		895		1,017		57		218		2,118		2,067

(Continued)

17

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	SCF2					SCF3				ACVIG2				ACVIG3
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	24		138		427		685		221		121		4,641		3,605
Realized gain (loss) on investments		(4,631	)	(278	)	17,711		(5,785	)	(144	)	217		(23,358	)	(27,461	)
Change in unrealized gain (loss) on investments		8,588		(14,765	)	74,988		(39,996	)	790		(4,080	)	34,461		(55,391	)
Reinvested capital gains		-		4,780		-		16,104		-		834		-		21,595
Net increase (decrease) in contract owners’ equity resulting from operations		3,981		(10,125	)	93,126		(28,992	)	867		(2,908	)	15,744		(57,652	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		10,845		22,604		-		-		9,798		19,913
Transfers between funds		-		-		281,671		11,586		-		(2,472	)	3,726		(50,074	)
Surrenders (note 6)		(1,114	)	(782	)	(576	)	(421	)	-		(3	)	(10,826	)	(12,712	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(2,964	)	(37	)	(906	)	(2,362	)	-		-		8,743		(6,229	)
Deductions for surrender charges (note 2d)		-		-		-		(178	)	-		(69	)	(954	)	(1,743	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(182	)	(391	)	(11,963	)	(6,061	)	(217	)	(259	)	(7,707	)	(10,370	)
Asset charges (note 3):		(57	)	(84	)	(848	)	(433	)	(19	)	(23	)	(444	)	(691	)
Adjustments to maintain reserves		10		(31	)	8		(36	)	11		(37	)	12		(38	)
Net equity transactions		(4,307	)	(1,325	)	278,231		24,699		(225	)	(2,863	)	2,348		(61,944	)
Net change in contract owners’ equity		(326	)	(11,450	)	371,357		(4,293	)	642		(5,771	)	18,092		(119,596	)
Contract owners’ equity beginning of period		15,920		27,370		58,063		62,356		5,117		10,888		97,603		217,199
Contract owners’ equity end of period	$	15,594		15,920		429,420		58,063		5,759		5,117		115,695		97,603
CHANGES IN UNITS:
Beginning units		1,555		1,648		7,017		4,660		517		718		11,835		17,228
Units purchased		-		-		33,097		3,183		-		-		1,483		2,180
Units redeemed		(422	)	(93	)	(1,596	)	(826	)	(23	)	(201	)	(1,439	)	(7,573	)
Ending units		1,133		1,555		38,518		7,017		494		517		11,879		11,835

(Continued)

18

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	ACVU2					ACVU3				ACVV2				ACVV3
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	24		-		185		-		1,401		814		14,695		9,399
Realized gain (loss) on investments		(2,219	)	(158	)	(9,286	)	(2,091	)	(4,358	)	(993	)	(38,903	)	(107,374	)
Change in unrealized gain (loss) on investments		5,490		(12,171	)	27,276		(52,172	)	7,071		(15,155	)	74,727		(60,751	)
Reinvested capital gains		-		2,970		-		12,419		-		4,620		-		49,897
Net increase (decrease) in contract owners’ equity resulting from operations		3,295		(9,359	)	18,175		(41,844	)	4,114		(10,714	)	50,519		(108,829	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		4,590		10,235		-		-		39,451		41,499
Transfers between funds		-		(24	)	(1,683	)	1,299		(92	)	-		(1,865	)	(87,137	)
Surrenders (note 6)		(960	)	(652	)	(1,392	)	(318	)	(1,116	)	(2,101	)	(13,000	)	(25,776	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(2,514	)	-		(684	)	5		(2,913	)	(80	)	11,116		(21,079	)
Deductions for surrender charges (note 2d)		-		-		(273	)	(191	)	(7	)	(156	)	(2,085	)	(2,493	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(129	)	(279	)	(6,728	)	(6,871	)	(1,209	)	(1,513	)	(24,824	)	(26,669	)
Asset charges (note 3):		(46	)	(67	)	(329	)	(423	)	(118	)	(157	)	(1,310	)	(1,703	)
Adjustments to maintain reserves		3		(13	)	8		(42	)	5		(25	)	1		(19	)
Net equity transactions		(3,646	)	(1,035	)	(6,491	)	3,694		(5,450	)	(4,032	)	7,484		(123,377	)
Net change in contract owners’ equity		(351	)	(10,394	)	11,684		(38,150	)	(1,336	)	(14,746	)	58,003		(232,206	)
Contract owners’ equity beginning of period		12,806		23,200		59,073		97,223		28,059		42,805		261,767		493,973
Contract owners’ equity end of period	$	12,455		12,806		70,757		59,073		26,723		28,059		319,770		261,767
CHANGES IN UNITS:
Beginning units		1,574		1,664		7,813		7,520		2,572		2,872		29,398		40,622
Units purchased		-		-		902		1,077		-		-		4,647		4,957
Units redeemed		(436	)	(90	)	(1,759	)	(784	)	(526	)	(300	)	(4,083	)	(16,181	)
Ending units		1,138		1,574		6,956		7,813		2,046		2,572		29,962		29,398

(Continued)

19

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	FC2					FC2R				FEI2				FEI2R
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	447		559		8,731		5,433		613		1,274		4,655		7,637
Realized gain (loss) on investments		(11,839	)	(854	)	(131,645	)	(446,916	)	(10,819	)	(1,406	)	(134,272	)	(15,830	)
Change in unrealized gain (loss) on investments		22,465		(38,940	)	300,169		(47,314	)	17,231		(29,258	)	240,473		(147,848	)
Reinvested capital gains		11		2,110		222		27,739		-		60		-		297
Net increase (decrease) in contract owners’ equity resulting from operations		11,084		(37,125	)	177,477		(461,058	)	7,025		(29,330	)	110,856		(155,744	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		81,818		135,608		-		-		32,560		53,481
Transfers between funds		(1,896	)	(60	)	206,163		(596,385	)	(1,100	)	-		(67,707	)	47,485
Surrenders (note 6)		(6,986	)	(2,998	)	(27,844	)	(56,589	)	(5,167	)	(1,041	)	(14,701	)	(16,820	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(4,350	)	(102	)	(9,961	)	(538	)	(2,537	)	-		(2,433	)	(8,143	)
Deductions for surrender charges (note 2d)		(942	)	(191	)	(670	)	(18,269	)	(746	)	(136	)	(3,676	)	(2,750	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(1,255	)	(2,584	)	(47,282	)	(66,065	)	(1,423	)	(2,500	)	(23,219	)	(19,910	)
Asset charges (note 3):		(171	)	(307	)	(2,766	)	(3,893	)	(137	)	(253	)	(1,413	)	(1,349	)
Adjustments to maintain reserves		2		(14	)	15		(45	)	3		(25	)	9		(26	)
Net equity transactions		(15,598	)	(6,256	)	199,473		(606,176	)	(11,107	)	(3,955	)	(80,580	)	51,968
Net change in contract owners’ equity		(4,514	)	(43,381	)	376,950		(1,067,234	)	(4,082	)	(33,285	)	30,276		(103,776	)
Contract owners’ equity beginning of period		48,188		91,569		529,504		1,596,738		37,554		70,839		226,960		330,736
Contract owners’ equity end of period	$	43,674		48,188		906,454		529,504		33,472		37,554		257,236		226,960
CHANGES IN UNITS:
Beginning units		4,369		4,758		59,096		102,134		4,127		4,452		29,744		24,786
Units purchased		-		-		26,003		11,663		-		-		5,318		9,599
Units redeemed		(1,446	)	(389	)	(10,417	)	(54,701	)	(1,295	)	(325	)	(9,119	)	(4,641	)
Ending units		2,923		4,369		74,682		59,096		2,832		4,127		25,943		29,744

(Continued)

20

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	FG2					FG2R				RSRF				RBKF
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	15		68		241		774		625		-		7,114		64
Realized gain (loss) on investments		(295	)	456		(33,681	)	(53,985	)	(94,174	)	(181,413	)	32,460		(68,633	)
Change in unrealized gain (loss) on investments		2,147		(7,602	)	67,865		(104,273	)	188,967		(160,175	)	(1,003	)	1,282
Reinvested capital gains		7		-		135		-		-		2,125		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		1,874		(7,078	)	34,560		(157,484	)	95,418		(339,463	)	38,571		(67,287	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		18,040		49,122		81,591		140,694		3,562		4,225
Transfers between funds		(87	)	-		(7,269	)	(340,172	)	185,733		(252,169	)	131,974		97,683
Surrenders (note 6)		(120	)	(1,646	)	(11,070	)	(23,585	)	(68,321	)	(14,350	)	(29,455	)	(595	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		-		(94	)	569		(10,681	)	6,702		(188	)	(421	)	(4,478	)
Deductions for surrender charges (note 2d)		(23	)	(124	)	(2,322	)	(2,519	)	(10,876	)	(9,210	)	(9,513	)	(1,704	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(536	)	(816	)	(12,154	)	(24,804	)	(48,911	)	(73,748	)	(11,853	)	(4,614	)
Asset charges (note 3):		(39	)	(61	)	(653	)	(1,319	)	(1,992	)	(3,313	)	(789	)	(252	)
Adjustments to maintain reserves		5		5		4		(17	)	12		(63	)	8		(26	)
Net equity transactions		(800	)	(2,736	)	(14,855	)	(353,975	)	143,938		(212,347	)	83,513		90,239
Net change in contract owners’ equity		1,074		(9,814	)	19,705		(511,459	)	239,356		(551,810	)	122,084		22,952
Contract owners’ equity beginning of period		7,407		17,221		125,419		636,878		495,338		1,047,148		48,892		25,940
Contract owners’ equity end of period	$	8,481		7,407		145,124		125,419		734,694		495,338		170,976		48,892
CHANGES IN UNITS:
Beginning units		893		1,094		15,682		41,960		45,909		57,518		8,143		2,542
Units purchased		-		-		2,437		4,267		24,853		13,811		30,924		8,054
Units redeemed		(94	)	(201	)	(3,940	)	(30,545	)	(17,269	)	(25,420	)	(9,579	)	(2,453	)
Ending units		799		893		14,179		15,682		53,493		45,909		29,488		8,143

(Continued)

21

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RBMF					RBF				RVCMD				RCPF
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	957		3,257		-		-		6,167		10,438		974		188
Realized gain (loss) on investments		74,227		(256,019	)	7,153		(43,834	)	(77,034	)	53,012		(452	)	(98,361	)
Change in unrealized gain (loss) on investments		36,005		37,806		(13,570	)	4,638		131,340		(131,574	)	1,991		14,270
Reinvested capital gains		14,089		32,859		-		-		-		-		-		2,579
Net increase (decrease) in contract owners’ equity resulting from operations		125,278		(182,097	)	(6,417	)	(39,196	)	60,473		(68,124	)	2,513		(81,324	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		28,524		97,909		20,347		23,327		112,158		65,659		7,718		8,178
Transfers between funds		168,795		(327,141	)	1,830,159		34,710		41,929		(85,182	)	(31,630	)	(96,556	)
Surrenders (note 6)		(19,885	)	(13,377	)	(225	)	(2,862	)	(1,824	)	(13,961	)	(2	)	(683	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(8,391	)	(6,058	)	(6,694	)	930		(4,035	)	(37,039	)	(1,222	)	(8,669	)
Deductions for surrender charges (note 2d)		(2,988	)	(1,959	)	(164	)	(848	)	(302	)	(1,237	)	(470	)	(1,029	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(39,095	)	(45,332	)	(13,334	)	(16,424	)	(19,157	)	(29,379	)	(5,482	)	(10,723	)
Asset charges (note 3):		(1,306	)	(1,996	)	(678	)	(896	)	(1,143	)	(2,017	)	(244	)	(772	)
Adjustments to maintain reserves		2		(56	)	25		(49	)	4		42		4		(35	)
Net equity transactions		125,656		(298,010	)	1,829,436		37,888		127,630		(103,114	)	(31,328	)	(110,289	)
Net change in contract owners’ equity		250,934		(480,107	)	1,823,019		(1,308	)	188,103		(171,238	)	(28,815	)	(191,613	)
Contract owners’ equity beginning of period		226,178		706,285		174,632		175,940		167,978		339,216		90,888		282,501
Contract owners’ equity end of period	$	477,112		226,178		1,997,651		174,632		356,081		167,978		62,073		90,888
CHANGES IN UNITS:
Beginning units		17,231		29,380		16,986		15,098		32,869		33,836		7,423		17,676
Units purchased		10,410		5,092		149,210		5,303		34,805		18,782		599		602
Units redeemed		(4,260	)	(17,241	)	(2,002	)	(3,415	)	(5,220	)	(19,749	)	(3,766	)	(10,855	)
Ending units		23,381		17,231		164,194		16,986		62,454		32,869		4,256		7,423

(Continued)

22

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RVLDD					RELF				RENF				RESF
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		6,805		-		-		-		-		-		-
Realized gain (loss) on investments		55,903		(382,740	)	12,276		(16,819	)	68,987		(426,965	)	(53,481	)	(257,345	)
Change in unrealized gain (loss) on investments		15,957		147,581		4,662		771		4,729		67,993		187,395		(166,481	)
Reinvested capital gains		-		-		-		-		39,826		33,159		19,891		47,452
Net increase (decrease) in contract owners’ equity resulting from operations		71,860		(228,354	)	16,938		(16,048	)	113,542		(325,813	)	153,805		(376,374	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		55,614		33,794		3,402		701		106,611		91,994		40,702		88,325
Transfers between funds		(16,388	)	(363,634	)	49,121		(11,419	)	(1,342	)	(314,288	)	(99,467	)	(351,171	)
Surrenders (note 6)		(20,681	)	(14,839	)	(132	)	(1,074	)	(896	)	(18,358	)	(2,933	)	(14,881	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		3,111		(8,682	)	(4,864	)	(2,420	)	(14,657	)	(11,619	)	(9,538	)	(7,885	)
Deductions for surrender charges (note 2d)		(9,186	)	(3,787	)	(26	)	(183	)	(571	)	(3,486	)	(556	)	(1,918	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(19,397	)	(23,404	)	(2,381	)	(897	)	(43,848	)	(57,543	)	(41,176	)	(62,792	)
Asset charges (note 3):		(989	)	(1,268	)	(219	)	(42	)	(1,856	)	(2,747	)	(1,731	)	(3,146	)
Adjustments to maintain reserves		5		(19	)	27		(8	)	31		(85	)	17		(104	)
Net equity transactions		(7,911	)	(381,839	)	44,928		(15,342	)	43,472		(316,132	)	(114,682	)	(353,572	)
Net change in contract owners’ equity		63,949		(610,193	)	61,866		(31,390	)	157,014		(641,945	)	39,123		(729,946	)
Contract owners’ equity beginning of period		179,272		789,465		4,421		35,811		427,384		1,069,329		344,123		1,074,069
Contract owners’ equity end of period	$	243,221		179,272		66,287		4,421		584,398		427,384		383,246		344,123
CHANGES IN UNITS:
Beginning units		31,734		53,504		1,021		4,126		25,628		34,604		25,844		34,200
Units purchased		11,282		5,252		9,223		247		7,724		6,963		1,995		8,955
Units redeemed		(11,560	)	(27,022	)	(1,336	)	(3,352	)	(8,050	)	(15,939	)	(10,118	)	(17,311	)
Ending units		31,456		31,734		8,908		1,021		25,302		25,628		17,721		25,844

(Continued)

23

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RLCE					RFSF				RUGB				RHCF
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	11,131		2,579		2,145		-		34,625		27,362		-		-
Realized gain (loss) on investments		69,264		(221,594	)	(13,626	)	(88,389	)	(1,443,515	)	508,229		(24,334	)	(123,786	)
Change in unrealized gain (loss) on investments		206,749		(147,165	)	8,354		(8,451	)	(96,821	)	65,185		51,296		(27,863	)
Reinvested capital gains		-		8,295		-		-		907,438		-		-		16,766
Net increase (decrease) in contract owners’ equity resulting from operations		287,144		(357,885	)	(3,127	)	(96,840	)	(598,273	)	600,776		26,962		(134,883	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		54,786		110,053		29,498		10,517		47,854		121,461		19,770		39,355
Transfers between funds		(11,256	)	(694,972	)	(81,614	)	142,082		(105,452	)	(29,767	)	(128,872	)	234,030
Surrenders (note 6)		(10,657	)	(23,670	)	(281	)	(415	)	(24,252	)	(5,067	)	(5,920	)	(7,400	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(4,932	)	(10,088	)	(4,126	)	(81	)	(6,685	)	(41,675	)	(8,807	)	(17,210	)
Deductions for surrender charges (note 2d)		-		(10,346	)	(434	)	(565	)	(6,295	)	(180	)	(3,500	)	(2,606	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(33,363	)	(42,034	)	(5,100	)	(6,243	)	(62,855	)	(56,204	)	(14,532	)	(24,675	)
Asset charges (note 3):		(2,076	)	(2,335	)	(330	)	(375	)	(3,949	)	(3,419	)	(803	)	(1,361	)
Adjustments to maintain reserves		12		(74	)	11		(40	)	(89	)	(518	)	23		(46	)
Net equity transactions		(7,486	)	(673,466	)	(62,376	)	144,880		(161,723	)	(15,369	)	(142,641	)	220,087
Net change in contract owners’ equity		279,658		(1,031,351	)	(65,503	)	48,040		(759,996	)	585,407		(115,679	)	85,204
Contract owners’ equity beginning of period		190,458		1,221,809		144,426		96,386		1,046,472		461,065		296,250		211,046
Contract owners’ equity end of period	$	470,116		190,458		78,923		144,426		286,476		1,046,472		180,571		296,250
CHANGES IN UNITS:
Beginning units		18,240		52,820		21,952		7,612		56,096		35,794		28,141		15,064
Units purchased		5,265		7,077		3,554		15,159		4,400		29,690		1,972		17,439
Units redeemed		9,685		(41,657	)	(15,483	)	(819	)	(38,064	)	(9,388	)	(16,352	)	(4,362	)
Ending units		33,190		18,240		10,023		21,952		22,432		56,096		13,761		28,141

(Continued)

24

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RINF					RVIDD				RJNF				RVIMC
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		-		-		732		-		1,433		-		403
Realized gain (loss) on investments		24,448		(7,269	)	(121,841	)	195,607		36,487		(134,523	)	(57,574	)	46,464
Change in unrealized gain (loss) on investments		3,226		(971	)	1,720		(54,843	)	8,989		(1,132	)	11,372		195
Reinvested capital gains		-		-		-		44,696		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		27,674		(8,240	)	(120,121	)	186,192		45,476		(134,222	)	(46,202	)	47,062
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		6,716		4,254		3,802		52		13,749		13,454		1,209		3,077
Transfers between funds		(14,635	)	(30,178	)	102,435		(1,219,399	)	(273,530	)	429,036		1,116,139		(116,639	)
Surrenders (note 6)		(8,920	)	(868	)	(2,977	)	(66	)	(5,462	)	(15,257	)	(352	)	(11,596	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(4,164	)	(2,153	)	(4,578	)	(32,175	)	(5,223	)	(34,565	)	(2,195	)	(6,678	)
Deductions for surrender charges (note 2d)		(585	)	(326	)	(135	)	-		(485	)	(35,909	)	-		(1,256	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(3,905	)	(4,338	)	(9,305	)	(33,899	)	(15,249	)	(24,753	)	(5,175	)	(9,099	)
Asset charges (note 3):		(221	)	(225	)	(862	)	(2,457	)	(1,027	)	(1,515	)	(301	)	(839	)
Adjustments to maintain reserves		-		(36	)	11		(16	)	30		128		2		(11	)
Net equity transactions		(25,714	)	(33,870	)	88,391		(1,287,960	)	(287,197	)	330,619		1,109,327		(143,041	)
Net change in contract owners’ equity		1,960		(42,110	)	(31,730	)	(1,101,768	)	(241,721	)	196,397		1,063,125		(95,979	)
Contract owners’ equity beginning of period		24,782		66,892		198,088		1,299,856		365,553		169,156		60,123		156,102
Contract owners’ equity end of period	$	26,742		24,782		166,358		198,088		123,832		365,553		1,123,248		60,123
CHANGES IN UNITS:
Beginning units		2,828		4,208		19,225		202,906		64,889		20,956		5,867		20,476
Units purchased		595		362		12,057		33		2,689		58,884		164,495		348
Units redeemed		(1,583	)	(1,742	)	(2,112	)	(183,714	)	(49,170	)	(14,951	)	(1,007	)	(14,957	)
Ending units		1,840		2,828		29,170		19,225		18,408		64,889		169,355		5,867

(Continued)

25

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RAF					RVISC				RUF				RLCJ
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	81		483		-		11,113		-		2,181		868		957
Realized gain (loss) on investments		(565,374	)	181,822		(455,787	)	10,126		79,401		1,378,188		(19,178	)	(21,672	)
Change in unrealized gain (loss) on investments		4,998		(3,219	)	26,258		(26,821	)	15,671		(18,594	)	51,845		(39,791	)
Reinvested capital gains		-		-		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(560,295	)	179,086		(429,529	)	(5,582	)	95,072		1,361,775		33,535		(60,506	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		126,753		298,278		(108,192	)	5,746		15,377		13,191		8,638		24,076
Transfers between funds		436,651		(522,713	)	(1,163,772	)	1,674,709		(159,000	)	(1,312,862	)	52,440		(53,439	)
Surrenders (note 6)		(735	)	(13,208	)	(4,970	)	(11,800	)	(7,986	)	(2,369	)	(3,174	)	(3,347	)
Death benefits (note 4)		-		-		-		-		-		(30,048	)	-		-
Net policy repayments (loans) (note 5)		(3,628	)	(17,274	)	(3,201	)	(25,792	)	(75,536	)	(29,673	)	689		(2,083	)
Deductions for surrender charges (note 2d)		(2,372	)	(211	)	(2,135	)	(153	)	(3,134	)	(14	)	(466	)	(580	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(88,785	)	(87,753	)	(16,624	)	(24,677	)	(43,718	)	(34,563	)	(10,926	)	(12,530	)
Asset charges (note 3):		(3,847	)	(3,739	)	(1,552	)	(2,186	)	(2,748	)	(3,202	)	(621	)	(803	)
Adjustments to maintain reserves		6		(26	)	1		(17	)	(28	)	594		10		(31	)
Net equity transactions		464,043		(346,646	)	(1,300,445	)	1,615,830		(276,773	)	(1,398,946	)	46,590		(48,737	)
Net change in contract owners’ equity		(96,252	)	(167,560	)	(1,729,974	)	1,610,248		(181,701	)	(37,171	)	80,125		(109,243	)
Contract owners’ equity beginning of period		140,716		308,276		1,865,292		255,044		423,632		460,803		109,292		218,535
Contract owners’ equity end of period	$	44,464		140,716		135,318		1,865,292		241,931		423,632		189,417		109,292
CHANGES IN UNITS:
Beginning units		13,360		43,324		194,213		33,112		40,032		60,634		12,134		16,262
Units purchased		4,157		35,880		2,150		168,992		1,600		1,128		6,498		2,491
Units redeemed		(10,472	)	(65,844	)	(175,379	)	(7,891	)	(10,077	)	(21,730	)	(1,628	)	(6,619	)
Ending units		7,045		13,360		20,984		194,213		31,555		40,032		17,004		12,134

(Continued)

26

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RLF					RMED				RVCEQ				RVARS
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		-		278		-		-		1,157		3,980		750
Realized gain (loss) on investments		(10,063	)	(20,274	)	(38,191	)	(241,396	)	689		(17,575	)	4,591		(59,899	)
Change in unrealized gain (loss) on investments		6,356		(3,271	)	141,019		(25,428	)	5,206		3,409		(7,146	)	14,159
Reinvested capital gains		-		2,078		-		-		-		84		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(3,707	)	(21,467	)	103,106		(266,824	)	5,895		(12,925	)	1,425		(44,990	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		2,679		2,151		58,066		89,209		1,170		576		35,136		55,216
Transfers between funds		54,709		3,674		193,594		(24,228	)	12,151		9,937		232,618		(93,093	)
Surrenders (note 6)		(43	)	-		(23,622	)	(22,841	)	-		-		(3,002	)	(1,204	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(571	)	(4,573	)	(3,644	)	(4,792	)	-		-		574		(41,824	)
Deductions for surrender charges (note 2d)		(855	)	(382	)	901		(11,086	)	-		-		(641	)	(2,670	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(1,623	)	(3,130	)	(35,343	)	(39,531	)	(1,592	)	(1,632	)	(19,379	)	(20,202	)
Asset charges (note 3):		(117	)	(120	)	(1,407	)	(1,897	)	(101	)	(93	)	(1,165	)	(967	)
Adjustments to maintain reserves		9		(19	)	10		(61	)	(1	)	(16	)	(2	)	(11	)
Net equity transactions		54,188		(2,399	)	188,555		(15,227	)	11,627		8,772		244,139		(104,755	)
Net change in contract owners’ equity		50,481		(23,866	)	291,661		(282,051	)	17,522		(4,153	)	245,564		(149,745	)
Contract owners’ equity beginning of period		3,623		27,489		261,577		543,628		18,736		22,889		123,162		272,907
Contract owners’ equity end of period	$	54,104		3,623		553,238		261,577		36,258		18,736		368,726		123,162
CHANGES IN UNITS:
Beginning units		451		1,742		31,809		29,858		3,055		2,278		14,173		25,526
Units purchased		4,837		164		19,302		7,711		1,866		1,003		32,587		5,598
Units redeemed		(362	)	(1,455	)	(6,965	)	(5,760	)	(265	)	(226	)	(2,888	)	(16,951	)
Ending units		4,926		451		44,146		31,809		4,656		3,055		43,872		14,173

(Continued)

27

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RVF					ROF				RNF				RPMF
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		473		-		432		4,084		929		-		-
Realized gain (loss) on investments		935,146		(799,337	)	439,069		(614,232	)	(42,470	)	(130,894	)	589,727		(1,115,927	)
Change in unrealized gain (loss) on investments		82,026		17,935		31,124		44,804		144,031		(78,610	)	(206,234	)	278,080
Reinvested capital gains		-		-		-		-		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		1,017,172		(780,929	)	470,193		(568,996	)	105,645		(208,575	)	383,493		(837,847	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		312,163		102,267		210,202		34,871		(659	)	31,648		23,331		95,581
Transfers between funds		923,678		(1,859,108	)	(449,648	)	(2,740,125	)	168,673		(276,108	)	(335,440	)	438,650
Surrenders (note 6)		(35,667	)	(82,794	)	(108,428	)	(38,369	)	(4,776	)	(50,728	)	(15,893	)	(24,375	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		235		(8,604	)	(11,915	)	(15,661	)	(4,199	)	(12,035	)	(22,114	)	(44,831	)
Deductions for surrender charges (note 2d)		(566	)	(24,176	)	(14,002	)	(7,749	)	(1,586	)	(4,496	)	(6,434	)	(2,361	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(150,137	)	(84,361	)	(81,820	)	(49,723	)	(33,318	)	(27,002	)	(78,821	)	(65,189	)
Asset charges (note 3):		(6,226	)	(4,348	)	(4,498	)	(3,569	)	(1,411	)	(1,587	)	(4,886	)	(6,125	)
Adjustments to maintain reserves		17		(28	)	2,785		(9	)	6		(26	)	6		(66	)
Net equity transactions		1,043,497		(1,961,152	)	(457,324	)	(2,820,334	)	122,730		(340,334	)	(440,251	)	391,284
Net change in contract owners’ equity		2,060,669		(2,742,081	)	12,869		(3,389,330	)	228,375		(548,909	)	(56,758	)	(446,563	)
Contract owners’ equity beginning of period		293,224		3,035,305		1,262,450		4,651,780		181,771		730,680		1,386,861		1,833,424
Contract owners’ equity end of period	$	2,353,893		293,224		1,275,319		1,262,450		410,146		181,771		1,330,103		1,386,861
CHANGES IN UNITS:
Beginning units		63,731		180,778		147,663		316,054		24,503		44,842		120,975		98,254
Units purchased		200,290		10,611		18,275		2,794		22,145		3,790		7,900		31,361
Units redeemed		(29,128	)	(127,658	)	(67,801	)	(171,185	)	(5,847	)	(24,129	)	(51,133	)	(8,640	)
Ending units		234,893		63,731		98,137		147,663		40,801		24,503		77,742		120,975

(Continued)

28

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RREF					RRF				RMEK				RTF
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	4,312		1,514		-		-		-		783		6,828		-
Realized gain (loss) on investments		(39,703	)	(133,159	)	19,153		(18,108	)	(288,072	)	(620,102	)	515,190		(1,149,666	)
Change in unrealized gain (loss) on investments		61,668		(12,702	)	1,615		110		75,691		36,312		65,068		49,869
Reinvested capital gains		-		15,252		-		4		-		-		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		26,277		(129,095	)	20,768		(17,994	)	(212,381	)	(583,007	)	587,086		(1,099,797	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		50,213		50,421		4,402		725		(52,880	)	55,339		19,425		71,796
Transfers between funds		(68,836	)	189,382		65,764		40,587		1,858,967		296,411		1,034,582		(298,036	)
Surrenders (note 6)		(4,267	)	(2,219	)	(168	)	(1	)	(149,592	)	(33,410	)	(132,756	)	(37,630	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(1,455	)	(2,394	)	(31,987	)	(1,706	)	(2,809	)	21		(3,914	)	12,407
Deductions for surrender charges (note 2d)		(1,116	)	(373	)	(195	)	-		(2,884	)	(3,482	)	7,308		(30,756	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(9,246	)	(17,594	)	(2,848	)	(1,406	)	(110,827	)	(49,819	)	(78,403	)	(57,930	)
Asset charges (note 3):		(568	)	(933	)	(167	)	(102	)	(5,399	)	(3,764	)	(3,467	)	(2,431	)
Adjustments to maintain reserves		24		(89	)	3		(32	)	12		(25	)	6		(36	)
Net equity transactions		(35,251	)	216,201		34,804		38,065		1,534,588		261,271		842,781		(342,616	)
Net change in contract owners’ equity		(8,974	)	87,106		55,572		20,071		1,322,207		(321,736	)	1,429,867		(1,442,413	)
Contract owners’ equity beginning of period		221,683		134,577		21,781		1,710		230,303		552,039		172,728		1,615,141
Contract owners’ equity end of period	$	212,709		221,683		77,353		21,781		1,552,510		230,303		1,602,595		172,728
CHANGES IN UNITS:
Beginning units		23,348		8,272		2,887		152		28,290		32,980		30,314		90,754
Units purchased		5,330		16,768		8,130		3,045		146,950		6,260		195,145		4,762
Units redeemed		(10,794	)	(1,692	)	(3,908	)	(310	)	(32,188	)	(10,950	)	(33,313	)	(65,202	)
Ending units		17,884		23,348		7,109		2,887		143,052		28,290		192,146		30,314

(Continued)

29

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RVLCG					RVLCV				RVMCG				RVMCV
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		-		3,398		1,106		-		-		3,207		-
Realized gain (loss) on investments		75,914		(103,928	)	41,787		(115,776	)	66,170		(124,592	)	(4,836	)	(18,848	)
Change in unrealized gain (loss) on investments		52,179		(2,669	)	17,276		24,507		141,941		(34,891	)	105,780		(76,233	)
Reinvested capital gains		-		-		-		16,293		-		-		-		24,662
Net increase (decrease) in contract owners’ equity resulting from operations		128,093		(106,597	)	62,461		(73,870	)	208,111		(159,483	)	104,151		(70,419	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		23,013		22,323		28,606		34,098		49,454		50,440		31,953		47,257
Transfers between funds		(9,299	)	104,667		128,104		(22,557	)	16,414		(288,328	)	320,992		15,250
Surrenders (note 6)		(10,847	)	(17,029	)	(593	)	(13,148	)	(18,731	)	(2,466	)	(1,158	)	(2,125	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(25,507	)	(10,655	)	(5,868	)	(193	)	(3,380	)	(1,983	)	(7,928	)	2,095
Deductions for surrender charges (note 2d)		(2,893	)	(5,563	)	(389	)	(1,058	)	(4,822	)	(168	)	(521	)	(199	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(21,857	)	(26,358	)	(10,027	)	(10,667	)	(34,854	)	(24,501	)	(19,033	)	(14,078	)
Asset charges (note 3):		(1,168	)	(961	)	(602	)	(536	)	(1,755	)	(1,353	)	(922	)	(678	)
Adjustments to maintain reserves		9		(40	)	8		(31	)	-		(22	)	16		(47	)
Net equity transactions		(48,549	)	66,384		139,239		(14,092	)	2,326		(268,381	)	323,399		47,475
Net change in contract owners’ equity		79,544		(40,213	)	201,700		(87,962	)	210,437		(427,864	)	427,550		(22,944	)
Contract owners’ equity beginning of period		260,019		300,232		50,964		138,926		195,271		623,135		100,557		123,501
Contract owners’ equity end of period	$	339,563		260,019		252,664		50,964		405,708		195,271		528,107		100,557
CHANGES IN UNITS:
Beginning units		36,824		25,586		7,606		10,646		22,604		46,060		12,832		8,884
Units purchased		7,133		17,368		19,505		4,047		13,281		7,681		33,658		7,384
Units redeemed		(11,296	)	(6,130	)	(2,181	)	(7,087	)	(5,937	)	(31,137	)	(3,083	)	(3,436	)
Ending units		32,661		36,824		24,930		7,606		29,948		22,604		43,407		12,832

(Continued)

30

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RVSCG					RVSCV				RVSDL				RTEC
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	-		-		5,222		1,155		-		-		-		-
Realized gain (loss) on investments		62,831		(54,039	)	76,114		(39,012	)	(70,983	)	56,724		37,126		(65,856	)
Change in unrealized gain (loss) on investments		24,778		2,117		30,860		(42,221	)	23,540		(13,512	)	25,862		1,213
Reinvested capital gains		-		-		-		-		34,607		-		-		12,843
Net increase (decrease) in contract owners’ equity resulting from operations		87,609		(51,922	)	112,196		(80,078	)	(12,836	)	43,212		62,988		(51,800	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		26,077		19,428		21,037		20,023		3,559		85,394		3,381		4,756
Transfers between funds		125,559		30,752		10,806		116,769		102,534		(82,848	)	102,088		(177,231	)
Surrenders (note 6)		(10,020	)	(272	)	(8,037	)	(309	)	(989	)	(4,396	)	(9,411	)	(7,863	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(8,747	)	(2,194	)	(2,474	)	494		(120	)	(6,333	)	(4,132	)	129
Deductions for surrender charges (note 2d)		(2,008	)	(10	)	(1,302	)	(6	)	(89	)	(91	)	(2,478	)	(927	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(17,532	)	(9,397	)	(29,851	)	(8,775	)	(7,455	)	(14,586	)	(9,690	)	(9,573	)
Asset charges (note 3):		(998	)	(592	)	(1,077	)	(546	)	(334	)	(558	)	(570	)	(499	)
Adjustments to maintain reserves		(3	)	(8	)	1		(43	)	13		(12	)	8		(33	)
Net equity transactions		112,328		37,707		(10,897	)	127,607		97,119		(23,430	)	79,196		(191,241	)
Net change in contract owners’ equity		199,937		(14,215	)	101,299		47,529		84,283		19,782		142,184		(243,041	)
Contract owners’ equity beginning of period		65,333		79,548		107,824		60,295		95,022		75,240		42,768		285,809
Contract owners’ equity end of period	$	265,270		65,333		209,123		107,824		179,305		95,022		184,952		42,768
CHANGES IN UNITS:
Beginning units		7,515		6,010		16,432		5,192		10,248		8,566		6,064		22,122
Units purchased		19,186		2,681		8,163		12,290		16,412		10,980		13,574		562
Units redeemed		(3,925	)	(1,176	)	(4,955	)	(1,050	)	(3,683	)	(9,298	)	(2,785	)	(16,620	)
Ending units		22,776		7,515		19,640		16,432		22,977		10,248		16,853		6,064

(Continued)

31

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RTEL					RTRF				RUTL				RVWDL
	2009			2008		2009		2008		2009		2008		2009		2008
Investment activity:
Net investment income (loss)	$	141		660		418		-		5,765		813		58		-
Realized gain (loss) on investments		17,167		(99,855	)	(20,777	)	(65,703	)	(6,355	)	(129,567	)	(32,795	)	(49,812	)
Change in unrealized gain (loss) on investments		(5,548	)	6,061		12,744		(8,890	)	823		5,254		(6,246	)	64,656
Reinvested capital gains		-		61,557		-		2,856		-		2,150		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		11,760		(31,577	)	(7,615	)	(71,737	)	233		(121,350	)	(38,983	)	14,844
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		51		2,836		12,741		20,124		15,963		42,319		8,156		12,233
Transfers between funds		(76,802	)	(28,163	)	15,038		140,691		28,342		2,964		(466,393	)	76,517
Surrenders (note 6)		(2,720	)	(1,929	)	(2,811	)	(7	)	(254	)	(3,166	)	(5,004	)	(1,453	)
Death benefits (note 4)		-		-		-		-		-		-		-		-
Net policy repayments (loans) (note 5)		(12	)	(1,368	)	1,607		(5,778	)	(18,362	)	(15,398	)	(799	)	14
Deductions for surrender charges (note 2d)		(1,250	)	(286	)	(2,371	)	-		(2,147	)	(2,354	)	(2,632	)	(215	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(2,680	)	(6,617	)	(7,074	)	(18,313	)	(10,603	)	(27,166	)	(8,313	)	(12,675	)
Asset charges (note 3):		(199	)	(423	)	(301	)	(773	)	(485	)	(1,316	)	(491	)	(822	)
Adjustments to maintain reserves		7		(34	)	9		(30	)	20		(73	)	7		(14	)
Net equity transactions		(83,605	)	(35,984	)	16,838		135,914		12,474		(4,190	)	(475,469	)	73,585
Net change in contract owners’ equity		(71,845	)	(67,561	)	9,223		64,177		12,707		(125,540	)	(514,452	)	88,429
Contract owners’ equity beginning of period		92,178		159,739		121,961		57,784		132,469		258,009		654,948		566,519
Contract owners’ equity end of period	$	20,333		92,178		131,184		121,961		145,176		132,469		140,496		654,948
CHANGES IN UNITS:
Beginning units		10,244		9,704		11,708		4,146		9,772		13,404		60,277		45,758
Units purchased		128		2,273		1,685		9,499		2,927		4,393		731		15,756
Units redeemed		(8,616	)	(1,733	)	(2,665	)	(1,937	)	(3,288	)	(8,025	)	(48,879	)	(1,237	)
Ending units		1,756		10,244		10,728		11,708		9,411		9,772		12,129		60,277

(Continued)

32

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	SGRF					SGRF3				NVMM2			SAM2
	2009			2008		2009		2008		2009		2008	2009		2008
Investment activity:
Net investment income (loss)	$	-		-		-		-		-		-	2,855		323,995
Realized gain (loss) on investments		(623	)	31		(9,777	)	(44	)	-		-	-		-
Change in unrealized gain (loss) on investments		604		(1,904	)	10,457		(13,938	)	-		-	-		-
Reinvested capital gains		-		-		-		-		-		-	-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(19	)	(1,873	)	680		(13,982	)	-		-	2,855		323,995
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		-		-		751		4,980		134,434		-	2,483,835		6,085,635
Transfers between funds		(611	)	-		(17,439	)	-		25,708,333		-	(31,410,186	)	9,108,347
Surrenders (note 6)		(1,211	)	-		(1,287	)	-		(7,269	)	-	(2,040,533	)	(982,097	)
Death benefits (note 4)		-		-		-		-		-		-	-		(35,021	)
Net policy repayments (loans) (note 5)		-		-		-		-		(44,657	)	-	(1,820,933	)	(426,263	)
Deductions for surrender charges (note 2d)		(216	)	-		(235	)	-		(8,732	)	-	(169,050	)	(131,372	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(33	)	(244	)	(313	)	(998	)	(62,862	)	-	(1,213,347	)	(1,471,995	)
Asset charges (note 3):		(2	)	(21	)	(26	)	(109	)	(4,065	)	-	(85,564	)	(93,253	)
Adjustments to maintain reserves		8		(18	)	8		(23	)	(2	)	-	28		2
Net equity transactions		(2,065	)	(283	)	(18,541	)	3,850		25,715,180		-	(34,255,750	)	12,053,983
Net change in contract owners’ equity		(2,084	)	(2,156	)	(17,861	)	(10,132	)	25,715,180		-	(34,252,895	)	12,377,978
Contract owners’ equity beginning of period		2,084		4,240		17,861		27,993		-		-	34,252,895		21,874,917
Contract owners’ equity end of period	$	-		2,084		-		17,861		25,715,180		-	-		34,252,895
CHANGES IN UNITS:
Beginning units		239		262		2,358		1,992		-		-	3,034,772		1,962,104
Units purchased		-		-		102		474		2,585,505		-	252,834		1,508,371
Units redeemed		(239	)	(23	)	(2,460	)	(108	)	(13,987	)	-	(3,287,606	)	(435,703	)
Ending units		-		239		-		2,358		2,571,518		-	-		3,034,772

(Continued)

33

NATIONWIDE VLI SEPARATE ACCOUNT-6

STATEMENTS OF CHANGES IN CONTRACT OWNERS’ EQUITY, Continued

Years Ended December 31, 2009 and 2008

	RVHEQ
	2009			2008
Investment activity:
Net investment income (loss)	$	738		1,469
Realized gain (loss) on investments		(5,573	)	(67,201	)
Change in unrealized gain (loss) on investments		(1,575	)	17,806
Reinvested capital gains		-		-
Net increase (decrease) in contract owners’ equity resulting from operations		(6,410	)	(47,926	)
Equity transactions:
Purchase payments received from contract owners (notes 2a and 6)		4,549		16,024
Transfers between funds		(95,643	)	(101,708	)
Surrenders (note 6)		(1,566	)	(1,345	)
Death benefits (note 4)		-		-
Net policy repayments (loans) (note 5)		1,337		(2,950	)
Deductions for surrender charges (note 2d)		(314	)	(238	)
Redemptions to pay cost of insurance charges and administration charges (notes 2b and 2c)		(4,117	)	(14,189	)
Asset charges (note 3):		(183	)	(753	)
Adjustments to maintain reserves		7		(5	)
Net equity transactions		(95,930	)	(105,164	)
Net change in contract owners’ equity		(102,340	)	(153,090	)
Contract owners’ equity beginning of period		102,340		255,430
Contract owners’ equity end of period	$	-		102,340
CHANGES IN UNITS:
Beginning units		12,746		24,228
Units purchased		621		2,639
Units redeemed		(13,367	)	(14,121	)
Ending units		-		12,746

See accompanying notes to financial statements.

34

NATIONWIDE VLI SEPARATE ACCOUNT-6

NOTES TO FINANCIAL STATEMENTS

December 31, 2009 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:

NATIONWIDE FUNDS GROUP

Federated NVIT High Income Bond Fund - Class III (HIBF3)

NVIT Fund - Class II (TRF2)

NVIT Fund - Class III (TRF3)

NVIT Government Bond Fund - Class I (GBF)

NVIT Government Bond Fund - Class III (GBF3)

NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)

NVIT Investor Destinations Aggressive Fund - Class VI (GVIDA6)

NVIT Investor Destinations Conservative Fund - Class II (GVIDC)*

NVIT Investor Destinations Conservative Fund - Class VI (GVIDC6)

NVIT Investor Destinations Moderate Fund - Class II (GVIDM)

NVIT Investor Destinations Moderate Fund - Class VI (GVIDM6)

NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)

NVIT Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)

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

NVIT Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)

NVIT Money Market Fund - Class II (NVMM2)

NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)

NVIT Multi-Manager Small Cap Growth Fund - Class II (SCGF2)*

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

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

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

NVIT Multi-Manager Small Company Fund - Class II (SCF2)

NVIT Multi-Manager Small Company Fund - Class III (SCF3)

Portfolios of the American Century Variable Portfolios, Inc.

VP Income & Growth Fund - Class II (ACVIG2)

VP Income & Growth Fund - Class III (ACVIG3)

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

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

VP Value Fund - Class II (ACVV2)

VP Value Fund - Class III (ACVV3)

Portfolios of the Fidelity (R Variable Insurance Products Fund FidelityR)

Contrafund Portfolio - Service Class 2 (FC2)

VIP Fund - Contrafund Portfolio - Service Class 2 R (FC2R)

VIP Fund - Equity-Income Portfolio - Service Class 2 (FEI2)

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

VIP Fund - Growth Portfolio - Service Class 2 (FG2)

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

RYDEX FUNDS

Variable Trust: All-Cap Opportunity Fund (RSRF)

Variable Trust: Banking Fund (RBKF)

Variable Trust: Basic Materials Fund (RBMF)

Variable Trust: Biotechnology Fund (RBF)

Variable Trust: Commodities Strategy Fund (RVCMD)

Variable Trust: Consumer Products Fund (RCPF)

Variable Trust: Dow 2x Strategy Fund (RVLDD)

Variable Trust: Electronics Fund (RELF)

Variable Trust: Energy Fund (RENF)

Variable Trust: Energy Services Fund (RESF)

Variable Trust: Europe 1.25x Strategy Fund (RLCE)

Variable Trust: Financial Services Fund (RFSF)

Variable Trust: Government Long Bond 1.2x Strategy Fund (RUGB)

Variable Trust: Health Care Fund (RHCF)

Variable Trust: Internet Fund (RINF)

Variable Trust: Inverse Dow 2x Strategy Fund (RVIDD)

Variable Trust: Inverse Government Long Bond Strategy Fund (RJNF)

Variable Trust: Inverse Mid-Cap Strategy Fund (RVIMC)

Variable Trust: Inverse NASDAQ-100(R) Strategy Fund (RAF)

Variable Trust: Inverse Russell 2000(R) Strategy Fund (RVISC)

Variable Trust: Inverse S&P 500 Strategy Fund (RUF)

Variable Trust: Japan 2x Strategy Fund (RLCJ)

Variable Trust: Leisure Fund (RLF)

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

Variable Trust: Multi-Cap Core Equity Fund (RVCEQ)

Variable Trust: Multi-Hedge Strategies Fund (RVARS)

Variable Trust: NASDAQ-100(R) 2x Strategy Fund (RVF)

Variable Trust: NASDAQ-100(R) Fund (ROF)

Variable Trust: Nova Fund (RNF)

(Continued)

35

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

Variable Trust: Precious Metals Fund (RPMF)

Variable Trust: Real Estate Fund (RREF)

Variable Trust: Retailing Fund (RRF)

Variable Trust: Russell 2000(R) 1.5x Strategy Fund (RMEK)

Variable Trust: S&P 500 2x Strategy Fund (RTF)

Variable Trust: S&P 500 Pure Growth Fund (RVLCG)

Variable Trust: S&P 500 Pure Value Fund (RVLCV)

Variable Trust: S&P MidCap 400 Pure Growth Fund (RVMCG)

Variable Trust: S&P MidCap 400 Pure Value Fund (RVMCV)

Variable Trust: S&P SmallCap 600 Pure Growth Fund (RVSCG)

Variable Trust: S&P SmallCap 600 Pure Value Fund (RVSCV)

Variable Trust: Strengthening Dollar 2x Strategy Fund (RVSDL)

Variable Trust: Technology Fund (RTEC)

Variable Trust: Telecommunications Fund (RTEL)

Variable Trust: Transportation Fund (RTRF)

Variable Trust: Utilities Fund (RUTL)

Variable Trust: Weakening Dollar 2x Strategy Fund (RVWDL)

Z CLOSED FUNDS

NVIT Money Market Fund II (obsolete) (SAM2)*

* At December 31, 2009, contract owners were not invested in this fund.

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

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

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

A purchase payment could be presented as a negative equity transaction in the Statements of Changes in Contract Owners’ Equity if a prior period purchase payment is refunded to a contract owner due to a contract cancellation during the free look period, and/or if a gain is realized by the contract owner during the free look period.

(c) Security Valuation, Transactions and Related Investment Income

Investments in underlying mutual funds are valued at the closing net asset value per share at December 31, 2009 of such funds, which represents 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 Standards

In September 2006, the FASB issued FASB ASC 820, Fair Value Measurements and Disclosures (SFAS No. 157, Fair Value Measurements). FASB ASC 820 provides enhanced guidance for using fair value to measure assets and liabilities and requires new disclosures about fair value measurements and 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. FASB ASC 820 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.

FASB ASC 820 was effective for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years, with early adoption permitted. The Account adopted FASB ASC 820 effective January 1, 2008. The adoption of FASB ASC 820 did not have a material impact on the Account’s financial position or results of operations.

In September 2009 the FASB issued ASU 2009-12, which amends FASB ASC 820, Fair Value Measurements and Disclosures. This guidance applies to reporting entities that hold an investment that is required or permitted to be measured or disclosed at fair value on a recurring or nonrecurring basis if the investment does not have a readily determinable fair value and the investee has attributes of an investment company. For these investments, this update allows, as a practical expedient, the use of net asset value (NAV) as the basis to estimate fair value as long as it is not probable, as of the measurement date that the investment will be sold and NAV is not the value that will be used in the sale. The NAVs must be calculated consistent with the American Institute of Certified Public Accountants Audit and Accounting Guide, Investment Companies, which generally requires these investments to be measured at fair value. Additionally, the guidance provided updated disclosures for investments within its scope and noted that if the investor can redeem the investment with the investee on the measurement date at NAV, the investment should likely be classified as Level 2 in the fair value hierarchy. Investments that cannot be redeemed with the investee at NAV would generally be classified as Level 3 in the fair value hierarchy. If the investment is not redeemable with the investee on the measurement date, but will be at a future date, the length of time until the investment is redeemable should be considered in determining classification as Level 2 or 3. This guidance is effective for interim and annual periods ending after December 15, 2009 with early adoption permitted. The Account adopted this guidance effective the period ending December 31, 2009. The adoption of this guidance did not have a material impact on the financial statements of the Account.

(g) Subsequent Events

The Company evaluated subsequent events through the date the financial statements were issued with the SEC.

(Continued)

36

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

(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, 2009 and 2008, total front-end sales charge deductions were $238,723 and $414,026, 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.

(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%. Surrender charges are assessed by liquidating units. The Company may wave the surrender charge for certain contracts in which sales expenses normally associated with the distribution of a contract are not incurred. 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) or the minimum required death benefit.

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 contract owners, as applicable, on the accompanying Statements of Change in Contract Owners’ Equity. Policy loan transactions (note 5), executed at the direction of the contract owner, also result in transfers between the Account and the fixed account of the Company, but are included in Net Policy (Loans) Repayments. The fixed account assets are not reflected in the accompanying financial statements. For the periods ended December 31, 2009 and 2008, total transfers into the Account from the fixed account were $821,471 and $759,592, respectively, and total transfers from the Account to the fixed account were $3,039,120 and $1,704,892, respectively.

(7) Fair Value Measurement

FASB ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Account generally uses the market approach as the valuation technique due to the nature of the mutual fund investments offered in the Account. This technique maximizes the use of observable inputs and minimizes the use of unobservable inputs.

(Continued)

37

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

In accordance with FASB ASC 820, the Account categorized its financial instruments into a three level hierarchy based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument in its entirety.

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

• Level 1 – Unadjusted quoted prices accessible in active markets 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. These funds have no unfunded commitments or restrictions and the Account always has the ability to redeem its interest in the funds with the investee at NAV daily. The investment objectives of these mutual funds are described by the fund name in note 1(b) and in more detail in the applicable product prospectus.

• 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, 2009:

	Level 1	Level 2		Level 3	Total
Separate Account Investments	0	$	55,248,823	0	$	55,248,823

Net Accounts Payable of $229 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 FASB ASC 820.

The cost of purchases and sales of Investments for the year ended December 31, 2009 are as follows:

	Purchases of Investments		Sales of Investments
Federated NVIT High Income Bond Fund - Class III (HIBF3)	$	4,300,567	$	3,927,751
NVIT Fund - Class II (TRF2)		73		1,463
NVIT Fund - Class III (TRF3)		11,717		8,384
NVIT Government Bond Fund - Class I (GBF)		1,517		2,285
NVIT Government Bond Fund - Class III (GBF3)		825,839		1,080,182
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)		32		6,125
NVIT Investor Destinations Aggressive Fund - Class VI (GVIDA6)		301,711		230,650
NVIT Investor Destinations Conservative Fund - Class VI (GVIDC6)		43,818		70,591
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)		127		120
NVIT Investor Destinations Moderate Fund - Class VI (GVIDM6)		159,728		279,964
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)		1,862		3,458
NVIT Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)		482,820		443,021
NVIT Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)		201,538		187,304
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)		18,049		2,630
NVIT Multi-Manager Small Cap Growth Fund - Class II (SCGF2)		-		1,851
NVIT Multi-Manager Small Cap Growth Fund - Class III (SCGF3)		1,275		3,537
NVIT Multi-Manager Small Cap Value Fund - Class II (SCVF2)		3		2,937
NVIT Multi-Manager Small Cap Value Fund - Class III (SCVF3)		3,195		4,683
NVIT Multi-Manager Small Company Fund - Class II (SCF2)		24		8,949
NVIT Multi-Manager Small Company Fund - Class III (SCF3)		513,140		216,779
VP Income & Growth Fund - Class II (ACVIG2)		221		380
VP Income & Growth Fund - Class III (ACVIG3)		35,649		52,029
VP Ultra(R) Fund - Class II (ACVU2)		24		5,868
VP Ultra(R) Fund - Class III (ACVU3)		10,107		25,707
VP Value Fund - Class II (ACVV2)		1,450		9,862
VP Value Fund - Class III (ACVV3)		78,274		94,999
Contrafund Portfolio - Service Class 2 (FC2)		458		27,439
VIP Fund - Contrafund Portfolio - Service Class 2 R (FC2R)		426,893		350,128
VIP Fund - Equity-Income Portfolio - Service Class 2 (FEI2)		644		21,958
VIP Fund - Equity-Income Portfolio - Service Class 2 R (FEI2R)		198,733		408,938
VIP Fund - Growth Portfolio - Service Class 2 (FG2)		22		1,101
VIP Fund - Growth Portfolio - Service Class 2 R (FG2R)		58,493		106,657
Variable Trust: All-Cap Opportunity Fund (RSRF)		394,194		343,818
Variable Trust: Banking Fund (RBKF)		1,384,452		1,261,374
Variable Trust: Basic Materials Fund (RBMF)		1,634,444		1,419,516
Variable Trust: Biotechnology Fund (RBF)		2,337,675		501,110
Variable Trust: Commodities Strategy Fund (RVCMD)		637,104		580,310
Variable Trust: Consumer Products Fund (RCPF)		241,111		271,922
Variable Trust: Dow 2x Strategy Fund (RVLDD)		2,392,431		2,344,443
Variable Trust: Electronics Fund (RELF)		441,744		384,567
Variable Trust: Energy Fund (RENF)		2,065,044		1,912,791
Variable Trust: Energy Services Fund (RESF)		1,177,242		1,325,532
Variable Trust: Europe 1.25x Strategy Fund (RLCE)		1,015,344		942,447
Variable Trust: Financial Services Fund (RFSF)		584,862		658,730
Variable Trust: Government Long Bond 1.2x Strategy Fund (RUGB)		18,419,302		19,082,679
Variable Trust: Health Care Fund (RHCF)		392,401		559,399
Variable Trust: Internet Fund (RINF)		358,373		359,640
Variable Trust: Inverse Dow 2x Strategy Fund (RVIDD)		2,547,742		2,581,202
Variable Trust: Inverse Government Long Bond Strategy Fund (RJNF)		2,911,658		3,162,256
Variable Trust: Inverse Mid-Cap Strategy Fund (RVIMC)		1,818,204		766,454
Variable Trust: Inverse NASDAQ-100(R) Strategy Fund (RAF)		43,571,721		43,672,990
Variable Trust: Inverse Russell 2000(R) Strategy Fund (RVISC)		40,259,276		42,015,510

(Continued)

38

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

Variable Trust: Inverse S&P 500 Strategy Fund (RUF)		56,415,111		56,611,798
Variable Trust: Japan 2x Strategy Fund (RLCJ)		288,654		260,385
Variable Trust: Leisure Fund (RLF)		238,385		194,270
Variable Trust: Mid-Cap 1.5x Strategy Fund (RMED)		1,297,220		1,146,589
Variable Trust: Multi-Cap Core Equity Fund (RVCEQ)		26,862		14,545
Variable Trust: Multi-Hedge Strategies Fund (RVARS)		694,144		441,436
Variable Trust: NASDAQ-100(R) 2x Strategy Fund (RVF)		49,374,166		47,395,541
Variable Trust: NASDAQ-100(R) Fund (ROF)		17,545,440		17,563,704
Variable Trust: Nova Fund (RNF)		2,628,570		2,544,231
Variable Trust: Precious Metals Fund (RPMF)		3,311,748		3,162,277
Variable Trust: Real Estate Fund (RREF)		387,040		457,717
Variable Trust: Retailing Fund (RRF)		367,315		313,362
Variable Trust: Russell 2000(R) 1.5x Strategy Fund (RMEK)		108,504,296		107,257,792
Variable Trust: S&P 500 2x Strategy Fund (RTF)		35,016,516		33,651,725
Variable Trust: S&P 500 Pure Growth Fund (RVLCG)		604,621		577,265
Variable Trust: S&P 500 Pure Value Fund (RVLCV)		389,004		204,588
Variable Trust: S&P MidCap 400 Pure Growth Fund (RVMCG)		657,856		589,360
Variable Trust: S&P MidCap 400 Pure Value Fund (RVMCV)		627,374		305,621
Variable Trust: S&P SmallCap 600 Pure Growth Fund (RVSCG)		620,674		445,513
Variable Trust: S&P SmallCap 600 Pure Value Fund (RVSCV)		791,347		720,909
Variable Trust: Strengthening Dollar 2x Strategy Fund (RVSDL)		1,840,270		1,779,540
Variable Trust: Technology Fund (RTEC)		475,061		358,747
Variable Trust: Telecommunications Fund (RTEL)		383,247		449,551
Variable Trust: Transportation Fund (RTRF)		272,964		276,495
Variable Trust: Utilities Fund (RUTL)		428,373		416,509
Variable Trust: Weakening Dollar 2x Strategy Fund (RVWDL)		926,564		1,434,777
NVIT Mid Cap Growth Fund - Class I (obsolete) (SGRF)		-		2,695
NVIT Mid Cap Growth Fund - Class III (obsolete) (SGRF3)		563		28,887
NVIT Money Market Fund - Class II (NVMM2)		27,677,140		1,961,958
NVIT Money Market Fund II (obsolete) (SAM2)		213,241,722		247,494,583
Variable Trust: Hedged Equity Fund (obsolete) (RVHEQ)		5,139		105,911
Total	$	657,299,713	$	659,902,701

(8) Financial Highlights

The following tabular presentation is a summary of units, unit fair values and contract owners’ equity outstanding for variable life contract as of the end of the periods indicated, and the contract expense rate, investment income ratio and total return for each of the periods in the five year period ended December 31, 2009.

(Continued)

39

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
Federated NVIT High Income Bond Fund - Class III (HIBF3)
2009	0.00	%	279,704	$	11.606343	$	3,246,341	8.77	%	46.08	%
2008	0.00	%	274,948		7.945275		2,184,538	9.94	%	-28.10	%
2007	0.00	%	11,908		11.050073		131,584	5.31	%	3.17	%
2006	0.00	%	5,192		10.710781		55,610	5.76	%	7.11	%	5/1/2006
NVIT Fund - Class II (TRF2)
2009	0.00	%	653		11.386836		7,436	1.10	%	25.56	%
2008	0.00	%	745		9.069070		6,756	1.18	%	-41.61	%
2007	0.00	%	850		15.531959		13,202	0.83	%	7.89	%
2006	0.00	%	966		14.395658		13,906	0.92	%	13.40	%
2005	0.00	%	1,130		12.694519		14,345	0.42	%	7.04	%
NVIT Fund - Class III (TRF3)
2009	0.00	%	3,457		10.072787		34,822	1.35	%	26.16	%
2008	0.00	%	2,677		7.983847		21,373	3.17	%	-41.54	%
2007	0.00	%	1,890		13.657504		25,813	1.76	%	8.22	%
2006	0.00	%	2,316		12.620064		29,228	1.16	%	13.71	%
2005	0.00	%	1,560		11.098742		17,314	0.83	%	10.99	%	5/2/2005
NVIT Government Bond Fund - Class I (GBF)
2009	0.00	%	2,273		13.450226		30,572	3.41	%	2.69	%
2008	0.00	%	2,449		13.098136		32,077	4.22	%	7.72	%
2007	0.00	%	2,614		12.159545		31,785	4.42	%	7.16	%
2006	0.00	%	2,848		11.347304		32,317	4.06	%	3.34	%
2005	0.00	%	4,484		10.980441		49,236	1.46	%	3.26	%
NVIT Government Bond Fund - Class III (GBF3)
2009	0.00	%	100,792		12.438610		1,253,712	3.49	%	2.69	%
2008	0.00	%	129,103		12.112370		1,563,743	4.98	%	7.73	%
2007	0.00	%	40,388		11.243704		454,111	4.65	%	7.15	%
2006	0.00	%	17,056		10.493015		178,969	4.84	%	3.35	%
2005	0.00	%	5,436		10.153318		55,193	3.43	%	1.53	%	5/2/2005
NVIT Investor Destinations Aggressive Fund - Class II (GVIDA)
2009	0.00	%	2		12.080820		24	1.42	%	27.21	%
2008	0.00	%	395		9.497063		3,751	2.04	%	-36.84	%
2007	0.00	%	450		15.037103		6,767	1.92	%	5.96	%
2006	0.00	%	486		14.191530		6,897	1.97	%	16.87	%
2005	0.00	%	540		12.143224		6,557	1.85	%	7.93	%
NVIT Investor Destinations Aggressive Fund - Class VI (GVIDA6)
2009	0.00	%	38,031		11.168245		424,740	0.95	%	27.37	%
2008	0.00	%	24,979		8.768562		219,030	1.45	%	-36.89	%
2007	0.00	%	196,210		13.893242		2,725,993	4.87	%	5.97	%
2006	0.00	%	11,738		13.110997		153,897	3.10	%	16.92	%
2005	0.00	%	1,758		11.213798		19,714	2.78	%	12.14	%	5/2/2005
NVIT Investor Destinations Conservative Fund - Class VI (GVIDC6)
2009	0.00	%	13,818		11.871028		164,034	1.75	%	9.25	%
2008	0.00	%	16,092		10.866345		174,861	3.51	%	-6.18	%
2007	0.00	%	9,988		11.581503		115,676	4.29	%	5.43	%
2006	0.00	%	2,544		10.985285		27,947	2.88	%	6.13	%
2005	0.00	%	4,990		10.350568		51,649	1.90	%	3.51	%	5/2/2005
NVIT Investor Destinations Moderate Fund - Class II (GVIDM)
2009	0.00	%	297		12.316469		3,658	1.55	%	19.14	%
2008	0.00	%	305		10.338217		3,153	1.66	%	-23.20	%
2007	0.00	%	1,346		13.460367		18,118	2.30	%	5.66	%
2006	0.00	%	2,734		12.739401		34,830	2.04	%	11.35	%
2005	0.00	%	6,366		11.440576		72,831	2.62	%	5.34	%
NVIT Investor Destinations Moderate Fund - Class VI (GVIDM6)
2009	0.00	%	40,018		11.601785		464,280	1.55	%	19.37	%
2008	0.00	%	46,082		9.718804		447,862	2.89	%	-23.37	%
2007	0.00	%	44,914		12.682135		569,605	3.04	%	5.70	%
2006	0.00	%	27,930		11.997767		335,098	2.71	%	11.44	%
2005	0.00	%	14,960		10.765754		161,056	2.34	%	7.66	%	5/2/2005
NVIT Investor Destinations Moderately Aggressive Fund - Class II (GVDMA)
2009	0.00	%	2,981	$	12.326065	$	36,744	1.31	%	24.39	%
2008	0.00	%	3,221		9.909016		31,917	2.45	%	-31.39	%
2007	0.00	%	3,506		14.442614		50,636	2.07	%	6.15	%
2006	0.00	%	6,138		13.605809		83,512	2.13	%	14.54	%
2005	0.00	%	7,256		11.878625		86,191	2.29	%	7.07	%

(Continued)

40

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
NVIT Investor Destinations Moderately Aggressive Fund - Class VI (GVDMA6)
2009	0.00	%	53,728		11.431162		614,173	1.45	%	24.27	%
2008	0.00	%	35,715		9.198575		328,527	2.06	%	-31.39	%
2007	0.00	%	85,062		13.406873		1,140,415	3.02	%	6.16	%
2006	0.00	%	25,380		12.629205		320,529	2.85	%	14.56	%
2005	0.00	%	11,276		11.024077		124,307	2.21	%	10.24	%	5/2/2005
NVIT Investor Destinations Moderately Conservative Fund - Class II (GVDMC)
2007	0.00	%	212		12.780655		2,709	3.05	%	5.86	%
2006	0.00	%	216		12.073257		2,608	2.74	%	8.42	%
2005	0.00	%	220		11.135379		2,450	2.11	%	4.49	%
NVIT Investor Destinations Moderately Conservative Fund - Class VI (GVDMC6)
2009	0.00	%	3,341		11.794941		39,407	2.72	%	14.63	%
2008	0.00	%	1,966		10.289483		20,229	2.32	%	-15.03	%
2007	0.00	%	19,792		12.108905		239,659	3.59	%	5.82	%
2006	0.00	%	2,712		11.442941		31,033	2.56	%	8.39	%
2005	0.00	%	5,696		10.556801		60,132	1.93	%	5.57	%	5/2/2005
NVIT Multi-Manager Mid Cap Growth Fund - Class I (NVMMG1)
2009	0.00	%	1,542		12.415831		19,145	0.00	%	24.16	%	4/24/2009
NVIT Multi-Manager Small Cap Growth Fund - Class II (SCGF2)
2008	0.00	%	176		7.573815		1,333	0.00	%	-46.54	%
2007	0.00	%	192		14.165991		2,720	0.00	%	9.50	%
2006	0.00	%	204		12.936937		2,639	0.00	%	2.99	%
2005	0.00	%	222		12.561849		2,789	0.00	%	7.73	%
NVIT Multi-Manager Small Cap Growth Fund - Class III (SCGF3)
2009	0.00	%	895		9.307981		8,331	0.00	%	27.63	%
2008	0.00	%	1,017		7.292775		7,417	0.00	%	-46.45	%
2007	0.00	%	844		13.619779		11,495	0.00	%	9.81	%
2006	0.00	%	102		12.403041		1,265	0.00	%	3.23	%
2005	0.00	%	48		12.015208		577	0.00	%	20.15	%	5/2/2005
NVIT Multi-Manager Small Cap Value Fund - Class II (SCVF2)
2009	0.00	%	57		12.769979		728	0.45	%	25.86	%
2008	0.00	%	218		10.146116		2,212	0.91	%	-32.30	%
2007	0.00	%	238		14.986718		3,567	0.97	%	-7.23	%
2006	0.00	%	256		16.154401		4,136	0.15	%	17.10	%
2005	0.00	%	1,076		13.795785		14,844	0.00	%	2.78	%
NVIT Multi-Manager Small Cap Value Fund - Class III (SCVF3)
2009	0.00	%	2,118		10.709743		22,683	0.52	%	26.33	%
2008	0.00	%	2,067		8.477744		17,523	1.13	%	-32.21	%
2007	0.00	%	1,882		12.505138		23,535	1.15	%	-6.92	%
2006	0.00	%	2,216		13.435365		29,773	0.47	%	17.37	%
2005	0.00	%	1,502		11.447242		17,194	0.12	%	14.47	%	5/2/2005
NVIT Multi-Manager Small Company Fund - Class II (SCF2)
2009	0.00	%	1,133		13.763093		15,594	0.17	%	34.43	%
2008	0.00	%	1,555		10.238139		15,920	0.61	%	-38.35	%
2007	0.00	%	1,648		16.607844		27,370	0.00	%	1.89	%
2006	0.00	%	1,682		16.298982		27,415	0.05	%	11.75	%
2005	0.00	%	2,012		14.584947		29,345	0.00	%	12.01	%
NVIT Multi-Manager Small Company Fund - Class III (SCF3)
2009	0.00	%	38,518		11.148548		429,420	0.20	%	34.73	%
2008	0.00	%	7,017		8.274662		58,063	0.69	%	-38.16	%
2007	0.00	%	4,660		13.381102		62,356	0.02	%	2.11	%
2006	0.00	%	4,922		13.104467		64,500	0.33	%	12.07	%
2005	0.00	%	1,232		11.693622		14,407	0.00	%	16.94	%	5/2/2005
VP Income & Growth Fund - Class II (ACVIG2)
2009	0.00	%	494	$	11.657064	$	5,759	4.37	%	17.77	%
2008	0.00	%	517		9.897787		5,117	1.70	%	-34.73	%
2007	0.00	%	718		15.163917		10,888	1.60	%	-0.43	%
2006	0.00	%	750		15.229877		11,422	1.44	%	16.81	%
2005	0.00	%	1,326		13.037836		17,288	34.55	%	4.52	%
VP Income & Growth Fund - Class III (ACVIG3)
2009	0.00	%	11,879		9.739449		115,695	4.90	%	18.10	%
2008	0.00	%	11,835		8.246990		97,603	2.40	%	-34.59	%
2007	0.00	%	17,228		12.607351		217,199	1.48	%	-0.07	%
2006	0.00	%	11,246		12.615826		141,878	1.36	%	17.09	%
2005	0.00	%	5,672		10.774753		61,114	0.00	%	7.75	%	5/2/2005

(Continued)

41

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
VP Ultra(R) Fund - Class II (ACVU2)
2009	0.00	%	1,138		10.944258		12,455	0.21	%	34.52	%
2008	0.00	%	1,574		8.135719		12,806	0.00	%	-41.65	%
2007	0.00	%	1,664		13.942182		23,200	0.00	%	20.84	%
2006	0.00	%	4,954		11.537562		57,157	0.00	%	-3.39	%
2005	0.00	%	5,704		11.942190		68,118	0.00	%	1.97	%
VP Ultra(R) Fund - Class III (ACVU3)
2009	0.00	%	6,956		10.172081		70,757	0.31	%	34.54	%
2008	0.00	%	7,813		7.560823		59,073	0.00	%	-41.52	%
2007	0.00	%	7,520		12.928640		97,223	0.00	%	21.04	%
2006	0.00	%	6,486		10.681571		69,281	0.00	%	-3.28	%
2005	0.00	%	2,692		11.043659		29,730	0.00	%	10.44	%	5/2/2005
VP Value Fund - Class II (ACVV2)
2009	0.00	%	2,046		13.060975		26,723	5.69	%	19.72	%
2008	0.00	%	2,572		10.909345		28,059	2.28	%	-26.80	%
2007	0.00	%	2,872		14.904082		42,805	1.73	%	-5.31	%
2006	0.00	%	4,474		15.739668		70,419	1.21	%	18.46	%
2005	0.00	%	4,744		13.286571		63,031	1.04	%	4.85	%
VP Value Fund - Class III (ACVV3)
2009	0.00	%	29,962		10.672512		319,770	5.59	%	19.86	%
2008	0.00	%	29,398		8.904231		261,767	2.62	%	-26.78	%
2007	0.00	%	40,622		12.160229		493,973	1.35	%	-5.14	%
2006	0.00	%	28,188		12.818874		361,338	1.21	%	18.65	%
2005	0.00	%	14,436		10.803690		155,962	0.00	%	8.04	%	5/2/2005
Contrafund Portfolio - Service Class 2 (FC2)
2009	0.00	%	2,923		14.941493		43,674	1.13	%	35.47	%
2008	0.00	%	4,369		11.029518		48,188	0.78	%	-42.69	%
2007	0.00	%	4,758		19.245347		91,569	0.57	%	17.30	%
2006	0.00	%	9,232		16.406598		151,466	0.90	%	11.43	%
2005	0.00	%	12,254		14.723477		180,421	0.14	%	16.65	%
VIP Fund - Contrafund Portfolio - Service Class 2 R (FC2R)
2009	0.00	%	74,682		12.137523		906,454	1.41	%	35.46	%
2008	0.00	%	59,096		8.960063		529,504	0.60	%	-42.69	%
2007	0.00	%	102,134		15.633758		1,596,738	1.01	%	17.30	%
2006	0.00	%	51,338		13.328329		684,250	1.17	%	11.43	%
2005	0.00	%	16,980		11.961699		203,110	0.00	%	19.62	%	5/2/2005
VIP Fund - Equity-Income Portfolio - Service Class 2 (FEI2)
2009	0.00	%	2,832		11.819074		33,472	2.02	%	29.88	%
2008	0.00	%	4,127		9.099694		37,554	2.24	%	-42.81	%
2007	0.00	%	4,452		15.911679		70,839	1.19	%	1.27	%
2006	0.00	%	8,350		15.711721		131,193	3.01	%	19.93	%
2005	0.00	%	9,668		13.100905		126,660	1.48	%	5.57	%
VIP Fund - Equity-Income Portfolio - Service Class 2 R (FEI2R)
2009	0.00	%	25,943		9.915421		257,236	1.53	%	29.95	%
2008	0.00	%	29,744		7.630455		226,960	2.57	%	-42.82	%
2007	0.00	%	24,786		13.343675		330,736	1.76	%	1.27	%
2006	0.00	%	18,672		13.176169		246,025	3.37	%	19.89	%
2005	0.00	%	9,848		10.990361		108,233	0.00	%	9.90	%	5/2/2005
VIP Fund - Growth Portfolio - Service Class 2 (FG2)
2009	0.00	%	799	$	10.614127	$	8,481	0.20	%	27.97	%
2008	0.00	%	893		8.294550		7,407	0.56	%	-47.31	%
2007	0.00	%	1,094		15.741342		17,221	0.51	%	26.66	%
2006	0.00	%	2,334		12.428116		29,007	0.16	%	6.57	%
2005	0.00	%	3,092		11.661647		36,058	0.25	%	5.50	%
VIP Fund - Growth Portfolio - Service Class 2 R (FG2R)
2009	0.00	%	14,179		10.235132		145,124	0.18	%	27.98	%
2008	0.00	%	15,682		7.997632		125,419	0.24	%	-47.31	%
2007	0.00	%	41,960		15.178221		636,878	0.40	%	26.66	%
2006	0.00	%	5,890		11.983852		70,585	0.21	%	6.58	%
2005	0.00	%	4,986		11.243640		56,061	0.00	%	12.44	%	5/2/2005

(Continued)

42

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
Variable Trust: All-Cap Opportunity Fund (RSRF)
2009	0.00	%	53,493		13.734401		734,694	0.14	%	27.29	%
2008	0.00	%	45,909		10.789544		495,337	0.00	%	-40.73	%
2007	0.00	%	57,518		18.205576		1,047,148	0.00	%	22.75	%
2006	0.00	%	35,262		14.831991		523,006	0.00	%	11.39	%
2005	0.00	%	19,448		13.315851		258,967	0.00	%	13.71	%
Variable Trust: Banking Fund (RBKF)
2009	0.00	%	29,488		5.798144		170,976	4.66	%	-3.43	%
2008	0.00	%	8,143		6.004219		48,892	0.10	%	-41.16	%
2007	0.00	%	2,542		10.204559		25,940	1.72	%	-27.08	%
2006	0.00	%	22,686		13.994135		317,471	2.27	%	11.25	%
2005	0.00	%	2,582		12.579511		32,480	4.89	%	-2.77	%
Variable Trust: Basic Materials Fund (RBMF)
2009	0.00	%	23,381		20.405965		477,112	0.32	%	55.46	%
2008	0.00	%	17,231		13.126195		226,178	0.64	%	-45.40	%
2007	0.00	%	29,380		24.039646		706,285	0.14	%	33.97	%
2006	0.00	%	17,404		17.944662		312,309	1.41	%	22.29	%
2005	0.00	%	4,112		14.673284		60,337	0.40	%	4.04	%
Variable Trust: Biotechnology Fund (RBF)
2009	0.00	%	164,194		12.166406		1,997,651	0.00	%	18.34	%
2008	0.00	%	16,986		10.280937		174,632	0.00	%	-11.78	%
2007	0.00	%	15,098		11.653173		175,940	0.00	%	4.40	%
2006	0.00	%	6,516		11.161543		72,729	0.00	%	-3.32	%
2005	0.00	%	23,156		11.545119		267,339	0.00	%	10.67	%
Variable Trust: Commodities Strategy Fund (RVCMD)
2009	0.00	%	62,454		5.701499		356,081	2.05	%	11.56	%
2008	0.00	%	32,869		5.110532		167,978	1.83	%	-49.02	%
2007	0.00	%	33,836		10.025298		339,216	0.00	%	31.02	%
2006	0.00	%	7,690		7.651770		58,842	0.00	%	-23.48	%	5/1/2006
Variable Trust: Consumer Products Fund (RCPF)
2009	0.00	%	4,256		14.584742		62,073	1.70	%	19.12	%
2008	0.00	%	7,423		12.243999		90,888	0.08	%	-23.39	%
2007	0.00	%	17,676		15.982190		282,501	2.69	%	11.08	%
2006	0.00	%	23,366		14.388183		336,194	1.29	%	17.42	%
2005	0.00	%	1,342		12.253101		16,444	0.53	%	-0.40	%
Variable Trust: Dow 2x Strategy Fund (RVLDD)
2009	0.00	%	31,456		7.732093		243,221	0.00	%	36.87	%
2008	0.00	%	31,734		5.649202		179,272	2.38	%	-61.71	%
2007	0.00	%	53,504		14.755247		789,465	1.17	%	8.15	%
2006	0.00	%	42,684		13.643242		582,348	0.63	%	30.54	%
2005	0.00	%	53,398		10.451225		558,075	1.00	%	-3.81	%
Variable Trust: Electronics Fund (RELF)
2009	0.00	%	8,908	$	7.441265	$	66,287	0.00	%	71.85	%
2008	0.00	%	1,021		4.330161		4,421	0.00	%	-50.11	%
2007	0.00	%	4,126		8.679366		35,811	0.00	%	-2.50	%
2006	0.00	%	3,472		8.901590		30,906	0.00	%	2.49	%
2005	0.00	%	6,830		8.685720		59,323	0.00	%	3.87	%
Variable Trust: Energy Fund (RENF)
2009	0.00	%	25,302		23.096917		584,398	0.00	%	38.50	%
2008	0.00	%	25,628		16.676466		427,384	0.00	%	-46.03	%
2007	0.00	%	34,604		30.901881		1,069,329	0.00	%	33.22	%
2006	0.00	%	13,530		23.196806		313,853	0.00	%	11.93	%
2005	0.00	%	14,022		20.725001		290,606	0.02	%	38.54	%
Variable Trust: Energy Services Fund (RESF)
2009	0.00	%	17,721		21.626679		383,246	0.00	%	62.42	%
2008	0.00	%	25,844		13.315356		344,123	0.00	%	-57.60	%
2007	0.00	%	34,200		31.405533		1,074,069	0.00	%	37.10	%
2006	0.00	%	8,584		22.907246		196,636	0.00	%	10.98	%
2005	0.00	%	15,384		20.640855		317,539	0.00	%	48.30	%
Variable Trust: Europe 1.25x Strategy Fund (RLCE)
2009	0.00	%	33,190		14.164397		470,116	2.31	%	35.65	%
2008	0.00	%	18,240		10.441772		190,458	0.42	%	-54.86	%
2007	0.00	%	52,820		23.131559		1,221,809	2.46	%	13.06	%
2006	0.00	%	47,634		20.459178		974,552	3.26	%	29.51	%
2005	0.00	%	11,096		15.797477		175,289	0.69	%	6.36	%

(Continued)

43

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
Variable Trust: Financial Services Fund (RFSF)
2009	0.00	%	10,023		7.874150		78,923	2.29	%	19.68	%
2008	0.00	%	21,952		6.579123		144,426	0.00	%	-48.04	%
2007	0.00	%	7,612		12.662369		96,386	1.72	%	-18.80	%
2006	0.00	%	9,832		15.594448		153,325	1.39	%	16.73	%
2005	0.00	%	3,668		13.359373		49,002	1.03	%	3.38	%
Variable Trust: Government Long Bond 1.2x Strategy Fund (RUGB)
2009	0.00	%	22,432		12.770863		286,476	1.92	%	-31.54	%
2008	0.00	%	56,096		18.655020		1,046,472	2.48	%	44.82	%
2007	0.00	%	35,794		12.881083		461,065	8.75	%	9.74	%
2006	0.00	%	11,224		11.738115		131,749	4.62	%	-3.15	%
2005	0.00	%	57,198		12.119946		693,237	4.23	%	7.69	%
Variable Trust: Health Care Fund (RHCF)
2009	0.00	%	13,761		13.121974		180,571	0.00	%	24.65	%
2008	0.00	%	28,141		10.527344		296,250	0.00	%	-24.86	%
2007	0.00	%	15,064		14.009933		211,046	0.00	%	6.02	%
2006	0.00	%	29,212		13.213853		386,003	0.00	%	5.11	%
2005	0.00	%	12,090		12.571123		151,985	0.00	%	10.64	%
Variable Trust: Internet Fund (RINF)
2009	0.00	%	1,840		14.533743		26,742	0.00	%	65.85	%
2008	0.00	%	2,828		8.762996		24,782	0.00	%	-44.87	%
2007	0.00	%	4,208		15.896277		66,892	0.00	%	10.39	%
2006	0.00	%	12,320		14.400151		177,410	0.00	%	9.70	%
2005	0.00	%	10,806		13.126669		141,847	0.00	%	-1.38	%
Variable Trust: Inverse Dow 2x Strategy Fund (RVIDD)
2009	0.00	%	29,170		5.703055		166,358	0.00	%	-44.65	%
2008	0.00	%	19,225		10.303693		198,088	0.07	%	60.84	%
2007	0.00	%	202,906		6.406198		1,299,856	0.65	%	-8.99	%
2006	0.00	%	18,194		7.038825		128,064	1.53	%	-21.77	%
2005	0.00	%	9,932		8.997359		89,362	1.51	%	1.63	%
Variable Trust: Inverse Government Long Bond Strategy Fund (RJNF)
2009	0.00	%	18,408	$	6.727068	$	123,832	0.00	%	19.41	%
2008	0.00	%	64,889		5.633507		365,553	0.41	%	-30.21	%
2007	0.00	%	20,956		8.071965		169,156	5.19	%	-4.51	%
2006	0.00	%	100,194		8.453350		846,975	4.68	%	8.11	%
2005	0.00	%	18,996		7.819540		148,540	0.00	%	-5.24	%
Variable Trust: Inverse Mid-Cap Strategy Fund (RVIMC)
2009	0.00	%	169,355		6.632508		1,123,248	0.00	%	-35.28	%
2008	0.00	%	5,867		10.247647		60,123	0.22	%	34.42	%
2007	0.00	%	20,476		7.623663		156,102	3.24	%	-1.98	%
2006	0.00	%	22,088		7.778040		171,801	0.77	%	-3.83	%
2005	0.00	%	1,968		8.087487		15,916	0.37	%	-8.16	%
Variable Trust: Inverse NASDAQ-100(R) Strategy Fund (RAF)
2009	0.00	%	7,045		6.311386		44,464	0.01	%	-40.08	%
2008	0.00	%	13,360		10.532667		140,716	0.07	%	48.02	%
2007	0.00	%	43,324		7.115591		308,276	2.13	%	-11.28	%
2006	0.00	%	42,542		8.020429		341,205	3.46	%	-1.40	%
2005	0.00	%	30,592		8.134507		248,851	0.00	%	1.27	%
Variable Trust: Inverse Russell 2000(R) Strategy Fund (RVISC)
2009	0.00	%	20,984		6.448641		135,318	0.00	%	-32.86	%
2008	0.00	%	194,213		9.604362		1,865,292	0.84	%	24.69	%
2007	0.00	%	33,112		7.702478		255,044	3.78	%	5.37	%
2006	0.00	%	31,834		7.310059		232,708	1.74	%	-11.95	%
2005	0.00	%	9,506		8.302632		78,925	0.79	%	-3.05	%
Variable Trust: Inverse S&P 500 Strategy Fund (RUF)
2009	0.00	%	31,555		7.666947		241,931	0.00	%	-27.55	%
2008	0.00	%	40,032		10.582340		423,632	0.17	%	39.25	%
2007	0.00	%	60,634		7.599743		460,803	2.23	%	0.83	%
2006	0.00	%	100,746		7.537297		759,353	7.68	%	-7.50	%
2005	0.00	%	85,596		8.148729		697,499	0.00	%	-0.77	%
Variable Trust: Japan 2x Strategy Fund (RLCJ)
2009	0.00	%	17,004		11.139540		189,417	0.62	%	23.68	%
2008	0.00	%	12,134		9.007103		109,292	0.54	%	-32.97	%
2007	0.00	%	16,262		13.438383		218,535	1.89	%	-11.23	%
2006	0.00	%	57,286		15.138532		867,226	4.87	%	5.14	%
2005	0.00	%	33,996		14.398959		489,507	0.00	%	20.35	%

(Continued)

44

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
Variable Trust: Leisure Fund (RLF)
2009	0.00	%	4,926		10.983316		54,104	0.00	%	36.72	%
2008	0.00	%	451		8.033169		3,623	0.00	%	-49.09	%
2007	0.00	%	1,742		15.779861		27,489	0.00	%	-2.54	%
2006	0.00	%	16,964		16.190743		274,660	0.00	%	23.47	%
2005	0.00	%	140		13.113391		1,836	0.00	%	-4.87	%
Variable Trust: Mid-Cap 1.5x Strategy Fund (RMED)
2009	0.00	%	44,146		12.532015		553,238	0.09	%	52.40	%
2008	0.00	%	31,809		8.223375		261,577	0.00	%	-54.83	%
2007	0.00	%	29,858		18.207116		543,628	1.40	%	3.60	%
2006	0.00	%	39,476		17.575073		693,794	0.32	%	10.46	%
2005	0.00	%	47,902		15.910246		762,133	0.00	%	14.07	%
Variable Trust: Multi-Cap Core Equity Fund (RVCEQ)
2009	0.00	%	4,656		7.787403		36,258	0.00	%	26.98	%
2008	0.00	%	3,055		6.132847		18,736	5.09	%	-38.96	%
2007	0.00	%	2,278		10.048001		22,889	0.40	%	-5.26	%
2006	0.00	%	1,818		10.606110		19,282	0.05	%	6.06	%	5/1/2006
Variable Trust: Multi-Hedge Strategies Fund (RVARS)
2009	0.00	%	43,872		8.404584		368,726	1.37	%	-3.28	%
2008	0.00	%	14,173		8.689885		123,162	0.33	%	-18.72	%
2007	0.00	%	25,526		10.691335		272,907	2.15	%	3.84	%
2006	0.00	%	34,066		10.296439		350,758	1.53	%	2.96	%	5/1/2006
Variable Trust: NASDAQ-100(R) 2x Strategy Fund (RVF)
2009	0.00	%	234,893	$	10.021130	$	2,353,893	0.00	%	117.80	%
2008	0.00	%	63,731		4.600967		293,224	0.04	%	-72.60	%
2007	0.00	%	180,778		16.790237		3,035,305	0.39	%	28.20	%
2006	0.00	%	96,492		13.096608		1,263,718	0.08	%	4.86	%
2005	0.00	%	146,814		12.489256		1,833,598	0.00	%	-3.03	%
Variable Trust: NASDAQ-100(R) Fund (ROF)
2009	0.00	%	98,137		12.995293		1,275,319	0.00	%	52.00	%
2008	0.00	%	147,663		8.549537		1,262,450	0.03	%	-41.91	%
2007	0.00	%	316,054		14.718309		4,651,780	0.06	%	17.82	%
2006	0.00	%	85,150		12.491870		1,063,683	0.00	%	5.77	%
2005	0.00	%	192,028		11.810054		2,267,861	0.00	%	1.11	%
Variable Trust: Nova Fund (RNF)
2009	0.00	%	40,801		10.052347		410,146	1.16	%	35.51	%
2008	0.00	%	24,503		7.418303		181,771	0.24	%	-54.47	%
2007	0.00	%	44,842		16.294539		730,680	1.59	%	1.13	%
2006	0.00	%	37,858		16.113126		610,011	1.45	%	19.27	%
2005	0.00	%	39,642		13.509344		535,537	0.27	%	3.97	%
Variable Trust: Precious Metals Fund (RPMF)
2009	0.00	%	77,742		17.109193		1,330,103	0.00	%	49.24	%
2008	0.00	%	120,975		11.464027		1,386,861	0.00	%	-38.56	%
2007	0.00	%	98,254		18.660048		1,833,424	0.00	%	19.55	%
2006	0.00	%	74,170		15.607933		1,157,640	0.00	%	21.43	%
2005	0.00	%	28,740		12.853586		369,412	0.00	%	20.89	%
Variable Trust: Real Estate Fund (RREF)
2009	0.00	%	17,884		11.893825		212,709	3.26	%	25.27	%
2008	0.00	%	23,348		9.494752		221,683	0.72	%	-41.64	%
2007	0.00	%	8,272		16.268963		134,577	1.30	%	-19.12	%
2006	0.00	%	22,910		20.114577		460,825	2.34	%	30.72	%
2005	0.00	%	7,876		15.387085		121,189	1.68	%	7.15	%
Variable Trust: Retailing Fund (RRF)
2009	0.00	%	7,109		10.881002		77,353	0.00	%	44.22	%
2008	0.00	%	2,887		7.544562		21,781	0.00	%	-32.95	%
2007	0.00	%	152		11.251641		1,710	0.00	%	-12.60	%
2006	0.00	%	1,530		12.873816		19,697	0.00	%	10.08	%
2005	0.00	%	1,402		11.695368		16,397	0.00	%	5.48	%
Variable Trust: Russell 2000(R) 1.5x Strategy Fund (RMEK)
2009	0.00	%	143,052		10.852768		1,552,510	0.00	%	33.31	%
2008	0.00	%	28,290		8.140814		230,304	0.06	%	-51.36	%
2007	0.00	%	32,980		16.738584		552,039	1.48	%	-6.74	%
2006	0.00	%	230,052		17.947904		4,128,951	0.53	%	20.85	%
2005	0.00	%	123,690		14.851425		1,836,973	4.59	%	3.92	%

(Continued)

45

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value		Contract Owners’ Equity		Investment Income Ratio***		Total Return****		Inception Date*
Variable Trust: S&P 500 2x Strategy Fund (RTF)
2009	0.00	%	192,146		8.340509		1,602,595	0.81	%	46.38	%
2008	0.00	%	30,314		5.697971		172,728	0.00	%	-67.98	%
2007	0.00	%	90,754		17.796913		1,615,141	1.40	%	0.61	%
2006	0.00	%	38,340		17.688405		678,173	1.33	%	23.70	%
2005	0.00	%	24,328		14.299570		347,880	0.08	%	3.38	%
Variable Trust: S&P 500 Pure Growth Fund (RVLCG)
2009	0.00	%	32,661	$	10.396588	$	339,563	0.00	%	47.24	%
2008	0.00	%	36,824		7.061111		260,018	0.00	%	-39.82	%
2007	0.00	%	25,586		11.734222		300,232	0.00	%	4.91	%
2006	0.00	%	60,544		11.184753		677,170	0.00	%	5.40	%
2005	0.00	%	20,598		10.611331		218,572	0.15	%	1.77	%
Variable Trust: S&P 500 Pure Value Fund (RVLCV)
2009	0.00	%	24,930		10.134944		252,664	2.48	%	51.26	%
2008	0.00	%	7,606		6.700509		50,964	0.90	%	-48.65	%
2007	0.00	%	10,646		13.049584		138,926	0.66	%	-5.37	%
2006	0.00	%	29,590		13.789694		408,037	0.55	%	17.66	%
2005	0.00	%	4,670		11.719808		54,732	0.37	%	4.19	%
Variable Trust: S&P MidCap 400 Pure Growth Fund (RVMCG)
2009	0.00	%	29,948		13.547085		405,708	0.00	%	56.82	%
2008	0.00	%	22,604		8.638795		195,271	0.00	%	-36.14	%
2007	0.00	%	46,060		13.528764		623,135	0.00	%	8.45	%
2006	0.00	%	39,714		12.474351		495,406	0.00	%	3.13	%
2005	0.00	%	31,840		12.096000		385,137	0.00	%	11.46	%
Variable Trust: S&P MidCap 400 Pure Value Fund (RVMCV)
2009	0.00	%	43,407		12.166397		528,107	1.51	%	55.25	%
2008	0.00	%	12,832		7.836481		100,557	0.00	%	-43.63	%
2007	0.00	%	8,884		13.901532		123,501	1.19	%	-4.85	%
2006	0.00	%	22,946		14.609575		335,231	1.45	%	17.08	%
2005	0.00	%	2,706		12.478766		33,768	0.18	%	8.32	%
Variable Trust: S&P SmallCap 600 Pure Growth Fund (RVSCG)
2009	0.00	%	22,776		11.646893		265,270	0.00	%	33.97	%
2008	0.00	%	7,515		8.693613		65,333	0.00	%	-34.32	%
2007	0.00	%	6,010		13.235997		79,548	0.00	%	-0.11	%
2006	0.00	%	39,338		13.250290		521,240	0.00	%	7.73	%
2005	0.00	%	20,828		12.299413		256,172	0.00	%	6.20	%
Variable Trust: S&P SmallCap 600 Pure Value Fund (RVSCV)
2009	0.00	%	19,640		10.647792		209,123	2.07	%	62.27	%
2008	0.00	%	16,432		6.561795		107,823	1.09	%	-43.50	%
2007	0.00	%	5,192		11.613051		60,295	0.36	%	-20.36	%
2006	0.00	%	16,374		14.581618		238,759	0.91	%	19.21	%
2005	0.00	%	7,718		12.232292		94,409	0.00	%	3.64	%
Variable Trust: Strengthening Dollar 2x Strategy Fund (RVSDL)
2009	0.00	%	22,977		7.803674		179,305	0.00	%	-15.84	%
2008	0.00	%	10,248		9.272246		95,022	0.00	%	5.56	%
2007	0.00	%	8,566		8.783542		75,240	0.00	%	-10.89	%
2006	0.00	%	788		9.856941		7,767	0.89	%	-1.43	%	5/1/2006
Variable Trust: Technology Fund (RTEC)
2009	0.00	%	16,853		10.974406		184,952	0.00	%	55.60	%
2008	0.00	%	6,064		7.052840		42,768	0.00	%	-45.41	%
2007	0.00	%	22,122		12.919655		285,809	0.00	%	10.38	%
2006	0.00	%	9,496		11.704717		111,148	0.00	%	5.89	%
2005	0.00	%	13,002		11.053572		143,719	0.00	%	3.11	%
Variable Trust: Telecommunications Fund (RTEL)
2009	0.00	%	1,756		11.579354		20,333	0.28	%	28.68	%
2008	0.00	%	10,244		8.998273		92,178	0.47	%	-45.34	%
2007	0.00	%	9,704		16.461176		159,739	0.12	%	9.23	%
2006	0.00	%	14,842		15.070863		223,682	1.75	%	19.51	%
2005	0.00	%	3,024		12.610236		38,133	0.00	%	1.16	%
Variable Trust: Transportation Fund (RTRF)
2009	0.00	%	10,728	$	12.228150	$	131,184	0.62	%	17.39	%
2008	0.00	%	11,708		10.416860		121,961	0.00	%	-25.26	%
2007	0.00	%	4,146		13.937206		57,784	0.00	%	-8.75	%
2006	0.00	%	9,154		15.274190		139,820	0.00	%	7.38	%
2005	0.00	%	9,142		14.223953		130,035	0.00	%	8.48	%

(Continued)

46

NATIONWIDE VLI SEPARATE ACCOUNT-6 NOTES TO FINANCIAL STATEMENTS

	Contract Expense Rate**		Units	Unit Fair Value	Contract Owners’ Equity	Investment Income Ratio***			Total Return****		Inception Date*
Variable Trust: Utilities Fund (RUTL)
2009	0.00	%	9,411	15.426213	145,176		5.41	%	13.80	%
2008	0.00	%	9,772	13.556034	132,469		0.25	%	-29.57	%
2007	0.00	%	13,404	19.248677	258,009		1.13	%	12.86	%
2006	0.00	%	28,552	17.054864	486,950		3.40	%	20.96	%
2005	0.00	%	9,710	14.099167	136,903		0.64	%	10.56	%
Variable Trust: Weakening Dollar 2x Strategy Fund (RVWDL)
2009	0.00	%	12,129	11.583505	140,496		0.04	%	6.61	%
2008	0.00	%	60,277	10.865629	654,948		0.00	%	-12.24	%
2007	0.00	%	45,758	12.380762	566,519		20.29	%	18.12	%
2006	0.00	%	20,884	10.481591	218,898		4.51	%	4.82	%	5/1/2006
NVIT Mid Cap Growth Fund - Class I (obsolete) (SGRF)
2008	0.00	%	239	8.721409	2,084		0.00	%	-46.11	%
2007	0.00	%	262	16.184105	4,240		0.00	%	9.01	%
2006	0.00	%	282	14.845789	4,187		0.00	%	9.91	%
2005	0.00	%	356	13.507474	4,809		0.00	%	9.74	%
NVIT Mid Cap Growth Fund - Class III (obsolete) (SGRF3)
2008	0.00	%	2,358	7.574446	17,861		0.00	%	-46.10	%
2007	0.00	%	1,992	14.052648	27,993		0.00	%	8.97	%
2006	0.00	%	1,470	12.895981	18,957		0.00	%	9.93	%
2005	0.00	%	1,624	11.730689	19,051		0.00	%	17.31	%	5/2/2005
NVIT Money Market Fund - Class II (NVMM2)
2009	0.00	%	2,571,518	10.000000	25,715,180		0.00	%	0.00	%	12/11/2009
NVIT Money Market Fund II (obsolete) (SAM2)
2008	0.00	%	3,034,772	11.286810	34,252,895		1.16	%	1.24	%
2007	0.00	%	1,962,104	11.148704	21,874,917		3.81	%	4.25	%
2006	0.00	%	2,220,642	10.693892	23,747,306		4.02	%	4.11	%
2005	0.00	%	1,663,006	10.272104	17,082,571		2.50	%	2.26	%
Variable Trust: Hedged Equity Fund (obsolete) (RVHEQ)
2008	0.00	%	12,746	8.029164	102,340		0.89	%	-23.84	%
2007	0.00	%	24,228	10.542773	255,430		3.57	%	3.16	%
2006	0.00	%	18,870	10.220049	192,852		2.17	%	2.20	%	5/1/2006
2009	Contract owners equity:					$	55,248,594
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

* 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.

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

*** This represents the dividends for the period indicated, excluding distributions of capital gains, received by the subaccount from the underlying mutual fund, net of management fees assessed by the fund manager, divided by average net assets. The ratios exclude those expenses, 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. 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.

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, 2009, 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, 2009, 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, 2009, and the results of their operations, changes in contract owners’ equity, and financial highlights for each of the periods indicated herein, in conformity with U.S. generally accepted accounting principles.

/s/    KPMG LLP

Columbus, Ohio

March 10, 2010

48