NSAR-U 1 fbvl.txt FORM N-SAR SEMI-ANNUAL REPORT FOR REGISTERED INVESTMENT COMPANIES Registrant Name Farm Bureau Life Variable Account File Number 811-5068 Registrant CIK Number 0000811713 Report as of the end of semiannual period: / / (a) or fiscal year ending: 12/31/09 (b) Is this a transition report? (Y/N): N Is this form being completed by the registrant? (Y/N): Y Is this an amendment to a previous filing? (Y/N): N Is this a change to a previous filing? (Y/N): N 1.A) Registrant Name: Farm Bureau Life Variable Account B) File Number: 811-5068 C) Telephone Number: 515-225-5400 2.A) Street: 5400 University Avenue B) City: West Des Moines C) State: IA D) Zip Code: 50266-5997 E) Foreign Country Foreign Postal Code 3. Is this the first filing on this form by the Registrant? (Y/N) N 4. Is this the last filing on this form by the Registrant? (Y/N) N 5. Is Registrant a small business investment company (SBIC)? (Y/N) N 6. Is Registrant a unit investment trust (UIT)? (Y/N) Y 7.A) Is Registrant a series or multiple portfolio company? (Y/N) N B) How many separate series or portfolios did Registrant have at the end of the period? N/A UNIT INVESTMENT TRUSTS 111.A) Depositor Name: Farm Bureau Life Insurance Company B) File Number (If any): N/A C) City: West Des Moines State: IA Zip Code: 50266-5997 Foreign Country Foreign Postal Code 112.A) Sponsor Name: N/A B) File Number (If any): C) City: State: Zip Code: Foreign Country Foreign Postal Code 113.A) Trustee Name: N/A B) City: State: Zip Code: Foreign Country Foreign Postal Code 114.A) Principal Underwriter Name: EquiTrust Marketing Services, LLC B) File Number: 8-15855 C) City: West Des Moines State: IA Zip Code: 50266-5997 Foreign Country Foreign Postal Code 115.A) Independent Public Accountant Name: Ernst & Young LLP B) City: Des Moines State: IA Zip Code: 50309-2764 Foreign Country Foreign Postal Code 116. Family of investment companies information: A) Is Registrant part of a family of investment companies? (Y/N) Y B) Identify the family in 10 letters: FBL-VA/VUL 117.A) Is Registrant a separate account of an insurance company? (Y/N) Y If answer is Y (Yes), are any of the following types of contracts funded by the Registrant?: B) Variable annuity contracts? (Y/N) N C) Scheduled premium variable life contracts? (Y/N) N D) Flexible premium variable life contracts? (Y/N) Y E) Other types of insurance products registered under the Securities Act of 1933? (Y/N) N 118. State the number of series existing at the end of the period that had securities registered under the Securities Act of 1933: 1 119. State the number of new series for which registration statements under the Securities Act of 1933 became effective during the period: 0 120. State the total value of the portfolio securities on the date of deposit for the new series included in item 119 ($000s omitted): 0 121. State the number of series for which a current prospectus was in existence at the end of the period: 1 122. State the number of existing series for which additional units were registered under the Securities Act of 1933 during the current period: 0 123. State the total value of the additional units considered in answering item 122 ($000s omitted): $ 0 124. State the total value of units of prior series that were placed in the portfolios of subsequent series during the current period (the value of these units is to be measured on the date they were placed in the subsequent series) ($000s omitted) $ 0 125. State the total dollar amount of sales loads collected (before reallowances to other brokers or dealers) by Registrants principal underwriter and any underwriter which is an affiliated person of the principal underwriter during the current period solely from the sale of units of all series of Registrant ($000s omitted) $ 0 126. Of the amount shown in item 125, state the total dollar amount of sales loads collected from secondary market operations in Registrants units (include the sales loads, if any, collected on units of a prior series placed in the portfolio of a subsequent series) ($000s omitted) $ 0 127. List opposite the appropriate description below the number of series whose portfolios are invested primarily (based upon a percentage of NAV) in each type of security shown, the aggregate total assets at market value as of a date at or near the end of the current period of each such group of series and the total income distributions made by each such group of series during the current period (excluding distributions of realized gains, if any): # of Series Total Assets Total Income Investing ($000s omitted) Distributions ($000s omitted) A. US Treasury direct issue B. US Government agency C. State and municipal tax-free D. Public utility debt E. Brokers or dealers debt or debt of brokers' or dealers' parent F. All other corporate interm & long- term debt G. All other corporate short-term debt H. Equity securities of brokers or dealers or parents of brokers or dealers I. Investment company equity securities J. All other equity securities 1 239,257 0 K. Other securities L. Total assets of all series of registrant 1 239,257 0 128. Is the timely payment of principal and interest on any of the portfolio securities held by any of Registrants series at the end of the current period insured or guaranteed by an entity other than the issuer? (Y/N) N [If answer is N (No), go to item 131.] 129. Is the issuer of any instrument covered in item 128 delinquent or in default as to payment of principal or interest at the end of the current period? (Y/N) N/A [If answer is N (No), go to item 131.) 130. In computations of NAV or offering price per unit, is any part of the value attributed to instruments identified in item 129 derived from insurance or guarantees? (Y/N) N/A 131. Total expenses incurred by all series of Registrant during the current reporting period ($000s omitted) $ 1,850 132. List the 811 (Investment Company Act of 1940) registration number for all series of Registrant that are being included in this filing: None