FINANCIAL STATEMENTS

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Years Ended December 31, 2024 and 2023

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Financial Statements

Years Ended December 31, 2024 and 2023

Contents

Report of Independent Registered Public Accounting Firm	1
Financial Statements	1
Statements of Assets and Liabilities	11
Statements of Operations and Changes in Net Assets	19
Notes to Financial Statements	56

      Ernst & Young LLP 155 North Wacker Drive Chicago, IL 60606-1787 Tel: +1 312 879 2000 Fax: +1 312 879 4000 ey.com

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Transamerica Financial Life Insurance Company and

Contract Owners of Separate Account VA BNY

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of each of the subaccounts listed in the table below that comprise Separate Account VA BNY (the Separate Account), as of December 31, 2024, the related statements of operations and changes in net assets for each of the periods indicated in the table below, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each subaccount as of December 31, 2024, the results of its operations and changes in its net assets for each of the periods indicated in the table below, in conformity with U.S. generally accepted accounting principles.

Subaccounts
AB Balanced Hedged Allocation Class B Shares (1)	TA BlackRock iShares Edge 50 Service Class (1)
AB Large Cap Growth Class B Shares (1)	TA BlackRock iShares Edge 75 Service Class (1)
AB Relative Value Class B Shares (1)	TA BlackRock iShares Tactical - Balanced Service Class (1)
American Funds - Asset Allocation Class 2 Shares (1)	TA BlackRock iShares Tactical - Conservative Service Class (1)
American Funds - Asset Allocation Class 4 Shares (1)	TA BlackRock iShares Tactical - Growth Service Class (1)
American Funds - Growth Class 2 Shares (1)	TA BlackRock Real Estate Securities Initial Class (1)
American Funds - Growth Class 4 Shares (1)	TA BlackRock Real Estate Securities Service Class (1)

1

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American Funds - Growth-Income Class 2 Shares (1)	TA BlackRock Tactical Allocation Service Class (1)
American Funds - Growth-Income Class 4 Shares (1)	TA Goldman Sachs 70/30 Service Class (1)
American Funds - International Class 2 Shares (1)	TA Goldman Sachs Managed Risk - Balanced ETF Service Class (1)
American Funds - International Class 4 Shares (1)	TA Goldman Sachs Managed Risk - Conservative ETF Service Class (1)
American Funds - New World Class 4 Shares (1)	TA Goldman Sachs Managed Risk - Growth ETF Service Class (1)
American Funds - The Bond Fund of America Class 2 Shares (1)	TA Great Lakes Advisors Large Cap Value Service Class (1)
American Funds - The Bond Fund of America Class 4 Shares (1)	TA International Focus Initial Class (1)
Dimensional VA Equity Allocation (1)	TA International Focus Service Class (1)
Dimensional VA Global Bond (1)	TA Janus Balanced Service Class (1)
Dimensional VA Global Moderate Allocation (1)	TA Janus Mid-Cap Growth Initial Class (1)
Dimensional VA International Small (1)	TA Janus Mid-Cap Growth Service Class (1)
Dimensional VA International Value (1)	TA JPMorgan Asset Allocation - Conservative Initial Class (1)
Dimensional VA Short-Term Fixed (1)	TA JPMorgan Asset Allocation - Conservative Service Class (1)
Dimensional VA U.S. Large Value (1)	TA JPMorgan Asset Allocation - Growth Initial Class (1)
Dimensional VA U.S. Targeted Value (1)	TA JPMorgan Asset Allocation - Growth Service Class (1)
Fidelity® VIP Balanced Service Class 2 (1)	TA JPMorgan Asset Allocation - Moderate Initial Class (1)
Fidelity® VIP Consumer Staples Initial Class (1)	TA JPMorgan Asset Allocation - Moderate Service Class (1)
Fidelity® VIP Contrafund® Initial Class (1)	TA JPMorgan Asset Allocation - Moderate Growth Initial Class (1)

2

      Ernst & Young LLP 155 North Wacker Drive Chicago, IL 60606-1787 Tel: +1 312 879 2000 Fax: +1 312 879 4000 ey.com

Fidelity® VIP Contrafund® Service Class 2 (1)	TA JPMorgan Asset Allocation - Moderate Growth Service Class (1)
Fidelity® VIP Energy Service Class 2 (1)	TA JPMorgan Enhanced Index Initial Class (1)
Fidelity® VIP Equity-Income Service Class 2 (1)	TA JPMorgan Enhanced Index Service Class (1)
Fidelity® VIP Growth Service Class 2 (1)	TA JPMorgan International Moderate Growth Service Class (1)
Fidelity® VIP Growth Opportunities Service Class 2 (1)	TA JPMorgan Tactical Allocation Service Class (1)
Fidelity® VIP Health Care Service Class 2 (1)	TA Madison Diversified Income Service Class (1)
Fidelity® VIP Mid Cap Initial Class (1)	TA Market Participation Strategy Service Class (1)
Fidelity® VIP Mid Cap Service Class 2 (1)	TA Morgan Stanley Global Allocation Service Class (1)
Fidelity® VIP Technology Initial Class (1)	TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class (1)
Fidelity® VIP Utilities Initial Class (1)	TA MSCI EAFE Index Service Class (1)
Fidelity® VIP Value Strategies Initial Class (1)	TA Multi-Managed Balanced Initial Class (1)
Fidelity® VIP Value Strategies Service Class 2 (1)	TA Multi-Managed Balanced Service Class (1)
Franklin Allocation Class 4 Shares (1)	TA PineBridge Inflation Opportunities Service Class (1)
Franklin Income Class 2 Shares (1)	TA ProFunds UltraBear Service Class (OAM) (1)
Franklin Mutual Shares Class 2 Shares (1)	TA S&P 500 Index Initial Class (1)
Franklin Templeton Foreign Class 2 Shares (1)	TA S&P 500 Index Service Class (1)
Invesco V.I. American Franchise Series II Shares (1)	TA Small/Mid Cap Value Initial Class (1)
Janus Henderson - Enterprise Service Shares (1)	TA Small/Mid Cap Value Service Class (1)
Janus Henderson - Global Research Service Shares (1)	TA T. Rowe Price Small Cap Initial Class (1)
Janus Henderson - Mid Cap Value Service Shares (1)	TA T. Rowe Price Small Cap Service Class (1)
LVIP JPMorgan Core Bond Standard Shares (1)	TA TSW International Equity Initial Class (1)

3

      Ernst & Young LLP 155 North Wacker Drive Chicago, IL 60606-1787 Tel: +1 312 879 2000 Fax: +1 312 879 4000 ey.com

LVIP JPMorgan Mid Cap Value Standard Shares (1)	TA TSW International Equity Service Class (1)
LVIP JPMorgan Small Cap Core Standard Shares (1)	TA TSW Mid Cap Value Opportunities Service Class (1)
LVIP JPMorgan U.S. Equity Standard Shares (1)	TA WMC US Growth Initial Class (1)
MFS® New Discovery Service Class (1)	TA WMC US Growth Service Class (1)
MFS® Total Return Service Class (1)	Vanguard® Balanced (1)
State Street Total Return V.I.S. Class 3 Shares (1)	Vanguard® Capital Growth (1)
TA 60/40 Allocation Service Class (1)	Vanguard® Conservative Allocation (1)
TA Aegon Bond Initial Class (1)	Vanguard® Diversified Value (1)
TA Aegon Bond Service Class (1)	Vanguard® Equity Income (1)
TA Aegon Core Bond Service Class (1)	Vanguard® Equity Index (1)
TA Aegon High Yield Bond Initial Class (1)	Vanguard® Global Bond Index (1)
TA Aegon High Yield Bond Service Class (1)	Vanguard® Growth (1)
TA Aegon Sustainable Equity Income Initial Class (1)	Vanguard® High Yield Bond (1)
TA Aegon Sustainable Equity Income Service Class (1)	Vanguard® International (1)
TA Aegon U.S. Government Securities Initial Class (1)	Vanguard® Mid-Cap Index (1)
TA Aegon U.S. Government Securities Service Class (1)	Vanguard® Moderate Allocation (1)
TA American Funds Managed Risk - Balanced Service Class (1)	Vanguard® Money Market (1)
TA BlackRock Government Money Market Initial Class (1)	Vanguard® Real Estate Index (1)
TA BlackRock Government Money Market Service Class (1)	Vanguard® Short-Term Investment Grade (1)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class (1)	Vanguard® Total Bond Market Index (1)

4

      Ernst & Young LLP 155 North Wacker Drive Chicago, IL 60606-1787 Tel: +1 312 879 2000 Fax: +1 312 879 4000 ey.com

TA BlackRock iShares Active Asset Allocation - Moderate Service Class (1)	Vanguard® Total International Stock Market Index (1)
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class (1)	Vanguard® Total Stock Market Index (1)
TA BlackRock iShares Dynamic Allocation - Balanced Service Class (1)	Voya Global Perspectives Class S Shares (1)
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class (1)	Voya Large Cap Value Class S Shares (1)
TA BlackRock iShares Edge 100 Service Class (1)	Wanger Acorn (1)
TA BlackRock iShares Edge 40 Initial Class (1)	Wanger International (1)
TA BlackRock iShares Edge 40 Service Class (1)
(1) Statements of operations and changes in net assets for the year ended December 31, 2024

Basis for Opinion

These financial statements are the responsibility of the Separate Account’s management. Our responsibility is to express an opinion on each of the subaccounts’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Separate Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2024, by correspondence with the fund companies or their transfer agents, as applicable. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Ernst & Young LLP

5

      Ernst & Young LLP 155 North Wacker Drive Chicago, IL 60606-1787 Tel: +1 312 879 2000 Fax: +1 312 879 4000 ey.com

We have served as the auditor of the Separate Account since 2024.

Chicago, IL

April 18, 2025

6

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Transamerica Financial Life Insurance Company and the Contract Owners of Separate Account VA BNY

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities of each of the subaccounts of Separate Account VA BNY indicated in the table below as of December 31, 2023, and the related statements of operations and changes in net assets for each of the periods indicated in the table below, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the subaccounts of Separate Account VA BNY as of December 31, 2023, and the results of each of their operations and the changes in each of their net assets for the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.

AB Balanced Hedged Allocation Class B Shares (1)	TA BlackRock iShares Edge 75 Service Class (1)
AB Large Cap Growth Class B Shares (1)	TA BlackRock Real Estate Securities Initial Class (1)
AB Relative Value Class B Shares (1)	TA BlackRock Real Estate Securities Service Class (1)
American Funds - Asset Allocation Class 2 Shares (1)	TA BlackRock Tactical Allocation Service Class (1)
American Funds - Asset Allocation Class 4 Shares (1)	TA Goldman Sachs 70/30 Service Class (1)
American Funds - Growth Class 2 Shares (1)	TA Goldman Sachs Managed Risk - Balanced ETF Service Class (1)
American Funds - Growth Class 4 Shares (1)	TA Goldman Sachs Managed Risk - Conservative ETF Service Class (1)
American Funds - Growth-Income Class 2 Shares (1)	TA Goldman Sachs Managed Risk - Growth ETF Service Class (1)
American Funds - Growth-Income Class 4 Shares (1)	TA Great Lakes Advisors Large Cap Value Service Class (1)
American Funds - International Class 2 Shares (1)	TA International Focus Initial Class (1)
American Funds - International Class 4 Shares (1)	TA International Focus Service Class (1)
American Funds - New World Class 4 Shares (1)	TA Janus Balanced Service Class (1)
American Funds - The Bond Fund of America Class 2 Shares (1)	TA Janus Mid-Cap Growth Initial Class (1)
American Funds - The Bond Fund of America Class 4 Shares (1)	TA Janus Mid-Cap Growth Service Class (1)
DFA VA Equity Allocation (1)	TA JPMorgan Asset Allocation - Conservative Initial Class (1)
DFA VA Global Bond (1)	TA JPMorgan Asset Allocation - Conservative Service Class (1)
DFA VA Global Moderate Allocation (1)	TA JPMorgan Asset Allocation - Growth Initial Class (1)
DFA VA International Small (1)	TA JPMorgan Asset Allocation - Growth Service Class (1)

7

DFA VA International Value (1)	TA JPMorgan Asset Allocation - Moderate Initial Class (1)
DFA VA Short-Term Fixed (1)	TA JPMorgan Asset Allocation - Moderate Service Class (1)
DFA VA U.S. Large Value (1)	TA JPMorgan Asset Allocation - Moderate Growth Initial Class (1)
DFA VA U.S. Targeted Value (1)	TA JPMorgan Asset Allocation - Moderate Growth Service Class (1)
Fidelity® VIP Balanced Service Class 2 (1)	TA JPMorgan Enhanced Index Initial Class (1)
Fidelity® VIP Consumer Staples Initial Class (1)	TA JPMorgan Enhanced Index Service Class (1)
Fidelity® VIP Contrafund® Initial Class (1)	TA JPMorgan International Moderate Growth Service Class (1)
Fidelity® VIP Contrafund® Service Class 2 (1)	TA JPMorgan Mid Cap Value Service Class (1)
Fidelity® VIP Energy Service Class 2 (1)	TA JPMorgan Tactical Allocation Service Class (1)
Fidelity® VIP Equity-Income Service Class 2 (1)	TA Madison Diversified Income Service Class (1)
Fidelity® VIP Growth Service Class 2 (1)	TA Market Participation Strategy Service Class (1)
Fidelity® VIP Growth Opportunities Service Class 2 (1)	TA Morgan Stanley Global Allocation Service Class (1)
Fidelity® VIP Health Care Service Class 2 (1)	TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class (1)
Fidelity® VIP Mid Cap Initial Class (1)	TA MSCI EAFE Index Service Class (1)
Fidelity® VIP Mid Cap Service Class 2 (1)	TA Multi-Managed Balanced Initial Class (1)
Fidelity® VIP Technology Initial Class (1)	TA Multi-Managed Balanced Service Class (1)
Fidelity® VIP Utilities Initial Class (1)	TA PIMCO Tactical - Balanced Service Class (1)
Fidelity® VIP Value Strategies Initial Class (1)	TA PIMCO Tactical - Conservative Service Class (1)
Fidelity® VIP Value Strategies Service Class 2 (1)	TA PIMCO Tactical - Growth Service Class (1)
Franklin Allocation Class 4 Shares (1)	TA PineBridge Inflation Opportunities Service Class (1)
Franklin Income Class 2 Shares (1)	TA ProFunds UltraBear Service Class (OAM) (1)
Franklin Mutual Shares Class 2 Shares (1)	TA S&P 500 Index Initial Class (3)
Franklin Templeton Foreign Class 2 Shares (1)	TA S&P 500 Index Service Class (1)
Invesco V.I. American Franchise Series II Shares (1)	TA Small/Mid Cap Value Initial Class (1)
Janus Henderson - Enterprise Service Shares (1)	TA Small/Mid Cap Value Service Class (1)
Janus Henderson - Global Research Service Shares (1)	TA T. Rowe Price Small Cap Initial Class (1)
Janus Henderson - Mid Cap Value Service Shares (1)	TA T. Rowe Price Small Cap Service Class (1)
LVIP JPMorgan Core Bond Standard Shares (2)	TA TS&W International Equity Initial Class (1)
LVIP JPMorgan Mid Cap Value Standard Shares (2)	TA TS&W International Equity Service Class (1)
LVIP JPMorgan Small Cap Core Standard Shares (2)	TA WMC US Growth Initial Class (1)

8

LVIP JPMorgan U.S. Equity Standard Shares (2)	TA WMC US Growth Service Class (1)
MFS® New Discovery Service Class (1)	Vanguard® Balanced (1)
MFS® Total Return Service Class (1)	Vanguard® Capital Growth (1)
State Street Total Return V.I.S. Class 3 Shares (1)	Vanguard® Conservative Allocation (1)
TA 60/40 Allocation Service Class (1)	Vanguard® Diversified Value (1)
TA Aegon Bond Initial Class (1)	Vanguard® Equity Income (1)
TA Aegon Bond Service Class (1)	Vanguard® Equity Index (1)
TA Aegon Core Bond Service Class (1)	Vanguard® Global Bond Index (1)
TA Aegon High Yield Bond Initial Class (1)	Vanguard® Growth (1)
TA Aegon High Yield Bond Service Class (1)	Vanguard® High Yield Bond (1)
TA Aegon Sustainable Equity Income Initial Class (1)	Vanguard® International (1)
TA Aegon Sustainable Equity Income Service Class (1)	Vanguard® Mid-Cap Index (1)
TA Aegon U.S. Government Securities Initial Class (1)	Vanguard® Moderate Allocation (1)
TA Aegon U.S. Government Securities Service Class (1)	Vanguard® Money Market (1)
TA American Funds Managed Risk - Balanced Service Class (1)	Vanguard® Real Estate Index (1)
TA BlackRock Government Money Market Initial Class (1)	Vanguard® Short-Term Investment Grade (1)
TA BlackRock Government Money Market Service Class (1)	Vanguard® Total Bond Market Index (1)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class (1)	Vanguard® Total International Stock Market Index (1)
TA BlackRock iShares Active Asset Allocation - Moderate Service Class (1)	Vanguard® Total Stock Market Index (1)
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class (1)	Voya Global Perspectives Class S Shares (1)
TA BlackRock iShares Dynamic Allocation - Balanced Service Class (1)	Voya Large Cap Value Class S Shares (1)
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class (1)	Voya Strategic Allocation Conservative Class S Shares (1)
TA BlackRock iShares Edge 100 Service Class (1)	Voya Strategic Allocation Moderate Class S Shares (1)
TA BlackRock iShares Edge 40 Initial Class (1)	Wanger Acorn (1)
TA BlackRock iShares Edge 40 Service Class (1)	Wanger International (1)
TA BlackRock iShares Edge 50 Service Class (1)

	(1)	Statements of operations and changes in net assets for the years ended December 31, 2023 and 2022
	(2)	Statements of operations and changes in net assets for the period April 28, 2023 (commencement of operations) through December 31, 2023
	(3)	Statements of operations and changes in net assets for the year ended December 31, 2023 and the period May 2, 2022 (commencement of operations) through December 31, 2022

9

Basis for Opinions

These financial statements are the responsibility of the Transamerica Financial Life Insurance Company management. Our responsibility is to express an opinion on the financial statements of each of the subaccounts of Separate Account VA BNY based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to each of the subaccounts of Separate Account VA BNY in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of investments owned as of December 31, 2023 by correspondence with the custodian, the transfer agents, or the investee mutual funds. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois

April 19, 2024

We have served as the auditor of one or more of the subaccounts of Separate Account VA BNY since 2014.

10

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values
AB Balanced Hedged Allocation Class B Shares		382,211.927	$	3,677,554	$	3,443,729	$	4	$	3,443,733		701,882	$	2.242569	$	18.224750
AB Large Cap Growth Class B Shares		3,209.014		191,249		255,823		(9)		255,814		38,190		4.894028		33.710392
AB Relative Value Class B Shares		945,010.775		28,464,911		29,172,483		71		29,172,554		2,204,207		2.947588		30.428748
American Funds - Asset Allocation Class 2 Shares		2,063,313.561		48,368,027		52,923,993		(68)		52,923,925		5,296,840		2.770561		24.598933
American Funds - Asset Allocation Class 4 Shares		254,401.268		5,949,006		6,464,336		2		6,464,338		440,458		14.153154		15.393867
American Funds - Growth Class 2 Shares		697,007.945		66,075,667		87,676,629		(23)		87,676,606		2,602,519		6.297869		55.812403
American Funds - Growth Class 4 Shares		263,167.722		24,854,210		32,206,466		1		32,206,467		1,471,869		21.161152		23.015719
American Funds - Growth-Income Class 2 Shares		523,650.420		27,295,630		35,807,216		73		35,807,289		1,726,401		4.333386		39.128351
American Funds - Growth-Income Class 4 Shares		164,008.787		9,432,018		11,011,550		(3)		11,011,547		580,706		18.307638		19.912282
American Funds - International Class 2 Shares		1,153,198.985		21,670,998		20,469,282		(89)		20,469,193		4,037,492		1.339547		15.223313
American Funds - International Class 4 Shares		194,711.495		3,476,255		3,399,663		(3)		3,399,660		278,976		11.741468		12.771178
American Funds - New World Class 4 Shares		44,451.629		1,183,020		1,160,188		(2)		1,160,186		85,563		13.053637		14.198201
American Funds - The Bond Fund of America Class 2 Shares		1,963,621.516		20,123,769		17,908,228		(64)		17,908,164		4,490,813		1.029417		11.164013
American Funds - The Bond Fund of America Class 4 Shares		559,945.108		5,283,665		5,078,702		(1)		5,078,701		561,145		8.718560		9.483312
Dimensional VA Equity Allocation		-		-		-		-		-		-		16.331786		16.496847
Dimensional VA Global Bond		20,291.158		206,204		197,636		-		197,636		20,694		9.214372		10.280890
Dimensional VA Global Moderate Allocation		-		-		-		-		-		-		14.243227		14.387206
Dimensional VA International Small		-		-		-		-		-		-		12.118236		12.240750
Dimensional VA International Value		-		-		-		-		-		-		13.792829		13.932228
Dimensional VA Short-Term Fixed		-		-		-		-		-		-		10.733613		10.842224
Dimensional VA U.S. Large Value		-		-		-		-		-		-		14.681229		14.829645
Dimensional VA U.S. Targeted Value		-		-		-		-		-		-		17.626919		17.805046
Fidelity® VIP Balanced Service Class 2		1,668,354.999		34,268,510		39,523,330		105		39,523,435		3,857,252		2.810241		28.694375
Fidelity® VIP Consumer Staples Initial Class		48,581.928		951,517		948,319		-		948,319		67,272		13.585661		14.776508
Fidelity® VIP Contrafund® Initial Class		-		-		-		-		-		-		43.130674		44.928096
Fidelity® VIP Contrafund® Service Class 2		1,493,727.764		68,258,644		82,901,891		116		82,902,007		3,724,585		4.366248		44.083123
Fidelity® VIP Energy Service Class 2		108,117.864		2,814,859		2,706,190		-		2,706,190		100,015		26.097957		28.384099
Fidelity® VIP Equity-Income Service Class 2		14,087.639		316,335		359,235		(13)		359,222		110,569		2.723793		18.717716
Fidelity® VIP Growth Service Class 2		12,451.907		975,726		1,154,790		52		1,154,842		173,882		5.270674		37.766648
Fidelity® VIP Growth Opportunities Service Class 2		71.289		2,670		5,728		34		5,762		934		5.946885		8.163063
Fidelity® VIP Health Care Service Class 2		98,548.982		3,392,563		3,509,329		2		3,509,331		294,915		11.502718		12.511499
Fidelity® VIP Mid Cap Initial Class		-		-		-		-		-		-		28.550599		29.740706
Fidelity® VIP Mid Cap Service Class 2		857,960.250		30,487,756		30,440,430		8		30,440,438		1,782,337		3.111584		29.174452
Fidelity® VIP Technology Initial Class		654,384.679		22,381,068		27,346,736		9		27,346,745		1,043,291		25.376687		27.600250
Fidelity® VIP Utilities Initial Class		40,123.512		895,858		969,785		1		969,786		57,194		16.367867		17.802782
Fidelity® VIP Value Strategies Initial Class		739.091		9,997		11,463		1		11,464		389		28.323127		29.503731
Fidelity® VIP Value Strategies Service Class 2		791,049.017		12,343,218		12,443,201		(29)		12,443,172		819,443		3.244874		28.947691
Franklin Allocation Class 4 Shares		171,604.348		865,306		935,244		(17)		935,227		355,491		2.442781		14.013335
Franklin Income Class 2 Shares		76,154.090		1,118,902		1,093,573		(2)		1,093,571		569,206		1.718439		14.257493
Franklin Mutual Shares Class 2 Shares		15,189.507		250,000		248,956		13		248,969		129,988		1.669302		14.340596
Franklin Templeton Foreign Class 2 Shares		41,308.169		564,534		568,400		(6)		568,394		518,072		0.992640		11.428542
Invesco V.I. American Franchise Series II Shares		1,720.057		86,677		123,156		12		123,168		28,284		3.946531		30.611258
Janus Henderson - Enterprise Service Shares		2,183.368		145,588		163,141		8		163,149		23,755		2.864952		24.052202

See accompanying notes 11

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values
Janus Henderson - Global Research Service Shares		3,874.664	$	165,147	$	271,110	$	(27)	$	271,083		91,917	$	2.045867	$	24.015695
Janus Henderson - Mid Cap Value Service Shares		154.107		2,362		2,725		(1)		2,724		731		3.595670		3.874360
LVIP JPMorgan Core Bond Standard Shares		23,155.040		228,435		222,520		(1)		222,519		174,715		1.163506		9.262649
LVIP JPMorgan Mid Cap Value Standard Shares		26,594.161		250,219		259,187		-		259,187		47,852		4.878825		15.612582
LVIP JPMorgan Small Cap Core Standard Shares		-		-		-		-		-		-		4.511311		14.393676
LVIP JPMorgan U.S. Equity Standard Shares		1,277.158		48,995		56,823		-		56,823		7,245		7.205313		25.396057
MFS® New Discovery Service Class		80,369.106		1,148,792		863,968		(16)		863,952		193,727		3.752876		19.748948
MFS® Total Return Service Class		25,942.200		584,673		587,331		(17)		587,314		238,110		2.051493		15.208557
State Street Total Return V.I.S. Class 3 Shares		241,416.485		3,609,819		3,782,996		5		3,783,001		716,919		1.741586		17.880037
TA 60/40 Allocation Service Class		876,440.195		10,731,450		12,191,283		5		12,191,288		803,555		14.509992		16.361108
TA Aegon Bond Initial Class		23,924.163		264,353		226,801		4		226,805		141,205		1.248281		1.661087
TA Aegon Bond Service Class		4,273,789.256		47,220,006		40,130,881		(94)		40,130,787		12,192,398		1.036065		10.912343
TA Aegon Core Bond Service Class		2,852,027.845		36,830,371		32,712,759		(44)		32,712,715		5,866,792		0.984656		11.133938
TA Aegon High Yield Bond Initial Class		11,099.358		81,497		77,474		2		77,476		25,517		1.817939		15.656923
TA Aegon High Yield Bond Service Class		977,438.743		7,135,687		6,978,913		(3)		6,978,910		1,039,352		1.909569		15.252237
TA Aegon Sustainable Equity Income Initial Class		125,144.025		2,224,819		2,618,013		31		2,618,044		747,335		1.941578		22.026326
TA Aegon Sustainable Equity Income Service Class		612,119.562		11,414,148		12,836,147		29		12,836,176		1,529,653		1.943276		21.437961
TA Aegon U.S. Government Securities Initial Class		15,826.910		171,818		139,593		(4)		139,589		74,649		1.020971		1.869935
TA Aegon U.S. Government Securities Service Class		1,881,184.116		18,596,040		17,288,082		(35)		17,288,047		4,668,024		0.993044		10.116893
TA American Funds Managed Risk - Balanced Service Class		5,631,988.804		62,741,175		67,133,307		(98)		67,133,209		4,444,270		13.674725		16.767254
TA BlackRock Government Money Market Initial Class		166,527.960		166,528		166,528		(15)		166,513		120,445		0.787249		1.382482
TA BlackRock Government Money Market Service Class		38,626,858.938		38,626,857		38,626,859		(1,490)		38,625,369		8,023,849		0.770134		11.070867
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		1,360,184.775		13,443,427		12,690,524		1		12,690,525		3,242,937		1.111921		13.937355
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		6,312,645.728		65,824,798		66,535,286		134		66,535,420		12,041,781		1.208482		14.550945
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		2,595,316.657		27,523,018		29,586,610		76		29,586,686		6,019,108		1.183094		14.864067
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		4,476,477.661		52,066,720		50,226,079		94		50,226,173		8,332,199		1.152231		14.726859
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		2,314,635.920		28,349,395		29,881,950		(206)		29,881,744		4,049,491		1.400860		16.838102
TA BlackRock iShares Edge 100 Service Class		365,215.952		5,040,694		5,401,544		8		5,401,552		270,937		17.110489		21.765242
TA BlackRock iShares Edge 40 Initial Class		7,352.902		64,433		65,000		2		65,002		31,256		1.640472		2.168602
TA BlackRock iShares Edge 40 Service Class		2,035,893.726		18,937,422		17,854,788		(40)		17,854,748		3,095,978		1.245463		14.707992
TA BlackRock iShares Edge 50 Service Class		2,621,856.861		33,556,614		34,608,511		4		34,608,515		2,471,749		12.523960		15.362285
TA BlackRock iShares Edge 75 Service Class		1,156,668.735		16,333,946		16,979,897		28		16,979,925		1,021,016		14.725716		18.256485
TA BlackRock iShares Tactical - Balanced Service Class		2,047,631.403		22,585,174		20,517,267		(23)		20,517,244		4,217,287		1.171813		15.781186
TA BlackRock iShares Tactical - Conservative Service Class		1,062,219.580		11,800,404		10,335,397		(38)		10,335,359		1,859,962		1.129188		14.753459
TA BlackRock iShares Tactical - Growth Service Class		2,494,873.515		26,989,051		25,796,992		(47)		25,796,945		2,994,845		1.359993		18.199083
TA BlackRock Real Estate Securities Initial Class		1,030.287		10,938		9,932		(4)		9,928		3,315		1.637952		12.998281
TA BlackRock Real Estate Securities Service Class		407,670.749		4,462,045		4,231,622		(21)		4,231,601		808,217		1.263446		12.676683

See accompanying notes. 12

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values
TA BlackRock Tactical Allocation Service Class		4,014,419.821	$	59,937,882	$	59,774,711	$	147	$	59,774,858		10,896,681	$	1.554770	$	18.739024
TA Goldman Sachs 70/30 Service Class		112,178.974		1,385,317		1,465,057		(1)		1,465,056		100,069		14.127373		15.365810
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		21,826,073.785		257,066,759		261,912,885		3		261,912,888		46,097,738		1.260592		16.484773
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		3,282,679.112		39,536,475		36,962,967		(159)		36,962,808		9,787,963		1.185728		14.651472
TA Goldman Sachs Managed Risk - Growth ETF Service Class		17,637,162.532		180,339,408		200,710,910		(154)		200,710,756		38,366,805		1.700522		20.002051
TA Great Lakes Advisors Large Cap Value Service Class		405,471.145		4,676,784		5,461,696		(1)		5,461,695		353,012		14.666912		16.538195
TA International Focus Initial Class		7,815.216		63,926		63,460		(5)		63,455		25,754		1.835458		16.129391
TA International Focus Service Class		851,241.079		7,098,982		6,733,317		(52)		6,733,265		851,320		1.470537		15.720788
TA Janus Balanced Service Class		4,915,860.862		80,120,568		86,273,358		(113)		86,273,245		8,206,695		2.103803		24.843130
TA Janus Mid-Cap Growth Initial Class		1,033.225		33,679		33,983		1		33,984		5,403		3.109298		29.861814
TA Janus Mid-Cap Growth Service Class		557,005.067		17,975,754		16,537,480		20		16,537,500		995,530		3.363445		29.086894
TA JPMorgan Asset Allocation - Conservative Initial Class		2,727.301		28,098		24,355		-		24,355		11,768		1.704551		2.224761
TA JPMorgan Asset Allocation - Conservative Service Class		3,986,383.892		39,305,413		35,080,178		(158)		35,080,020		9,080,178		1.365302		14.573166
TA JPMorgan Asset Allocation - Growth Initial Class		5,320.923		54,311		62,148		3		62,151		16,941		3.151782		4.323114
TA JPMorgan Asset Allocation - Growth Service Class		1,368,442.452		15,048,693		15,709,719		5		15,709,724		1,442,689		2.342084		26.693750
TA JPMorgan Asset Allocation - Moderate Initial Class		17,761.552		198,246		193,601		2		193,603		78,603		2.056516		2.720449
TA JPMorgan Asset Allocation - Moderate Service Class		21,858,309.573		245,858,414		233,665,329		239		233,665,568		40,130,538		1.668953		16.859061
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		1,305.379		12,714		14,437		(3)		14,434		4,945		2.473912		3.322626
TA JPMorgan Asset Allocation - Moderate Growth Service Class		11,881,074.618		133,341,687		128,434,417		(40)		128,434,377		21,866,157		1.682472		20.279534
TA JPMorgan Enhanced Index Initial Class		34,146.192		698,019		975,557		2		975,559		131,325		4.437709		43.275729
TA JPMorgan Enhanced Index Service Class		782,325.591		19,777,154		22,186,754		25		22,186,779		754,243		4.395180		42.180816
TA JPMorgan International Moderate Growth Service Class		2,741,044.420		26,343,304		24,751,631		131		24,751,762		7,035,497		1.182415		14.595258
TA JPMorgan Tactical Allocation Service Class		4,232,249.553		64,232,725		56,712,144		(20)		56,712,124		9,327,167		1.275317		14.396961
TA Madison Diversified Income Service Class		499,608.979		6,335,944		5,535,667		5		5,535,672		433,013		1.457663		15.398786
TA Market Participation Strategy Service Class		1,942,646.404		21,683,500		21,990,757		19		21,990,776		2,724,463		1.864855		22.131590
TA Morgan Stanley Global Allocation Service Class		3,498,794.906		48,759,456		45,414,358		219		45,414,577		9,726,438		1.650527		17.364091
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		1,659,427.991		13,863,074		11,367,082		22		11,367,104		1,033,697		10.241337		12.226993
TA MSCI EAFE Index Service Class		798,060.464		9,425,322		10,103,445		4		10,103,449		780,818		11.746327		13.978293
TA Multi-Managed Balanced Initial Class		3,107.279		43,919		51,581		(16)		51,565		12,065		3.543836		4.419962
TA Multi-Managed Balanced Service Class		5,659,693.948		84,913,329		90,894,685		(8)		90,894,677		6,747,615		2.834639		25.668446
TA PineBridge Inflation Opportunities Service Class		1,050,905.299		10,937,951		10,235,818		58		10,235,876		3,245,580		0.987256		11.195146
TA ProFunds UltraBear Service Class (OAM)		57,874.796		357,564		328,150		-		328,150		35,319		9.273779		9.305158
TA S&P 500 Index Initial Class		-		-		-		-		-		-		14.602813		14.681064
TA S&P 500 Index Service Class		5,666,658.873		106,273,719		137,529,811		59		137,529,870		5,617,776		22.238416		26.462338
TA Small/Mid Cap Value Initial Class		176,141.686		3,372,763		3,491,128		11		3,491,139		226,572		3.234621		27.769753
TA Small/Mid Cap Value Service Class		824,311.298		14,813,996		15,604,213		56		15,604,269		1,203,838		3.192937		27.050836
TA T. Rowe Price Small Cap Initial Class		10,284.992		130,906		127,534		(6)		127,528		27,084		3.760501		33.022676
TA T. Rowe Price Small Cap Service Class		3,611,234.713		40,196,536		38,242,976		(75)		38,242,901		1,968,661		4.327360		32.199688
TA TSW International Equity Initial Class		36,371.698		448,881		528,117		15		528,132		182,236		1.903350		16.265062
TA TSW International Equity Service Class		575,043.976		8,224,422		8,263,382		(2)		8,263,380		890,059		1.243841		15.846994
TA TSW Mid Cap Value Opportunities Service Class		1,046,296.399		15,460,333		13,172,872		(26)		13,172,846		833,092		3.159574		25.914700

See accompanying notes. 13

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values
TA WMC US Growth Initial Class		193,050.718	$	6,453,641	$	8,119,713	$	59	$	8,119,772		1,710,408	$	4.500880	$	52.943614
TA WMC US Growth Service Class		2,295,348.708		71,803,693		90,849,902		40		90,849,942		2,918,988		4.412910		51.570803
Vanguard® Balanced		127,020.335		3,013,822		3,146,294		-		3,146,294		230,179		13.126710		14.645714
Vanguard® Capital Growth		-		-		-		-		-		-		17.101212		17.274104
Vanguard® Conservative Allocation		19,567.091		505,375		487,808		(2)		487,806		43,444		10.796721		12.046373
Vanguard® Diversified Value		-		-		-		-		-		-		17.450967		17.627324
Vanguard® Equity Income		-		-		-		-		-		-		15.641919		15.800043
Vanguard® Equity Index		0.031		1		2		(2)		-		-		40.070261		42.909583
Vanguard® Global Bond Index		-		-		-		-		-		-		9.659543		9.757204
Vanguard® Growth		-		-		-		-		-		-		20.522686		20.730127
Vanguard® High Yield Bond		-		-		-		-		-		-		11.527837		11.644380
Vanguard® International		14,283.968		504,519		365,670		(1)		365,669		16,618		21.771817		23.315060
Vanguard® Mid-Cap Index		234,967.712		5,563,231		6,306,533		2		6,306,535		219,910		27.443702		31.373672
Vanguard® Moderate Allocation		76,288.726		2,208,800		2,345,878		2		2,345,880		190,591		11.898621		13.275591
Vanguard® Money Market		-		-		-		-		-		-		11.018992		11.130502
Vanguard® Real Estate Index		6,482.090		71,294		76,100		(1)		76,099		4,386		16.712529		17.897335
Vanguard® Short-Term Investment Grade		115,134.575		1,146,862		1,199,702		1		1,199,703		102,942		11.230376		12.026366
Vanguard® Total Bond Market Index		12,811.333		134,466		134,007		-		134,007		12,615		10.232798		10.958177
Vanguard® Total International Stock Market Index		-		-		-		-		-		-		12.092779		12.215041
Vanguard® Total Stock Market Index		-		-		-		-		-		-		18.585469		18.773323
Voya Global Perspectives Class S Shares		-		-		-		-		-		-		11.986024		13.197883
Voya Large Cap Value Class S Shares		-		-		-		-		-		-		19.275973		20.927545
Wanger Acorn		-		-		-		-		-		-		25.665865		26.750645
Wanger International		-		-		-		-		-		-		13.069065		13.621497

See accompanying notes. 14

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets
AB Balanced Hedged Allocation Class B Shares	$	3,443,733	$	-	$	3,443,733
AB Large Cap Growth Class B Shares		255,814		-		255,814
AB Relative Value Class B Shares		29,072,845		99,709		29,172,554
American Funds - Asset Allocation Class 2 Shares		52,923,925		-		52,923,925
American Funds - Asset Allocation Class 4 Shares		6,464,338		-		6,464,338
American Funds - Growth Class 2 Shares		87,676,606		-		87,676,606
American Funds - Growth Class 4 Shares		32,206,467		-		32,206,467
American Funds - Growth-Income Class 2 Shares		35,807,289		-		35,807,289
American Funds - Growth-Income Class 4 Shares		11,011,547		-		11,011,547
American Funds - International Class 2 Shares		20,436,258		32,935		20,469,193
American Funds - International Class 4 Shares		3,399,660		-		3,399,660
American Funds - New World Class 4 Shares		1,160,186		-		1,160,186
American Funds - The Bond Fund of America Class 2 Shares		17,900,572		7,592		17,908,164
American Funds - The Bond Fund of America Class 4 Shares		5,078,701		-		5,078,701
Dimensional VA Equity Allocation		-		-		-
Dimensional VA Global Bond		197,636		-		197,636
Dimensional VA Global Moderate Allocation		-		-		-
Dimensional VA International Small		-		-		-
Dimensional VA International Value		-		-		-
Dimensional VA Short-Term Fixed		-		-		-
Dimensional VA U.S. Large Value		-		-		-
Dimensional VA U.S. Targeted Value		-		-		-
Fidelity® VIP Balanced Service Class 2		39,523,435		-		39,523,435
Fidelity® VIP Consumer Staples Initial Class		948,319		-		948,319
Fidelity® VIP Contrafund® Initial Class		-		-		-
Fidelity® VIP Contrafund® Service Class 2		82,891,453		10,554		82,902,007
Fidelity® VIP Energy Service Class 2		2,706,190		-		2,706,190
Fidelity® VIP Equity-Income Service Class 2		359,222		-		359,222
Fidelity® VIP Growth Service Class 2		1,154,842		-		1,154,842
Fidelity® VIP Growth Opportunities Service Class 2		5,762		-		5,762
Fidelity® VIP Health Care Service Class 2		3,509,331		-		3,509,331
Fidelity® VIP Mid Cap Initial Class		-		-		-
Fidelity® VIP Mid Cap Service Class 2		30,440,438		-		30,440,438
Fidelity® VIP Technology Initial Class		27,346,745		-		27,346,745
Fidelity® VIP Utilities Initial Class		969,786		-		969,786
Fidelity® VIP Value Strategies Initial Class		11,464		-		11,464
Fidelity® VIP Value Strategies Service Class 2		12,443,172		-		12,443,172
Franklin Allocation Class 4 Shares		935,227		-		935,227
Franklin Income Class 2 Shares		1,093,571		-		1,093,571
Franklin Mutual Shares Class 2 Shares		248,969		-		248,969
Franklin Templeton Foreign Class 2 Shares		568,394		-		568,394

See accompanying notes. 15

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets
Invesco V.I. American Franchise Series II Shares	$	123,168	$	-	$	123,168
Janus Henderson - Enterprise Service Shares		163,149		-		163,149
Janus Henderson - Global Research Service Shares		271,083		-		271,083
Janus Henderson - Mid Cap Value Service Shares		2,724		-		2,724
LVIP JPMorgan Core Bond Standard Shares		222,519		-		222,519
LVIP JPMorgan Mid Cap Value Standard Shares		259,187		-		259,187
LVIP JPMorgan Small Cap Core Standard Shares		-		-		-
LVIP JPMorgan U.S. Equity Standard Shares		56,823		-		56,823
MFS® New Discovery Service Class		863,952		-		863,952
MFS® Total Return Service Class		587,314		-		587,314
State Street Total Return V.I.S. Class 3 Shares		3,783,001		-		3,783,001
TA 60/40 Allocation Service Class		12,191,288		-		12,191,288
TA Aegon Bond Initial Class		215,023		11,782		226,805
TA Aegon Bond Service Class		40,101,047		29,740		40,130,787
TA Aegon Core Bond Service Class		32,673,732		38,983		32,712,715
TA Aegon High Yield Bond Initial Class		77,476		-		77,476
TA Aegon High Yield Bond Service Class		6,949,210		29,700		6,978,910
TA Aegon Sustainable Equity Income Initial Class		2,606,990		11,054		2,618,044
TA Aegon Sustainable Equity Income Service Class		12,829,952		6,224		12,836,176
TA Aegon U.S. Government Securities Initial Class		137,111		2,478		139,589
TA Aegon U.S. Government Securities Service Class		17,281,286		6,761		17,288,047
TA American Funds Managed Risk - Balanced Service Class		67,133,209		-		67,133,209
TA BlackRock Government Money Market Initial Class		121,975		44,538		166,513
TA BlackRock Government Money Market Service Class		38,613,570		11,799		38,625,369
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		12,678,495		12,030		12,690,525
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		66,498,247		37,173		66,535,420
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		29,586,686		-		29,586,686
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		50,141,465		84,708		50,226,173
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		29,878,100		3,644		29,881,744
TA BlackRock iShares Edge 100 Service Class		5,401,552		-		5,401,552
TA BlackRock iShares Edge 40 Initial Class		65,002		-		65,002
TA BlackRock iShares Edge 40 Service Class		17,847,201		7,547		17,854,748
TA BlackRock iShares Edge 50 Service Class		34,591,408		17,107		34,608,515
TA BlackRock iShares Edge 75 Service Class		16,979,925		-		16,979,925
TA BlackRock iShares Tactical - Balanced Service Class		20,514,162		3,082		20,517,244
TA BlackRock iShares Tactical - Conservative Service Class		10,304,520		30,839		10,335,359
TA BlackRock iShares Tactical - Growth Service Class		25,789,928		7,017		25,796,945
TA BlackRock Real Estate Securities Initial Class		9,928		-		9,928
TA BlackRock Real Estate Securities Service Class		4,231,601		-		4,231,601
TA BlackRock Tactical Allocation Service Class		59,767,727		7,131		59,774,858
TA Goldman Sachs 70/30 Service Class		1,465,056		-		1,465,056

See accompanying notes. 16

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets
TA Goldman Sachs Managed Risk - Balanced ETF Service Class	$	261,334,945	$	577,943	$	261,912,888
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		36,730,047		232,761		36,962,808
TA Goldman Sachs Managed Risk - Growth ETF Service Class		199,735,177		975,579		200,710,756
TA Great Lakes Advisors Large Cap Value Service Class		5,461,695		-		5,461,695
TA International Focus Initial Class		63,455		-		63,455
TA International Focus Service Class		6,733,265		-		6,733,265
TA Janus Balanced Service Class		86,236,903		36,342		86,273,245
TA Janus Mid-Cap Growth Initial Class		33,984		-		33,984
TA Janus Mid-Cap Growth Service Class		16,531,304		6,196		16,537,500
TA JPMorgan Asset Allocation - Conservative Initial Class		24,355		-		24,355
TA JPMorgan Asset Allocation - Conservative Service Class		34,181,784		898,236		35,080,020
TA JPMorgan Asset Allocation - Growth Initial Class		62,151		-		62,151
TA JPMorgan Asset Allocation - Growth Service Class		15,709,724		-		15,709,724
TA JPMorgan Asset Allocation - Moderate Initial Class		193,603		-		193,603
TA JPMorgan Asset Allocation - Moderate Service Class		233,191,807		473,761		233,665,568
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		14,434		-		14,434
TA JPMorgan Asset Allocation - Moderate Growth Service Class		128,248,480		185,897		128,434,377
TA JPMorgan Enhanced Index Initial Class		964,199		11,360		975,559
TA JPMorgan Enhanced Index Service Class		22,186,779		-		22,186,779
TA JPMorgan International Moderate Growth Service Class		24,725,368		26,394		24,751,762
TA JPMorgan Tactical Allocation Service Class		56,658,329		53,795		56,712,124
TA Madison Diversified Income Service Class		5,535,672		-		5,535,672
TA Market Participation Strategy Service Class		21,961,329		29,447		21,990,776
TA Morgan Stanley Global Allocation Service Class		45,070,805		343,772		45,414,577
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		11,367,104		-		11,367,104
TA MSCI EAFE Index Service Class		10,103,449		-		10,103,449
TA Multi-Managed Balanced Initial Class		51,565		-		51,565
TA Multi-Managed Balanced Service Class		90,825,061		69,616		90,894,677
TA PineBridge Inflation Opportunities Service Class		10,189,958		45,918		10,235,876
TA ProFunds UltraBear Service Class (OAM)		328,150		-		328,150
TA S&P 500 Index Initial Class		-		-		-
TA S&P 500 Index Service Class		137,529,870		-		137,529,870
TA Small/Mid Cap Value Initial Class		3,490,464		675		3,491,139
TA Small/Mid Cap Value Service Class		15,604,269		-		15,604,269
TA T. Rowe Price Small Cap Initial Class		127,528		-		127,528
TA T. Rowe Price Small Cap Service Class		38,236,285		6,616		38,242,901
TA TSW International Equity Initial Class		526,414		1,718		528,132
TA TSW International Equity Service Class		8,263,380		-		8,263,380
TA TSW Mid Cap Value Opportunities Service Class		13,172,846		-		13,172,846
TA WMC US Growth Initial Class		8,086,406		33,366		8,119,772
TA WMC US Growth Service Class		90,681,054		168,888		90,849,942

See accompanying notes. 17

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Assets and Liabilities

December 31, 2024

Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets
Vanguard® Balanced	$	3,146,294	$	-	$	3,146,294
Vanguard® Capital Growth		-		-		-
Vanguard® Conservative Allocation		487,806		-		487,806
Vanguard® Diversified Value		-		-		-
Vanguard® Equity Income		-		-		-
Vanguard® Equity Index		-		-		-
Vanguard® Global Bond Index		-		-		-
Vanguard® Growth		-		-		-
Vanguard® High Yield Bond		-		-		-
Vanguard® International		365,669		-		365,669
Vanguard® Mid-Cap Index		6,306,535		-		6,306,535
Vanguard® Moderate Allocation		2,345,880		-		2,345,880
Vanguard® Money Market		-		-		-
Vanguard® Real Estate Index		76,099		-		76,099
Vanguard® Short-Term Investment Grade		1,199,703		-		1,199,703
Vanguard® Total Bond Market Index		134,007		-		134,007
Vanguard® Total International Stock Market Index		-		-		-
Vanguard® Total Stock Market Index		-		-		-
Voya Global Perspectives Class S Shares		-		-		-
Voya Large Cap Value Class S Shares		-		-		-
Wanger Acorn		-		-		-
Wanger International		-		-		-

See accompanying notes. 18

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	AB Balanced Hedged Allocation Class B Shares Subaccount			AB Large Cap Growth Class B Shares Subaccount			AB Relative Value Class B Shares Subaccount			American Funds -Asset Allocation Class 2 Shares Subaccount
Net Assets as of December 31, 2022:	$	4,998,693		$	249,153		$	29,665,837		$	45,580,310
Investment Income:
Reinvested Dividends		44,177			-			381,104			972,726
Investment Expense:
Mortality and Expense Risk and Administrative Charges		73,553			3,561			392,831			711,936
Net Investment Income (Loss)		(29,376	)		(3,561	)		(11,727	)		260,790
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		253,121			19,174			2,407,286			1,739,100
Realized Gain (Loss) on Investments		(549,545	)		15,300			(146,853	)		21,628
Net Realized Capital Gains (Losses) on Investments		(296,424	)		34,474			2,260,433			1,760,728
Net Change in Unrealized Appreciation (Depreciation)		694,211			43,464			677,579			3,230,704
Net Gain (Loss) on Investment		397,787			77,938			2,938,012			4,991,432
Net Increase (Decrease) in Net Assets Resulting from Operations		368,411			74,377			2,926,285			5,252,222
Increase (Decrease) in Net Assets from Contract Transactions		(1,640,851	)		(60,226	)		(2,159,019	)		(5,122,081	)
Total Increase (Decrease) in Net Assets		(1,272,440	)		14,151			767,266			130,141
Net Assets as of December 31, 2023:	$	3,726,253		$	263,304		$	30,433,103		$	45,710,451
Investment Income:
Reinvested Dividends		66,562			-			382,473			1,093,429
Investment Expense:
Mortality and Expense Risk and Administrative Charges		58,540			3,921			415,537			789,480
Net Investment Income (Loss)		8,022			(3,921	)		(33,064	)		303,949
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		76,671			13,072			1,076,195			1,999,676
Realized Gain (Loss) on Investments		(113,244	)		20,101			137,271			747,176
Net Realized Capital Gains (Losses) on Investments		(36,573	)		33,173			1,213,466			2,746,852
Net Change in Unrealized Appreciation (Depreciation)		289,360			29,398			2,182,011			3,693,181
Net Gain (Loss) on Investment		252,787			62,571			3,395,477			6,440,033
Net Increase (Decrease) in Net Assets Resulting from Operations		260,809			58,650			3,362,413			6,743,982
Increase (Decrease) in Net Assets from Contract Transactions		(543,329	)		(66,140	)		(4,622,962	)		469,492
Total Increase (Decrease) in Net Assets		(282,520	)		(7,490	)		(1,260,549	)		7,213,474
Net Assets as of December 31, 2024:	$	3,443,733		$	255,814		$	29,172,554		$	52,923,925

See Accompanying Notes. ⁽¹⁾ See Footnote 1 19

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	American Funds - Asset Allocation Class 4 Shares Subaccount			American Funds - Growth  Class 2 Shares Subaccount			American Funds - Growth  Class 4 Shares Subaccount			American Funds - Growth-Income Class 2 Shares Subaccount
Net Assets as of December 31, 2022:	$	3,439,760		$	69,410,498		$	7,173,474		$	37,848,279
Investment Income:
Reinvested Dividends		85,457			265,787			23,205			448,700
Investment Expense:
Mortality and Expense Risk and Administrative Charges		57,526			1,236,926			181,844			575,735
Net Investment Income (Loss)		27,931			(971,139	)		(158,639	)		(127,035	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		157,523			4,382,340			699,384			2,027,835
Realized Gain (Loss) on Investments		(52,736	)		2,832,838			(673,310	)		1,307,548
Net Realized Capital Gains (Losses) on Investments		104,787			7,215,178			26,074			3,335,383
Net Change in Unrealized Appreciation (Depreciation)		364,952			16,899,568			4,019,020			4,500,935
Net Gain (Loss) on Investment		469,739			24,114,746			4,045,094			7,836,318
Net Increase (Decrease) in Net Assets Resulting from Operations		497,670			23,143,607			3,886,455			7,709,283
Increase (Decrease) in Net Assets from Contract Transactions		611,088			(13,905,440	)		8,560,302			(11,593,944	)
Total Increase (Decrease) in Net Assets		1,108,758			9,238,167			12,446,757			(3,884,661	)
Net Assets as of December 31, 2023:	$	4,548,518		$	78,648,665		$	19,620,231		$	33,963,618
Investment Income:
Reinvested Dividends		115,291			276,140			42,868			382,886
Investment Expense:
Mortality and Expense Risk and Administrative Charges		76,381			1,377,562			363,700			579,373
Net Investment Income (Loss)		38,910			(1,101,422	)		(320,832	)		(196,487	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		215,757			1,927,322			567,841			1,606,652
Realized Gain (Loss) on Investments		1,819			6,221,613			80,268			1,964,033
Net Realized Capital Gains (Losses) on Investments		217,576			8,148,935			648,109			3,570,685
Net Change in Unrealized Appreciation (Depreciation)		427,310			14,557,995			6,222,769			3,739,938
Net Gain (Loss) on Investment		644,886			22,706,930			6,870,878			7,310,623
Net Increase (Decrease) in Net Assets Resulting from Operations		683,796			21,605,508			6,550,046			7,114,136
Increase (Decrease) in Net Assets from Contract Transactions		1,232,024			(12,577,567	)		6,036,190			(5,270,465	)
Total Increase (Decrease) in Net Assets		1,915,820			9,027,941			12,586,236			1,843,671
Net Assets as of December 31, 2024:	$	6,464,338		$	87,676,606		$	32,206,467		$	35,807,289

See Accompanying Notes. ⁽¹⁾ See Footnote 1 20

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	American Funds - Growth-Income Class 4 Shares Subaccount			American Funds - International   Class 2 Shares Subaccount			American Funds - International   Class 4 Shares Subaccount			American Funds - New World Class 4 Shares Subaccount
Net Assets as of December 31, 2022:	$	2,095,316		$	25,590,522		$	1,174,034		$	531,517
Investment Income:
Reinvested Dividends		63,463			295,557			25,114			10,445
Investment Expense:
Mortality and Expense Risk and Administrative Charges		55,243			404,488			22,943			9,781
Net Investment Income (Loss)		8,220			(108,931	)		2,171			664
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		146,397			-			-			-
Realized Gain (Loss) on Investments		(41,010	)		(1,792,063	)		(98,576	)		(28,673	)
Net Realized Capital Gains (Losses) on Investments		105,387			(1,792,063	)		(98,576	)		(28,673	)
Net Change in Unrealized Appreciation (Depreciation)		794,174			5,091,035			305,394			123,098
Net Gain (Loss) on Investment		899,561			3,298,972			206,818			94,425
Net Increase (Decrease) in Net Assets Resulting from Operations		907,781			3,190,041			208,989			95,089
Increase (Decrease) in Net Assets from Contract Transactions		3,825,731			(5,971,812	)		1,192,426			312,710
Total Increase (Decrease) in Net Assets		4,733,512			(2,781,771	)		1,401,415			407,799
Net Assets as of December 31, 2023:	$	6,828,828		$	22,808,751		$	2,575,449		$	939,316
Investment Income:
Reinvested Dividends		92,182			255,878			32,678			13,364
Investment Expense:
Mortality and Expense Risk and Administrative Charges		128,351			366,444			39,658			14,330
Net Investment Income (Loss)		(36,169	)		(110,566	)		(6,980	)		(966	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		385,477			-			-			4,929
Realized Gain (Loss) on Investments		225,904			(701,239	)		(84,174	)		(1,217	)
Net Realized Capital Gains (Losses) on Investments		611,381			(701,239	)		(84,174	)		3,712
Net Change in Unrealized Appreciation (Depreciation)		1,180,351			1,308,518			91,229			40,289
Net Gain (Loss) on Investment		1,791,732			607,279			7,055			44,001
Net Increase (Decrease) in Net Assets Resulting from Operations		1,755,563			496,713			75			43,035
Increase (Decrease) in Net Assets from Contract Transactions		2,427,156			(2,836,271	)		824,136			177,835
Total Increase (Decrease) in Net Assets		4,182,719			(2,339,558	)		824,211			220,870
Net Assets as of December 31, 2024:	$	11,011,547		$	20,469,193		$	3,399,660		$	1,160,186

See Accompanying Notes. ⁽¹⁾ See Footnote 1 21

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	American Funds - The Bond Fund of America Class 2  Shares  Subaccount			American Funds - The Bond Fund of America Class 4  Shares  Subaccount			Dimensional VA Equity Allocation Subaccount		Dimensional VA Global Bond Subaccount
Net Assets as of December 31, 2022:	$	15,728,870		$	1,779,049		$	-	$	183,576
Investment Income:
Reinvested Dividends		673,914			127,606			-		8,619
Investment Expense:
Mortality and Expense Risk and Administrative Charges		291,217			36,572			-		3,317
Net Investment Income (Loss)		382,697			91,034			-		5,302
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-		-
Realized Gain (Loss) on Investments		(567,770	)		(84,462	)		-		(321	)
Net Realized Capital Gains (Losses) on Investments		(567,770	)		(84,462	)		-		(321	)
Net Change in Unrealized Appreciation (Depreciation)		790,023			121,449			-		1,316
Net Gain (Loss) on Investment		222,253			36,987			-		995
Net Increase (Decrease) in Net Assets Resulting from Operations		604,950			128,021			-		6,297
Increase (Decrease) in Net Assets from Contract Transactions		3,335,123			2,306,961			-		30,653
Total Increase (Decrease) in Net Assets		3,940,073			2,434,982			-		36,950
Net Assets as of December 31, 2023:	$	19,668,943		$	4,214,031		$	-	$	220,526
Investment Income:
Reinvested Dividends		752,551			193,895			-		9,513
Investment Expense:
Mortality and Expense Risk and Administrative Charges		309,863			56,738			-		3,613
Net Investment Income (Loss)		442,688			137,157			-		5,900
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-		-
Realized Gain (Loss) on Investments		(656,068	)		(68,515	)		-		(4,388	)
Net Realized Capital Gains (Losses) on Investments		(656,068	)		(68,515	)		-		(4,388	)
Net Change in Unrealized Appreciation (Depreciation)		113,848			(102,547	)		-		5,342
Net Gain (Loss) on Investment		(542,220	)		(171,062	)		-		954
Net Increase (Decrease) in Net Assets Resulting from Operations		(99,532	)		(33,905	)		-		6,854
Increase (Decrease) in Net Assets from Contract Transactions		(1,661,247	)		898,575			-		(29,744	)
Total Increase (Decrease) in Net Assets		(1,760,779	)		864,670			-		(22,890	)
Net Assets as of December 31, 2024:	$	17,908,164		$	5,078,701		$	-	$	197,636

See Accompanying Notes. ⁽¹⁾ See Footnote 1 22

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Dimensional VA Global Moderate Allocation Subaccount		Dimensional VA International Small Subaccount		Dimensional VA International Value Subaccount		Dimensional VA Short-Term Fixed Subaccount
Net Assets as of December 31, 2022:	$	-	$	-	$	-	$	-
Investment Income:
Reinvested Dividends		-		-		-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		-		-
Net Investment Income (Loss)		-		-		-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		-		-
Realized Gain (Loss) on Investments		-		-		-		-
Net Realized Capital Gains (Losses) on Investments		-		-		-		-
Net Change in Unrealized Appreciation (Depreciation)		-		-		-		-
Net Gain (Loss) on Investment		-		-		-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		-		-		-
Total Increase (Decrease) in Net Assets		-		-		-		-
Net Assets as of December 31, 2023:	$	-	$	-	$	-	$	-
Investment Income:
Reinvested Dividends		-		-		-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		-		-
Net Investment Income (Loss)		-		-		-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		-		-
Realized Gain (Loss) on Investments		-		-		-		-
Net Realized Capital Gains (Losses) on Investments		-		-		-		-
Net Change in Unrealized Appreciation (Depreciation)		-		-		-		-
Net Gain (Loss) on Investment		-		-		-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		-		-		-
Total Increase (Decrease) in Net Assets		-		-		-		-
Net Assets as of December 31, 2024:	$	-	$	-	$	-	$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 23

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Dimensional VA U.S. Large Value Subaccount		Dimensional VA U.S. Targeted Value Subaccount		Fidelity® VIP Balanced Service    Class  2   Subaccount			Fidelity® VIP Consumer Staples Initial Class Subaccount
Net Assets as of December 31, 2022:	$	-	$	-	$	36,390,563		$	244,657
Investment Income:
Reinvested Dividends		-		-		568,759			11,567
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		497,265			9,067
Net Investment Income (Loss)		-		-		71,494			2,500
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		1,443,581			8,758
Realized Gain (Loss) on Investments		-		-		1,071,950			(4	)
Net Realized Capital Gains (Losses) on Investments		-		-		2,515,531			8,754
Net Change in Unrealized Appreciation (Depreciation)		-		-		4,149,908			4,899
Net Gain (Loss) on Investment		-		-		6,665,439			13,653
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		6,736,933			16,153
Increase (Decrease) in Net Assets from Contract Transactions		-		-		(5,428,291	)		379,919
Total Increase (Decrease) in Net Assets		-		-		1,308,642			396,072
Net Assets as of December 31, 2023:	$	-	$	-	$	37,699,205		$	640,729
Investment Income:
Reinvested Dividends		-		-		649,042			19,679
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		525,976			13,644
Net Investment Income (Loss)		-		-		123,066			6,035
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		1,266,852			16,822
Realized Gain (Loss) on Investments		-		-		1,411,932			4,338
Net Realized Capital Gains (Losses) on Investments		-		-		2,678,784			21,160
Net Change in Unrealized Appreciation (Depreciation)		-		-		2,248,491			(3,354	)
Net Gain (Loss) on Investment		-		-		4,927,275			17,806
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		5,050,341			23,841
Increase (Decrease) in Net Assets from Contract Transactions		-		-		(3,226,111	)		283,749
Total Increase (Decrease) in Net Assets		-		-		1,824,230			307,590
Net Assets as of December 31, 2024:	$	-	$	-	$	39,523,435		$	948,319

See Accompanying Notes. ⁽¹⁾ See Footnote 1 24

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Fidelity® VIP Contrafund® Initial  Class Subaccount		Fidelity® VIP Contrafund® Service  Class 2 Subaccount			Fidelity® VIP Energy Service  Class 2 Subaccount			Fidelity® VIP Equity-Income  Service  Class 2 Subaccount
Net Assets as of December 31, 2022:	$	-	$	59,223,804		$	1,019,719		$	438,088
Investment Income:
Reinvested Dividends		-		164,550			42,691			7,314
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		868,630			27,852			6,234
Net Investment Income (Loss)		-		(704,080	)		14,839			1,080
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		2,355,778			-			12,551
Realized Gain (Loss) on Investments		-		3,080,292			43,717			7,326
Net Realized Capital Gains (Losses) on Investments		-		5,436,070			43,717			19,877
Net Change in Unrealized Appreciation (Depreciation)		-		12,653,434			(58,661	)		15,133
Net Gain (Loss) on Investment		-		18,089,504			(14,944	)		35,010
Net Increase (Decrease) in Net Assets Resulting from Operations		-		17,385,424			(105	)		36,090
Increase (Decrease) in Net Assets from Contract Transactions		-		(7,159,556	)		916,350			(38,669	)
Total Increase (Decrease) in Net Assets		-		10,225,868			916,245			(2,579	)
Net Assets as of December 31, 2023:	$	-	$	69,449,672		$	1,935,964		$	435,509
Investment Income:
Reinvested Dividends		-		26,537			51,562			5,715
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		1,061,448			38,806			5,579
Net Investment Income (Loss)		-		(1,034,911	)		12,756			136
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		9,672,733			-			21,885
Realized Gain (Loss) on Investments		-		6,392,186			139,426			22,890
Net Realized Capital Gains (Losses) on Investments		-		16,064,919			139,426			44,775
Net Change in Unrealized Appreciation (Depreciation)		-		6,176,622			(122,108	)		2,402
Net Gain (Loss) on Investment		-		22,241,541			17,318			47,177
Net Increase (Decrease) in Net Assets Resulting from Operations		-		21,206,630			30,074			47,313
Increase (Decrease) in Net Assets from Contract Transactions		-		(7,754,295	)		740,152			(123,600	)
Total Increase (Decrease) in Net Assets		-		13,452,335			770,226			(76,287	)
Net Assets as of December 31, 2024:	$	-	$	82,902,007		$	2,706,190		$	359,222

See Accompanying Notes. ⁽¹⁾ See Footnote 1 25

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Fidelity® VIP Growth Service Class 2 Subaccount			Fidelity® VIP Growth Opportunities Service Class 2 Subaccount			Fidelity® VIP Health Care  Service Class 2 Subaccount			Fidelity® VIP Mid Cap Initial Class Subaccount
Net Assets as of December 31, 2022:	$	736,401		$	3,200		$	701,256		$	-
Investment Income:
Reinvested Dividends		31			-			-			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		11,731			52			20,401			-
Net Investment Income (Loss)		(11,700	)		(52	)		(20,401	)		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		40,365			-			-			-
Realized Gain (Loss) on Investments		25,898			103			(2,955	)		-
Net Realized Capital Gains (Losses) on Investments		66,263			103			(2,955	)		-
Net Change in Unrealized Appreciation (Depreciation)		187,356			1,269			83,951			-
Net Gain (Loss) on Investment		253,619			1,372			80,996			-
Net Increase (Decrease) in Net Assets Resulting from Operations		241,919			1,320			60,595			-
Increase (Decrease) in Net Assets from Contract Transactions		(43,963	)		(118	)		1,435,034			-
Total Increase (Decrease) in Net Assets		197,956			1,202			1,495,629			-
Net Assets as of December 31, 2023:	$	934,357		$	4,402		$	2,196,885		$	-
Investment Income:
Reinvested Dividends		-			-			-			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		15,596			71			49,315			-
Net Investment Income (Loss)		(15,596	)		(71	)		(49,315	)		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		248,866			-			-			-
Realized Gain (Loss) on Investments		32,301			178			72,575			-
Net Realized Capital Gains (Losses) on Investments		281,167			178			72,575			-
Net Change in Unrealized Appreciation (Depreciation)		(5,285	)		1,422			54,923			-
Net Gain (Loss) on Investment		275,882			1,600			127,498			-
Net Increase (Decrease) in Net Assets Resulting from Operations		260,286			1,529			78,183			-
Increase (Decrease) in Net Assets from Contract Transactions		(39,801	)		(169	)		1,234,263			-
Total Increase (Decrease) in Net Assets		220,485			1,360			1,312,446			-
Net Assets as of December 31, 2024:	$	1,154,842		$	5,762		$	3,509,331		$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 26

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Fidelity® VIP Mid Cap Service Class 2 Subaccount			Fidelity® VIP Technology Initial  Class Subaccount			Fidelity® VIP Utilities Initial  Class Subaccount			Fidelity® VIP Value Strategies Initial  Class Subaccount
Net Assets as of December 31, 2022:	$	25,634,002		$	1,370,236		$	393,957		$	12,093
Investment Income:
Reinvested Dividends		101,122			12,136			15,454			133
Investment Expense:
Mortality and Expense Risk and Administrative Charges		353,112			98,865			11,312			77
Net Investment Income (Loss)		(251,990	)		(86,729	)		4,142			56
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		754,510			86,804			16,926			441
Realized Gain (Loss) on Investments		446,117			403,554			(13,912	)		225
Net Realized Capital Gains (Losses) on Investments		1,200,627			490,358			3,014			666
Net Change in Unrealized Appreciation (Depreciation)		2,374,901			1,641,074			(8,882	)		1,457
Net Gain (Loss) on Investment		3,575,528			2,131,432			(5,868	)		2,123
Net Increase (Decrease) in Net Assets Resulting from Operations		3,323,538			2,044,703			(1,726	)		2,179
Increase (Decrease) in Net Assets from Contract Transactions		(1,236,971	)		8,542,093			279,499			(1,896	)
Total Increase (Decrease) in Net Assets		2,086,567			10,586,796			277,773			283
Net Assets as of December 31, 2023:	$	27,720,569		$	11,957,032		$	671,730		$	12,376
Investment Income:
Reinvested Dividends		103,454			-			18,671			118
Investment Expense:
Mortality and Expense Risk and Administrative Charges		398,281			364,442			14,161			79
Net Investment Income (Loss)		(294,827	)		(364,442	)		4,510			39
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		4,003,513			734,994			40,648			1,624
Realized Gain (Loss) on Investments		1,517,940			1,279,399			66,237			420
Net Realized Capital Gains (Losses) on Investments		5,521,453			2,014,393			106,885			2,044
Net Change in Unrealized Appreciation (Depreciation)		(931,259	)		3,728,689			78,393			(1,070	)
Net Gain (Loss) on Investment		4,590,194			5,743,082			185,278			974
Net Increase (Decrease) in Net Assets Resulting from Operations		4,295,367			5,378,640			189,788			1,013
Increase (Decrease) in Net Assets from Contract Transactions		(1,575,498	)		10,011,073			108,268			(1,925	)
Total Increase (Decrease) in Net Assets		2,719,869			15,389,713			298,056			(912	)
Net Assets as of December 31, 2024:	$	30,440,438		$	27,346,745		$	969,786		$	11,464

See Accompanying Notes. ⁽¹⁾ See Footnote 1 27

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Fidelity® VIP Value Strategies  Service Class 2 Subaccount			Franklin Allocation Class 4 Shares  Subaccount			Franklin Income Class 2 Shares  Subaccount			Franklin Mutual Shares Class 2 Shares Subaccount
Net Assets as of December 31, 2022:	$	12,431,698		$	1,165,537		$	1,350,813		$	283,160
Investment Income:
Reinvested Dividends		95,115			15,046			65,363			5,128
Investment Expense:
Mortality and Expense Risk and Administrative Charges		157,305			18,535			18,895			3,995
Net Investment Income (Loss)		(62,190	)		(3,489	)		46,468			1,133
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		405,710			18,677			79,240			23,604
Realized Gain (Loss) on Investments		1,017,453			(62,678	)		(621	)		(6,667	)
Net Realized Capital Gains (Losses) on Investments		1,423,163			(44,001	)		78,619			16,937
Net Change in Unrealized Appreciation (Depreciation)		573,799			187,035			(38,763	)		13,293
Net Gain (Loss) on Investment		1,996,962			143,034			39,856			30,230
Net Increase (Decrease) in Net Assets Resulting from Operations		1,934,772			139,545			86,324			31,363
Increase (Decrease) in Net Assets from Contract Transactions		(2,962,025	)		(126,032	)		(202,528	)		(26,193	)
Total Increase (Decrease) in Net Assets		(1,027,253	)		13,513			(116,204	)		5,170
Net Assets as of December 31, 2023:	$	11,404,445		$	1,179,050		$	1,234,609		$	288,330
Investment Income:
Reinvested Dividends		99,041			19,922			61,088			4,995
Investment Expense:
Mortality and Expense Risk and Administrative Charges		167,703			17,197			17,538			4,089
Net Investment Income (Loss)		(68,662	)		2,725			43,550			906
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,749,002			-			5,005			5,195
Realized Gain (Loss) on Investments		202,323			(74,487	)		(16,359	)		(12,127	)
Net Realized Capital Gains (Losses) on Investments		1,951,325			(74,487	)		(11,354	)		(6,932	)
Net Change in Unrealized Appreciation (Depreciation)		(925,042	)		151,010			30,979			32,417
Net Gain (Loss) on Investment		1,026,283			76,523			19,625			25,485
Net Increase (Decrease) in Net Assets Resulting from Operations		957,621			79,248			63,175			26,391
Increase (Decrease) in Net Assets from Contract Transactions		81,106			(323,071	)		(204,213	)		(65,752	)
Total Increase (Decrease) in Net Assets		1,038,727			(243,823	)		(141,038	)		(39,361	)
Net Assets as of December 31, 2024:	$	12,443,172		$	935,227		$	1,093,571		$	248,969

See Accompanying Notes. ⁽¹⁾ See Footnote 1 28

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Franklin Templeton Foreign  Class 2 Shares Subaccount			Invesco V.I. American Franchise   Series II Shares Subaccount			Janus Henderson - Enterprise   Service Shares Subaccount			Janus Henderson - Global Research Service Shares Subaccount
Net Assets as of December 31, 2022:	$	591,539		$	114,156		$	195,139		$	210,627
Investment Income:
Reinvested Dividends		20,411			-			164			1,780
Investment Expense:
Mortality and Expense Risk and Administrative Charges		9,361			2,132			2,656			3,537
Net Investment Income (Loss)		11,050			(2,132	)		(2,492	)		(1,757	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			3,129			14,942			6,702
Realized Gain (Loss) on Investments		(1,189	)		1,692			7,180			6,768
Net Realized Capital Gains (Losses) on Investments		(1,189	)		4,821			22,122			13,470
Net Change in Unrealized Appreciation (Depreciation)		99,628			39,257			9,853			38,701
Net Gain (Loss) on Investment		98,439			44,078			31,975			52,171
Net Increase (Decrease) in Net Assets Resulting from Operations		109,489			41,946			29,483			50,414
Increase (Decrease) in Net Assets from Contract Transactions		(36,820	)		(12,918	)		(36,642	)		(10,993	)
Total Increase (Decrease) in Net Assets		72,669			29,028			(7,159	)		39,421
Net Assets as of December 31, 2023:	$	664,208		$	143,184		$	187,980		$	250,048
Investment Income:
Reinvested Dividends		15,643			-			1,246			1,564
Investment Expense:
Mortality and Expense Risk and Administrative Charges		9,458			2,457			2,638			4,125
Net Investment Income (Loss)		6,185			(2,457	)		(1,392	)		(2,561	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			8,905			8,587
Realized Gain (Loss) on Investments		3,867			6,834			4,504			18,629
Net Realized Capital Gains (Losses) on Investments		3,867			6,834			13,409			27,216
Net Change in Unrealized Appreciation (Depreciation)		(22,339	)		36,133			13,927			25,604
Net Gain (Loss) on Investment		(18,472	)		42,967			27,336			52,820
Net Increase (Decrease) in Net Assets Resulting from Operations		(12,287	)		40,510			25,944			50,259
Increase (Decrease) in Net Assets from Contract Transactions		(83,527	)		(60,526	)		(50,775	)		(29,224	)
Total Increase (Decrease) in Net Assets		(95,814	)		(20,016	)		(24,831	)		21,035
Net Assets as of December 31, 2024:	$	568,394		$	123,168		$	163,149		$	271,083

See Accompanying Notes. ⁽¹⁾ See Footnote 1 29

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Janus Henderson-Mid Cap Value Service Shares Subaccount			LVIP JPMorgan Core Bond  Standard Shares Subaccount(1)			LVIP JPMorgan Mid Cap Value  Standard Shares Subaccount(1)			LVIP JPMorgan Small Cap Core Standard Shares Subaccount(1)
Net Assets as of December 31, 2022:	$	2,430		$	-		$	-		$	-
Investment Income:
Reinvested Dividends		23			2,806			4,067			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		33			1,593			1,779			-
Net Investment Income (Loss)		(10	)		1,213			2,288			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		68			-			-			-
Realized Gain (Loss) on Investments		10			(270	)		36			-
Net Realized Capital Gains (Losses) on Investments		78			(270	)		36			-
Net Change in Unrealized Appreciation (Depreciation)		155			304			19,029			-
Net Gain (Loss) on Investment		233			34			19,065			-
Net Increase (Decrease) in Net Assets Resulting from Operations		223			1,247			21,353			-
Increase (Decrease) in Net Assets from Contract Transactions		(97	)		263,088			208,446			-
Total Increase (Decrease) in Net Assets		126			264,335			229,799			-
Net Assets as of December 31, 2023:	$	2,556		$	264,335		$	229,799		$	-
Investment Income:
Reinvested Dividends		22			10,100			3,150			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		37			3,365			3,149			-
Net Investment Income (Loss)		(15	)		6,735			1			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		140			-			39,189			-
Realized Gain (Loss) on Investments		22			399			367			-
Net Realized Capital Gains (Losses) on Investments		162			399			39,556			-
Net Change in Unrealized Appreciation (Depreciation)		127			(6,219	)		(10,061	)		-
Net Gain (Loss) on Investment		289			(5,820	)		29,495			-
Net Increase (Decrease) in Net Assets Resulting from Operations		274			915			29,496			-
Increase (Decrease) in Net Assets from Contract Transactions		(106	)		(42,731	)		(108	)		-
Total Increase (Decrease) in Net Assets		168			(41,816	)		29,388			-
Net Assets as of December 31, 2024:	$	2,724		$	222,519		$	259,187		$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 30

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	LVIP JPMorgan U.S. Equity Standard Shares Subaccount(1)			MFS® New Discovery Service Class  Subaccount			MFS® Total Return Service  Class Subaccount			State Street Total Return V.I.S. Class 3 Shares Subaccount
Net Assets as of December 31, 2022:	$	-		$	921,613		$	647,086		$	3,490,607
Investment Income:
Reinvested Dividends		1,067			-			11,831			84,482
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,132			13,464			9,326			55,721
Net Investment Income (Loss)		(65	)		(13,464	)		2,505			28,761
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		622			-			28,238			-
Realized Gain (Loss) on Investments		208			(98,268	)		2,272			(93,385	)
Net Realized Capital Gains (Losses) on Investments		830			(98,268	)		30,510			(93,385	)
Net Change in Unrealized Appreciation (Depreciation)		18,918			221,556			20,690			583,913
Net Gain (Loss) on Investment		19,748			123,288			51,200			490,528
Net Increase (Decrease) in Net Assets Resulting from Operations		19,683			109,824			53,705			519,289
Increase (Decrease) in Net Assets from Contract Transactions		164,259			(87,988	)		(32,755	)		310,477
Total Increase (Decrease) in Net Assets		183,942			21,836			20,950			829,766
Net Assets as of December 31, 2023:	$	183,942		$	943,449		$	668,036		$	4,320,373
Investment Income:
Reinvested Dividends		282			-			13,823			163,152
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,024			13,299			9,083			64,138
Net Investment Income (Loss)		(742	)		(13,299	)		4,740			99,014
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,357			-			29,651			792
Realized Gain (Loss) on Investments		28,640			(85,664	)		6,862			2,279
Net Realized Capital Gains (Losses) on Investments		30,997			(85,664	)		36,513			3,071
Net Change in Unrealized Appreciation (Depreciation)		(11,089	)		144,302			(5,932	)		271,016
Net Gain (Loss) on Investment		19,908			58,638			30,581			274,087
Net Increase (Decrease) in Net Assets Resulting from Operations		19,166			45,339			35,321			373,101
Increase (Decrease) in Net Assets from Contract Transactions		(146,285	)		(124,836	)		(116,043	)		(910,473	)
Total Increase (Decrease) in Net Assets		(127,119	)		(79,497	)		(80,722	)		(537,372	)
Net Assets as of December 31, 2024:	$	56,823		$	863,952		$	587,314		$	3,783,001

See Accompanying Notes. ⁽¹⁾ See Footnote 1 31

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA 60/40 Allocation Service Class Subaccount			TA Aegon Bond Initial Class   Subaccount			TA Aegon Bond Service Class   Subaccount			TA Aegon Core Bond Service Class Subaccount
Net Assets as of December 31, 2022:	$	2,881,025		$	197,832		$	50,609,656		$	36,093,509
Investment Income:
Reinvested Dividends		49,490			1,818			292,161			651,556
Investment Expense:
Mortality and Expense Risk and Administrative Charges		48,164			2,675			632,443			430,981
Net Investment Income (Loss)		1,326			(857	)		(340,282	)		220,575
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		9,507			(5,023	)		(2,320,495	)		(2,143,127	)
Net Realized Capital Gains (Losses) on Investments		9,507			(5,023	)		(2,320,495	)		(2,143,127	)
Net Change in Unrealized Appreciation (Depreciation)		571,134			14,938			4,778,172			3,173,283
Net Gain (Loss) on Investment		580,641			9,915			2,457,677			1,030,156
Net Increase (Decrease) in Net Assets Resulting from Operations		581,967			9,058			2,117,395			1,250,731
Increase (Decrease) in Net Assets from Contract Transactions		7,813,010			(20,845	)		(8,170,637	)		(8,640,261	)
Total Increase (Decrease) in Net Assets		8,394,977			(11,787	)		(6,053,242	)		(7,389,530	)
Net Assets as of December 31, 2023:	$	11,276,002		$	186,045		$	44,556,414		$	28,703,979
Investment Income:
Reinvested Dividends		174,892			7,836			1,652,621			1,245,830
Investment Expense:
Mortality and Expense Risk and Administrative Charges		158,307			2,632			567,182			369,190
Net Investment Income (Loss)		16,585			5,204			1,085,439			876,640
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		139,585			-			-			-
Realized Gain (Loss) on Investments		60,159			(772	)		(1,362,773	)		(1,180,339	)
Net Realized Capital Gains (Losses) on Investments		199,744			(772	)		(1,362,773	)		(1,180,339	)
Net Change in Unrealized Appreciation (Depreciation)		989,392			(3,820	)		489,596			226,400
Net Gain (Loss) on Investment		1,189,136			(4,592	)		(873,177	)		(953,939	)
Net Increase (Decrease) in Net Assets Resulting from Operations		1,205,721			612			212,262			(77,299	)
Increase (Decrease) in Net Assets from Contract Transactions		(290,435	)		40,148			(4,637,889	)		4,086,035
Total Increase (Decrease) in Net Assets		915,286			40,760			(4,425,627	)		4,008,736
Net Assets as of December 31, 2024:	$	12,191,288		$	226,805		$	40,130,787		$	32,712,715

See Accompanying Notes. ⁽¹⁾ See Footnote 1 32

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA Aegon High Yield Bond Initial Class Subaccount			TA Aegon High Yield Bond Service   Class Subaccount			TA Aegon Sustainable Equity   Income Initial Class Subaccount			TA Aegon Sustainable Equity Income Service Class Subaccount
Net Assets as of December 31, 2022:	$	60,147		$	6,245,245		$	2,458,819		$	18,248,980
Investment Income:
Reinvested Dividends		2,427			265,744			52,395			251,070
Investment Expense:
Mortality and Expense Risk and Administrative Charges		660			83,392			32,863			187,943
Net Investment Income (Loss)		1,767			182,352			19,532			63,127
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(2,380	)		(179,373	)		21,034			(719,659	)
Net Realized Capital Gains (Losses) on Investments		(2,380	)		(179,373	)		21,034			(719,659	)
Net Change in Unrealized Appreciation (Depreciation)		5,968			568,399			72,244			1,097,554
Net Gain (Loss) on Investment		3,588			389,026			93,278			377,895
Net Increase (Decrease) in Net Assets Resulting from Operations		5,355			571,378			112,810			441,022
Increase (Decrease) in Net Assets from Contract Transactions		5,175			(160,536	)		(131,986	)		(5,263,050	)
Total Increase (Decrease) in Net Assets		10,530			410,842			(19,176	)		(4,822,028	)
Net Assets as of December 31, 2023:	$	70,677		$	6,656,087		$	2,439,643		$	13,426,952
Investment Income:
Reinvested Dividends		3,859			349,379			53,645			241,134
Investment Expense:
Mortality and Expense Risk and Administrative Charges		956			92,885			36,256			172,875
Net Investment Income (Loss)		2,903			256,494			17,389			68,259
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(491	)		(107,328	)		66,466			253,541
Net Realized Capital Gains (Losses) on Investments		(491	)		(107,328	)		66,466			253,541
Net Change in Unrealized Appreciation (Depreciation)		1,991			261,816			283,272			1,619,289
Net Gain (Loss) on Investment		1,500			154,488			349,738			1,872,830
Net Increase (Decrease) in Net Assets Resulting from Operations		4,403			410,982			367,127			1,941,089
Increase (Decrease) in Net Assets from Contract Transactions		2,396			(88,159	)		(188,726	)		(2,531,865	)
Total Increase (Decrease) in Net Assets		6,799			322,823			178,401			(590,776	)
Net Assets as of December 31, 2024:	$	77,476		$	6,978,910		$	2,618,044		$	12,836,176

See Accompanying Notes. ⁽¹⁾ See Footnote 1 33

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA Aegon U.S. Government Securities Initial Class Subaccount			TA Aegon U.S. Government   Securities Service Class Subaccount			TA American Funds Managed Risk -  Balanced Service Class Subaccount			TA BlackRock Government Money Market Initial Class Subaccount
Net Assets as of December 31, 2022:	$	232,372		$	40,751,892		$	69,873,744		$	295,641
Investment Income:
Reinvested Dividends		3,960			519,742			1,484,780			12,508
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,854			508,398			898,962			3,685
Net Investment Income (Loss)		1,106			11,344			585,818			8,823
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			9,494,421			-
Realized Gain (Loss) on Investments		(35,467	)		(2,143,321	)		(461,836	)		-
Net Realized Capital Gains (Losses) on Investments		(35,467	)		(2,143,321	)		9,032,585			-
Net Change in Unrealized Appreciation (Depreciation)		34,570			2,990,359			(3,923,916	)		-
Net Gain (Loss) on Investment		(897	)		847,038			5,108,669			-
Net Increase (Decrease) in Net Assets Resulting from Operations		209			858,382			5,694,487			8,823
Increase (Decrease) in Net Assets from Contract Transactions		(89,212	)		(10,270,586	)		(8,137,024	)		(129,391	)
Total Increase (Decrease) in Net Assets		(89,003	)		(9,412,204	)		(2,442,537	)		(120,568	)
Net Assets as of December 31, 2023:	$	143,369		$	31,339,688		$	67,431,207		$	175,073
Investment Income:
Reinvested Dividends		5,205			691,513			1,071,602			8,460
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,974			335,639			902,860			2,400
Net Investment Income (Loss)		3,231			355,874			168,742			6,060
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			1,014,358			-
Realized Gain (Loss) on Investments		(1,178	)		(769,825	)		256,795			-
Net Realized Capital Gains (Losses) on Investments		(1,178	)		(769,825	)		1,271,153			-
Net Change in Unrealized Appreciation (Depreciation)		(3,582	)		132,513			6,797,976			-
Net Gain (Loss) on Investment		(4,760	)		(637,312	)		8,069,129			-
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,529	)		(281,438	)		8,237,871			6,060
Increase (Decrease) in Net Assets from Contract Transactions		(2,251	)		(13,770,203	)		(8,535,869	)		(14,620	)
Total Increase (Decrease) in Net Assets		(3,780	)		(14,051,641	)		(297,998	)		(8,560	)
Net Assets as of December 31, 2024:	$	139,589		$	17,288,047		$	67,133,209		$	166,513

See Accompanying Notes. ⁽¹⁾ See Footnote 1 34

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA BlackRock Government Money Market Service Class Subaccount			TA BlackRock iShares Active   Asset Allocation  - Conservative  Service Class Subaccount			TA BlackRock iShares Active  Asset Allocation - Moderate Service Class Subaccount			TA BlackRock iShares Active Asset Allocation - Moderate Growth  Service Class Subaccount
Net Assets as of December 31, 2022:	$	38,260,787		$	13,796,449		$	54,207,132		$	27,278,932
Investment Income:
Reinvested Dividends		1,729,592			217,216			793,977			397,781
Investment Expense:
Mortality and Expense Risk and Administrative Charges		496,943			185,115			716,632			396,666
Net Investment Income (Loss)		1,232,649			32,101			77,345			1,115
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		-			(515,798	)		(2,027,284	)		(558,131	)
Net Realized Capital Gains (Losses) on Investments		-			(515,798	)		(2,027,284	)		(558,131	)
Net Change in Unrealized Appreciation (Depreciation)		-			1,645,538			8,245,818			4,950,906
Net Gain (Loss) on Investment		-			1,129,740			6,218,534			4,392,775
Net Increase (Decrease) in Net Assets Resulting from Operations		1,232,649			1,161,841			6,295,879			4,393,890
Increase (Decrease) in Net Assets from Contract Transactions		(4,485,103	)		(159,788	)		9,614,858			(181,977	)
Total Increase (Decrease) in Net Assets		(3,252,454	)		1,002,053			15,910,737			4,211,913
Net Assets as of December 31, 2023:	$	35,008,333		$	14,798,502		$	70,117,869		$	31,490,845
Investment Income:
Reinvested Dividends		1,839,571			291,847			1,264,158			473,640
Investment Expense:
Mortality and Expense Risk and Administrative Charges		518,141			178,024			929,332			434,602
Net Investment Income (Loss)		1,321,430			113,823			334,826			39,038
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		-			(365,386	)		(907,166	)		308,297
Net Realized Capital Gains (Losses) on Investments		-			(365,386	)		(907,166	)		308,297
Net Change in Unrealized Appreciation (Depreciation)		-			939,474			5,811,985			2,914,943
Net Gain (Loss) on Investment		-			574,088			4,904,819			3,223,240
Net Increase (Decrease) in Net Assets Resulting from Operations		1,321,430			687,911			5,239,645			3,262,278
Increase (Decrease) in Net Assets from Contract Transactions		2,295,606			(2,795,888	)		(8,822,094	)		(5,166,437	)
Total Increase (Decrease) in Net Assets		3,617,036			(2,107,977	)		(3,582,449	)		(1,904,159	)
Net Assets as of December 31, 2024:	$	38,625,369		$	12,690,525		$	66,535,420		$	29,586,686

See Accompanying Notes. ⁽¹⁾ See Footnote 1 35

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA BlackRock iShares Dynamic Allocation - Balanced Service  Class Subaccount			TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class Subaccount			TA BlackRock iShares Edge 100  Service Class Subaccount			TA BlackRock iShares Edge 40 Initial Class Subaccount
Net Assets as of December 31, 2022:	$	55,054,334		$	33,238,713		$	4,385,091		$	54,677
Investment Income:
Reinvested Dividends		763,787			428,487			84,964			1,298
Investment Expense:
Mortality and Expense Risk and Administrative Charges		722,958			450,218			54,575			779
Net Investment Income (Loss)		40,829			(21,731	)		30,389			519
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			655,944			883
Realized Gain (Loss) on Investments		(1,343,419	)		(878,320	)		(40,931	)		(2	)
Net Realized Capital Gains (Losses) on Investments		(1,343,419	)		(878,320	)		615,013			881
Net Change in Unrealized Appreciation (Depreciation)		7,084,042			5,689,258			(61,983	)		2,967
Net Gain (Loss) on Investment		5,740,623			4,810,938			553,030			3,848
Net Increase (Decrease) in Net Assets Resulting from Operations		5,781,452			4,789,207			583,419			4,367
Increase (Decrease) in Net Assets from Contract Transactions		(6,316,565	)		(5,695,839	)		102,474			1,416
Total Increase (Decrease) in Net Assets		(535,113	)		(906,632	)		685,893			5,783
Net Assets as of December 31, 2023:	$	54,519,221		$	32,332,081		$	5,070,984		$	60,460
Investment Income:
Reinvested Dividends		1,016,771			506,769			73,659			1,748
Investment Expense:
Mortality and Expense Risk and Administrative Charges		701,755			433,663			69,577			896
Net Investment Income (Loss)		315,016			73,106			4,082			852
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			112,604			975
Realized Gain (Loss) on Investments		(569,295	)		237,841			130,786			53
Net Realized Capital Gains (Losses) on Investments		(569,295	)		237,841			243,390			1,028
Net Change in Unrealized Appreciation (Depreciation)		4,025,237			3,040,896			470,406			1,357
Net Gain (Loss) on Investment		3,455,942			3,278,737			713,796			2,385
Net Increase (Decrease) in Net Assets Resulting from Operations		3,770,958			3,351,843			717,878			3,237
Increase (Decrease) in Net Assets from Contract Transactions		(8,064,006	)		(5,802,180	)		(387,310	)		1,305
Total Increase (Decrease) in Net Assets		(4,293,048	)		(2,450,337	)		330,568			4,542
Net Assets as of December 31, 2024:	$	50,226,173		$	29,881,744		$	5,401,552		$	65,002

See Accompanying Notes. ⁽¹⁾ See Footnote 1 36

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA BlackRock iShares Edge 40 Service Class Subaccount			TA BlackRock iShares Edge 50  Service Class Subaccount			TA BlackRock iShares Edge 75  Service Class Subaccount			TA BlackRock iShares Tactical - Balanced Service Class Subaccount
Net Assets as of December 31, 2022:	$	22,245,506		$	36,127,328		$	16,990,510		$	23,146,317
Investment Income:
Reinvested Dividends		415,124			633,640			285,887			231,261
Investment Expense:
Mortality and Expense Risk and Administrative Charges		275,184			463,841			210,910			303,654
Net Investment Income (Loss)		139,940			169,799			74,977			(72,393	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		323,981			267,169			506,572			-
Realized Gain (Loss) on Investments		(620,400	)		75,444			146,106			(1,429,768	)
Net Realized Capital Gains (Losses) on Investments		(296,419	)		342,613			652,678			(1,429,768	)
Net Change in Unrealized Appreciation (Depreciation)		1,664,256			2,378,651			1,011,310			3,460,235
Net Gain (Loss) on Investment		1,367,837			2,721,264			1,663,988			2,030,467
Net Increase (Decrease) in Net Assets Resulting from Operations		1,507,777			2,891,063			1,738,965			1,958,074
Increase (Decrease) in Net Assets from Contract Transactions		(3,727,457	)		(1,962,133	)		(1,577,778	)		(3,100,188	)
Total Increase (Decrease) in Net Assets		(2,219,680	)		928,930			161,187			(1,142,114	)
Net Assets as of December 31, 2023:	$	20,025,826		$	37,056,258		$	17,151,697		$	22,004,203
Investment Income:
Reinvested Dividends		458,151			774,449			325,044			762,926
Investment Expense:
Mortality and Expense Risk and Administrative Charges		250,597			464,577			223,685			288,083
Net Investment Income (Loss)		207,554			309,872			101,359			474,843
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		283,588			512,930			485,392			-
Realized Gain (Loss) on Investments		(373,461	)		462,331			299,629			(672,247	)
Net Realized Capital Gains (Losses) on Investments		(89,873	)		975,261			785,021			(672,247	)
Net Change in Unrealized Appreciation (Depreciation)		835,858			1,006,854			755,095			1,695,157
Net Gain (Loss) on Investment		745,985			1,982,115			1,540,116			1,022,910
Net Increase (Decrease) in Net Assets Resulting from Operations		953,539			2,291,987			1,641,475			1,497,753
Increase (Decrease) in Net Assets from Contract Transactions		(3,124,617	)		(4,739,730	)		(1,813,247	)		(2,984,712	)
Total Increase (Decrease) in Net Assets		(2,171,078	)		(2,447,743	)		(171,772	)		(1,486,959	)
Net Assets as of December 31, 2024:	$	17,854,748		$	34,608,515		$	16,979,925		$	20,517,244

See Accompanying Notes. ⁽¹⁾ See Footnote 1 37

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA BlackRock iShares Tactical - Conservative Service Class Subaccount			TA BlackRock iShares Tactical -  Growth Service Class Subaccount			TA BlackRock Real Estate Securities  Initial Class Subaccount			TA BlackRock Real Estate Securities Service Class Subaccount
Net Assets as of December 31, 2022:	$	12,823,969		$	27,565,261		$	123,622		$	4,168,886
Investment Income:
Reinvested Dividends		143,197			244,918			626			218,693
Investment Expense:
Mortality and Expense Risk and Administrative Charges		156,452			369,193			1,062			57,822
Net Investment Income (Loss)		(13,255	)		(124,275	)		(436	)		160,871
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(633,576	)		(1,166,279	)		(33,314	)		(200,015	)
Net Realized Capital Gains (Losses) on Investments		(633,576	)		(1,166,279	)		(33,314	)		(200,015	)
Net Change in Unrealized Appreciation (Depreciation)		1,336,129			4,458,875			41,613			513,359
Net Gain (Loss) on Investment		702,553			3,292,596			8,299			313,344
Net Increase (Decrease) in Net Assets Resulting from Operations		689,298			3,168,321			7,863			474,215
Increase (Decrease) in Net Assets from Contract Transactions		(2,110,413	)		(3,337,520	)		(121,561	)		(100,306	)
Total Increase (Decrease) in Net Assets		(1,421,115	)		(169,199	)		(113,698	)		373,909
Net Assets as of December 31, 2023:	$	11,402,854		$	27,396,062		$	9,924		$	4,542,795
Investment Income:
Reinvested Dividends		391,391			940,042			217			76,951
Investment Expense:
Mortality and Expense Risk and Administrative Charges		144,631			355,469			138			61,712
Net Investment Income (Loss)		246,760			584,573			79			15,239
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(349,022	)		(894,955	)		(489	)		(135,295	)
Net Realized Capital Gains (Losses) on Investments		(349,022	)		(894,955	)		(489	)		(135,295	)
Net Change in Unrealized Appreciation (Depreciation)		629,221			2,863,369			428			103,230
Net Gain (Loss) on Investment		280,199			1,968,414			(61	)		(32,065	)
Net Increase (Decrease) in Net Assets Resulting from Operations		526,959			2,552,987			18			(16,826	)
Increase (Decrease) in Net Assets from Contract Transactions		(1,594,454	)		(4,152,104	)		(14	)		(294,368	)
Total Increase (Decrease) in Net Assets		(1,067,495	)		(1,599,117	)		4			(311,194	)
Net Assets as of December 31, 2024:	$	10,335,359		$	25,796,945		$	9,928		$	4,231,601

See Accompanying Notes. ⁽¹⁾ See Footnote 1 38

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA BlackRock Tactical Allocation Service Class Subaccount			TA Goldman Sachs 70/30  Service Class Subaccount			TA Goldman Sachs Managed Risk -  Balanced ETF Service Class Subaccount			TA Goldman Sachs Managed Risk - Conservative ETF Service Class Subaccount
Net Assets as of December 31, 2022:	$	65,699,204		$	625,167		$	286,693,830		$	47,111,552
Investment Income:
Reinvested Dividends		1,594,861			11,291			4,193,442			747,351
Investment Expense:
Mortality and Expense Risk and Administrative Charges		894,816			7,717			3,713,596			568,742
Net Investment Income (Loss)		700,045			3,574			479,846			178,609
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,365,686			12,409			19,376,844			2,000,652
Realized Gain (Loss) on Investments		(1,887,953	)		(3,404	)		(535,433	)		(739,585	)
Net Realized Capital Gains (Losses) on Investments		477,733			9,005			18,841,411			1,261,067
Net Change in Unrealized Appreciation (Depreciation)		6,905,277			83,405			12,267,557			2,398,955
Net Gain (Loss) on Investment		7,383,010			92,410			31,108,968			3,660,022
Net Increase (Decrease) in Net Assets Resulting from Operations		8,083,055			95,984			31,588,814			3,838,631
Increase (Decrease) in Net Assets from Contract Transactions		(8,780,815	)		37,122			(37,099,480	)		(10,419,590	)
Total Increase (Decrease) in Net Assets		(697,760	)		133,106			(5,510,666	)		(6,580,959	)
Net Assets as of December 31, 2023:	$	65,001,444		$	758,273		$	281,183,164		$	40,530,593
Investment Income:
Reinvested Dividends		951,993			17,900			6,019,940			969,300
Investment Expense:
Mortality and Expense Risk and Administrative Charges		888,686			15,891			3,616,462			512,861
Net Investment Income (Loss)		63,307			2,009			2,403,478			456,439
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			25,101			3,212,575			1,529,070
Realized Gain (Loss) on Investments		(668,164	)		217			2,790,943			(495,337	)
Net Realized Capital Gains (Losses) on Investments		(668,164	)		25,318			6,003,518			1,033,733
Net Change in Unrealized Appreciation (Depreciation)		7,267,685			97,916			12,107,723			583,218
Net Gain (Loss) on Investment		6,599,521			123,234			18,111,241			1,616,951
Net Increase (Decrease) in Net Assets Resulting from Operations		6,662,828			125,243			20,514,719			2,073,390
Increase (Decrease) in Net Assets from Contract Transactions		(11,889,414	)		581,540			(39,784,995	)		(5,641,175	)
Total Increase (Decrease) in Net Assets		(5,226,586	)		706,783			(19,270,276	)		(3,567,785	)
Net Assets as of December 31, 2024:	$	59,774,858		$	1,465,056		$	261,912,888		$	36,962,808

See Accompanying Notes. ⁽¹⁾ See Footnote 1 39

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA Goldman Sachs Managed Risk - Growth ETF Service Class Subaccount			TA Great Lakes Advisors Large Cap    Value Service Class Subaccount			TA International Focus    Initial Class Subaccount			TA International Focus   Service Class Subaccount
Net Assets as of December 31, 2022:	$	206,397,091		$	3,550,221		$	110,039		$	7,020,081
Investment Income:
Reinvested Dividends		2,962,030			38,673			2,295			125,115
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,822,218			47,534			1,282			92,687
Net Investment Income (Loss)		139,812			(8,861	)		1,013			32,428
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		5,420,453			205,978			-			-
Realized Gain (Loss) on Investments		(372,084	)		97,450			(2,984	)		(120,842	)
Net Realized Capital Gains (Losses) on Investments		5,048,369			303,428			(2,984	)		(120,842	)
Net Change in Unrealized Appreciation (Depreciation)		25,990,466			162,735			13,868			779,538
Net Gain (Loss) on Investment		31,038,835			466,163			10,884			658,696
Net Increase (Decrease) in Net Assets Resulting from Operations		31,178,647			457,302			11,897			691,124
Increase (Decrease) in Net Assets from Contract Transactions		(26,627,099	)		567,396			(28,974	)		(875,423	)
Total Increase (Decrease) in Net Assets		4,551,548			1,024,698			(17,077	)		(184,299	)
Net Assets as of December 31, 2023:	$	210,948,639		$	4,574,919		$	92,962		$	6,835,782
Investment Income:
Reinvested Dividends		3,816,560			46,799			2,010			143,548
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,861,618			63,019			980			91,350
Net Investment Income (Loss)		954,942			(16,220	)		1,030			52,198
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,566,435			236,231			2,769			221,142
Realized Gain (Loss) on Investments		5,339,490			84,426			(3,776	)		84,292
Net Realized Capital Gains (Losses) on Investments		7,905,925			320,657			(1,007	)		305,434
Net Change in Unrealized Appreciation (Depreciation)		14,578,521			419,902			(561	)		(539,090	)
Net Gain (Loss) on Investment		22,484,446			740,559			(1,568	)		(233,656	)
Net Increase (Decrease) in Net Assets Resulting from Operations		23,439,388			724,339			(538	)		(181,458	)
Increase (Decrease) in Net Assets from Contract Transactions		(33,677,271	)		162,437			(28,969	)		78,941
Total Increase (Decrease) in Net Assets		(10,237,883	)		886,776			(29,507	)		(102,517	)
Net Assets as of December 31, 2024:	$	200,710,756		$	5,461,695		$	63,455		$	6,733,265

See Accompanying Notes. ⁽¹⁾ See Footnote 1 40

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA Janus Balanced Service Class Subaccount			TA Janus Mid-Cap Growth Initial  Class Subaccount			TA Janus Mid-Cap Growth Service  Class Subaccount			TA JPMorgan Asset Allocation -  Conservative Initial Class Subaccount
Net Assets as of December 31, 2022:	$	87,897,937		$	23,552		$	18,170,802		$	22,128
Investment Income:
Reinvested Dividends		1,010,071			-			-			509
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,201,044			201			224,169			309
Net Investment Income (Loss)		(190,973	)		(201	)		(224,169	)		200
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,600,092			4,424			3,000,152			-
Realized Gain (Loss) on Investments		959,088			63			(1,282,101	)		(90	)
Net Realized Capital Gains (Losses) on Investments		3,559,180			4,487			1,718,051			(90	)
Net Change in Unrealized Appreciation (Depreciation)		7,852,746			(520	)		958,591			1,123
Net Gain (Loss) on Investment		11,411,926			3,967			2,676,642			1,033
Net Increase (Decrease) in Net Assets Resulting from Operations		11,220,953			3,766			2,452,473			1,233
Increase (Decrease) in Net Assets from Contract Transactions		(8,656,349	)		(189	)		(3,896,750	)		-
Total Increase (Decrease) in Net Assets		2,564,604			3,577			(1,444,277	)		1,233
Net Assets as of December 31, 2023:	$	90,462,541		$	27,129		$	16,726,525		$	23,361
Investment Income:
Reinvested Dividends		1,546,315			43			-			494
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,239,501			257			221,915			336
Net Investment Income (Loss)		306,814			(214	)		(221,915	)		158
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,105,328			1,937			1,039,296			-
Realized Gain (Loss) on Investments		2,289,586			107			(975,427	)		(69	)
Net Realized Capital Gains (Losses) on Investments		4,394,914			2,044			63,869			(69	)
Net Change in Unrealized Appreciation (Depreciation)		6,779,878			2,047			2,138,585			905
Net Gain (Loss) on Investment		11,174,792			4,091			2,202,454			836
Net Increase (Decrease) in Net Assets Resulting from Operations		11,481,606			3,877			1,980,539			994
Increase (Decrease) in Net Assets from Contract Transactions		(15,670,902	)		2,978			(2,169,564	)		-
Total Increase (Decrease) in Net Assets		(4,189,296	)		6,855			(189,025	)		994
Net Assets as of December 31, 2024:	$	86,273,245		$	33,984		$	16,537,500		$	24,355

See Accompanying Notes. ⁽¹⁾ See Footnote 1 41

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA JPMorgan Asset Allocation- Conservative Service Class Subaccount			TA JPMorgan Asset Allocation -  Growth Initial Class Subaccount			TA JPMorgan Asset Allocation -  Growth Service Class Subaccount			TA JPMorgan Asset Allocation - Moderate Initial Class Subaccount
Net Assets as of December 31, 2022:	$	45,998,177		$	45,632		$	10,831,416		$	374,549
Investment Income:
Reinvested Dividends		838,331			2,274			176,797			3,633
Investment Expense:
Mortality and Expense Risk and Administrative Charges		558,310			1,158			162,038			4,115
Net Investment Income (Loss)		280,021			1,116			14,759			(482	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			1,854			170,313			1,312
Realized Gain (Loss) on Investments		(2,467,938	)		(16	)		(212,742	)		(44,178	)
Net Realized Capital Gains (Losses) on Investments		(2,467,938	)		1,838			(42,429	)		(42,866	)
Net Change in Unrealized Appreciation (Depreciation)		4,370,779			9,098			2,065,712			63,370
Net Gain (Loss) on Investment		1,902,841			10,936			2,023,283			20,504
Net Increase (Decrease) in Net Assets Resulting from Operations		2,182,862			12,052			2,038,042			20,022
Increase (Decrease) in Net Assets from Contract Transactions		(7,538,580	)		86,655			1,272,615			(212,823	)
Total Increase (Decrease) in Net Assets		(5,355,718	)		98,707			3,310,657			(192,801	)
Net Assets as of December 31, 2023:	$	40,642,459		$	144,339		$	14,142,073		$	181,748
Investment Income:
Reinvested Dividends		656,136			803			176,033			3,027
Investment Expense:
Mortality and Expense Risk and Administrative Charges		492,879			1,591			209,274			2,655
Net Investment Income (Loss)		163,257			(788	)		(33,241	)		372
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			1,120			293,569			-
Realized Gain (Loss) on Investments		(1,485,331	)		11,794			(138,862	)		(349	)
Net Realized Capital Gains (Losses) on Investments		(1,485,331	)		12,914			154,707			(349	)
Net Change in Unrealized Appreciation (Depreciation)		2,875,144			7,250			1,922,344			11,832
Net Gain (Loss) on Investment		1,389,813			20,164			2,077,051			11,483
Net Increase (Decrease) in Net Assets Resulting from Operations		1,553,070			19,376			2,043,810			11,855
Increase (Decrease) in Net Assets from Contract Transactions		(7,115,509	)		(101,564	)		(476,159	)		-
Total Increase (Decrease) in Net Assets		(5,562,439	)		(82,188	)		1,567,651			11,855
Net Assets as of December 31, 2024:	$	35,080,020		$	62,151		$	15,709,724		$	193,603

See Accompanying Notes. ⁽¹⁾ See Footnote 1 42

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA JPMorgan Asset Allocation -  Moderate Service Class Subaccount			TA JPMorgan Asset Allocation -  Moderate Growth Initial Class Subaccount			TA JPMorgan Asset Allocation -  Moderate Growth Service Class Subaccount			TA JPMorgan Enhanced Index Initial Class Subaccount
Net Assets as of December 31, 2022:	$	257,810,652		$	50,522		$	142,673,968		$	678,019
Investment Income:
Reinvested Dividends		4,599,733			1,048			2,435,827			6,137
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,355,081			643			1,938,430			10,322
Net Investment Income (Loss)		1,244,652			405			497,397			(4,185	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,922,049			2,319			6,299,991			35,307
Realized Gain (Loss) on Investments		(6,041,371	)		(12,166	)		(6,536,477	)		4,786
Net Realized Capital Gains (Losses) on Investments		(4,119,322	)		(9,847	)		(236,486	)		40,093
Net Change in Unrealized Appreciation (Depreciation)		20,442,784			11,186			13,444,816			136,505
Net Gain (Loss) on Investment		16,323,462			1,339			13,208,330			176,598
Net Increase (Decrease) in Net Assets Resulting from Operations		17,568,114			1,744			13,705,727			172,413
Increase (Decrease) in Net Assets from Contract Transactions		(26,468,737	)		(39,053	)		(21,168,511	)		(27,703	)
Total Increase (Decrease) in Net Assets		(8,900,623	)		(37,309	)		(7,462,784	)		144,710
Net Assets as of December 31, 2023:	$	248,910,029		$	13,213		$	135,211,184		$	822,729
Investment Income:
Reinvested Dividends		3,247,117			172			1,296,930			6,137
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,284,932			196			1,857,658			12,830
Net Investment Income (Loss)		(37,815	)		(24	)		(560,728	)		(6,693	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			30,245
Realized Gain (Loss) on Investments		(3,064,679	)		22			(4,004,041	)		13,602
Net Realized Capital Gains (Losses) on Investments		(3,064,679	)		22			(4,004,041	)		43,847
Net Change in Unrealized Appreciation (Depreciation)		17,993,936			1,259			16,454,012			146,046
Net Gain (Loss) on Investment		14,929,257			1,281			12,449,971			189,893
Net Increase (Decrease) in Net Assets Resulting from Operations		14,891,442			1,257			11,889,243			183,200
Increase (Decrease) in Net Assets from Contract Transactions		(30,135,903	)		(36	)		(18,666,050	)		(30,370	)
Total Increase (Decrease) in Net Assets		(15,244,461	)		1,221			(6,776,807	)		152,830
Net Assets as of December 31, 2024:	$	233,665,568		$	14,434		$	128,434,377		$	975,559

See Accompanying Notes. ⁽¹⁾ See Footnote 1 43

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA JPMorgan Enhanced Index Service Class Subaccount			TA JPMorgan International  Moderate Growth Service Class  Subaccount			TA JPMorgan Tactical Allocation  Service Class Subaccount			TA Madison Diversified Income Service Class Subaccount
Net Assets as of December 31, 2022:	$	6,778,045		$	29,893,551		$	77,760,428		$	6,103,534
Investment Income:
Reinvested Dividends		68,696			384,553			1,141,239			114,466
Investment Expense:
Mortality and Expense Risk and Administrative Charges		129,027			396,438			979,662			74,403
Net Investment Income (Loss)		(60,331	)		(11,885	)		161,577			40,063
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		553,215			-			-			256,047
Realized Gain (Loss) on Investments		246,538			(469,507	)		(4,651,341	)		(219,641	)
Net Realized Capital Gains (Losses) on Investments		799,753			(469,507	)		(4,651,341	)		36,406
Net Change in Unrealized Appreciation (Depreciation)		1,476,884			2,486,100			9,183,799			60,130
Net Gain (Loss) on Investment		2,276,637			2,016,593			4,532,458			96,536
Net Increase (Decrease) in Net Assets Resulting from Operations		2,216,306			2,004,708			4,694,035			136,599
Increase (Decrease) in Net Assets from Contract Transactions		5,513,148			(3,294,878	)		(19,840,027	)		(587,164	)
Total Increase (Decrease) in Net Assets		7,729,454			(1,290,170	)		(15,145,992	)		(450,565	)
Net Assets as of December 31, 2023:	$	14,507,499		$	28,603,381		$	62,614,436		$	5,652,969
Investment Income:
Reinvested Dividends		77,976			578,060			1,393,985			139,591
Investment Expense:
Mortality and Expense Risk and Administrative Charges		224,286			378,403			789,999			72,797
Net Investment Income (Loss)		(146,310	)		199,657			603,986			66,794
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		538,674			-			-			-
Realized Gain (Loss) on Investments		1,021,853			(473,070	)		(1,142,409	)		(132,730	)
Net Realized Capital Gains (Losses) on Investments		1,560,527			(473,070	)		(1,142,409	)		(132,730	)
Net Change in Unrealized Appreciation (Depreciation)		1,736,748			505,788			2,182,074			185,442
Net Gain (Loss) on Investment		3,297,275			32,718			1,039,665			52,712
Net Increase (Decrease) in Net Assets Resulting from Operations		3,150,965			232,375			1,643,651			119,506
Increase (Decrease) in Net Assets from Contract Transactions		4,528,315			(4,083,994	)		(7,545,963	)		(236,803	)
Total Increase (Decrease) in Net Assets		7,679,280			(3,851,619	)		(5,902,312	)		(117,297	)
Net Assets as of December 31, 2024:	$	22,186,779		$	24,751,762		$	56,712,124		$	5,535,672

See Accompanying Notes. ⁽¹⁾ See Footnote 1 44

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA Market Participation Strategy Service Class Subaccount			TA Morgan Stanley Global Allocation  Service Class Subaccount			TA Morgan Stanley Global Allocation  Managed Risk - Balanced  Service Class  Subaccount			TA MSCI EAFE Index Service Class Subaccount
Net Assets as of December 31, 2022:	$	22,456,775		$	47,955,015		$	12,954,864		$	5,789,335
Investment Income:
Reinvested Dividends		87,855			-			2,323,225			159,179
Investment Expense:
Mortality and Expense Risk and Administrative Charges		307,503			644,372			160,683			90,482
Net Investment Income (Loss)		(219,648	)		(644,372	)		2,162,542			68,697
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			1,726,581			-			-
Realized Gain (Loss) on Investments		(822,436	)		(1,198,120	)		(623,221	)		57,766
Net Realized Capital Gains (Losses) on Investments		(822,436	)		528,461			(623,221	)		57,766
Net Change in Unrealized Appreciation (Depreciation)		3,145,857			5,570,206			(634,363	)		856,508
Net Gain (Loss) on Investment		2,323,421			6,098,667			(1,257,584	)		914,274
Net Increase (Decrease) in Net Assets Resulting from Operations		2,103,773			5,454,295			904,958			982,971
Increase (Decrease) in Net Assets from Contract Transactions		(2,479,045	)		(5,709,260	)		(1,501,460	)		1,389,973
Total Increase (Decrease) in Net Assets		(375,272	)		(254,965	)		(596,502	)		2,372,944
Net Assets as of December 31, 2023:	$	22,081,503		$	47,700,050		$	12,358,362		$	8,162,279
Investment Income:
Reinvested Dividends		341,585			2,148,446			-			222,923
Investment Expense:
Mortality and Expense Risk and Administrative Charges		315,748			642,043			155,488			127,252
Net Investment Income (Loss)		25,837			1,506,403			(155,488	)		95,671
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(394,546	)		(500,328	)		(804,313	)		134,690
Net Realized Capital Gains (Losses) on Investments		(394,546	)		(500,328	)		(804,313	)		134,690
Net Change in Unrealized Appreciation (Depreciation)		3,184,987			1,480,692			1,405,641			(139,613	)
Net Gain (Loss) on Investment		2,790,441			980,364			601,328			(4,923	)
Net Increase (Decrease) in Net Assets Resulting from Operations		2,816,278			2,486,767			445,840			90,748
Increase (Decrease) in Net Assets from Contract Transactions		(2,907,005	)		(4,772,240	)		(1,437,098	)		1,850,422
Total Increase (Decrease) in Net Assets		(90,727	)		(2,285,473	)		(991,258	)		1,941,170
Net Assets as of December 31, 2024:	$	21,990,776		$	45,414,577		$	11,367,104		$	10,103,449

See Accompanying Notes. ⁽¹⁾ See Footnote 1 45

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA Multi-Managed Balanced Initial Class Subaccount			TA Multi-Managed Balanced  Service Class Subaccount			TA PineBridge Inflation  Opportunities Service Class Subaccount			TA ProFunds UltraBear Service Class (OAM) Subaccount
Net Assets as of December 31, 2022:	$	38,852		$	99,389,292		$	12,822,182		$	-
Investment Income:
Reinvested Dividends		669			1,345,074			633,232			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		581			1,322,747			159,822			-
Net Investment Income (Loss)		88			22,327			473,410			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,413			3,440,245			-			-
Realized Gain (Loss) on Investments		52			509,063			(210,902	)		-
Net Realized Capital Gains (Losses) on Investments		1,465			3,949,308			(210,902	)		-
Net Change in Unrealized Appreciation (Depreciation)		5,091			11,732,214			208,145			-
Net Gain (Loss) on Investment		6,556			15,681,522			(2,757	)		-
Net Increase (Decrease) in Net Assets Resulting from Operations		6,644			15,703,849			470,653			-
Increase (Decrease) in Net Assets from Contract Transactions		(2	)		(15,422,770	)		(1,777,961	)		-
Total Increase (Decrease) in Net Assets		6,642			281,079			(1,307,308	)		-
Net Assets as of December 31, 2023:	$	45,494		$	99,670,371		$	11,514,874		$	-
Investment Income:
Reinvested Dividends		965			1,624,120			358,507			15,706
Investment Expense:
Mortality and Expense Risk and Administrative Charges		690			1,290,557			147,217			3,157
Net Investment Income (Loss)		275			333,563			211,290			12,549
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,104			4,073,360			-			-
Realized Gain (Loss) on Investments		134			2,385,015			(111,262	)		(36,786	)
Net Realized Capital Gains (Losses) on Investments		2,238			6,458,375			(111,262	)		(36,786	)
Net Change in Unrealized Appreciation (Depreciation)		3,558			5,270,602			(50,785	)		(29,414	)
Net Gain (Loss) on Investment		5,796			11,728,977			(162,047	)		(66,200	)
Net Increase (Decrease) in Net Assets Resulting from Operations		6,071			12,062,540			49,243			(53,651	)
Increase (Decrease) in Net Assets from Contract Transactions		-			(20,838,234	)		(1,328,241	)		381,801
Total Increase (Decrease) in Net Assets		6,071			(8,775,694	)		(1,278,998	)		328,150
Net Assets as of December 31, 2024:	$	51,565		$	90,894,677		$	10,235,876		$	328,150

See Accompanying Notes. ⁽¹⁾ See Footnote 1 46

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA S&P 500 Index Initial Class Subaccount		TA S&P 500 Index Service Class  Subaccount			TA Small/Mid Cap Value Initial Class  Subaccount			TA Small/Mid Cap Value Service Class Subaccount
Net Assets as of December 31, 2022:	$	-	$	61,931,334		$	3,115,955		$	13,381,238
Investment Income:
Reinvested Dividends		-		724,209			32,514			115,811
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		1,023,717			42,345			181,722
Net Investment Income (Loss)		-		(299,508	)		(9,831	)		(65,911	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		1,056,034			299,064			1,415,945
Realized Gain (Loss) on Investments		-		2,697,900			15,628			(25,154	)
Net Realized Capital Gains (Losses) on Investments		-		3,753,934			314,692			1,390,791
Net Change in Unrealized Appreciation (Depreciation)		-		12,998,826			25,589			99,424
Net Gain (Loss) on Investment		-		16,752,760			340,281			1,490,215
Net Increase (Decrease) in Net Assets Resulting from Operations		-		16,453,252			330,450			1,424,304
Increase (Decrease) in Net Assets from Contract Transactions		-		14,288,875			(189,188	)		55,430
Total Increase (Decrease) in Net Assets		-		30,742,127			141,262			1,479,734
Net Assets as of December 31, 2023:	$	-	$	92,673,461		$	3,257,217		$	14,860,972
Investment Income:
Reinvested Dividends		-		939,144			32,295			128,996
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		1,599,609			46,801			208,940
Net Investment Income (Loss)		-		(660,465	)		(14,506	)		(79,944	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		2,292,601			108,076			566,139
Realized Gain (Loss) on Investments		-		4,527,295			5,241			264,362
Net Realized Capital Gains (Losses) on Investments		-		6,819,896			113,317			830,501
Net Change in Unrealized Appreciation (Depreciation)		-		17,094,114			141,556			394,713
Net Gain (Loss) on Investment		-		23,914,010			254,873			1,225,214
Net Increase (Decrease) in Net Assets Resulting from Operations		-		23,253,545			240,367			1,145,270
Increase (Decrease) in Net Assets from Contract Transactions		-		21,602,864			(6,445	)		(401,973	)
Total Increase (Decrease) in Net Assets		-		44,856,409			233,922			743,297
Net Assets as of December 31, 2024:	$	-	$	137,529,870		$	3,491,139		$	15,604,269

See Accompanying Notes. ⁽¹⁾ See Footnote 1 47

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA T. Rowe Price Small Cap  Initial Class Subaccount			TA T. Rowe Price Small Cap  Service Class Subaccount			TA TSW International Equity  Initial Class Subaccount			TA TSW International Equity Service Class Subaccount
Net Assets as of December 31, 2022:	$	109,771		$	35,520,926		$	501,132		$	5,789,335
Investment Income:
Reinvested Dividends		-			-			5,666			53,542
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,441			477,967			7,297			86,897
Net Investment Income (Loss)		(1,441	)		(477,967	)		(1,631	)		(33,355	)
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		4,428			1,602,182			-			-
Realized Gain (Loss) on Investments		(4,520	)		(5,101,534	)		7,763			692
Net Realized Capital Gains (Losses) on Investments		(92	)		(3,499,352	)		7,763			692
Net Change in Unrealized Appreciation (Depreciation)		21,717			10,374,275			62,829			831,767
Net Gain (Loss) on Investment		21,625			6,874,923			70,592			832,459
Net Increase (Decrease) in Net Assets Resulting from Operations		20,184			6,396,956			68,961			799,104
Increase (Decrease) in Net Assets from Contract Transactions		57			(4,215,299	)		(36,740	)		226,062
Total Increase (Decrease) in Net Assets		20,241			2,181,657			32,221			1,025,166
Net Assets as of December 31, 2023:	$	130,012		$	37,702,583		$	533,353		$	6,814,501
Investment Income:
Reinvested Dividends		-			-			15,922			225,207
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,804			523,643			7,538			108,298
Net Investment Income (Loss)		(1,804	)		(523,643	)		8,384			116,909
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		5,091			1,609,730			-			-
Realized Gain (Loss) on Investments		(3,935	)		(3,174,195	)		4,366			91,425
Net Realized Capital Gains (Losses) on Investments		1,156			(1,564,465	)		4,366			91,425
Net Change in Unrealized Appreciation (Depreciation)		16,040			6,280,021			(2,806	)		(128,419	)
Net Gain (Loss) on Investment		17,196			4,715,556			1,560			(36,994	)
Net Increase (Decrease) in Net Assets Resulting from Operations		15,392			4,191,913			9,944			79,915
Increase (Decrease) in Net Assets from Contract Transactions		(17,876	)		(3,651,595	)		(15,165	)		1,368,964
Total Increase (Decrease) in Net Assets		(2,484	)		540,318			(5,221	)		1,448,879
Net Assets as of December 31, 2024:	$	127,528		$	38,242,901		$	528,132		$	8,263,380

See Accompanying Notes. ⁽¹⁾ See Footnote 1 48

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	TA TSW Mid Cap Value  Opportunities Service Class  Subaccount			TA WMC US Growth Initial Class  Subaccount			TA WMC US Growth Service Class  Subaccount			Vanguard® Balanced   Subaccount
Net Assets as of December 31, 2022:	$	16,367,710		$	3,768,623		$	28,570,545		$	1,623,749
Investment Income:
Reinvested Dividends		176,037			2,385			-			34,875
Investment Expense:
Mortality and Expense Risk and Administrative Charges		201,948			74,136			774,069			34,221
Net Investment Income (Loss)		(25,911	)		(71,751	)		(774,069	)		654
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,327,016			167,951			2,109,670			67,585
Realized Gain (Loss) on Investments		(29,818	)		93,366			(1,975,035	)		(14,856	)
Net Realized Capital Gains (Losses) on Investments		1,297,198			261,317			134,635			52,729
Net Change in Unrealized Appreciation (Depreciation)		(132,343	)		1,562,059			19,171,170			261,393
Net Gain (Loss) on Investment		1,164,855			1,823,376			19,305,805			314,122
Net Increase (Decrease) in Net Assets Resulting from Operations		1,138,944			1,751,625			18,531,736			314,776
Increase (Decrease) in Net Assets from Contract Transactions		(3,458,419	)		1,101,760			33,058,690			1,106,754
Total Increase (Decrease) in Net Assets		(2,319,475	)		2,853,385			51,590,426			1,421,530
Net Assets as of December 31, 2023:	$	14,048,235		$	6,622,008		$	80,160,971		$	3,045,279
Investment Income:
Reinvested Dividends		166,462			831			-			73,846
Investment Expense:
Mortality and Expense Risk and Administrative Charges		184,174			103,174			1,158,795			58,252
Net Investment Income (Loss)		(17,712	)		(102,343	)		(1,158,795	)		15,594
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,231,452			676,805			8,294,958			159,716
Realized Gain (Loss) on Investments		(224,875	)		75,462			608,088			68,657
Net Realized Capital Gains (Losses) on Investments		2,006,577			752,267			8,903,046			228,373
Net Change in Unrealized Appreciation (Depreciation)		(1,100,673	)		1,112,115			12,874,002			144,182
Net Gain (Loss) on Investment		905,904			1,864,382			21,777,048			372,555
Net Increase (Decrease) in Net Assets Resulting from Operations		888,192			1,762,039			20,618,253			388,149
Increase (Decrease) in Net Assets from Contract Transactions		(1,763,581	)		(264,275	)		(9,929,282	)		(287,134	)
Total Increase (Decrease) in Net Assets		(875,389	)		1,497,764			10,688,971			101,015
Net Assets as of December 31, 2024:	$	13,172,846		$	8,119,772		$	90,849,942		$	3,146,294

See Accompanying Notes. ⁽¹⁾ See Footnote 1 49

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Vanguard® Capital Growth  Subaccount		Vanguard® Conservative Allocation  Subaccount			Vanguard® Diversified Value   Subaccount		Vanguard® Equity Income  Subaccount
Net Assets as of December 31, 2022:	$	-	$	384,601		$	-	$	-
Investment Income:
Reinvested Dividends		-		7,714			-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		7,062			-		-
Net Investment Income (Loss)		-		652			-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		9,984			-		-
Realized Gain (Loss) on Investments		-		(9,285	)		-		-
Net Realized Capital Gains (Losses) on Investments		-		699			-		-
Net Change in Unrealized Appreciation (Depreciation)		-		38,279			-		-
Net Gain (Loss) on Investment		-		38,978			-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		39,630			-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		192			-		-
Total Increase (Decrease) in Net Assets		-		39,822			-		-
Net Assets as of December 31, 2023:	$	-	$	424,423		$	-	$	-
Investment Income:
Reinvested Dividends		-		11,745			-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		8,160			-		-
Net Investment Income (Loss)		-		3,585			-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		9,955			-		-
Realized Gain (Loss) on Investments		-		(699	)		-		-
Net Realized Capital Gains (Losses) on Investments		-		9,256			-		-
Net Change in Unrealized Appreciation (Depreciation)		-		12,296			-		-
Net Gain (Loss) on Investment		-		21,552			-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		25,137			-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		38,246			-		-
Total Increase (Decrease) in Net Assets		-		63,383			-		-
Net Assets as of December 31, 2024:	$	-	$	487,806		$	-	$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 50

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Vanguard® Equity Index   Subaccount		Vanguard® Global Bond Index   Subaccount		Vanguard® Growth   Subaccount		Vanguard® High Yield Bond   Subaccount
Net Assets as of December 31, 2022:	$	-	$	-	$	-	$	-
Investment Income:
Reinvested Dividends		-		-		-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		-		-
Net Investment Income (Loss)		-		-		-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		-		-
Realized Gain (Loss) on Investments		-		-		-		-
Net Realized Capital Gains (Losses) on Investments		-		-		-		-
Net Change in Unrealized Appreciation (Depreciation)		-		-		-		-
Net Gain (Loss) on Investment		-		-		-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		-		-		-
Total Increase (Decrease) in Net Assets		-		-		-		-
Net Assets as of December 31, 2023:	$	-	$	-	$	-	$	-
Investment Income:
Reinvested Dividends		-		-		-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		-		-
Net Investment Income (Loss)		-		-		-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		-		-
Realized Gain (Loss) on Investments		-		-		-		-
Net Realized Capital Gains (Losses) on Investments		-		-		-		-
Net Change in Unrealized Appreciation (Depreciation)		-		-		-		-
Net Gain (Loss) on Investment		-		-		-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		-		-		-
Total Increase (Decrease) in Net Assets		-		-		-		-
Net Assets as of December 31, 2024:	$	-	$	-	$	-	$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 51

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Vanguard® International  Subaccount			Vanguard® Mid-Cap  Index  Subaccount			Vanguard® Moderate Allocation  Subaccount			Vanguard® Money Market  Subaccount
Net Assets as of December 31, 2022:	$	301,351		$	1,767,025		$	1,253,427		$	-
Investment Income:
Reinvested Dividends		4,948			27,220			31,272			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,615			41,613			28,349			-
Net Investment Income (Loss)		1,333			(14,393	)		2,923			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		10,669			34,159			49,842			-
Realized Gain (Loss) on Investments		(4,912	)		(15,077	)		(61,691	)		-
Net Realized Capital Gains (Losses) on Investments		5,757			19,082			(11,849	)		-
Net Change in Unrealized Appreciation (Depreciation)		33,903			526,337			222,448			-
Net Gain (Loss) on Investment		39,660			545,419			210,599			-
Net Increase (Decrease) in Net Assets Resulting from Operations		40,993			531,026			213,522			-
Increase (Decrease) in Net Assets from Contract Transactions		13,758			2,416,747			484,158			-
Total Increase (Decrease) in Net Assets		54,751			2,947,773			697,680			-
Net Assets as of December 31, 2023:	$	356,102		$	4,714,798		$	1,951,107		$	-
Investment Income:
Reinvested Dividends		4,463			73,050			48,161			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		4,006			97,302			40,715			-
Net Investment Income (Loss)		457			(24,252	)		7,446			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		11,815			60,881			39,160			-
Realized Gain (Loss) on Investments		(3,008	)		233,562			(9,600	)		-
Net Realized Capital Gains (Losses) on Investments		8,807			294,443			29,560			-
Net Change in Unrealized Appreciation (Depreciation)		18,384			474,279			127,593			-
Net Gain (Loss) on Investment		27,191			768,722			157,153			-
Net Increase (Decrease) in Net Assets Resulting from Operations		27,648			744,470			164,599			-
Increase (Decrease) in Net Assets from Contract Transactions		(18,081	)		847,267			230,174			-
Total Increase (Decrease) in Net Assets		9,567			1,591,737			394,773			-
Net Assets as of December 31, 2024:	$	365,669		$	6,306,535		$	2,345,880		$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 52

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Vanguard® Real Estate Index  Subaccount			Vanguard® Short-Term Investment  Grade Subaccount			Vanguard® Total Bond Market  Index Subaccount			Vanguard® Total International Stock Market Index Subaccount
Net Assets as of December 31, 2022:	$	19,713		$	205,422		$	92,694		$	-
Investment Income:
Reinvested Dividends		486			4,286			2,296			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		218			4,338			866			-
Net Investment Income (Loss)		268			(52	)		1,430			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		916			-			-			-
Realized Gain (Loss) on Investments		(80	)		(2,043	)		(507	)		-
Net Realized Capital Gains (Losses) on Investments		836			(2,043	)		(507	)		-
Net Change in Unrealized Appreciation (Depreciation)		7,946			47,318			4,251			-
Net Gain (Loss) on Investment		8,782			45,275			3,744			-
Net Increase (Decrease) in Net Assets Resulting from Operations		9,050			45,223			5,174			-
Increase (Decrease) in Net Assets from Contract Transactions		45,980			916,790			24,716			-
Total Increase (Decrease) in Net Assets		55,030			962,013			29,890			-
Net Assets as of December 31, 2023:	$	74,743		$	1,167,435		$	122,584		$	-
Investment Income:
Reinvested Dividends		2,408			42,339			3,251			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		613			9,552			1,022			-
Net Investment Income (Loss)		1,795			32,787			2,229			-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,031			-			-			-
Realized Gain (Loss) on Investments		424			(2,470	)		(149	)		-
Net Realized Capital Gains (Losses) on Investments		2,455			(2,470	)		(149	)		-
Net Change in Unrealized Appreciation (Depreciation)		(1,116	)		16,470			(1,398	)		-
Net Gain (Loss) on Investment		1,339			14,000			(1,547	)		-
Net Increase (Decrease) in Net Assets Resulting from Operations		3,134			46,787			682			-
Increase (Decrease) in Net Assets from Contract Transactions		(1,778	)		(14,519	)		10,741			-
Total Increase (Decrease) in Net Assets		1,356			32,268			11,423			-
Net Assets as of December 31, 2024:	$	76,099		$	1,199,703		$	134,007		$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 53

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Vanguard® Total Stock Market  Index Subaccount		Voya Global Perspectives Class S  Shares Subaccount		Voya LargeCap Value Class S  Shares Subaccount		Wanger Acorn   Subaccount
Net Assets as of December 31, 2022:	$	-	$	-	$	-	$	-
Investment Income:
Reinvested Dividends		-		-		-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		-		-
Net Investment Income (Loss)		-		-		-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		-		-
Realized Gain (Loss) on Investments		-		-		-		-
Net Realized Capital Gains (Losses) on Investments		-		-		-		-
Net Change in Unrealized Appreciation (Depreciation)		-		-		-		-
Net Gain (Loss) on Investment		-		-		-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		-		-		-
Total Increase (Decrease) in Net Assets		-		-		-		-
Net Assets as of December 31, 2023:	$	-	$	-	$	-	$	-
Investment Income:
Reinvested Dividends		-		-		-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		-		-		-
Net Investment Income (Loss)		-		-		-		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-		-		-
Realized Gain (Loss) on Investments		-		-		-		-
Net Realized Capital Gains (Losses) on Investments		-		-		-		-
Net Change in Unrealized Appreciation (Depreciation)		-		-		-		-
Net Gain (Loss) on Investment		-		-		-		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-		-		-		-
Increase (Decrease) in Net Assets from Contract Transactions		-		-		-		-
Total Increase (Decrease) in Net Assets		-		-		-		-
Net Assets as of December 31, 2024:	$	-	$	-	$	-	$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 54

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2024 and 2023

	Wanger International      Subaccount
Net Assets as of December 31, 2022:	$	-
Investment Income:
Reinvested Dividends		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-
Net Investment Income (Loss)		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-
Realized Gain (Loss) on Investments		-
Net Realized Capital Gains (Losses) on Investments		-
Net Change in Unrealized Appreciation (Depreciation)		-
Net Gain (Loss) on Investment		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-
Increase (Decrease) in Net Assets from Contract Transactions		-
Total Increase (Decrease) in Net Assets		-
Net Assets as of December 31, 2023:	$	-
Investment Income:
Reinvested Dividends		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-
Net Investment Income (Loss)		-
Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-
Realized Gain (Loss) on Investments		-
Net Realized Capital Gains (Losses) on Investments		-
Net Change in Unrealized Appreciation (Depreciation)		-
Net Gain (Loss) on Investment		-
Net Increase (Decrease) in Net Assets Resulting from Operations		-
Increase (Decrease) in Net Assets from Contract Transactions		-
Total Increase (Decrease) in Net Assets		-
Net Assets as of December 31, 2024:	$	-

See Accompanying Notes. ⁽¹⁾ See Footnote 1 55

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

1.  Organization

Separate Account VA BNY (the Separate Account) is a segregated investment account of Transamerica Financial Life Insurance Company (TFLIC), an indirect wholly owned subsidiary of Aegon Ltd., a holding company organized under the laws of the Bermuda.

The Separate Account is registered with the Securities and Exchange Commission as a Unit Investment Trust pursuant to provisions of the Investment Company Act of 1940. TFLIC and the Separate Account are regulated by the Securities and Exchange Commission. The assets and liabilities of the Separate Account are clearly identified and distinguished from TFLIC’s other assets and liabilities. The Separate Account consists of multiple investment subaccounts. Each subaccount invests exclusively in the corresponding portfolio of a Mutual Fund. Each Mutual Fund is registered as an open-end management investment company under the Investment Company Act of 1940, as amended. Activity in these specified investment subaccounts is available to contract owners of Transamerica Variable Annuity Series, Partners Variable Annuity Series, Transamerica Landmark^SM NY Variable Annuity, Transamerica Axiom^SM II, Transamerica Principium^SM III, Transamerica Retirement Income Plus, Transamerica Income Elite^SM II, Transamerica Advisor Elite II, Transamerica Variable Annuity O-Share, Transamerica Liberty^SM NY Variable Annuity, Transamerica Axiom^SM NY Variable Annuity, Transamerica Principium^SM II Variable Annuity, Income Elite^SM Variable Annuity, Transamerica Annuity I-Share, Transamerica Inspire^SM Variable Annuity, Transamerica Advisory Annuity, Transamerica Axiom^SM III Variable Annuity, Transamerica Principium^SM IV Variable Annuity, and Transamerica I-Share II Variable Annuity.

TA ProFunds UltraBear Service Class (OAM) is included in the subaccount listing only to facilitate a contract owner purchase option.

Subaccount Investment by Mutual Fund:

Subaccount	Mutual Fund
AB Variable Products Series Fund, Inc.	AB Variable Products Series Fund, Inc.
AB Balanced Hedged Allocation Class B Shares	AB Balanced Hedged Allocation Portfolio Class B Shares
AB Large Cap Growth Class B Shares	AB Large Cap Growth Portfolio Class B Shares
AB Relative Value Class B Shares	AB Relative Value Portfolio Class B Shares
American Funds Insurance Series®	American Funds Insurance Series®
American Funds - Asset Allocation Class 2 Shares	American Funds - Asset Allocation Fund Class 2 Shares
American Funds - Asset Allocation Class 4 Shares	American Funds - Asset Allocation Class 4 Shares
American Funds - Growth Class 2 Shares	American Funds - Growth Fund Class 2 Shares
American Funds - Growth Class 4 Shares	American Funds - Growth Class 4 Shares
American Funds - Growth - Income Class 2 Shares	American Funds - Growth - Income Fund Class 2 Shares
American Funds - Growth - Income Class 4 Shares	American Funds - Growth - Income Class 4 Shares
American Funds - International Class 2 Shares	American Funds - International Fund Class 2 Shares
American Fundsz - International Class 4 Shares	American Funds - International Class 4 Shares
American Funds - New World Class 4 Shares	American Funds - New World Class 4 Shares
American Funds - The Bond Fund of America Class 2 Shares	American Funds - The Bond Fund of America Class 2 Shares
American Funds - The Bond Fund of America Class 4 Shares	American Funds - The Bond Fund of America Class 4 Shares
DFA Investment Dimensions Group Inc.	DFA Investment Dimensions Group Inc.
Dimensional VA Equity Allocation	Dimensional VA Equity Allocation Portfolio
Dimensional VA Global Bond	Dimensional VA Global Bond Portfolio
Dimensional VA Global Moderate Allocation	Dimensional VA Global Moderate Allocation Portfolio
Dimensional VA International Small	Dimensional VA International Small Portfolio
Dimensional VA International Value	Dimensional VA International Value Portfolio
Dimensional VA Short - Term Fixed	Dimensional VA Short - Term Fixed Portfolio
Dimensional VA U.S. Large Value	Dimensional VA U.S. Large Value Portfolio
Dimensional VA U.S. Targeted Value	Dimensional VA U.S. Targeted Value Portfolio
Fidelity® Variable Insurance Products Fund	Fidelity® Variable Insurance Products Fund
Fidelity® VIP Balanced Service Class 2	Fidelity® VIP Balanced Service Portfolio Class 2

56

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

1.  Organization (continued)

Subaccount Investment by Mutual Fund:

Subaccount	Mutual Fund
Fidelity® Variable Insurance Products Fund	Fidelity® Variable Insurance Products Fund
Fidelity® VIP Consumer Staples Initial Class	Fidelity® VIP Consumer Staples Initial Class
Fidelity® VIP Contrafund® Initial Class	Fidelity® VIP Contrafund® Portfolio Initial Class
Fidelity® VIP Contrafund® Service Class 2	Fidelity® VIP Contrafund® Portfolio Service Class 2
Fidelity® VIP Energy Service Class 2	Fidelity® VIP Energy Service Class 2
Fidelity® VIP Equity-Income Service Class 2	Fidelity® VIP Equity-Income Portfolio Service Class 2
Fidelity® VIP Growth Service Class 2	Fidelity® VIP Growth Portfolio Service Class 2
Fidelity® VIP Growth Opportunities Service Class 2	Fidelity® VIP Growth Opportunities Portfolio Service Class 2
Fidelity® VIP Health Care Service Class 2	Fidelity® VIP Health Care Service Class 2
Fidelity® VIP Mid Cap Initial Class	Fidelity® VIP Mid Cap Portfolio Initial Class
Fidelity® VIP Mid Cap Service Class 2	Fidelity® VIP Mid Cap Portfolio Service Class 2
Fidelity® VIP Technology Initial Class	Fidelity® VIP Technology Initial Class
Fidelity® VIP Utilities Initial Class	Fidelity® VIP Utilities Initial Class
Fidelity® VIP Value Strategies Initial Class	Fidelity® VIP Value Strategies Portfolio Initial Class
Fidelity® VIP Value Strategies Service Class 2	Fidelity® VIP Value Strategies Portfolio Service Class 2
Franklin Templeton Variable Insurance Products Trust	Franklin Templeton Variable Insurance Products Trust
Franklin Allocation Class 4 Shares	Franklin Allocation Fund Class 4 Shares
Franklin Income Class 2 Shares	Franklin Income Fund Class 2 Shares
Franklin Mutual Shares Class 2 Shares	Franklin Mutual Shares Fund Class 2 Shares
Franklin Templeton Foreign Class 2 Shares	Franklin Templeton Foreign Fund Class 2 Shares
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)	AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco V.I. American Franchise Series II Shares	Invesco V.I. American Franchise Fund Series II Shares
Janus Aspen Series	Janus Aspen Series
Janus Henderson - Enterprise Service Shares	Janus Henderson - Enterprise Service Shares
Janus Henderson - Global Research Service Shares	Janus Henderson - Global Research Portfolio Service Shares
Janus Henderson - Mid Cap Value Service Shares	Janus Henderson - Mid Cap Value Portfolio Service Shares
Lincoln Variable Insurance Products	Lincoln Variable Insurance Products
LVIP JPMorgan Core Bond Standard Shares	LVIP JPMorgan Core Bond Standard Shares
LVIP JPMorgan Mid Cap Value Standard Shares	LVIP JPMorgan Mid Cap Value Standard Shares
LVIP JPMorgan Small Cap Core Standard Shares	LVIP JPMorgan Small Cap Core Standard Shares
LVIP JPMorgan U.S. Equity Standard Shares	LVIP JPMorgan U.S. Equity Standard Shares
MFS® Variable Insurance Trust	MFS® Variable Insurance Trust
MFS® New Discovery Service Class	MFS® New Discovery Series Service Class
MFS® Total Return Service Class	MFS® Total Return Series Service Class
State Street Variable Insurance Series Funds, Inc.	State Street Variable Insurance Series Funds, Inc.
State Street Total Return V.I.S. Class 3 Shares	State Street Total Return V.I.S. Fund Class 3 Shares
Transamerica Series Trust	Transamerica Series Trust
TA 60/40 Allocation Service Class	Transamerica 60/40 Allocation VP Service Class
TA Aegon Bond Initial Class	Transamerica Aegon Bond VP Initial Class
TA Aegon Bond Service Class	Transamerica Aegon Bond VP Service Class
TA Aegon Core Bond Service Class	Transamerica Aegon Core Bond VP Service Class
TA Aegon High Yield Bond Initial Class	Transamerica Aegon High Yield Bond VP Initial Class
TA Aegon High Yield Bond Service Class	Transamerica Aegon High Yield Bond VP Service Class
TA Aegon Sustainable Equity Income Initial Class	Transamerica Aegon Sustainable Equity Income VP Initial Class
TA Aegon Sustainable Equity Income Service Class	Transamerica Aegon Sustainable Equity Income VP Service Class
TA Aegon U.S. Government Securities Initial Class	Transamerica Aegon U.S. Government Securities VP Initial Class

57

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

1.  Organization (continued)

Subaccount Investment by Mutual Fund:
Subaccount	Mutual Fund
Transamerica Series Trust	Transamerica Series Trust
TA Aegon U.S. Government Securities Service Class	Transamerica Aegon U.S. Government Securities VP Service Class
TA American Funds Managed Risk - Balanced Service Class	Transamerica American Funds Managed Risk - Balanced VP Service Class
TA BlackRock Government Money Market Initial Class	Transamerica BlackRock Government Money Market VP Initial Class
TA BlackRock Government Money Market Service Class	Transamerica BlackRock Government Money Market VP Service Class
TA BlackRock iShares Active Asset Allocation - Conservative Service Class	Transamerica BlackRock iShares Active Asset Allocation - Conservative VP Service Class
TA BlackRock iShares Active Asset Allocation - Moderate Service Class	Transamerica BlackRock iShares Active Asset Allocation - Moderate VP Service Class
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class	Transamerica BlackRock iShares Active Asset Allocation - Moderate Growth VP Service Class
TA BlackRock iShares Dynamic Allocation - Balanced Service Class	Transamerica BlackRock iShares Dynamic Allocation - Balanced VP Service Class
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class	Transamerica BlackRock iShares Dynamic Allocation - Moderate Growth VP Service Class
TA BlackRock iShares Edge 100 Service Class	Transamerica BlackRock iShares Edge 100 VP Service Class
TA BlackRock iShares Edge 40 Initial Class	Transamerica BlackRock iShares Edge 40 VP Initial Class
TA BlackRock iShares Edge 40 Service Class	Transamerica BlackRock iShares Edge 40 VP Service Class
TA BlackRock iShares Edge 50 Service Class	Transamerica BlackRock iShares Edge 50 VP Service Class
TA BlackRock iShares Edge 75 Service Class	Transamerica BlackRock iShares Edge 75 VP Service Class
TA BlackRock iShares Tactical - Balanced Service Class	Transamerica BlackRock iShares Tactical - Balanced VP Service Class
TA BlackRock iShares Tactical - Conservative Service Class	Transamerica BlackRock iShares Tactical - Conservative VP Service Class
TA BlackRock iShares Tactical - Growth Service Class	Transamerica BlackRock iShares Tactical - Growth VP Service Class
TA BlackRock Real Estate Securities Initial Class	Transamerica BlackRock Real Estate Securities VP Initial Class
TA BlackRock Real Estate Securities Service Class	Transamerica BlackRock Real Estate Securities VP Service Class
TA BlackRock Tactical Allocation Service Class	Transamerica BlackRock Tactical Allocation VP Service Class
TA Goldman Sachs 70/30 Service Class	Transamerica Goldman Sachs 70/30 VP Service Class
TA Goldman Sachs Managed Risk - Balanced ETF Service Class	Transamerica Goldman Sachs Managed Risk - Balanced ETF VP Service Class
TA Goldman Sachs Managed Risk - Conservative ETF Service Class	Transamerica Goldman Sachs Managed Risk - Conservative ETF VP Service Class
TA Goldman Sachs Managed Risk - Growth ETF Service Class	Transamerica Goldman Sachs Managed Risk - Growth ETF VP Service Class
TA Great Lakes Advisors Large Cap Value Service Class	Transamerica Great Lakes Advisors Large Cap Value VP Service Class
TA International Focus Initial Class	Transamerica International Focus VP Initial Class
TA International Focus Service Class	Transamerica International Focus VP Service Class
TA Janus Balanced Service Class	Transamerica Janus Balanced VP Service Class
TA Janus Mid-Cap Growth Initial Class	Transamerica Janus Mid-Cap Growth VP Initial Class
TA Janus Mid-Cap Growth Service Class	Transamerica Janus Mid-Cap Growth VP Service Class
TA JPMorgan Asset Allocation - Conservative Initial Class	Transamerica JPMorgan Asset Allocation - Conservative VP Initial Class
TA JPMorgan Asset Allocation - Conservative Service Class	Transamerica JPMorgan Asset Allocation - Conservative VP Service Class
TA JPMorgan Asset Allocation - Growth Initial Class	Transamerica JPMorgan Asset Allocation - Growth VP Initial Class
TA JPMorgan Asset Allocation - Growth Service Class	Transamerica JPMorgan Asset Allocation - Growth VP Service Class
TA JPMorgan Asset Allocation - Moderate Initial Class	Transamerica JPMorgan Asset Allocation - Moderate VP Initial Class

58

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

1.  Organization (continued)

Subaccount Investment by Mutual Fund:
Subaccount	Mutual Fund
Transamerica Series Trust	Transamerica Series Trust
TA JPMorgan Asset Allocation - Moderate Service Class	Transamerica JPMorgan Asset Allocation - Moderate VP Service Class
TA JPMorgan Asset Allocation - Moderate Growth Initial Class	Transamerica JPMorgan Asset Allocation - Moderate Growth VP Initial Class
TA JPMorgan Asset Allocation - Moderate Growth Service Class	Transamerica JPMorgan Asset Allocation - Moderate Growth VP Service Class
TA JPMorgan Enhanced Index Initial Class	Transamerica JPMorgan Enhanced Index VP Initial Class
TA JPMorgan Enhanced Index Service Class	Transamerica JPMorgan Enhanced Index VP Service Class
TA JPMorgan International Moderate Growth Service Class	Transamerica JPMorgan International Moderate Growth VP Service Class
TA JPMorgan Tactical Allocation Service Class	Transamerica JPMorgan Tactical Allocation VP Service Class
TA Madison Diversified Income Service Class	Transamerica Madison Diversified Income VP Service Class
TA Market Participation Strategy Service Class	Transamerica Market Participation Strategy VP Service Class
TA Morgan Stanley Global Allocation Service Class	Transamerica Morgan Stanley Global Allocation VP Service Class
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class	Transamerica Morgan Stanley Global Allocation Managed Risk - Balanced VP Service Class
TA MSCI EAFE Index Service Class	Transamerica MSCI EAFE Index VP Service Class
TA Multi-Managed Balanced Initial Class	Transamerica Multi-Managed Balanced VP Initial Class
TA Multi-Managed Balanced Service Class	Transamerica Multi-Managed Balanced VP Service Class
TA PineBridge Inflation Opportunities Service Class	Transamerica PineBridge Inflation Opportunities VP Service Class
TA ProFunds UltraBear Service Class (OAM)	Transamerica ProFunds UltraBear VP Service Class (OAM)
TA S&P 500 Index Initial Class	Transamerica S&P 500 Index VP Initial Class
TA S&P 500 Index Service Class	Transamerica S&P 500 Index VP Service Class
TA Small/Mid Cap Value Initial Class	Transamerica Small/Mid Cap Value VP Initial Class
TA Small/Mid Cap Value Service Class	Transamerica Small/Mid Cap Value VP Service Class
TA T. Rowe Price Small Cap Initial Class	Transamerica T. Rowe Price Small Cap VP Initial Class
TA T. Rowe Price Small Cap Service Class	Transamerica T. Rowe Price Small Cap VP Service Class
TA TSW International Equity Initial Class	Transamerica TSW International Equity VP Initial Class
TA TSW International Equity Service Class	Transamerica TSW International Equity VP Service Class
TA TSW Mid Cap Value Opportunities Service Class	Transamerica TSW Mid Cap Value Opportunities VP Service Class
TA WMC US Growth Initial Class	Transamerica WMC US Growth VP Initial Class
TA WMC US Growth Service Class	Transamerica WMC US Growth VP Service Class
Vanguard® Variable Insurance Fund	Vanguard® Variable Insurance Fund
Vanguard® Balanced	Vanguard® Balanced Portfolio
Vanguard® Capital Growth	Vanguard® Capital Growth Portfolio
Vanguard® Conservative Allocation	Vanguard® Conservative Allocation Portfolio
Vanguard® Diversified Value	Vanguard® Diversified Value Portfolio
Vanguard® Equity Income	Vanguard® Equity Income Portfolio
Vanguard® Equity Index	Vanguard® Equity Index Portfolio
Vanguard® Global Bond Index	Vanguard® Global Bond Index Portfolio
Vanguard® Growth	Vanguard® Growth Portfolio
Vanguard® High Yield Bond	Vanguard® High Yield Bond Portfolio
Vanguard® International	Vanguard® International Portfolio
Vanguard® Mid-Cap Index	Vanguard® Mid-Cap Index Portfolio
Vanguard® Moderate Allocation	Vanguard® Moderate Allocation Portfolio
Vanguard® Money Market	Vanguard® Money Market Portfolio

59

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

1.  Organization (continued)

Subaccount Investment by Mutual Fund:
Subaccount	Mutual Fund
Vanguard® Variable Insurance Fund	Vanguard® Variable Insurance Fund
Vanguard® Real Estate Index	Vanguard® Real Estate Index Portfolio
Vanguard® Short-Term Investment Grade	Vanguard® Short-Term Investment Grade Portfolio
Vanguard® Total Bond Market Index	Vanguard® Total Bond Market Index Portfolio
Vanguard® Total International Stock Market Index	Vanguard® Total International Stock Market Index Portfolio
Vanguard® Total Stock Market Index	Vanguard® Total Stock Market Index Portfolio
Voya Investors Trust	Voya Investors Trust
Voya Global Perspectives Class S Shares	Voya Global Perspectives Portfolio Class S Shares
Voya Large Cap Value Class S Shares	Voya Large Cap Value Portfolio Class S Shares
Wanger Advisors Trust	Wanger Advisors Trust
Wanger Acorn	Wanger Acorn
Wanger International	Wanger International

Each period reported on reflects a full twelve month period except as follows:

Subaccount	Inception Date
LVIP JPMorgan Core Bond Standard Shares	April 28, 2023
LVIP JPMorgan Mid Cap Value Standard Shares	April 28, 2023
LVIP JPMorgan Small Cap Core Standard Shares	April 28, 2023
LVIP JPMorgan U.S. Equity Standard Shares	April 28, 2023
TA S&P 500 Index Initial Class	May 2, 2022
American Funds - Asset Allocation Class 4 Shares	May 1, 2020
American Funds - Growth Class 4 Shares	May 1, 2020
American Funds - Growth-Income Class 4 Shares	May 1, 2020
American Funds - International Class 4 Shares	May 1, 2020
American Funds - New World Class 4 Shares	May 1, 2020
American Funds - The Bond Fund of America Class 4 Shares	May 1, 2020
Fidelity® VIP Consumer Staples Initial Class	May 1, 2020
Fidelity® VIP Energy Service Class 2	May 1, 2020
Fidelity® VIP Health Care Service Class 2	May 1, 2020
Fidelity® VIP Technology Initial Class	May 1, 2020
Fidelity® VIP Utilities Initial Class	May 1, 2020
TA Goldman Sachs 70/30 Service Class	May 1, 2020

60

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

1.  Organization (continued)

The following subaccount name changes were made effective during the fiscal year ended December 31, 2024:

Subaccount	Formerly
Dimensional VA Equity Allocation	DFA VA Equity Allocation
Dimensional VA Global Bond	DFA VA Global Bond
Dimensional VA Global Moderate Allocation	DFA VA Global Moderate Allocation
Dimensional VA International Small	DFA VA International Small
Dimensional VA International Value	DFA VA International Value
Dimensional VA Short-Term Fixed	DFA VA Short-Term Fixed
Dimensional VA U.S. Large Value	DFA VA U.S. Large Value
Dimensional VA U.S. Targeted Value	DFA VA U.S. Targeted Value
TA BlackRock iShares Tactical - Balanced Service Class	TA PIMCO Tactical - Balanced Service Class
TA BlackRock iShares Tactical - Conservative Service Class	TA PIMCO Tactical - Conservative Service Class
TA BlackRock iShares Tactical - Growth Service Class	TA PIMCO Tactical - Growth Service Class
TA TSW International Equity Initial Class	TA TS&W International Equity Initial Class
TA TSW International Equity Service Class	TA TS&W International Equity Service Class
TA TSW Mid Cap Value Opportunities Service Class	TA JPMorgan Mid Cap Value Service Class

During the current year the following subaccounts were removed as available investment options to contract owners and subsequently replaced and reinvested:

Reinvested Subaccount	Removed Subaccount
TA ProFunds UltraBear Service Class (OAM)	TA ProFunds UltraBear Service Class (OAM)

The transfers from the removed and liquidated subaccounts to the reinvested subaccounts for the period ended December 31, 2024 are reflected in the Statements of Changes in Net Assets within Increase (Decrease) in Net Assets from Contract Transactions and purchases and sales in Footnote 3.

61

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

2. Summary of Significant Accounting Policies

The financial statements included herein have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for variable annuity separate accounts registered as unit investment trusts. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions regarding matters that affect the reported amount of assets and liabilities. Actual results could differ from those estimates.

Investments

Net purchase payments received by the Separate Account are invested in the portfolios of the Mutual Funds as selected by the contract owner. Investments are stated at the closing net asset values per share on December 31, 2024.

Realized capital gains and losses from sales of shares in the Separate Account are determined on the first-in, first-out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed) and dividend income is recorded on the ex-dividend date. Unrealized gains or losses from investments in the Mutual Funds are included in the Statements of Operations and Changes in Net Assets.

Dividend Income

Dividends received from the Mutual Fund investments are reinvested to purchase additional mutual fund shares.

Fair Value Measurements and Fair Value Hierarchy

The Accounting Standards Codification^™ (ASC) 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the nature of inputs used to measure fair value and enhances disclosure requirements for fair value measurements.

The Separate Account has categorized its financial instruments into a three level hierarchy which is 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.

Financial assets and liabilities recorded at fair value on the Statements of Assets and Liabilities are categorized as follows:

Level 1. Unadjusted quoted prices for identical assets or liabilities in an active market.

Level 2. Quoted prices in markets that are not active or inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following:

a) Quoted prices for similar assets or liabilities in active markets

b) Quoted prices for identical or similar assets or liabilities in non-active markets

c) Inputs other than quoted market prices that are observable

d) Inputs that are derived principally from or corroborated by observable market data through correlation or other means.

Level 3. Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. They reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability.

All investments in the Mutual Funds included in the Statements of Assets and Liabilities are stated at fair value and are based upon published closing NAV per share and therefore are considered Level 1.

There were no transfers between Level 1, Level 2 and Level 3 during the year ended December 31, 2024.

62

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

3. Investments

The aggregate cost of purchases and proceeds from sales of investments for the period ended December 31, 2024 were as follows:

Subaccount	Purchases		Sales
AB Balanced Hedged Allocation Class B Shares	$	361,701	$	820,335
AB Large Cap Growth Class B Shares		13,072		70,061
AB Relative Value Class B Shares		2,606,325		6,186,170
American Funds - Asset Allocation Class 2 Shares		10,149,294		7,376,184
American Funds - Asset Allocation Class 4 Shares		1,757,675		270,986
American Funds - Growth Class 2 Shares		9,133,459		20,885,132
American Funds - Growth Class 4 Shares		10,869,596		4,586,398
American Funds - Growth-Income Class 2 Shares		3,306,224		7,166,537
American Funds - Growth-Income Class 4 Shares		4,825,126		2,048,662
American Funds - International Class 2 Shares		2,911,249		5,858,083
American Funds - International Class 4 Shares		1,157,239		340,081
American Funds - New World Class 4 Shares		217,941		36,140
American Funds - The Bond Fund of America Class 2 Shares		3,166,413		4,384,972
American Funds - The Bond Fund of America Class 4 Shares		1,727,282		691,549
Dimensional VA Equity Allocation		-		-
Dimensional VA Global Bond		36,066		59,909
Dimensional VA Global Moderate Allocation		-		-
Dimensional VA International Small		-		-
Dimensional VA International Value		-		-
Dimensional VA Short-Term Fixed		-		-
Dimensional VA U.S. Large Value		-		-
Dimensional VA U.S. Targeted Value		-		-
Fidelity® VIP Balanced Service Class 2		5,119,938		6,956,137
Fidelity® VIP Consumer Staples Initial Class		709,851		403,244
Fidelity® VIP Contrafund® Initial Class		-		-
Fidelity® VIP Contrafund® Service Class 2		18,748,342		17,864,845
Fidelity® VIP Energy Service Class 2		2,858,071		2,105,162
Fidelity® VIP Equity-Income Service Class 2		27,601		129,176
Fidelity® VIP Growth Service Class 2		248,866		55,409
Fidelity® VIP Growth Opportunities Service Class 2		-		252
Fidelity® VIP Health Care Service Class 2		2,175,308		990,363
Fidelity® VIP Mid Cap Initial Class		-		-
Fidelity® VIP Mid Cap Service Class 2		8,123,666		5,990,480
Fidelity® VIP Technology Initial Class		15,689,844		5,308,228
Fidelity® VIP Utilities Initial Class		877,113		723,687
Fidelity® VIP Value Strategies Initial Class		1,743		2,005
Fidelity® VIP Value Strategies Service Class 2		3,786,416		2,024,967

63

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

3. Investments (continued)

Subaccount	Purchases		Sales
Franklin Allocation Class 4 Shares	$	21,034	$	341,377
Franklin Income Class 2 Shares		66,093		221,752
Franklin Mutual Shares Class 2 Shares		10,222		69,873
Franklin Templeton Foreign Class 2 Shares		15,644		92,983
Invesco V.I. American Franchise Series II Shares		-		62,984
Janus Henderson - Enterprise Service Shares		10,152		53,411
Janus Henderson - Global Research Service Shares		10,152		33,342
Janus Henderson - Mid Cap Value Service Shares		163		145
LVIP JPMorgan Core Bond Standard Shares		19,124		55,119
LVIP JPMorgan Mid Cap Value Standard Shares		42,339		3,257
LVIP JPMorgan Small Cap Core Standard Shares		-		-
LVIP JPMorgan U.S. Equity Standard Shares		7,623		152,293
MFS® New Discovery Service Class		1		138,137
MFS® Total Return Service Class		43,474		125,125
State Street Total Return V.I.S. Class 3 Shares		232,089		1,042,754
TA 60/40 Allocation Service Class		662,717		796,985
TA Aegon Bond Initial Class		50,085		4,734
TA Aegon Bond Service Class		4,050,136		7,602,604
TA Aegon Core Bond Service Class		11,155,313		6,192,644
TA Aegon High Yield Bond Initial Class		8,291		2,993
TA Aegon High Yield Bond Service Class		1,648,404		1,480,067
TA Aegon Sustainable Equity Income Initial Class		53,646		224,985
TA Aegon Sustainable Equity Income Service Class		938,934		3,402,553
TA Aegon U.S. Government Securities Initial Class		5,341		4,362
TA Aegon U.S. Government Securities Service Class		4,120,192		17,534,523
TA American Funds Managed Risk - Balanced Service Class		3,268,515		10,621,267
TA BlackRock Government Money Market Initial Class		11,191		19,745
TA BlackRock Government Money Market Service Class		47,167,950		43,550,203
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		1,230,609		3,912,672
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		4,173,247		12,660,514
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		1,751,164		6,878,554
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		1,453,102		9,202,088
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		665,150		6,394,206
TA BlackRock iShares Edge 100 Service Class		911,649		1,182,275
TA BlackRock iShares Edge 40 Initial Class		4,032		901
TA BlackRock iShares Edge 40 Service Class		1,315,235		3,948,704
TA BlackRock iShares Edge 50 Service Class		1,514,782		5,431,713

64

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

3. Investments (continued)

Subaccount	Purchases		Sales
TA BlackRock iShares Edge 75 Service Class	$	1,312,553	$	2,539,052
TA BlackRock iShares Tactical - Balanced Service Class		933,710		3,443,588
TA BlackRock iShares Tactical - Conservative Service Class		584,054		1,931,750
TA BlackRock iShares Tactical - Growth Service Class		1,504,777		5,072,299
TA BlackRock Real Estate Securities Initial Class		2,211		2,147
TA BlackRock Real Estate Securities Service Class		525,995		805,118
TA BlackRock Tactical Allocation Service Class		1,613,062		13,439,178
TA Goldman Sachs 70/30 Service Class		715,520		106,869
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		12,171,379		46,340,398
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		4,639,568		8,295,208
TA Goldman Sachs Managed Risk - Growth ETF Service Class		10,888,478		41,044,270
TA Great Lakes Advisors Large Cap Value Service Class		973,486		591,034
TA International Focus Initial Class		7,950		33,121
TA International Focus Service Class		1,531,795		1,179,519
TA Janus Balanced Service Class		6,348,331		19,607,151
TA Janus Mid-Cap Growth Initial Class		5,304		603
TA Janus Mid-Cap Growth Service Class		2,451,645		3,803,826
TA JPMorgan Asset Allocation - Conservative Initial Class		494		336
TA JPMorgan Asset Allocation - Conservative Service Class		1,032,909		7,985,155
TA JPMorgan Asset Allocation - Growth Initial Class		1,924		103,157
TA JPMorgan Asset Allocation - Growth Service Class		1,074,937		1,290,771
TA JPMorgan Asset Allocation - Moderate Initial Class		3,027		2,655
TA JPMorgan Asset Allocation - Moderate Service Class		5,653,211		35,827,085
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		172		232
TA JPMorgan Asset Allocation - Moderate Growth Service Class		3,120,872		22,347,644
TA JPMorgan Enhanced Index Initial Class		36,661		43,480
TA JPMorgan Enhanced Index Service Class		12,573,246		7,652,571
TA JPMorgan International Moderate Growth Service Class		1,623,163		5,507,498
TA JPMorgan Tactical Allocation Service Class		2,174,472		9,116,452
TA Madison Diversified Income Service Class		535,622		705,627
TA Market Participation Strategy Service Class		658,902		3,540,069
TA Morgan Stanley Global Allocation Service Class		4,336,578		7,602,451
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		477,328		2,069,911
TA MSCI EAFE Index Service Class		2,817,238		871,147
TA Multi-Managed Balanced Initial Class		3,070		690
TA Multi-Managed Balanced Service Class		7,189,305		23,620,602
TA PineBridge Inflation Opportunities Service Class		1,021,073		2,138,038

65

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

3. Investments (continued)

Subaccount	Purchases		Sales
TA ProFunds UltraBear Service Class (OAM)	$	729,333	$	334,983
TA S&P 500 Index Initial Class		-		-
TA S&P 500 Index Service Class		38,867,273		15,632,286
TA Small/Mid Cap Value Initial Class		140,371		53,248
TA Small/Mid Cap Value Service Class		3,728,407		3,644,191
TA T. Rowe Price Small Cap Initial Class		10,863		25,451
TA T. Rowe Price Small Cap Service Class		5,102,282		7,667,778
TA TSW International Equity Initial Class		15,968		22,749
TA TSW International Equity Service Class		2,389,910		904,038
TA TSW Mid Cap Value Opportunities Service Class		3,031,177		2,581,017
TA WMC US Growth Initial Class		683,053		372,882
TA WMC US Growth Service Class		17,950,470		20,743,602
Vanguard® Balanced		1,169,639		1,281,465
Vanguard® Capital Growth		-		-
Vanguard® Conservative Allocation		72,285		20,499
Vanguard® Diversified Value		-		-
Vanguard® Equity Income		-		-
Vanguard® Equity Index		-		-
Vanguard® Global Bond Index		-		-
Vanguard® Growth		-		-
Vanguard® High Yield Bond		-		-
Vanguard® International		16,971		22,779
Vanguard® Mid-Cap Index		2,345,437		1,461,544
Vanguard® Moderate Allocation		386,626		109,848
Vanguard® Money Market		-		-
Vanguard® Real Estate Index		7,446		5,397
Vanguard® Short-Term Investment Grade		69,126		50,858
Vanguard® Total Bond Market Index		20,299		7,330
Vanguard® Total International Stock Market Index		-		-
Vanguard® Total Stock Market Index		-		-
Voya Global Perspectives Class S Shares		-		-
Voya Large Cap Value Class S Shares		-		-
Wanger Acorn		-		-
Wanger International		-		-

66

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Units

The change in units outstanding were as follows:

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)
AB Balanced Hedged Allocation Class B Shares		17,509		(176,062	)		(158,553	)		22,303		(185,100	)		(162,797	)
AB Large Cap Growth Class B Shares		-		(9,755	)		(9,755	)		-		(12,338	)		(12,338	)
AB Relative Value Class B Shares		88,290		(569,455	)		(481,165	)		266,728		(737,177	)		(470,449	)
American Funds - Asset Allocation Class 2 Shares		352,758		(930,383	)		(577,625	)		48,352		(776,077	)		(727,725	)
American Funds - Asset Allocation Class 4 Shares		99,764		(14,082	)		85,682			66,207		(13,602	)		52,605
American Funds - Growth Class 2 Shares		237,066		(591,526	)		(354,460	)		195,838		(779,163	)		(583,325	)
American Funds - Growth Class 4 Shares		534,628		(223,831	)		310,797			701,934		(119,436	)		582,498
American Funds - Growth-Income Class 2 Shares		126,170		(392,368	)		(266,198	)		69,460		(570,888	)		(501,428	)
American Funds - Growth-Income Class 4 Shares		250,009		(109,707	)		140,302			291,133		(18,447	)		272,686
American Funds - International Class 2 Shares		747,101		(1,330,523	)		(583,422	)		469,966		(1,573,186	)		(1,103,220	)
American Funds - International Class 4 Shares		88,843		(24,111	)		64,732			120,097		(17,303	)		102,794
American Funds - New World Class 4 Shares		14,632		(1,729	)		12,903			33,179		(7,534	)		25,645
American Funds - The Bond Fund of America Class 2 Shares		1,089,790		(1,022,641	)		67,149			2,259,987		(1,082,538	)		1,177,449
American Funds - The Bond Fund of America Class 4 Shares		168,998		(71,196	)		97,802			421,944		(161,603	)		260,341
Dimensional VA Equity Allocation		-		-			-			-		-			-
Dimensional VA Global Bond		2,853		(5,965	)		(3,112	)		4,413		(1,056	)		3,357
Dimensional VA Global Moderate Allocation		-		-			-			-		-			-
Dimensional VA International Small		-		-			-			-		-			-
Dimensional VA International Value		-		-			-			-		-			-
Dimensional VA Short-Term Fixed		-		-			-			-		-			-
Dimensional VA U.S. Large Value		-		-			-			-		-			-
Dimensional VA U.S. Targeted Value		-		-			-			-		-			-
Fidelity® VIP Balanced Service Class 2		238,333		(998,091	)		(759,758	)		326,335		(892,064	)		(565,729	)
Fidelity® VIP Consumer Staples Initial Class		48,035		(27,846	)		20,189			38,189		(9,324	)		28,865
Fidelity® VIP Contrafund® Initial Class		-		-			-			-		-			-
Fidelity® VIP Contrafund® Service Class 2		276,335		(823,278	)		(546,943	)		376,807		(988,521	)		(611,714	)
Fidelity® VIP Energy Service Class 2		100,075		(73,261	)		26,814			60,617		(25,655	)		34,962
Fidelity® VIP Equity-Income Service Class 2		-		(35,873	)		(35,873	)		6,702		(22,190	)		(15,488	)

67

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Units (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)
Fidelity® VIP Growth Service Class 2		-		(6,602	)		(6,602	)		-		(10,038	)		(10,038	)
Fidelity® VIP Growth Opportunities Service Class 2		-		(41	)		(41	)		-		(41	)		(41	)
Fidelity® VIP Health Care Service Class 2		181,981		(77,378	)		104,603			137,196		(8,949	)		128,247
Fidelity® VIP Mid Cap Initial Class		-		-			-			-		-			-
Fidelity® VIP Mid Cap Service Class 2		263,183		(387,893	)		(124,710	)		412,911		(442,842	)		(29,931	)
Fidelity® VIP Technology Initial Class		652,398		(217,826	)		434,572			719,996		(219,519	)		500,477
Fidelity® VIP Utilities Initial Class		53,669		(46,673	)		6,996			39,152		(17,596	)		21,556
Fidelity® VIP Value Strategies Initial Class		-		(67	)		(67	)		-		(79	)		(79	)
Fidelity® VIP Value Strategies Service Class 2		88,013		(98,592	)		(10,579	)		223,416		(390,329	)		(166,913	)
Franklin Allocation Class 4 Shares		421		(125,405	)		(124,984	)		-		(54,734	)		(54,734	)
Franklin Income Class 2 Shares		34		(109,700	)		(109,666	)		5,216		(121,892	)		(116,676	)
Franklin Mutual Shares Class 2 Shares		21		(35,677	)		(35,656	)		-		(16,472	)		(16,472	)
Franklin Templeton Foreign Class 2 Shares		-		(72,273	)		(72,273	)		3,333		(38,469	)		(35,136	)
Invesco V.I. American Franchise Series II Shares		-		(14,784	)		(14,784	)		-		(4,486	)		(4,486	)
Janus Henderson - Enterprise Service Shares		-		(6,156	)		(6,156	)		-		(7,154	)		(7,154	)
Janus Henderson - Global Research Service Shares		-		(10,018	)		(10,018	)		-		(4,976	)		(4,976	)
Janus Henderson - Mid Cap Value Service Shares		-		(32	)		(32	)		-		(32	)		(32	)
LVIP JPMorgan Core Bond Standard Shares		7,082		(40,497	)		(33,415	)		214,876		(6,746	)		208,130
LVIP JPMorgan Mid Cap Value Standard Shares		-		(23	)		(23	)		47,875		-			47,875
LVIP JPMorgan Small Cap Core Standard Shares		-		-			-			-		-			-
LVIP JPMorgan U.S. Equity Standard Shares		665		(21,780	)		(21,115	)		28,666		(306	)		28,360
MFS® New Discovery Service Class		-		(28,693	)		(28,693	)		-		(23,812	)		(23,812	)
MFS® Total Return Service Class		-		(45,741	)		(45,741	)		-		(15,433	)		(15,433	)
State Street Total Return V.I.S. Class 3 Shares		6,351		(201,103	)		(194,752	)		78,995		(148,893	)		(69,898	)
TA 60/40 Allocation Service Class		23,999		(44,351	)		(20,352	)		617,262		(32,509	)		584,753
TA Aegon Bond Initial Class		25,862		(1,321	)		24,541			184		(13,755	)		(13,571	)
TA Aegon Bond Service Class		523,492		(2,308,159	)		(1,784,667	)		454,202		(3,223,990	)		(2,769,788	)
TA Aegon Core Bond Service Class		1,087,930		(1,545,578	)		(457,648	)		544,033		(2,373,915	)		(1,829,882	)

68

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Units (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)
TA Aegon High Yield Bond Initial Class		1,661		(416	)		1,245			5,804		(3,632	)		2,172
TA Aegon High Yield Bond Service Class		130,407		(203,856	)		(73,449	)		107,874		(175,078	)		(67,204	)
TA Aegon Sustainable Equity Income Initial Class		-		(56,147	)		(56,147	)		1,532		(47,505	)		(45,973	)
TA Aegon Sustainable Equity Income Service Class		49,204		(452,449	)		(403,245	)		50,932		(989,579	)		(938,647	)
TA Aegon U.S. Government Securities Initial Class		73		(1,279	)		(1,206	)		7,426		(57,671	)		(50,245	)
TA Aegon U.S. Government Securities Service Class		822,295		(3,876,548	)		(3,054,253	)		1,237,724		(3,331,227	)		(2,093,503	)
TA American Funds Managed Risk - Balanced Service Class		85,211		(677,200	)		(591,989	)		191,508		(844,577	)		(653,069	)
TA BlackRock Government Money Market Initial Class		2,020		(12,748	)		(10,728	)		1,143		(99,044	)		(97,901	)
TA BlackRock Government Money Market Service Class		6,868,560		(7,050,523	)		(181,963	)		4,237,503		(6,246,267	)		(2,008,764	)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		237,205		(988,402	)		(751,197	)		398,457		(835,831	)		(437,374	)
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		408,650		(2,132,053	)		(1,723,403	)		1,655,739		(1,943,250	)		(287,511	)
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		137,184		(1,362,069	)		(1,224,885	)		988,432		(1,010,589	)		(22,157	)
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		105,025		(1,420,851	)		(1,315,826	)		93,440		(1,335,104	)		(1,241,664	)
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		26,089		(938,838	)		(912,749	)		153,087		(970,525	)		(817,438	)
TA BlackRock iShares Edge 100 Service Class		38,378		(56,207	)		(17,829	)		42,705		(36,266	)		6,439
TA BlackRock iShares Edge 40 Initial Class		668		(4	)		664			735		(6	)		729
TA BlackRock iShares Edge 40 Service Class		215,985		(771,746	)		(555,761	)		39,818		(735,324	)		(695,506	)
TA BlackRock iShares Edge 50 Service Class		17,734		(363,644	)		(345,910	)		108,425		(267,542	)		(159,117	)
TA BlackRock iShares Edge 75 Service Class		31,987		(144,866	)		(112,879	)		81,701		(190,710	)		(109,009	)
TA BlackRock iShares Tactical - Balanced Service Class		17,404		(645,581	)		(628,177	)		155,908		(1,102,359	)		(946,451	)
TA BlackRock iShares Tactical - Conservative Service Class		90,784		(612,235	)		(521,451	)		29,320		(385,749	)		(356,429	)
TA BlackRock iShares Tactical - Growth Service Class		51,488		(584,559	)		(533,071	)		99,291		(668,530	)		(569,239	)
TA BlackRock Real Estate Securities Initial Class		640		(634	)		6			-		(42,760	)		(42,760	)
TA BlackRock Real Estate Securities Service Class		59,431		(140,077	)		(80,646	)		89,457		(139,977	)		(50,520	)
TA BlackRock Tactical Allocation Service Class		74,716		(2,190,464	)		(2,115,748	)		269,266		(2,033,052	)		(1,763,786	)
TA Goldman Sachs 70/30 Service Class		49,441		(6,520	)		42,921			4,566		(1,600	)		2,966
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		720,179		(8,926,966	)		(8,206,787	)		853,501		(9,026,706	)		(8,173,205	)

69

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Units (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		200,566		(1,463,547	)		(1,262,981	)		184,924		(3,215,025	)		(3,030,101	)
TA Goldman Sachs Managed Risk - Growth ETF Service Class		798,935		(7,870,708	)		(7,071,773	)		425,646		(6,600,677	)		(6,175,031	)
TA Great Lakes Advisors Large Cap Value Service Class		47,133		(35,121	)		12,012			81,573		(35,369	)		46,204
TA International Focus Initial Class		1,537		(9,267	)		(7,730	)		-		(14,069	)		(14,069	)
TA International Focus Service Class		99,467		(149,541	)		(50,074	)		48,109		(254,636	)		(206,527	)
TA Janus Balanced Service Class		599,484		(1,748,331	)		(1,148,847	)		462,298		(1,304,845	)		(842,547	)
TA Janus Mid-Cap Growth Initial Class		1,110		(115	)		995			-		(76	)		(76	)
TA Janus Mid-Cap Growth Service Class		59,181		(328,410	)		(269,229	)		56,654		(633,239	)		(576,585	)
TA JPMorgan Asset Allocation - Conservative Initial Class		-		-			-			-		-			-
TA JPMorgan Asset Allocation - Conservative Service Class		59,141		(1,502,968	)		(1,443,827	)		117,041		(2,383,645	)		(2,266,604	)
TA JPMorgan Asset Allocation - Growth Initial Class		-		(28,209	)		(28,209	)		28,209		-			28,209
TA JPMorgan Asset Allocation - Growth Service Class		27,490		(78,139	)		(50,649	)		167,354		(108,956	)		58,398
TA JPMorgan Asset Allocation - Moderate Initial Class		-		-			-			-		(95,699	)		(95,699	)
TA JPMorgan Asset Allocation - Moderate Service Class		321,477		(7,125,555	)		(6,804,078	)		337,229		(6,663,031	)		(6,325,802	)
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		-		(12	)		(12	)		-		(16,019	)		(16,019	)
TA JPMorgan Asset Allocation - Moderate Growth Service Class		248,086		(3,235,548	)		(2,987,462	)		158,253		(3,760,474	)		(3,602,221	)
TA JPMorgan Enhanced Index Initial Class		40		(4,288	)		(4,248	)		15		(4,985	)		(4,970	)
TA JPMorgan Enhanced Index Service Class		336,443		(237,742	)		98,701			336,896		(149,192	)		187,704
TA JPMorgan International Moderate Growth Service Class		282,096		(1,661,581	)		(1,379,485	)		220,259		(1,272,708	)		(1,052,449	)
TA JPMorgan Tactical Allocation Service Class		191,656		(1,413,387	)		(1,221,731	)		154,428		(2,701,458	)		(2,547,030	)
TA Madison Diversified Income Service Class		29,439		(50,406	)		(20,967	)		30,684		(80,237	)		(49,553	)
TA Market Participation Strategy Service Class		19,464		(435,822	)		(416,358	)		182,125		(610,440	)		(428,315	)
TA Morgan Stanley Global Allocation Service Class		598,482		(1,675,828	)		(1,077,346	)		440,101		(1,651,687	)		(1,211,586	)
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		45,145		(176,195	)		(131,050	)		27,032		(176,349	)		(149,317	)
TA MSCI EAFE Index Service Class		196,190		(57,816	)		138,374			187,659		(72,241	)		115,418
TA Multi-Managed Balanced Initial Class		-		-			-			-		-			-
TA Multi-Managed Balanced Service Class		135,002		(1,868,926	)		(1,733,924	)		154,113		(1,410,596	)		(1,256,483	)
TA PineBridge Inflation Opportunities Service Class		122,554		(863,997	)		(741,443	)		97,450		(745,695	)		(648,245	)

70

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Units (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)
TA ProFunds UltraBear Service Class (OAM)		71,715		(36,396	)		35,319			-		-			-
TA S&P 500 Index Initial Class		-		-			-			-		-			-
TA S&P 500 Index Service Class		1,590,255		(621,894	)		968,361			1,517,230		(719,140	)		798,090
TA Small/Mid Cap Value Initial Class		-		(261	)		(261	)		-		(10,093	)		(10,093	)
TA Small/Mid Cap Value Service Class		150,733		(298,783	)		(148,050	)		105,969		(212,142	)		(106,173	)
TA T. Rowe Price Small Cap Initial Class		771		(5,096	)		(4,325	)		3,244		(3,594	)		(350	)
TA T. Rowe Price Small Cap Service Class		148,594		(499,474	)		(350,880	)		144,831		(628,100	)		(483,269	)
TA TSW International Equity Initial Class		16		(5,404	)		(5,388	)		6		(13,152	)		(13,146	)
TA TSW International Equity Service Class		297,356		(119,203	)		178,153			95,160		(75,712	)		19,448
TA TSW Mid Cap Value Opportunities Service Class		36,813		(177,156	)		(140,343	)		87,193		(343,419	)		(256,226	)
TA WMC US Growth Initial Class		1,341		(66,666	)		(65,325	)		499,754		(150,875	)		348,879
TA WMC US Growth Service Class		300,135		(888,925	)		(588,790	)		1,955,399		(1,092,573	)		862,826
Vanguard® Balanced		70,450		(91,763	)		(21,313	)		105,475		(4,340	)		101,135
Vanguard® Capital Growth		-		-			-			-		-			-
Vanguard® Conservative Allocation		4,688		(1,165	)		3,523			7,712		(7,777	)		(65	)
Vanguard® Diversified Value		-		-			-			-		-			-
Vanguard® Equity Income		-		-			-			-		-			-
Vanguard® Equity Index		-		-			-			-		-			-
Vanguard® Global Bond Index		-		-			-			-		-			-
Vanguard® Growth		-		-			-			-		-			-
Vanguard® High Yield Bond		-		-			-			-		-			-
Vanguard® International		30		(847	)		(817	)		870		(188	)		682
Vanguard® Mid-Cap Index		81,776		(47,874	)		33,902			109,939		(2,725	)		107,214
Vanguard® Moderate Allocation		24,939		(6,025	)		18,914			71,978		(25,250	)		46,728
Vanguard® Money Market		-		-			-			-		-			-
Vanguard® Real Estate Index		194		(284	)		(90	)		3,191		(23	)		3,168
Vanguard® Short-Term Investment Grade		2,346		(3,646	)		(1,300	)		86,600		(1,716	)		84,884
Vanguard® Total Bond Market Index		1,633		(607	)		1,026			2,545		(135	)		2,410

71

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Units (continued)

Year Ended December 31, 2024

Year Ended December 31, 2023

Subaccount

Units Purchased

Units Redeemed and Transferred to/from

Net Increase (Decrease)

Units Purchased

Units Redeemed and Transferred to/from

Net Increase (Decrease)

Vanguard® Total International Stock Market Index

-

-

-

-

-

-

Vanguard® Total Stock Market Index

-

-

-

-

-

-

Voya Global Perspectives Class S Shares

-

-

-

-

-

-

Voya Large Cap Value Class S Shares

-

-

-

-

-

-

Wanger Acorn

-

-

-

-

-

-

Wanger International

-

-

-

-

-

-

72

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Unit Dollars (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)
AB Balanced Hedged Allocation Class B Shares	$	220,812	$	(764,141	)	$	(543,329	)	$	155,610	$	(1,796,461	)	$	(1,640,851	)
AB Large Cap Growth Class B Shares		-		(66,140	)		(66,140	)		-		(60,226	)		(60,226	)
AB Relative Value Class B Shares		1,186,780		(5,809,742	)		(4,622,962	)		2,912,666		(5,071,685	)		(2,159,019	)
American Funds - Asset Allocation Class 2 Shares		7,102,188		(6,632,696	)		469,492			584,351		(5,706,432	)		(5,122,081	)
American Funds - Asset Allocation Class 4 Shares		1,429,785		(197,761	)		1,232,024			772,377		(161,289	)		611,088
American Funds - Growth Class 2 Shares		7,065,613		(19,643,180	)		(12,577,567	)		6,229,542		(20,134,982	)		(13,905,440	)
American Funds - Growth Class 4 Shares		10,364,267		(4,328,077	)		6,036,190			10,376,453		(1,816,151	)		8,560,302
American Funds - Growth-Income Class 2 Shares		1,344,371		(6,614,836	)		(5,270,465	)		1,321,800		(12,915,744	)		(11,593,944	)
American Funds - Growth-Income Class 4 Shares		4,370,812		(1,943,656	)		2,427,156			4,081,339		(255,608	)		3,825,731
American Funds - International Class 2 Shares		2,716,526		(5,552,797	)		(2,836,271	)		2,591,763		(8,563,575	)		(5,971,812	)
American Funds - International Class 4 Shares		1,133,276		(309,140	)		824,136			1,388,043		(195,617	)		1,192,426
American Funds - New World Class 4 Shares		201,876		(24,041	)		177,835			403,839		(91,129	)		312,710
American Funds - The Bond Fund of America Class 2 Shares		2,467,240		(4,128,487	)		(1,661,247	)		6,581,369		(3,246,246	)		3,335,123
American Funds - The Bond Fund of America Class 4 Shares		1,540,878		(642,303	)		898,575			3,733,117		(1,426,156	)		2,306,961
Dimensional VA Equity Allocation		-		-			-			-		-			-
Dimensional VA Global Bond		26,700		(56,444	)		(29,744	)		40,219		(9,566	)		30,653
Dimensional VA Global Moderate Allocation		-		-			-			-		-			-
Dimensional VA International Small		-		-			-			-		-			-
Dimensional VA International Value		-		-			-			-		-			-
Dimensional VA Short-Term Fixed		-		-			-			-		-			-
Dimensional VA U.S. Large Value		-		-			-			-		-			-
Dimensional VA U.S. Targeted Value		-		-			-			-		-			-
Fidelity® VIP Balanced Service Class 2		3,238,198		(6,464,309	)		(3,226,111	)		2,715,922		(8,144,213	)		(5,428,291	)
Fidelity® VIP Consumer Staples Initial Class		675,276		(391,527	)		283,749			507,387		(127,468	)		379,919
Fidelity® VIP Contrafund® Initial Class		-		-			-			-		-			-
Fidelity® VIP Contrafund® Service Class 2		9,140,626		(16,894,921	)		(7,754,295	)		7,131,999		(14,291,555	)		(7,159,556	)
Fidelity® VIP Energy Service Class 2		2,817,129		(2,076,977	)		740,152			1,603,697		(687,347	)		916,350

73

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Unit Dollars (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)
Fidelity® VIP Equity-Income Service Class 2	$	-	$	(123,600	)	$	(123,600	)	$	25,162	$	(63,831	)	$	(38,669	)
Fidelity® VIP Growth Service Class 2		-		(39,801	)		(39,801	)		-		(43,963	)		(43,963	)
Fidelity® VIP Growth Opportunities Service Class 2		-		(169	)		(169	)		-		(118	)		(118	)
Fidelity® VIP Health Care Service Class 2		2,192,065		(957,802	)		1,234,263			1,534,330		(99,296	)		1,435,034
Fidelity® VIP Mid Cap Initial Class		-		-			-			-		-			-
Fidelity® VIP Mid Cap Service Class 2		4,079,255		(5,654,753	)		(1,575,498	)		5,801,759		(7,038,730	)		(1,236,971	)
Fidelity® VIP Technology Initial Class		15,078,290		(5,067,217	)		10,011,073			12,352,848		(3,810,755	)		8,542,093
Fidelity® VIP Utilities Initial Class		819,245		(710,977	)		108,268			513,950		(234,451	)		279,499
Fidelity® VIP Value Strategies Initial Class		-		(1,925	)		(1,925	)		-		(1,896	)		(1,896	)
Fidelity® VIP Value Strategies Service Class 2		1,953,890		(1,872,784	)		81,106			2,626,584		(5,588,609	)		(2,962,025	)
Franklin Allocation Class 4 Shares		1,144		(324,215	)		(323,071	)		-		(126,032	)		(126,032	)
Franklin Income Class 2 Shares		63		(204,276	)		(204,213	)		8,933		(211,461	)		(202,528	)
Franklin Mutual Shares Class 2 Shares		39		(65,791	)		(65,752	)		-		(26,193	)		(26,193	)
Franklin Templeton Foreign Class 2 Shares		-		(83,527	)		(83,527	)		3,701		(40,521	)		(36,820	)
Invesco V.I. American Franchise Series II Shares		-		(60,526	)		(60,526	)		-		(12,918	)		(12,918	)
Janus Henderson - Enterprise Service Shares		-		(50,775	)		(50,775	)		-		(36,642	)		(36,642	)
Janus Henderson - Global Research Service Shares		-		(29,224	)		(29,224	)		-		(10,993	)		(10,993	)
Janus Henderson - Mid Cap Value Service Shares		-		(106	)		(106	)		-		(97	)		(97	)
LVIP JPMorgan Core Bond Standard Shares		9,043		(51,774	)		(42,731	)		271,358		(8,270	)		263,088
LVIP JPMorgan Mid Cap Value Standard Shares		-		(108	)		(108	)		208,446		-			208,446
LVIP JPMorgan Small Cap Core Standard Shares		-		-			-			-		-			-
LVIP JPMorgan U.S. Equity Standard Shares		4,986		(151,271	)		(146,285	)		166,108		(1,849	)		164,259
MFS® New Discovery Service Class		-		(124,836	)		(124,836	)		-		(87,988	)		(87,988	)
MFS® Total Return Service Class		-		(116,043	)		(116,043	)		-		(32,755	)		(32,755	)
State Street Total Return V.I.S. Class 3 Shares		69,642		(980,115	)		(910,473	)		934,191		(623,714	)		310,477
TA 60/40 Allocation Service Class		349,256		(639,691	)		(290,435	)		8,223,804		(410,794	)		7,813,010
TA Aegon Bond Initial Class		42,259		(2,111	)		40,148			281		(21,126	)		(20,845	)
TA Aegon Bond Service Class		2,496,360		(7,134,249	)		(4,637,889	)		1,588,033		(9,758,670	)		(8,170,637	)

74

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Unit Dollars (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)
TA Aegon Core Bond Service Class	$	9,978,568	$	(5,892,533	)	$	4,086,035		$	2,309,725	$	(10,949,986	)	$	(8,640,261	)
TA Aegon High Yield Bond Initial Class		4,437		(2,041	)		2,396			15,304		(10,129	)		5,175
TA Aegon High Yield Bond Service Class		1,309,376		(1,397,535	)		(88,159	)		1,018,379		(1,178,915	)		(160,536	)
TA Aegon Sustainable Equity Income Initial Class		-		(188,726	)		(188,726	)		4,466		(136,452	)		(131,986	)
TA Aegon Sustainable Equity Income Service Class		705,352		(3,237,217	)		(2,531,865	)		582,688		(5,845,738	)		(5,263,050	)
TA Aegon U.S. Government Securities Initial Class		137		(2,388	)		(2,251	)		14,034		(103,246	)		(89,212	)
TA Aegon U.S. Government Securities Service Class		3,443,008		(17,213,211	)		(13,770,203	)		7,905,234		(18,175,820	)		(10,270,586	)
TA American Funds Managed Risk - Balanced Service Class		1,207,712		(9,743,581	)		(8,535,869	)		2,415,573		(10,552,597	)		(8,137,024	)
TA BlackRock Government Money Market Initial Class		2,744		(17,364	)		(14,620	)		1,497		(130,888	)		(129,391	)
TA BlackRock Government Money Market Service Class		45,409,586		(43,113,980	)		2,295,606			22,398,060		(26,883,163	)		(4,485,103	)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		947,747		(3,743,635	)		(2,795,888	)		4,211,181		(4,370,969	)		(159,788	)
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		2,929,767		(11,751,861	)		(8,822,094	)		18,195,805		(8,580,947	)		9,614,858
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		1,286,086		(6,452,523	)		(5,166,437	)		3,707,766		(3,889,743	)		(181,977	)
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		450,684		(8,514,690	)		(8,064,006	)		530,499		(6,847,064	)		(6,316,565	)
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		167,275		(5,969,455	)		(5,802,180	)		927,332		(6,623,171	)		(5,695,839	)
TA BlackRock iShares Edge 100 Service Class		732,339		(1,119,649	)		(387,310	)		698,362		(595,888	)		102,474
TA BlackRock iShares Edge 40 Initial Class		1,312		(7	)		1,305			1,427		(11	)		1,416
TA BlackRock iShares Edge 40 Service Class		592,781		(3,717,398	)		(3,124,617	)		174,550		(3,902,007	)		(3,727,457	)
TA BlackRock iShares Edge 50 Service Class		240,824		(4,980,554	)		(4,739,730	)		1,360,062		(3,322,195	)		(1,962,133	)
TA BlackRock iShares Edge 75 Service Class		512,292		(2,325,539	)		(1,813,247	)		1,145,814		(2,723,592	)		(1,577,778	)
TA BlackRock iShares Tactical-Balanced Service Class		178,716		(3,163,428	)		(2,984,712	)		1,709,087		(4,809,275	)		(3,100,188	)
TA BlackRock iShares Tactical - Conservative Service Class		197,272		(1,791,726	)		(1,594,454	)		186,997		(2,297,410	)		(2,110,413	)
TA BlackRock iShares Tactical-Growth Service Class		575,675		(4,727,779	)		(4,152,104	)		991,315		(4,328,835	)		(3,337,520	)
TA BlackRock Real Estate Securities Initial Class		1,995		(2,009	)		(14	)		-		(121,561	)		(121,561	)
TA BlackRock Real Estate Securities Service Class		455,817		(750,185	)		(294,368	)		523,701		(624,007	)		(100,306	)

75

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Unit Dollars (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)
TA BlackRock Tactical Allocation Service Class	$	687,187	$	(12,576,601	)	$	(11,889,414	)	$	955,045	$	(9,735,860	)	$	(8,780,815	)
TA Goldman Sachs 70/30 Service Class		672,925		(91,385	)		581,540			56,628		(19,506	)		37,122
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		3,083,527		(42,868,522	)		(39,784,995	)		3,962,754		(41,062,234	)		(37,099,480	)
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		2,159,333		(7,800,508	)		(5,641,175	)		964,052		(11,383,642	)		(10,419,590	)
TA Goldman Sachs Managed Risk - Growth ETF Service Class		4,595,108		(38,272,379	)		(33,677,271	)		2,689,951		(29,317,050	)		(26,627,099	)
TA Great Lakes Advisors Large Cap Value Service Class		694,894		(532,457	)		162,437			1,016,020		(448,624	)		567,396
TA International Focus Initial Class		3,174		(32,143	)		(28,969	)		-		(28,974	)		(28,974	)
TA International Focus Service Class		1,178,791		(1,099,850	)		78,941			564,367		(1,439,790	)		(875,423	)
TA Janus Balanced Service Class		2,732,513		(18,403,415	)		(15,670,902	)		4,834,496		(13,490,845	)		(8,656,349	)
TA Janus Mid-Cap Growth Initial Class		3,324		(346	)		2,978			-		(189	)		(189	)
TA Janus Mid-Cap Growth Service Class		1,439,608		(3,609,172	)		(2,169,564	)		1,018,105		(4,914,855	)		(3,896,750	)
TA JPMorgan Asset Allocation - Conservative Initial Class		-		-			-			-		-			-
TA JPMorgan Asset Allocation - Conservative Service Class		392,460		(7,507,969	)		(7,115,509	)		952,383		(8,490,963	)		(7,538,580	)
TA JPMorgan Asset Allocation - Growth Initial Class		-		(101,564	)		(101,564	)		86,655		-			86,655
TA JPMorgan Asset Allocation - Growth Service Class		614,218		(1,090,377	)		(476,159	)		2,718,670		(1,446,055	)		1,272,615
TA JPMorgan Asset Allocation - Moderate Initial Class		-		-			-			-		(212,823	)		(212,823	)
TA JPMorgan Asset Allocation - Moderate Service Class		2,534,732		(32,670,635	)		(30,135,903	)		2,485,499		(28,954,236	)		(26,468,737	)
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		-		(36	)		(36	)		-		(39,053	)		(39,053	)
TA JPMorgan Asset Allocation - Moderate Growth Service Class		1,874,501		(20,540,551	)		(18,666,050	)		1,286,807		(22,455,318	)		(21,168,511	)
TA JPMorgan Enhanced Index Initial Class		282		(30,652	)		(30,370	)		82		(27,785	)		(27,703	)
TA JPMorgan Enhanced Index Service Class		11,992,796		(7,464,481	)		4,528,315			7,549,842		(2,036,694	)		5,513,148
TA JPMorgan International Moderate Growth Service Class		1,099,809		(5,183,803	)		(4,083,994	)		593,941		(3,888,819	)		(3,294,878	)
TA JPMorgan Tactical Allocation Service Class		825,977		(8,371,940	)		(7,545,963	)		747,597		(20,587,624	)		(19,840,027	)
TA Madison Diversified Income Service Class		400,876		(637,679	)		(236,803	)		406,833		(993,997	)		(587,164	)
TA Market Participation Strategy Service Class		325,135		(3,232,140	)		(2,907,005	)		731,050		(3,210,095	)		(2,479,045	)

76

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Unit Dollars (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)
TA Morgan Stanley Global Allocation Service Class	$	2,250,087	$	(7,022,327	)	$	(4,772,240	)	$	961,416	$	(6,670,676	)	$	(5,709,260	)
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		498,053		(1,935,151	)		(1,437,098	)		270,772		(1,772,232	)		(1,501,460	)
TA MSCI EAFE Index Service Class		2,620,409		(769,987	)		1,850,422			2,250,221		(860,248	)		1,389,973
TA Multi-Managed Balanced Initial Class		-		-			-			-		(2	)		(2	)
TA Multi-Managed Balanced Service Class		1,507,267		(22,345,501	)		(20,838,234	)		2,089,843		(17,512,613	)		(15,422,770	)
TA PineBridge Inflation Opportunities Service Class		686,911		(2,015,152	)		(1,328,241	)		658,094		(2,436,055	)		(1,777,961	)
TA ProFunds UltraBear Service Class (OAM)		713,626		(331,825	)		381,801			-		-			-
TA S&P 500 Index Initial Class		-		-			-			-		-			-
TA S&P 500 Index Service Class		35,904,916		(14,302,052	)		21,602,864			27,266,790		(12,977,915	)		14,288,875
TA Small/Mid Cap Value Initial Class		-		(6,445	)		(6,445	)		-		(189,188	)		(189,188	)
TA Small/Mid Cap Value Service Class		3,068,407		(3,470,380	)		(401,973	)		1,761,696		(1,706,266	)		55,430
TA T. Rowe Price Small Cap Initial Class		5,786		(23,662	)		(17,876	)		12,912		(12,855	)		57
TA T. Rowe Price Small Cap Service Class		3,573,772		(7,225,367	)		(3,651,595	)		3,237,353		(7,452,652	)		(4,215,299	)
TA TSW International Equity Initial Class		47		(15,212	)		(15,165	)		15		(36,755	)		(36,740	)
TA TSW International Equity Service Class		2,174,845		(805,881	)		1,368,964			892,114		(666,052	)		226,062
TA TSW Mid Cap Value Opportunities Service Class		661,607		(2,425,188	)		(1,763,581	)		1,428,001		(4,886,420	)		(3,458,419	)
TA WMC US Growth Initial Class		5,699		(269,974	)		(264,275	)		1,594,512		(492,752	)		1,101,760
TA WMC US Growth Service Class		9,778,290		(19,707,572	)		(9,929,282	)		45,497,872		(12,439,182	)		33,058,690
Vanguard® Balanced		941,295		(1,228,429	)		(287,134	)		1,155,454		(48,700	)		1,106,754
Vanguard® Capital Growth		-		-			-			-		-			-
Vanguard® Conservative Allocation		50,673		(12,427	)		38,246			76,129		(75,937	)		192
Vanguard® Diversified Value		-		-			-			-		-			-
Vanguard® Equity Income		-		-			-			-		-			-
Vanguard® Equity Index		-		-			-			-		-			-
Vanguard® Global Bond Index		-		-			-			-		-			-
Vanguard® Growth		-		-			-			-		-			-
Vanguard® High Yield Bond		-		-			-			-		-			-
Vanguard® International		692		(18,773	)		(18,081	)		17,388		(3,630	)		13,758

77

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

4. Change in Unit Dollars (continued)

	Year Ended December 31, 2024								Year Ended December 31, 2023
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)
Vanguard® Mid-Cap Index	$	2,226,400	$	(1,379,133	)	$	847,267		$	2,481,349	$	(64,602	)	$	2,416,747
Vanguard® Moderate Allocation		301,593		(71,419	)		230,174			754,577		(270,419	)		484,158
Vanguard® Money Market		-		-			-			-		-			-
Vanguard® Real Estate Index		3,044		(4,822	)		(1,778	)		46,333		(353	)		45,980
Vanguard® Short-Term Investment Grade		26,796		(41,315	)		(14,519	)		935,242		(18,452	)		916,790
Vanguard® Total Bond Market Index		17,049		(6,308	)		10,741			26,082		(1,366	)		24,716
Vanguard® Total International Stock Market Index		-		-			-			-		-			-
Vanguard® Total Stock Market Index		-		-			-			-		-			-
Voya Global Perspectives Class S Shares		-		-			-			-		-			-
Voya Large Cap Value Class S Shares		-		-			-			-		-			-
Wanger Acorn		-		-			-			-		-			-
Wanger International		-		-			-			-		-			-

78

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights

The Separate Account offers various death benefit options, which have differing fees that are charged against the contract owner’s account balance. These charges are discussed in more detail in the individual’s policy. Differences in the fee structures for these units result in different unit values, expense ratios, and total returns.

			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
AB Balanced Hedged Allocation Class B Shares
	12/31/2024			701,882	$	18.22	to	$	12.63	$	3,443,733		1.78	%		0.40	%	to	2.70	%		8.14	%	to	5.71	%
	12/31/2023			860,435		16.85	to		11.95		3,726,253		0.95			0.40		to	2.70			12.21		to	9.71
	12/31/2022			1,023,232		15.02	to		10.90		4,998,693		3.35			0.40		to	2.70			(19.49	)	to	(21.29	)
	12/31/2021			1,053,928		18.65	to		13.84		5,577,973		0.24			0.40		to	2.70			12.91		to	10.38
	12/31/2020			1,310,749		16.52	to		12.54		5,728,383		2.16			0.40		to	2.70			8.82		to	6.38
AB Large Cap Growth Class B Shares
	12/31/2024			38,190		6.98	to		4.89		255,814		-			1.15		to	2.50			23.52		to	21.89
	12/31/2023			47,945		5.65	to		4.02		263,304		-			1.15		to	2.50			33.26		to	31.51
	12/31/2022			60,283		4.24	to		3.05		249,153		-			1.15		to	2.50			(29.50	)	to	(30.43	)
	12/31/2021			65,373		6.01	to		4.39		384,520		-			1.15		to	2.50			27.19		to	25.52
	12/31/2020			74,990		4.73	to		3.50		347,013		-			1.15		to	2.50			33.61		to	31.85
AB Relative Value Class B Shares
	12/31/2024			2,204,207		30.43	to		3.08		29,172,554		1.23			0.40		to	2.50			12.31		to	10.00
	12/31/2023			2,685,372		27.09	to		2.80		30,433,103		1.29			0.40		to	2.50			11.28		to	9.00
	12/31/2022			3,155,821		24.35	to		2.56		29,665,837		1.13			0.40		to	2.50			(4.80	)	to	(6.75	)
	12/31/2021			3,787,700		25.57	to		2.75		32,182,843		0.68			0.40		to	2.50			27.33		to	24.72
	12/31/2020			3,483,052		20.09	to		2.21		21,508,118		1.29			0.40		to	2.50			2.06		to	(0.03	)
American Funds - Asset Allocation Class 2 Shares
	12/31/2024			5,296,840		24.60	to		15.96		52,923,925		2.23			0.60		to	2.80			15.74		to	13.25
	12/31/2023			5,874,465		21.25	to		14.10		45,710,451		2.18			0.60		to	2.80			13.59		to	11.17
	12/31/2022			6,602,190		18.71	to		12.68		45,580,310		1.78			0.60		to	2.80			(13.92	)	to	(15.76	)
	12/31/2021			7,513,966		21.74	to		15.05		64,268,866		1.46			0.60		to	2.80			14.41		to	11.97
	12/31/2020			8,833,232		19.00	to		13.44		68,325,699		1.66			0.60		to	2.80			11.78		to	9.39
American Funds - Asset Allocation Class 4 Shares
	12/31/2024			440,458		15.39	to		14.15		6,464,338		2.16			0.40		to	2.20			15.64		to	13.57
	12/31/2023			354,776		13.31	to		12.46		4,548,518		2.13			0.40		to	2.20			13.57		to	11.55
	12/31/2022			302,171		11.72	to		11.17		3,439,760		3.25			0.40		to	2.20			(14.01	)	to	(15.54	)
	12/31/2021			49,051		13.63	to		13.23		656,896		2.83			0.40		to	2.20			14.38		to	12.34
	12/31/2020	(1)		-		11.92	to		11.77		-		-			0.40		to	2.20			-		to	-
American Funds - Growth Class 2 Shares
	12/31/2024			2,602,519		55.81	to		31.36		87,676,606		0.33			0.60		to	2.80			30.83		to	28.02
	12/31/2023			2,956,979		42.66	to		24.49		78,648,665		0.35			0.60		to	2.80			37.66		to	34.72
	12/31/2022			3,540,304		30.99	to		18.18		69,410,498		0.31			0.60		to	2.80			(30.36	)	to	(31.84	)
	12/31/2021			3,917,333		44.50	to		26.67		109,536,663		0.21			0.60		to	2.80			21.26		to	18.67
	12/31/2020			4,828,493		36.70	to		22.48		106,715,815		0.32			0.60		to	2.80			51.17		to	47.94
American Funds - Growth Class 4 Shares
	12/31/2024			1,471,869		23.02	to		21.16		32,206,467		0.17			0.33		to	2.13			30.86		to	28.52
	12/31/2023			1,161,072		17.59	to		16.47		19,620,231		0.18			0.33		to	2.13			37.68		to	35.24
	12/31/2022			578,574		12.77	to		12.18		7,173,474		0.11			0.33		to	2.13			(30.34	)	to	(31.59	)
	12/31/2021			378,712		18.34	to		17.80		6,816,978		0.05			0.33		to	2.13			21.28		to	19.12
	12/31/2020	(1)		6,439		15.12	to		14.94		96,620		-			0.33		to	2.13			-		to	-
American Funds - Growth-Income Class 2 Shares
	12/31/2024			1,726,401		39.13	to		22.17		35,807,289		1.07			0.60		to	2.80			23.48		to	20.83
	12/31/2023			1,992,599		31.69	to		18.35		33,963,618		1.26			0.60		to	2.80			25.39		to	22.71
	12/31/2022			2,494,027		25.27	to		14.95		37,848,279		1.24			0.60		to	2.80			(16.99	)	to	(18.76	)
	12/31/2021			2,906,650		30.45	to		18.41		52,754,282		1.06			0.60		to	2.80			23.35		to	20.72
	12/31/2020			3,464,076		24.68	to		15.25		53,391,654		1.40			0.60		to	2.80			12.87		to	10.45

79

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
American Funds - Growth-Income Class 4 Shares
	12/31/2024			580,706	$	19.91	to	$	18.31	$	11,011,547		1.00	%		0.33	%	to	2.13	%		23.51	%	to	21.29	%
	12/31/2023			440,404		16.12	to		15.09		6,828,828		1.59			0.33		to	2.13			25.41		to	23.18
	12/31/2022			167,718		12.86	to		12.25		2,095,316		1.22			0.33		to	2.13			(16.98	)	to	(18.46	)
	12/31/2021			99,895		15.48	to		15.03		1,520,514		1.55			0.33		to	2.13			23.39		to	21.19
	12/31/2020	(1)		2,505		12.55	to		12.40		31,202		1.39			0.33		to	2.13			-		to	-
American Funds - International Class 2 Shares
	12/31/2024			4,037,492		15.22	to		12.02		20,469,193		1.14			0.60		to	2.80			2.54		to	0.33
	12/31/2023			4,620,914		14.85	to		11.98		22,808,751		1.18			0.60		to	2.80			15.15		to	12.70
	12/31/2022			5,724,134		12.89	to		10.63		25,590,522		1.71			0.60		to	2.80			(21.26	)	to	(22.94	)
	12/31/2021			6,542,674		16.37	to		13.79		35,090,632		2.38			0.60		to	2.80			(2.09	)	to	(4.18	)
	12/31/2020			7,967,374		16.72	to		14.39		37,493,013		0.63			0.60		to	2.80			13.29		to	10.87
American Funds - International Class 4 Shares
	12/31/2024			278,976		12.77	to		11.74		3,399,660		1.09			0.33		to	2.13			2.59		to	0.75
	12/31/2023			214,244		12.45	to		11.65		2,575,449		1.39			0.33		to	2.13			15.18		to	13.13
	12/31/2022			111,450		10.81	to		10.30		1,174,034		1.68			0.33		to	2.13			(21.28	)	to	(22.68	)
	12/31/2021			83,515		13.73	to		13.32		1,129,244		5.94			0.33		to	2.13			(2.04	)	to	(3.78	)
	12/31/2020	(1)		-		14.02	to		13.85		-		-			0.33		to	2.13			-		to	-
American Funds - New World Class 4 Shares
	12/31/2024			85,563		14.20	to		13.05		1,160,186		1.25			0.35		to	2.15			5.96		to	4.06
	12/31/2023			72,660		13.40	to		12.54		939,316		1.46			0.35		to	2.15			15.27		to	13.22
	12/31/2022			47,015		11.63	to		11.08		531,517		1.18			0.35		to	2.15			(22.52	)	to	(23.90	)
	12/31/2021			26,521		15.00	to		14.56		390,932		1.26			0.35		to	2.15			4.26		to	2.40
	12/31/2020	(1)		-		14.39	to		14.22		-		-			0.35		to	2.15			-		to	-
American Funds - The Bond Fund of America Class 2 Shares
	12/31/2024			4,490,813		11.16	to		9.21		17,908,164		3.98			0.60		to	2.80			0.55		to	(1.62	)
	12/31/2023			4,423,664		11.10	to		9.36		19,668,943		3.76			0.60		to	2.80			4.39		to	2.17
	12/31/2022			3,246,215		10.64	to		9.17		15,728,870		2.85			0.60		to	2.80			(13.10	)	to	(14.96	)
	12/31/2021			3,793,559		12.24	to		10.78		20,360,818		1.33			0.60		to	2.80			(0.90	)	to	(3.02	)
	12/31/2020			4,187,083		12.35	to		11.11		22,035,060		2.21			0.60		to	2.80			9.08		to	6.75
American Funds - The Bond Fund of America Class 4 Shares
	12/31/2024			561,145		9.48	to		8.72		5,078,701		4.45			0.31		to	2.11			0.66		to	(1.14	)
	12/31/2023			463,343		9.42	to		8.82		4,214,031		4.61			0.31		to	2.11			4.40		to	2.54
	12/31/2022			203,002		9.02	to		8.60		1,779,049		3.31			0.31		to	2.11			(13.02	)	to	(14.57	)
	12/31/2021			109,163		10.37	to		10.07		1,113,226		1.93			0.31		to	2.11			(0.89	)	to	(2.66	)
	12/31/2020	(1)		-		10.47	to		10.34		-		-			0.31		to	2.11			-		to	-
Dimensional VA Equity Allocation
	12/31/2024			-		16.50	to		16.33		-		-			0.27		to	0.47			14.79		to	14.56
	12/31/2023			-		14.37	to		14.26		-		-			0.27		to	0.47			19.82		to	19.58
	12/31/2022			-		11.99	to		11.92		-		-			0.27		to	0.47			(13.91	)	to	(14.09	)
	12/31/2021			-		13.93	to		13.88		-		-			0.27		to	0.47			24.04		to	23.79
	12/31/2020			-		11.23	to		11.21		-		-			0.27		to	0.47			11.85		to	11.63
Dimensional VA Global Bond
	12/31/2024			20,694		10.28	to		9.21		197,636		4.78			0.27		to	2.60			5.10		to	2.67
	12/31/2023			23,806		9.78	to		8.98		220,526		4.45			0.27		to	2.60			4.77		to	2.36
	12/31/2022			20,449		9.34	to		8.77		183,576		1.74			0.27		to	2.60			(6.59	)	to	(8.73	)
	12/31/2021			15,360		9.99	to		9.61		149,936		0.55			0.27		to	2.60			(1.31	)	to	(3.58	)
	12/31/2020			-		10.13	to		9.96		-		-			0.27		to	2.60			1.18		to	0.98
Dimensional VA Global Moderate Allocation
	12/31/2024			-		14.39	to		14.24		-		-			0.27		to	0.47			11.69		to	11.46
	12/31/2023			-		12.88	to		12.78		-		-			0.27		to	0.47			14.42		to	14.19
	12/31/2022			-		11.26	to		11.19		-		-			0.27		to	0.47			(11.20	)	to	(11.37	)
	12/31/2021			-		12.68	to		12.63		-		-			0.27		to	0.47			13.90		to	13.67
	12/31/2020			-		11.13	to		11.11		-		-			0.27		to	0.47			10.99		to	10.77

80

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
Dimensional VA International Small
	12/31/2024			-	$	12.24	to	$	12.12	$	-		-	%		0.27	%	to	0.47	%		3.54	%	to	3.33	%
	12/31/2023			-		11.82	to		11.73		-		-			0.27		to	0.47			13.80		to	13.58
	12/31/2022			-		10.39	to		10.33		-		-			0.27		to	0.47			(17.87	)	to	(18.03	)
	12/31/2021			-		12.65	to		12.60		-		-			0.27		to	0.47			14.26		to	14.03
	12/31/2020			-		11.07	to		11.05		-		-			0.27		to	0.47			9.12		to	8.90
Dimensional VA International Value
	12/31/2024			-		13.93	to		13.79		-		-			0.27		to	0.47			6.33		to	6.12
	12/31/2023			-		13.10	to		13.00		-		-			0.27		to	0.47			17.54		to	17.31
	12/31/2022			-		11.15	to		11.08		-		-			0.27		to	0.47			(3.72	)	to	(3.91	)
	12/31/2021			-		11.58	to		11.53		-		-			0.27		to	0.47			17.80		to	17.56
	12/31/2020			-		9.83	to		9.81		-		-			0.27		to	0.47			(2.03	)	to	(2.23	)
Dimensional VA Short-Term Fixed
	12/31/2024			-		10.84	to		10.73		-		-			0.27		to	0.47			5.20		to	4.99
	12/31/2023			-		10.31	to		10.22		-		-			0.27		to	0.47			4.70		to	4.49
	12/31/2022			-		9.84	to		9.78		-		-			0.27		to	0.47			(1.42	)	to	(1.62	)
	12/31/2021			-		9.99	to		9.95		-		-			0.27		to	0.47			(0.46	)	to	(0.66	)
	12/31/2020			-		10.03	to		10.01		-		-			0.27		to	0.47			0.33		to	0.13
Dimensional VA U.S. Large Value
	12/31/2024			-		14.83	to		14.68		-		-			0.27		to	0.47			13.08		to	12.85
	12/31/2023			-		13.11	to		13.01		-		-			0.27		to	0.47			10.62		to	10.40
	12/31/2022			-		11.86	to		11.78		-		-			0.27		to	0.47			(5.13	)	to	(5.32	)
	12/31/2021			-		12.50	to		12.45		-		-			0.27		to	0.47			26.69		to	26.44
	12/31/2020			-		9.86	to		9.84		-		-			0.27		to	0.47			(1.64	)	to	(1.84	)
Dimensional VA U.S. Targeted Value
	12/31/2024			-		17.81	to		17.63		-		-			0.27		to	0.47			7.84		to	7.63
	12/31/2023			-		16.51	to		16.38		-		-			0.27		to	0.47			19.71		to	19.47
	12/31/2022			-		13.79	to		13.71		-		-			0.27		to	0.47			(4.47	)	to	(4.66	)
	12/31/2021			-		14.44	to		14.38		-		-			0.27		to	0.47			39.30		to	39.03
	12/31/2020			-		10.36	to		10.34		-		-			0.27		to	0.47			3.70		to	3.50
Fidelity® VIP Balanced Service Class 2
	12/31/2024			3,857,252		28.69	to		18.57		39,523,435		1.68			0.40		to	2.50			15.16		to	12.79
	12/31/2023			4,617,010		24.92	to		16.46		37,699,205		1.51			0.40		to	2.50			20.75		to	18.29
	12/31/2022			5,182,739		20.63	to		13.91		36,390,563		1.05			0.40		to	2.50			(18.51	)	to	(20.18	)
	12/31/2021			5,493,245		25.32	to		17.43		47,618,986		0.72			0.40		to	2.50			17.52		to	15.11
	12/31/2020			6,488,999		21.55	to		15.14		44,888,978		1.30			0.40		to	2.50			21.64		to	19.15
Fidelity® VIP Consumer Staples Initial Class
	12/31/2024			67,272		14.78	to		13.59		948,319		2.43			0.70		to	2.50			4.83		to	2.95
	12/31/2023			47,083		14.10	to		13.20		640,729		2.09			0.70		to	2.50			2.42		to	0.60
	12/31/2022			18,218		13.76	to		13.12		244,657		1.56			0.70		to	2.50			(1.31	)	to	(3.06	)
	12/31/2021			10,034		13.95	to		13.53		138,124		3.06			0.70		to	2.50			13.44		to	11.42
	12/31/2020	(1)		-		12.29	to		12.15		-		-			0.70		to	2.50			-		to	-
Fidelity® VIP Contrafund® Initial Class
	12/31/2024			-		44.93	to		43.13		-		-			0.65		to	1.00			32.92		to	32.45
	12/31/2023			-		33.80	to		32.56		-		-			0.65		to	1.00			32.59		to	32.13
	12/31/2022			-		25.49	to		24.64		-		-			0.65		to	1.00			(26.79	)	to	(27.05	)
	12/31/2021			-		34.82	to		33.78		-		-			0.65		to	1.00			27.01		to	26.56
	12/31/2020			-		27.42	to		26.69		-		-			0.65		to	1.00			29.72		to	29.27
Fidelity® VIP Contrafund® Service Class 2
	12/31/2024			3,724,585		44.08	to		6.23		82,902,007		0.03			0.40		to	2.50			32.91		to	30.18
	12/31/2023			4,271,528		33.17	to		4.79		69,449,672		0.25			0.40		to	2.50			32.59		to	29.88
	12/31/2022			4,883,242		25.02	to		3.68		59,223,804		0.25			0.40		to	2.50			(26.78	)	to	(28.28	)
	12/31/2021			5,640,024		34.16	to		5.14		92,076,436		0.03			0.40		to	2.50			27.00		to	24.40
	12/31/2020			6,277,391		26.90	to		4.13		77,314,433		0.08			0.40		to	2.50			29.71		to	27.06

81

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
Fidelity® VIP Energy Service Class 2
	12/31/2024			100,015	$	28.38	to	$	26.10	$	2,706,190		2.02	%		0.50	%	to	2.30	%		3.50	%	to	1.64	%
	12/31/2023			73,201		27.42	to		25.68		1,935,964		2.26			0.50		to	2.30			0.20		to	(1.58	)
	12/31/2022			38,239		27.37	to		26.09		1,019,719		2.11			0.50		to	2.30			62.06		to	59.18
	12/31/2021			5,216		16.89	to		16.39		86,376		7.94			0.50		to	2.30			54.06		to	51.32
	12/31/2020	(1)		-		10.96	to		10.83		-		-			0.50		to	2.30			-		to	-
Fidelity® VIP Equity-Income Service Class 2
	12/31/2024			110,569		3.03	to		3.01		359,222		1.54			1.15		to	2.50			13.74		to	12.24
	12/31/2023			146,442		2.67	to		2.68		435,509		1.71			1.15		to	2.50			9.13		to	7.69
	12/31/2022			161,930		2.44	to		2.49		438,088		1.72			1.15		to	2.50			(6.32	)	to	(7.55	)
	12/31/2021			168,699		2.61	to		2.69		487,336		1.62			1.15		to	2.50			23.19		to	21.57
	12/31/2020			186,369		2.12	to		2.21		439,943		1.49			1.15		to	2.50			5.23		to	3.84
Fidelity® VIP Growth Service Class 2
	12/31/2024			173,882		7.33	to		5.27		1,154,842		-			1.15		to	2.50			28.59		to	26.89
	12/31/2023			180,484		5.70	to		4.15		934,357		-			1.15		to	2.50			34.35		to	32.59
	12/31/2022			190,522		4.25	to		3.13		736,401		0.35			1.15		to	2.50			(25.50	)	to	(26.48	)
	12/31/2021			197,442		5.70	to		4.26		1,025,804		-			1.15		to	2.50			21.51		to	19.91
	12/31/2020			286,687		4.69	to		3.55		1,315,751		0.04			1.15		to	2.50			41.92		to	40.05
Fidelity® VIP Growth Opportunities Service Class 2
	12/31/2024			934		8.16	to		5.95		5,762		-			1.25		to	1.55			36.84		to	36.43
	12/31/2023			975		5.97	to		4.36		4,402		-			1.25		to	1.55			43.52		to	43.09
	12/31/2022			1,016		4.16	to		3.05		3,200		-			1.25		to	1.55			(39.08	)	to	(39.26	)
	12/31/2021			1,060		6.82	to		5.01		5,491		-			1.25		to	1.55			10.29		to	9.97
	12/31/2020			1,105		6.19	to		4.56		5,198		-			1.25		to	1.55			66.16		to	65.67
Fidelity® VIP Health Care Service Class 2
	12/31/2024			294,915		12.51	to		11.50		3,509,331		-			0.50		to	2.30			4.33		to	2.46
	12/31/2023			190,312		11.99	to		11.23		2,196,885		-			0.50		to	2.30			3.49		to	1.65
	12/31/2022			62,065		11.59	to		11.04		701,256		-			0.50		to	2.30			(13.05	)	to	(14.60	)
	12/31/2021			38,882		13.33	to		12.93		509,544		-			0.50		to	2.30			10.89		to	8.91
	12/31/2020	(1)		-		12.02	to		11.87		-		-			0.50		to	2.30			-		to	-
Fidelity® VIP Mid Cap Initial Class
	12/31/2024			-		29.74	to		28.55		-		-			0.65		to	1.00			16.73		to	16.32
	12/31/2023			-		25.48	to		24.55		-		-			0.65		to	1.00			14.33		to	13.93
	12/31/2022			-		22.28	to		21.54		-		-			0.65		to	1.00			(15.30	)	to	(15.59	)
	12/31/2021			-		26.31	to		25.52		-		-			0.65		to	1.00			24.79		to	24.35
	12/31/2020			-		21.08	to		20.52		-		-			0.65		to	1.00			17.42		to	17.01
Fidelity® VIP Mid Cap Service Class 2
	12/31/2024			1,782,337		29.17	to		5.30		30,440,438		0.34			0.40		to	2.50			16.71		to	14.30
	12/31/2023			1,907,047		25.00	to		4.63		27,720,569		0.38			0.40		to	2.50			14.34		to	12.01
	12/31/2022			1,936,978		21.86	to		4.14		25,634,002		0.26			0.40		to	2.50			(15.31	)	to	(17.04	)
	12/31/2021			2,271,223		25.81	to		4.99		36,126,112		0.35			0.40		to	2.50			24.81		to	22.25
	12/31/2020			2,569,560		20.68	to		4.08		32,192,771		0.41			0.40		to	2.50			17.40		to	14.99
Fidelity® VIP Technology Initial Class
	12/31/2024			1,043,291		27.60	to		25.38		27,346,745		-			0.70		to	2.50			34.64		to	32.23
	12/31/2023			608,719		20.50	to		19.19		11,957,032		0.22			0.70		to	2.50			57.22		to	54.43
	12/31/2022			108,242		13.04	to		12.43		1,370,236		-			0.70		to	2.50			(36.30	)	to	(37.44	)
	12/31/2021			48,298		20.47	to		19.87		971,215		-			0.70		to	2.50			27.27		to	25.00
	12/31/2020	(1)		-		16.08	to		15.89		-		-			0.70		to	2.50			-		to	-
Fidelity® VIP Utilities Initial Class
	12/31/2024			57,194		17.80	to		16.37		969,786		2.30			0.70		to	2.50			28.10		to	25.80
	12/31/2023			50,198		13.90	to		13.01		671,730		2.33			0.70		to	2.50			(1.72	)	to	(3.47	)
	12/31/2022			28,642		14.14	to		13.48		393,957		1.35			0.70		to	2.50			4.69		to	2.83
	12/31/2021			10,091		13.51	to		13.11		133,925		3.32			0.70		to	2.50			16.68		to	14.60
	12/31/2020	(1)		-		11.58	to		11.44		-		-			0.70		to	2.50			-		to	-

82

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
Fidelity® VIP Value Strategies Initial Class
	12/31/2024		389	$	29.50	to	$	28.32	$	11,464		0.98	%		0.65	%	to	1.00	%		8.69	%	to	8.31	%
	12/31/2023		456		27.14	to		26.15		12,376		1.12			0.65		to	1.00			20.07		to	19.65
	12/31/2022		535		22.61	to		21.86		12,093		0.89			0.65		to	1.00			(7.63	)	to	(7.95	)
	12/31/2021		835		24.47	to		23.74		20,440		1.40			0.65		to	1.00			32.73		to	32.27
	12/31/2020		1,143		18.44	to		17.95		21,082		1.26			0.65		to	1.00			7.56		to	7.18
Fidelity® VIP Value Strategies Service Class 2
	12/31/2024		819,443		28.95	to		4.65		12,443,172		0.79			0.40		to	2.50			8.72		to	6.48
	12/31/2023		830,022		26.63	to		4.37		11,404,445		0.80			0.40		to	2.50			20.13		to	17.67
	12/31/2022		996,935		22.16	to		3.71		12,431,698		0.82			0.40		to	2.50			(7.72	)	to	(9.60	)
	12/31/2021		1,013,665		24.02	to		4.11		13,696,957		1.26			0.40		to	2.50			32.81		to	30.09
	12/31/2020		1,129,790		18.08	to		3.16		10,985,255		0.93			0.40		to	2.50			7.59		to	5.38
Franklin Allocation Class 4 Shares
	12/31/2024		355,491		2.77	to		12.70		935,227		1.89			1.30		to	2.65			7.48		to	6.06
	12/31/2023		480,475		2.58	to		11.97		1,179,050		1.31			1.30		to	2.65			13.16		to	11.67
	12/31/2022		535,209		2.28	to		10.72		1,165,537		1.52			1.30		to	2.65			(17.27	)	to	(18.35	)
	12/31/2021		639,238		2.76	to		13.13		1,691,347		1.55			1.30		to	2.65			10.10		to	8.66
	12/31/2020		876,912		2.50	to		12.09		2,107,767		1.30			1.30		to	2.65			10.32		to	8.87
Franklin Income Class 2 Shares
	12/31/2024		569,206		1.98	to		1.76		1,093,571		5.27			1.15		to	2.50			5.98		to	4.57
	12/31/2023		678,872		1.86	to		1.68		1,234,609		5.14			1.15		to	2.50			7.39		to	5.98
	12/31/2022		795,548		1.74	to		1.59		1,350,813		4.87			1.15		to	2.50			(6.55	)	to	(7.77	)
	12/31/2021		876,578		1.86	to		1.72		1,597,712		4.61			1.15		to	2.50			15.43		to	13.91
	12/31/2020		1,148,888		1.61	to		1.51		1,816,229		5.92			1.15		to	2.50			(0.45	)	to	(1.76	)
Franklin Mutual Shares Class 2 Shares
	12/31/2024		129,988		1.92	to		2.16		248,969		1.81			1.15		to	2.50			10.00		to	8.54
	12/31/2023		165,644		1.74	to		1.99		288,330		1.88			1.15		to	2.50			12.18		to	10.70
	12/31/2022		182,116		1.56	to		1.80		283,160		1.84			1.15		to	2.50			(8.48	)	to	(9.69	)
	12/31/2021		188,619		1.70	to		1.99		321,495		2.77			1.15		to	2.50			17.81		to	16.26
	12/31/2020		250,537		1.44	to		1.71		365,068		2.50			1.15		to	2.50			(6.12	)	to	(7.36	)
Franklin Templeton Foreign Class 2 Shares
	12/31/2024		518,072		1.14	to		1.20		568,394		2.46			1.15		to	2.50			(2.13	)	to	(3.43	)
	12/31/2023		590,345		1.17	to		1.24		664,208		3.21			1.15		to	2.50			19.39		to	17.82
	12/31/2022		625,481		0.98	to		1.05		591,539		3.06			1.15		to	2.50			(8.65	)	to	(9.86	)
	12/31/2021		685,530		1.07	to		1.17		712,329		1.83			1.15		to	2.50			2.97		to	1.62
	12/31/2020		873,773		1.04	to		1.15		882,412		3.42			1.15		to	2.50			(2.28	)	to	(3.57	)
Invesco V.I. American Franchise Series II Shares
	12/31/2024		28,284		4.67	to		3.95		123,168		-			1.15		to	2.50			33.02		to	31.26
	12/31/2023		43,068		3.51	to		3.01		143,184		-			1.15		to	2.50			39.00		to	37.18
	12/31/2022		47,554		2.53	to		2.19		114,156		-			1.15		to	2.50			(32.08	)	to	(32.97	)
	12/31/2021		50,538		3.72	to		3.27		179,391		-			1.15		to	2.50			10.38		to	8.92
	12/31/2020		54,083		3.37	to		3.00		174,651		-			1.15		to	2.50			40.38		to	38.54
Janus Henderson - Enterprise Service Shares
	12/31/2024		23,755		6.10	to		4.88		163,149		0.66			1.15		to	2.50			14.00		to	12.49
	12/31/2023		29,911		5.35	to		4.34		187,980		0.08			1.15		to	2.50			16.44		to	14.91
	12/31/2022		37,065		4.60	to		3.78		195,139		0.27			1.15		to	2.50			(17.10	)	to	(18.19	)
	12/31/2021		38,423		5.54	to		4.62		244,588		0.21			1.15		to	2.50			15.22		to	13.70
	12/31/2020		75,169		4.81	to		4.06		420,125		0.04			1.15		to	2.50			17.83		to	16.28
Janus Henderson - Global Research Service Shares
	12/31/2024		91,917		3.50	to		2.59		271,083		0.59			1.15		to	2.50			21.86		to	20.24
	12/31/2023		101,935		2.87	to		2.15		250,048		0.77			1.15		to	2.50			25.04		to	23.40
	12/31/2022		106,911		2.30	to		1.74		210,627		1.49			1.15		to	2.50			(20.52	)	to	(21.57	)
	12/31/2021		111,996		2.89	to		2.22		278,799		0.37			1.15		to	2.50			16.46		to	14.92
	12/31/2020		149,667		2.48	to		1.94		323,262		0.60			1.15		to	2.50			18.40		to	16.84

83

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

			At December 31								For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
Janus Henderson - Mid Cap Value Service Shares
	12/31/2024			731		$3.87	to	$3.60	$	2,724		0.84	%		1.25	%	to	1.55	%		11.40	%	to	11.07	%
	12/31/2023			763		3.48	to	3.24		2,556		0.97			1.25		to	1.55			9.74		to	9.42
	12/31/2022			795		3.17	to	2.96		2,430		1.17			1.25		to	1.55			(6.94	)	to	(7.21	)
	12/31/2021			830		3.41	to	3.19		2,730		0.31			1.25		to	1.55			17.95		to	17.60
	12/31/2020			865		2.89	to	2.71		2,416		1.08			1.25		to	1.55			(2.43	)	to	(2.72	)
LVIP JPMorgan Core Bond Standard Shares
	12/31/2024			174,715		1.30	to	9.26		222,519		4.09			1.25		to	2.50			0.46		to	(0.77	)
	12/31/2023	(1)		208,130		1.29	to	9.33		264,335		1.59			1.25		to	2.50			-		to	-
LVIP JPMorgan Mid Cap Value Standard Shares
	12/31/2024			47,852		5.44	to	15.61		259,187		1.27			1.25		to	2.50			12.87		to	11.48
	12/31/2023	(1)		47,875		4.82	to	14.00		229,799		1.96			1.25		to	2.50			-		to	-
LVIP JPMorgan Small Cap Core Standard Shares
	12/31/2024			-		5.03	to	14.39		-		-			1.25		to	2.50			10.32		to	8.97
	12/31/2023	(1)		-		4.56	to	13.21		-		-			1.25		to	2.50			-		to	-
LVIP JPMorgan U.S. Equity Standard Shares
	12/31/2024			7,245		8.03	to	25.40		56,823		0.38			1.25		to	2.50			22.45		to	20.95
	12/31/2023	(1)		28,360		6.56	to	21.00		183,942		0.83			1.25		to	2.50			-		to	-
MFS® New Discovery Service Class
	12/31/2024			193,727		4.28	to	4.21		863,952		-			1.15		to	2.50			5.22		to	3.83
	12/31/2023			222,420		4.07	to	4.05		943,449		-			1.15		to	2.50			12.96		to	11.48
	12/31/2022			246,232		3.60	to	3.64		921,613		-			1.15		to	2.50			(30.79	)	to	(31.70	)
	12/31/2021			268,845		5.20	to	5.32		1,465,956		-			1.15		to	2.50			0.42		to	(0.91	)
	12/31/2020			394,413		5.18	to	5.37		2,156,204		-			1.15		to	2.50			43.93		to	42.04
MFS® Total Return Service Class
	12/31/2024			238,110		2.42	to	2.33		587,314		2.24			1.15		to	2.50			6.23		to	4.82
	12/31/2023			283,851		2.28	to	2.22		668,036		1.83			1.15		to	2.50			8.97		to	7.54
	12/31/2022			299,284		2.09	to	2.07		647,086		1.50			1.15		to	2.50			(10.86	)	to	(12.03	)
	12/31/2021			350,267		2.34	to	2.35		853,737		1.61			1.15		to	2.50			12.54		to	11.06
	12/31/2020			417,441		2.08	to	2.12		913,740		2.01			1.15		to	2.50			8.27		to	6.84
State Street Total Return V.I.S. Class 3 Shares
	12/31/2024			716,919		17.88	to	12.85		3,783,001		3.96			0.40		to	2.70			10.61		to	8.12
	12/31/2023			911,671		16.16	to	11.89		4,320,373		2.29			0.40		to	2.70			14.75		to	12.19
	12/31/2022			981,569		14.09	to	10.60		3,490,607		0.43			0.40		to	2.70			(17.05	)	to	(18.91	)
	12/31/2021			1,045,636		16.98	to	13.07		4,194,401		1.88			0.40		to	2.70			12.75		to	10.23
	12/31/2020			1,119,055		15.06	to	11.85		3,851,511		1.63			0.40		to	2.70			5.71		to	3.35
TA 60/40 Allocation Service Class
	12/31/2024			803,555		16.36	to	14.51		12,191,288		1.48			0.20		to	2.00			12.11		to	10.10
	12/31/2023			823,907		14.59	to	13.18		11,276,002		1.24			0.20		to	2.00			15.72		to	13.66
	12/31/2022			239,154		12.61	to	11.60		2,881,025		1.08			0.20		to	2.00			(13.97	)	to	(15.50	)
	12/31/2021			155,670		14.66	to	13.72		2,206,624		0.90			0.20		to	2.00			13.06		to	11.05
	12/31/2020			134,127		12.97	to	12.36		1,696,772		0.63			0.20		to	2.00			12.24		to	10.24
TA Aegon Bond Initial Class
	12/31/2024			141,205		1.66	to	1.25		226,805		4.16			1.25		to	2.50			0.87		to	(0.37	)
	12/31/2023			116,664		1.65	to	1.25		186,045		0.94			1.25		to	2.50			5.14		to	3.86
	12/31/2022			130,235		1.57	to	1.21		197,832		2.67			1.25		to	2.50			(15.89	)	to	(16.91	)
	12/31/2021			139,582		1.86	to	1.45		252,453		1.53			1.25		to	2.50			(2.10	)	to	(3.29	)
	12/31/2020			148,999		1.90	to	1.50		275,667		4.22			1.25		to	2.50			6.36		to	5.06
TA Aegon Bond Service Class
	12/31/2024			12,192,398		10.91	to	8.97		40,130,787		3.91			0.20		to	2.50			1.67		to	(0.65	)
	12/31/2023			13,977,065		10.73	to	9.03		44,556,414		0.62			0.20		to	2.50			5.97		to	3.57
	12/31/2022			16,746,853		10.13	to	8.72		50,609,656		2.29			0.20		to	2.50			(15.25	)	to	(17.18	)
	12/31/2021			19,660,122		11.95	to	10.52		69,915,764		1.26			0.20		to	2.50			(1.27	)	to	(3.51	)
	12/31/2020			21,551,315		12.10	to	10.91		72,677,306		4.04			0.20		to	2.50			7.19		to	4.75

84

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA Aegon Core Bond Service Class
	12/31/2024		5,866,792		$11.13	to	$9.09	$	32,712,715		4.49	%		0.20	%	to	2.50	%		0.97	%	to	(1.31	) %
	12/31/2023		6,324,440		11.03	to	9.21		28,703,979		1.97			0.20		to	2.50			5.57		to	3.21
	12/31/2022		8,154,322		10.44	to	8.92		36,093,509		2.36			0.20		to	2.50			(13.17	)	to	(15.11	)
	12/31/2021		9,363,916		12.03	to	10.51		44,991,456		2.35			0.20		to	2.50			(1.46	)	to	(3.67	)
	12/31/2020		9,950,621		12.21	to	10.91		44,594,570		3.38			0.20		to	2.50			6.95		to	4.55
TA Aegon High Yield Bond Initial Class
	12/31/2024		25,517		15.66	to	2.33		77,476		5.22			0.45		to	2.50			6.95		to	4.80
	12/31/2023		24,272		14.64	to	2.23		70,677		4.55			0.45		to	2.50			10.61		to	8.40
	12/31/2022		22,100		13.24	to	2.06		60,147		5.83			0.45		to	2.50			(11.52	)	to	(13.29	)
	12/31/2021		22,739		14.96	to	2.37		74,411		5.24			0.45		to	2.50			5.87		to	3.75
	12/31/2020		23,086		14.13	to	2.28		75,717		6.40			0.45		to	2.50			4.57		to	2.48
TA Aegon High Yield Bond Service Class
	12/31/2024		1,039,352		15.25	to	11.46		6,978,910		4.94			0.20		to	2.50			6.93		to	4.52
	12/31/2023		1,112,801		14.26	to	10.97		6,656,087		4.18			0.20		to	2.50			10.65		to	8.17
	12/31/2022		1,180,005		12.89	to	10.14		6,245,245		5.30			0.20		to	2.50			(11.63	)	to	(13.61	)
	12/31/2021		1,381,562		14.59	to	11.74		8,307,062		5.12			0.20		to	2.50			6.04		to	3.66
	12/31/2020		1,572,327		13.76	to	11.32		8,022,950		6.09			0.20		to	2.50			4.47		to	2.12
TA Aegon Sustainable Equity Income Initial Class
	12/31/2024		747,335		22.03	to	2.26		2,618,044		2.06			0.45		to	2.50			16.40		to	14.06
	12/31/2023		803,482		18.92	to	1.98		2,439,643		2.21			0.45		to	2.50			5.81		to	3.70
	12/31/2022		849,455		17.88	to	1.91		2,458,819		2.19			0.45		to	2.50			(12.02	)	to	(13.78	)
	12/31/2021		890,018		20.33	to	2.21		2,952,898		2.13			0.45		to	2.50			21.87		to	19.44
	12/31/2020		944,150		16.68	to	1.85		2,583,843		3.04			0.45		to	2.50			(7.77	)	to	(9.61	)
TA Aegon Sustainable Equity Income Service Class
	12/31/2024		1,529,653		21.44	to	12.66		12,836,176		1.77			0.20		to	2.50			16.37		to	13.74
	12/31/2023		1,932,898		18.42	to	11.13		13,426,952		1.71			0.20		to	2.50			5.79		to	3.43
	12/31/2022		2,871,545		17.41	to	10.76		18,248,980		1.89			0.20		to	2.50			(12.02	)	to	(13.99	)
	12/31/2021		3,326,417		19.79	to	12.51		22,598,642		1.82			0.20		to	2.50			21.88		to	19.14
	12/31/2020		4,250,805		16.24	to	10.50		21,012,799		2.79			0.20		to	2.50			(7.77	)	to	(9.84	)
TA Aegon U.S. Government Securities Initial Class
	12/31/2024		74,649		1.39	to	1.02		139,589		3.69			1.25		to	2.50			(0.92	)	to	(2.13	)
	12/31/2023		75,855		1.40	to	1.04		143,369		1.93			1.25		to	2.50			2.72		to	1.47
	12/31/2022		126,100		1.37	to	1.03		232,372		1.07			1.25		to	2.50			(14.10	)	to	(15.14	)
	12/31/2021		131,987		1.59	to	1.21		283,560		2.15			1.25		to	2.50			(3.60	)	to	(4.77	)
	12/31/2020		129,147		1.65	to	1.27		288,231		1.75			1.25		to	2.50			7.63		to	6.32
TA Aegon U.S. Government Securities Service Class
	12/31/2024		4,668,024		10.12	to	8.50		17,288,047		2.85			0.20		to	2.50			(0.04	)	to	(2.33	)
	12/31/2023		7,722,277		10.12	to	8.71		31,339,688		1.40			0.20		to	2.50			3.48		to	1.13
	12/31/2022		9,815,780		9.78	to	8.61		40,751,892		0.86			0.20		to	2.50			(13.47	)	to	(15.43	)
	12/31/2021		6,006,985		11.30	to	10.18		24,951,886		1.62			0.20		to	2.50			(2.73	)	to	(4.94	)
	12/31/2020		7,679,158		11.62	to	10.71		38,269,799		1.32			0.20		to	2.50			8.45		to	5.98
TA American Funds Managed Risk-Balanced Service Class
	12/31/2024		4,444,270		16.77	to	13.67		67,133,209		1.58			0.20		to	2.50			14.14		to	11.56
	12/31/2023		5,036,259		14.69	to	12.26		67,431,207		2.18			0.20		to	2.50			10.17		to	7.70
	12/31/2022		5,689,328		13.33	to	11.38		69,873,744		1.54			0.20		to	2.50			(11.60	)	to	(13.58	)
	12/31/2021		5,682,199		15.08	to	13.17		79,872,987		0.86			0.20		to	2.50			12.85		to	10.32
	12/31/2020		6,382,630		13.37	to	11.94		80,422,606		1.21			0.20		to	2.50			4.08		to	1.75
TA BlackRock Government Money Market Initial Class
	12/31/2024		120,445		1.06	to	0.79		166,513		4.93			1.25		to	2.50			3.74		to	2.46
	12/31/2023		131,173		1.02	to	0.77		175,073		4.72			1.25		to	2.50			3.57		to	2.31
	12/31/2022		229,074		0.98	to	0.75		295,641		1.33			1.25		to	2.50			0.16		to	(1.06	)
	12/31/2021		271,390		0.98	to	0.76		350,223		-			1.25		to	2.50			(1.23	)	to	(2.44	)
	12/31/2020		279,478		0.99	to	0.78		365,695		0.17			1.25		to	2.50			(0.95	)	to	(2.16	)

85

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA BlackRock Government Money Market Service Class
	12/31/2024		8,023,849	$	11.07	to	$0.77	$	38,625,369		4.66	%		0.20	%	to	2.50	%		4.57	%	to	2.18	%
	12/31/2023		8,205,812		10.59	to	0.75		35,008,333		4.56			0.20		to	2.50			4.45		to	2.09
	12/31/2022		10,214,576		10.14	to	0.74		38,260,787		1.41			0.20		to	2.50			1.20		to	(1.09	)
	12/31/2021		9,512,930		10.02	to	0.75		36,950,519		-			0.20		to	2.50			(0.20	)	to	(2.47	)
	12/31/2020		16,953,296		10.03	to	0.76		49,110,928		0.18			0.20		to	2.50			0.05		to	(2.23	)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class
	12/31/2024		3,242,937		13.94	to	1.11		12,690,525		2.14			0.20		to	2.50			6.26		to	3.83
	12/31/2023		3,994,134		13.12	to	1.07		14,798,502		1.50			0.20		to	2.50			9.74		to	7.25
	12/31/2022		4,431,508		11.95	to	1.00		13,796,449		1.30			0.20		to	2.50			(15.46	)	to	(17.38	)
	12/31/2021		4,815,264		14.14	to	1.21		18,573,065		1.07			0.20		to	2.50			5.53		to	3.13
	12/31/2020		5,543,218		13.40	to	1.17		21,126,136		1.97			0.20		to	2.50			6.44		to	4.02
TA BlackRock iShares Active Asset Allocation - Moderate Service Class
	12/31/2024		12,041,781		14.55	to	1.21		66,535,420		1.80			0.20		to	2.50			8.84		to	6.35
	12/31/2023		13,765,184		13.37	to	1.14		70,117,869		1.46			0.20		to	2.50			13.14		to	10.58
	12/31/2022		14,052,695		11.82	to	1.03		54,207,132		1.31			0.20		to	2.50			(17.30	)	to	(19.18	)
	12/31/2021		16,185,797		14.29	to	1.27		75,482,030		0.87			0.20		to	2.50			8.11		to	5.66
	12/31/2020		18,614,977		13.22	to	1.20		79,328,273		1.88			0.20		to	2.50			3.04		to	0.70
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class
	12/31/2024		6,019,108		14.86	to	1.18		29,586,686		1.52			0.20		to	2.50			12.28		to	9.72
	12/31/2023		7,243,993		13.24	to	1.08		31,490,845		1.38			0.20		to	2.50			17.39		to	14.73
	12/31/2022		7,266,150		11.28	to	0.94		27,278,932		1.28			0.20		to	2.50			(18.48	)	to	(20.33	)
	12/31/2021		8,118,166		13.83	to	1.18		37,511,660		0.54			0.20		to	2.50			7.41		to	4.96
	12/31/2020		9,304,093		12.88	to	1.12		41,719,515		1.81			0.20		to	2.50			(2.27	)	to	(4.50	)
TA BlackRock iShares Dynamic Allocation - Balanced Service Class
	12/31/2024		8,332,199		14.73	to	1.15		50,226,173		1.93			0.20		to	2.50			8.53		to	6.05
	12/31/2023		9,648,025		13.57	to	1.09		54,519,221		1.39			0.20		to	2.50			12.43		to	9.89
	12/31/2022		10,889,689		12.07	to	0.99		55,054,334		1.14			0.20		to	2.50			(16.06	)	to	(17.96	)
	12/31/2021		12,404,398		14.38	to	1.20		74,369,099		0.56			0.20		to	2.50			8.95		to	6.47
	12/31/2020		13,840,219		13.20	to	1.13		78,016,108		1.66			0.20		to	2.50			(0.75	)	to	(3.00	)
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class
	12/31/2024		4,049,491		16.84	to	1.40		29,881,744		1.60			0.20		to	2.50			12.29		to	9.72
	12/31/2023		4,962,240		15.00	to	1.28		32,332,081		1.28			0.20		to	2.50			17.04		to	14.39
	12/31/2022		5,779,678		12.81	to	1.12		33,238,713		1.13			0.20		to	2.50			(17.08	)	to	(18.97	)
	12/31/2021		6,631,230		15.45	to	1.38		46,610,794		0.28			0.20		to	2.50			14.18		to	11.58
	12/31/2020		7,857,427		13.53	to	1.23		48,587,816		1.60			0.20		to	2.50			(2.36	)	to	(4.58	)
TA BlackRock iShares Edge 100 Service Class
	12/31/2024		270,937		21.77	to	17.11		5,401,552		1.30			0.20		to	2.50			14.76		to	12.17
	12/31/2023		288,766		18.97	to	15.25		5,070,984		1.88			0.20		to	2.50			14.25		to	11.69
	12/31/2022		282,327		16.60	to	13.66		4,385,091		1.30			0.20		to	2.50			(15.92	)	to	(17.81	)
	12/31/2021		1,793,196		19.75	to	16.62		34,043,148		0.94			0.20		to	2.50			18.12		to	15.47
	12/31/2020		1,770,122		16.72	to	14.39		28,661,684		1.66			0.20		to	2.50			9.66		to	7.20
TA BlackRock iShares Edge 40 Initial Class
	12/31/2024		31,256		2.15	to	1.74		65,002		2.73			1.25		to	2.50			5.38		to	4.09
	12/31/2023		30,592		2.04	to	1.67		60,460		2.31			1.25		to	2.50			8.10		to	6.79
	12/31/2022		29,863		1.89	to	1.56		54,677		1.91			1.25		to	2.50			(15.30	)	to	(16.33	)
	12/31/2021		30,144		2.23	to	1.87		65,258		1.78			1.25		to	2.50			4.78		to	3.50
	12/31/2020		30,076		2.13	to	1.81		62,232		2.48			1.25		to	2.50			8.29		to	6.97
TA BlackRock iShares Edge 40 Service Class
	12/31/2024		3,095,978		14.71	to	1.27		17,854,748		2.41			0.20		to	2.50			6.26		to	3.87
	12/31/2023		3,651,739		13.84	to	1.22		20,025,826		1.99			0.20		to	2.50			8.85		to	6.41
	12/31/2022		4,347,245		12.72	to	1.14		22,245,506		1.60			0.20		to	2.50			(14.61	)	to	(16.52	)
	12/31/2021		5,021,714		14.89	to	1.37		27,407,560		1.56			0.20		to	2.50			5.56		to	3.19
	12/31/2020		5,558,856		14.11	to	1.33		26,428,845		2.23			0.20		to	2.50			9.23		to	6.78

86

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA BlackRock iShares Edge 50 Service Class
	12/31/2024			2,471,749	$	15.36	to	$	12.52	$	34,608,515		2.14	%		0.20	%	to	2.50	%		7.58	%	to	5.15	%
	12/31/2023			2,817,659		14.28	to		11.91		37,056,258		1.75			0.20		to	2.50			9.57		to	7.12
	12/31/2022			2,976,776		13.03	to		11.12		36,127,328		1.30			0.20		to	2.50			(14.65	)	to	(16.57	)
	12/31/2021			3,158,090		15.27	to		13.33		45,395,276		1.14			0.20		to	2.50			7.53		to	5.11
	12/31/2020			3,006,318		14.20	to		12.68		40,624,330		1.29			0.20		to	2.50			9.50		to	7.05
TA BlackRock iShares Edge 75 Service Class
	12/31/2024			1,021,016		18.26	to		14.73		16,979,925		1.88			0.20		to	2.50			11.17		to	8.66
	12/31/2023			1,133,895		16.42	to		13.55		17,151,697		1.74			0.20		to	2.50			11.87		to	9.36
	12/31/2022			1,242,904		14.68	to		12.39		16,990,510		1.37			0.20		to	2.50			(15.23	)	to	(17.13	)
	12/31/2021			2,241,043		17.32	to		14.95		36,791,559		1.08			0.20		to	2.50			12.71		to	10.18
	12/31/2020			1,992,368		15.36	to		13.57		29,309,360		1.42			0.20		to	2.50			10.04		to	7.57
TA BlackRock iShares Tactical - Balanced Service Class
	12/31/2024			4,217,287		15.78	to		1.17		20,517,244		3.58			0.20		to	2.50			8.47		to	6.02
	12/31/2023			4,845,464		14.55	to		1.11		22,004,203		1.03			0.20		to	2.50			10.43		to	7.96
	12/31/2022			5,791,915		13.17	to		1.02		23,146,317		0.55			0.20		to	2.50			(19.81	)	to	(21.61	)
	12/31/2021			6,640,839		16.43	to		1.31		32,844,876		-			0.20		to	2.50			6.18		to	3.80
	12/31/2020			7,392,251		15.47	to		1.26		34,604,253		3.25			0.20		to	2.50			8.64		to	6.20
TA BlackRock iShares Tactical - Conservative Service Class
	12/31/2024			1,859,962		14.75	to		1.13		10,335,359		3.56			0.20		to	2.50			6.00		to	3.61
	12/31/2023			2,381,413		13.92	to		1.09		11,402,854		1.20			0.20		to	2.50			7.02		to	4.63
	12/31/2022			2,737,842		13.00	to		1.05		12,823,969		1.05			0.20		to	2.50			(17.46	)	to	(19.31	)
	12/31/2021			3,431,930		15.75	to		1.30		19,131,158		1.02			0.20		to	2.50			4.00		to	1.67
	12/31/2020			4,483,876		15.15	to		1.27		22,199,521		1.44			0.20		to	2.50			9.67		to	7.21
TA BlackRock iShares Tactical - Growth Service Class
	12/31/2024			2,994,845		18.20	to		1.46		25,796,945		3.57			0.20		to	2.50			11.43		to	8.92
	12/31/2023			3,527,916		16.33	to		1.34		27,396,062		0.88			0.20		to	2.50			13.71		to	11.17
	12/31/2022			4,097,155		14.36	to		1.20		27,565,261		-			0.20		to	2.50			(18.19	)	to	(20.02	)
	12/31/2021			4,587,633		17.56	to		1.50		37,468,326		-			0.20		to	2.50			8.99		to	6.55
	12/31/2020			5,411,784		16.11	to		1.41		38,758,755		3.93			0.20		to	2.50			8.87		to	6.43
TA BlackRock Real Estate Securities Initial Class
	12/31/2024			3,315		13.00	to		2.46		9,928		2.19			0.45		to	2.50			0.80		to	(1.23	)
	12/31/2023			3,309		12.90	to		2.49		9,924		0.83			0.45		to	2.50			12.82		to	10.57
	12/31/2022			46,069		11.43	to		2.25		123,622		3.47			0.45		to	2.50			(28.51	)	to	(29.94	)
	12/31/2021			46,477		15.99	to		3.21		176,106		3.80			0.45		to	2.50			25.66		to	23.15
	12/31/2020			4,669		12.72	to		2.61		14,211		12.59			0.45		to	2.50			(0.76	)	to	(2.75	)
TA BlackRock Real Estate Securities Service Class
	12/31/2024			808,217		12.68	to		10.62		4,231,601		1.76			0.20		to	2.50			0.82		to	(1.45	)
	12/31/2023			888,863		12.57	to		10.77		4,542,795		5.27			0.20		to	2.50			12.92		to	10.39
	12/31/2022			939,383		11.13	to		9.76		4,168,886		2.89			0.20		to	2.50			(28.53	)	to	(30.13	)
	12/31/2021			1,008,816		15.58	to		13.97		6,313,476		2.13			0.20		to	2.50			25.60		to	22.78
	12/31/2020			1,203,199		12.40	to		11.38		5,593,652		11.98			0.20		to	2.50			(0.71	)	to	(2.94	)
TA BlackRock Tactical Allocation Service Class
	12/31/2024			10,896,681		18.74	to		1.55		59,774,858		1.49			0.20		to	2.50			12.26		to	9.73
	12/31/2023			13,012,429		16.69	to		1.42		65,001,444		2.45			0.20		to	2.50			14.65		to	12.09
	12/31/2022			14,776,215		14.56	to		1.26		65,699,204		3.63			0.20		to	2.50			(16.38	)	to	(18.25	)
	12/31/2021			17,187,966		17.41	to		1.55		92,024,822		2.46			0.20		to	2.50			7.42		to	5.01
	12/31/2020			19,920,391		16.21	to		1.47		98,624,806		1.73			0.20		to	2.50			12.96		to	10.43
TA Goldman Sachs 70/30 Service Class
	12/31/2024			100,069		15.37	to		14.13		1,465,056		1.39			0.20		to	2.00			11.93		to	9.92
	12/31/2023			57,148		13.73	to		12.85		758,273		1.66			0.20		to	2.00			16.02		to	13.95
	12/31/2022			54,182		11.83	to		11.28		625,167		2.04			0.20		to	2.00			(17.27	)	to	(18.74	)
	12/31/2021			38,477		14.30	to		13.88		541,680		0.92			0.20		to	2.00			12.86		to	10.85
	12/31/2020	(1)		-		12.67	to		12.52		-		-			0.20		to	2.00			-		to	-

87

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA Goldman Sachs Managed Risk - Balanced ETF Service Class
	12/31/2024		46,097,738	$	16.48	to	$1.26	$	261,912,888		2.19	%		0.20	%	to	2.50	%		8.85	%	to	6.36	%
	12/31/2023		54,304,525		15.14	to	1.18		281,183,164		1.47			0.20		to	2.50			12.97		to	10.41
	12/31/2022		62,477,730		13.40	to	1.07		286,693,830		1.47			0.20		to	2.50			(14.43	)	to	(16.38	)
	12/31/2021		71,368,017		15.67	to	1.28		392,450,498		1.13			0.20		to	2.50			9.14		to	6.66
	12/31/2020		81,647,439		14.35	to	1.20		418,989,921		2.07			0.20		to	2.50			3.98		to	1.62
TA Goldman Sachs Managed Risk - Conservative ETF Service Class
	12/31/2024		9,787,963		14.65	to	1.19		36,962,808		2.46			0.20		to	2.50			6.48		to	4.04
	12/31/2023		11,050,944		13.76	to	1.14		40,530,593		1.69			0.20		to	2.50			10.37		to	7.87
	12/31/2022		14,081,045		12.47	to	1.06		47,111,552		1.59			0.20		to	2.50			(12.00	)	to	(14.00	)
	12/31/2021		16,110,512		14.17	to	1.23		61,993,120		1.58			0.20		to	2.50			2.55		to	0.22
	12/31/2020		18,119,566		13.81	to	1.22		65,597,641		2.15			0.20		to	2.50			4.70		to	2.32
TA Goldman Sachs Managed Risk - Growth ETF Service Class
	12/31/2024		38,366,805		20.00	to	1.70		200,710,756		1.81			0.20		to	2.50			13.00		to	10.42
	12/31/2023		45,438,578		17.70	to	1.54		210,948,639		1.42			0.20		to	2.50			17.44		to	14.78
	12/31/2022		51,613,609		15.07	to	1.34		206,397,091		1.32			0.20		to	2.50			(14.69	)	to	(16.63	)
	12/31/2021		61,636,227		17.67	to	1.61		318,368,073		0.89			0.20		to	2.50			13.82		to	11.23
	12/31/2020		72,498,402		15.52	to	1.45		327,361,928		2.06			0.20		to	2.50			4.01		to	1.64
TA Great Lakes Advisors Large Cap Value Service Class
	12/31/2024		353,012		16.54	to	14.67		5,461,695		0.89			0.20		to	2.00			16.59		to	14.49
	12/31/2023		341,000		14.19	to	12.81		4,574,919		0.95			0.20		to	2.00			12.56		to	10.55
	12/31/2022		294,796		12.60	to	11.59		3,550,221		0.29			0.20		to	2.00			(7.57	)	to	(9.21	)
	12/31/2021		231,530		13.63	to	12.76		3,043,546		0.75			0.20		to	2.00			30.30		to	27.98
	12/31/2020		212,676		10.46	to	9.97		2,167,787		0.66			0.20		to	2.00			(0.80	)	to	(2.57	)
TA International Focus Initial Class
	12/31/2024		25,754		16.13	to	1.84		63,455		2.30			0.45		to	2.50			(1.50	)	to	(3.48	)
	12/31/2023		33,484		16.37	to	1.90		92,962		2.03			0.45		to	2.50			12.03		to	9.80
	12/31/2022		47,553		14.62	to	1.73		110,039		3.14			0.45		to	2.50			(20.40	)	to	(21.99	)
	12/31/2021		51,223		18.36	to	2.22		136,787		1.23			0.45		to	2.50			10.32		to	8.12
	12/31/2020		54,233		16.64	to	2.05		114,767		2.38			0.45		to	2.50			20.36		to	17.95
TA International Focus Service Class
	12/31/2024		851,320		15.72	to	12.87		6,733,265		2.07			0.20		to	2.50			(1.52	)	to	(3.75	)
	12/31/2023		901,394		15.96	to	13.37		6,835,782		1.78			0.20		to	2.50			12.05		to	9.54
	12/31/2022		1,107,921		14.25	to	12.21		7,020,081		2.76			0.20		to	2.50			(20.45	)	to	(22.24	)
	12/31/2021		1,195,856		17.91	to	15.70		9,381,583		1.07			0.20		to	2.50			10.41		to	7.93
	12/31/2020		1,396,860		16.22	to	14.55		8,894,993		2.07			0.20		to	2.50			20.34		to	17.64
TA Janus Balanced Service Class
	12/31/2024		8,206,695		24.84	to	16.79		86,273,245		1.69			0.20		to	2.50			14.62		to	12.04
	12/31/2023		9,355,542		21.67	to	14.99		90,462,541		1.13			0.20		to	2.50			14.79		to	12.22
	12/31/2022		10,198,089		18.88	to	13.36		87,897,937		0.82			0.20		to	2.50			(16.93	)	to	(18.79	)
	12/31/2021		11,458,977		22.73	to	16.45		117,549,964		1.13			0.20		to	2.50			15.21		to	12.63
	12/31/2020		12,547,115		19.73	to	14.60		110,045,090		1.51			0.20		to	2.50			14.08		to	11.53
TA Janus Mid-Cap Growth Initial Class
	12/31/2024		5,403		29.86	to	3.21		33,984		0.14			0.45		to	2.50			13.87		to	11.58
	12/31/2023		4,408		26.22	to	2.87		27,129		-			0.45		to	2.50			16.52		to	14.20
	12/31/2022		4,484		22.51	to	2.52		23,552		-			0.45		to	2.50			(17.09	)	to	(18.74	)
	12/31/2021		4,566		27.15	to	3.10		28,756		0.27			0.45		to	2.50			16.77		to	14.44
	12/31/2020		4,648		23.25	to	2.71		24,931		0.23			0.45		to	2.50			18.67		to	16.30
TA Janus Mid-Cap Growth Service Class
	12/31/2024		995,530		29.09	to	21.51		16,537,500		-			0.20		to	2.50			13.84		to	11.27
	12/31/2023		1,264,759		25.55	to	19.34		16,726,525		-			0.20		to	2.50			16.57		to	13.96
	12/31/2022		1,841,344		21.92	to	16.97		18,170,802		-			0.20		to	2.50			(17.10	)	to	(18.96	)
	12/31/2021		2,189,192		26.44	to	20.94		24,785,075		0.10			0.20		to	2.50			16.76		to	14.14
	12/31/2020		2,887,003		22.65	to	18.34		23,255,535		0.04			0.20		to	2.50			18.69		to	16.03

88

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA JPMorgan Asset Allocation - Conservative Initial Class
	12/31/2024		11,768		$2.14	to	$1.80	$	24,355		2.05	%		1.25	%	to	2.50	%		4.41	%	to	3.13	%
	12/31/2023		11,768		2.05	to	1.75		23,361		2.28			1.25		to	2.50			5.73		to	4.45
	12/31/2022		11,768		1.94	to	1.67		22,128		5.64			1.25		to	2.50			(16.40	)	to	(17.42	)
	12/31/2021		11,768		2.32	to	2.02		26,507		2.42			1.25		to	2.50			4.59		to	3.32
	12/31/2020		11,768		2.22	to	1.96		25,380		-			1.25		to	2.50			10.10		to	8.75
to TA JPMorgan Asset Allocation - Conservative Service Class
	12/31/2024		9,080,178		14.57	to	11.12		35,080,020		1.74			0.20		to	2.50			5.31		to	2.90
	12/31/2023		10,524,005		13.84	to	10.81		40,642,459		1.96			0.20		to	2.50			6.62		to	4.20
	12/31/2022		12,790,609		12.98	to	10.37		45,998,177		5.35			0.20		to	2.50			(15.77	)	to	(17.69	)
	12/31/2021		14,810,990		15.41	to	12.60		59,112,549		2.18			0.20		to	2.50			5.42		to	3.02
	12/31/2020		16,358,865		14.62	to	12.23		62,951,222		2.30			0.20		to	2.50			11.02		to	8.50
TA JPMorgan Asset Allocation - Growth Initial Class
	12/31/2024		16,941		3.79	to	3.48		62,151		0.71			1.25		to	2.50			14.93		to	13.52
	12/31/2023		45,150		3.30	to	3.07		144,339		2.69			1.25		to	2.50			18.86		to	17.42
	12/31/2022		16,941		2.78	to	2.61		45,632		6.03			1.25		to	2.50			(23.52	)	to	(24.45	)
	12/31/2021		16,941		3.63	to	3.46		59,756		1.67			1.25		to	2.50			18.16		to	16.72
	12/31/2020		16,941		3.07	to	2.96		50,645		1.71			1.25		to	2.50			23.20		to	21.70
TA JPMorgan Asset Allocation - Growth Service Class
	12/31/2024		1,442,689		26.69	to	18.24		15,709,724		1.14			0.20		to	2.50			15.86		to	13.25
	12/31/2023		1,493,338		23.04	to	16.10		14,142,073		1.48			0.20		to	2.50			19.76		to	17.09
	12/31/2022		1,434,940		19.24	to	13.75		10,831,416		5.54			0.20		to	2.50			(22.89	)	to	(24.62	)
	12/31/2021		1,556,506		24.95	to	18.24		16,282,244		1.41			0.20		to	2.50			19.11		to	16.44
	12/31/2020		1,788,709		20.95	to	15.67		17,130,661		1.59			0.20		to	2.50			24.11		to	21.33
TA JPMorgan Asset Allocation - Moderate Initial Class
	12/31/2024		78,603		2.55	to	2.20		193,603		1.59			1.25		to	2.50			6.68		to	5.37
	12/31/2023		78,603		2.39	to	2.08		181,748		1.23			1.25		to	2.50			7.76		to	6.45
	12/31/2022		174,302		2.22	to	1.96		374,549		5.34			1.25		to	2.50			(17.11	)	to	(18.12	)
	12/31/2021		174,302		2.67	to	2.39		452,531		1.90			1.25		to	2.50			7.83		to	6.52
	12/31/2020		174,302		2.48	to	2.24		420,282		2.21			1.25		to	2.50			11.21		to	9.86
TA JPMorgan Asset Allocation - Moderate Service Class
	12/31/2024		40,130,538		16.86	to	1.94		233,665,568		1.33			0.20		to	2.50			7.48		to	5.06
	12/31/2023		46,934,616		15.69	to	1.85		248,910,029		1.84			0.20		to	2.50			8.64		to	6.21
	12/31/2022		53,260,418		14.44	to	1.74		257,810,652		5.06			0.20		to	2.50			(16.42	)	to	(18.29	)
	12/31/2021		60,146,088		17.27	to	2.13		344,268,959		1.70			0.20		to	2.50			8.71		to	6.28
	12/31/2020		66,894,213		15.89	to	2.00		342,115,137		2.00			0.20		to	2.50			12.05		to	9.54
TA JPMorgan Asset Allocation - Moderate Growth Initial Class
	12/31/2024		4,945		3.02	to	2.67		14,434		1.22			1.25		to	2.50			9.67		to	8.33
	12/31/2023		4,957		2.75	to	2.47		13,213		2.27			1.25		to	2.50			10.83		to	9.49
	12/31/2022		20,976		2.48	to	2.25		50,522		5.41			1.25		to	2.50			(18.37	)	to	(19.37	)
	12/31/2021		21,004		3.04	to	2.79		62,070		2.16			1.25		to	2.50			12.54		to	11.17
	12/31/2020		21,029		2.70	to	2.51		55,299		2.06			1.25		to	2.50			13.65		to	12.26
TA JPMorgan Asset Allocation - Moderate Growth Service Class
	12/31/2024		21,866,157		20.28	to	1.68		128,434,377		0.97			0.20		to	2.50			10.48		to	7.99
	12/31/2023		24,853,619		18.36	to	1.56		135,211,184		1.73			0.20		to	2.50			11.71		to	9.21
	12/31/2022		28,455,840		16.43	to	1.43		142,673,968		5.06			0.20		to	2.50			(17.69	)	to	(19.54	)
	12/31/2021		33,079,760		19.96	to	1.77		198,853,878		1.94			0.20		to	2.50			13.48		to	10.93
	12/31/2020		37,067,892		17.59	to	1.60		192,355,893		1.82			0.20		to	2.50			14.44		to	11.87
TA JPMorgan Enhanced Index Initial Class
	12/31/2024		131,325		43.28	to	4.44		975,559		0.66			0.45		to	2.50			23.68		to	21.19
	12/31/2023		135,573		34.99	to	3.66		822,729		0.82			0.45		to	2.50			27.09		to	24.56
	12/31/2022		140,543		27.53	to	2.94		678,019		0.64			0.45		to	2.50			(18.72	)	to	(20.34	)
	12/31/2021		149,005		33.87	to	3.69		1,000,184		0.78			0.45		to	2.50			29.54		to	26.95
	12/31/2020		152,442		26.15	to	2.91		798,060		1.47			0.45		to	2.50			19.63		to	17.23

89

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA JPMorgan Enhanced Index Service Class
	12/31/2024		754,243		$42.18	to	$24.00	$	22,186,779		0.47	%		0.20	%	to	2.50	%		23.65	%	to	20.86	%
	12/31/2023		655,542		34.11	to	19.85		14,507,499		0.72			0.20		to	2.50			27.14		to	24.29
	12/31/2022		467,838		26.83	to	15.97		6,778,045		0.40			0.20		to	2.50			(18.71	)	to	(20.53	)
	12/31/2021		485,001		33.01	to	20.10		8,774,352		0.56			0.20		to	2.50			29.53		to	26.62
	12/31/2020		614,864		25.48	to	15.87		8,750,829		1.34			0.20		to	2.50			19.62		to	16.94
TA JPMorgan International Moderate Growth Service Class
	12/31/2024		7,035,497		14.60	to	1.26		24,751,762		2.12			0.20		to	2.50			1.69		to	(0.61	)
	12/31/2023		8,414,982		14.35	to	1.27		28,603,381		1.33			0.20		to	2.50			8.48		to	6.05
	12/31/2022		9,467,431		13.23	to	1.19		29,893,551		4.76			0.20		to	2.50			(17.59	)	to	(19.43	)
	12/31/2021		10,795,840		16.05	to	1.48		41,266,471		1.31			0.20		to	2.50			8.79		to	6.35
	12/31/2020		12,211,894		14.76	to	1.39		44,106,575		2.47			0.20		to	2.50			14.31		to	11.75
TA JPMorgan Tactical Allocation Service Class
	12/31/2024		9,327,167		14.40	to	10.87		56,712,124		2.33			0.20		to	2.50			3.87		to	1.53
	12/31/2023		10,548,898		13.86	to	10.70		62,614,436		1.53			0.20		to	2.50			8.35		to	5.93
	12/31/2022		13,095,928		12.79	to	10.10		77,760,428		1.53			0.20		to	2.50			(15.20	)	to	(17.10	)
	12/31/2021		14,410,431		15.08	to	12.19		101,329,983		1.55			0.20		to	2.50			4.42		to	2.08
	12/31/2020		14,409,632		14.45	to	11.94		86,999,713		2.06			0.20		to	2.50			11.88		to	9.37
TA Madison Diversified Income Service Class
	12/31/2024		433,013		15.40	to	11.50		5,535,672		2.49			0.20		to	2.50			3.26		to	0.93
	12/31/2023		453,980		14.91	to	11.40		5,652,969		1.97			0.20		to	2.50			3.76		to	1.44
	12/31/2022		503,533		14.37	to	11.24		6,103,534		1.66			0.20		to	2.50			(10.56	)	to	(12.57	)
	12/31/2021		506,048		16.07	to	12.85		6,961,973		1.59			0.20		to	2.50			7.65		to	5.24
	12/31/2020		517,574		14.93	to	12.21		6,672,731		1.64			0.20		to	2.50			7.74		to	5.32
TA Market Participation Strategy Service Class
	12/31/2024		2,724,463		22.13	to	15.54		21,990,776		1.52			0.20		to	2.50			14.70		to	12.12
	12/31/2023		3,140,821		19.29	to	13.86		22,081,503		0.40			0.20		to	2.50			11.33		to	8.84
	12/31/2022		3,569,136		17.33	to	12.74		22,456,775		0.03			0.20		to	2.50			(15.47	)	to	(17.37	)
	12/31/2021		4,192,876		20.50	to	15.41		32,431,475		0.48			0.20		to	2.50			14.22		to	11.66
	12/31/2020		5,582,163		17.95	to	13.80		34,989,973		0.99			0.20		to	2.50			20.09		to	17.39
TA Morgan Stanley Global Allocation Service Class
	12/31/2024		9,726,438		17.36	to	12.92		45,414,577		4.58			0.20		to	2.50			6.65		to	4.24
	12/31/2023		10,803,784		16.28	to	12.40		47,700,050		-			0.20		to	2.50			13.46		to	10.92
	12/31/2022		12,015,370		14.35	to	11.18		47,955,015		0.08			0.20		to	2.50			(17.93	)	to	(19.77	)
	12/31/2021		13,488,432		17.48	to	13.93		66,268,005		0.48			0.20		to	2.50			7.96		to	5.54
	12/31/2020		15,492,707		16.20	to	13.20		69,756,538		0.93			0.20		to	2.50			18.10		to	15.45
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class
	12/31/2024		1,033,697		12.23	to	10.65		11,367,104		-			0.20		to	2.50			4.85		to	2.48
	12/31/2023		1,164,747		11.66	to	10.40		12,358,362		18.67			0.20		to	2.50			8.79		to	6.35
	12/31/2022		1,314,064		10.72	to	9.77		12,954,864		14.92			0.20		to	2.50			(16.39	)	to	(18.27	)
	12/31/2021		1,427,045		12.82	to	11.96		17,012,985		5.19			0.20		to	2.50			6.96		to	4.57
	12/31/2020		1,464,482		11.99	to	11.44		16,504,195		1.30			0.20		to	2.50			6.28		to	3.89
TA MSCI EAFE Index Service Class
	12/31/2024		780,818		13.98	to	11.75		10,103,449		2.40			0.35		to	2.65			2.79		to	0.47
	12/31/2023		642,444		13.60	to	11.69		8,162,279		2.37			0.35		to	2.65			17.05		to	14.43
	12/31/2022		527,026		11.62	to	10.22		5,789,335		2.92			0.35		to	2.65			(14.75	)	to	(16.65	)
	12/31/2021		537,478		13.63	to	12.26		6,996,410		1.49			0.35		to	2.65			10.56		to	8.09
	12/31/2020		490,260		12.33	to	11.34		5,828,083		1.70			0.35		to	2.65			7.44		to	5.03
TA Multi-Managed Balanced Initial Class
	12/31/2024		12,065		4.42	to	3.54		51,565		1.96			1.25		to	2.50			13.51		to	12.12
	12/31/2023		12,065		3.89	to	3.16		45,494		1.59			1.25		to	2.50			17.27		to	15.84
	12/31/2022		12,065		3.32	to	2.73		38,852		1.20			1.25		to	2.50			(17.31	)	to	(18.32	)
	12/31/2021		12,065		4.02	to	3.34		47,056		1.15			1.25		to	2.50			15.59		to	14.19
	12/31/2020		12,065		3.47	to	2.93		40,768		1.58			1.25		to	2.50			14.47		to	13.07

90

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

			At December 31								For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*		Expense Ratio** Lowest to Highest				Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA Multi-Managed Balanced Service Class
	12/31/2024			6,747,615		25.67	to	16.61		90,894,677		1.67		0.20	to	2.50		14.41		to	11.83
	12/31/2023			8,481,539		22.44	to	14.85		99,670,371		1.34		0.20	to	2.50		18.20		to	15.56
	12/31/2022			9,738,022		18.98	to	12.85		99,389,292		0.89		0.20	to	2.50		(16.66	)	to	(18.52	)
	12/31/2021			11,160,065		22.77	to	15.78		140,803,545		0.94		0.20	to	2.50		16.56		to	13.94
	12/31/2020			12,864,219		19.54	to	13.85		141,855,396		1.35		0.20	to	2.50		15.37		to	12.78
TA PineBridge Inflation Opportunities Service Class
	12/31/2024			3,245,580		10.79	to	9.85		10,235,876		3.30		0.20	to	2.50		1.62		to	(0.68	)
	12/31/2023			3,987,023		10.62	to	9.91		11,514,874		5.31		0.20	to	2.50		5.23		to	2.88
	12/31/2022			4,635,268		10.09	to	9.64		12,822,182		3.46		0.20	to	2.50		(10.73	)	to	(12.73	)
	12/31/2021			5,742,691		11.31	to	11.04		18,260,132		1.16		0.20	to	2.50		3.65		to	1.33
	12/31/2020			6,320,755		10.91	to	10.90		17,389,890		1.51		0.20	to	2.50		8.48		to	6.04
TA ProFunds UltraBear Service Class (OAM)
	12/31/2024	(1)		35,319		9.31	to	9.27		328,150		2.61		1.00	to	1.95		-		to	-
TA S&P 500 Index Initial Class
	12/31/2024			-		14.68	to	14.60		-		-		0.27	to	0.47		24.49		to	24.24
	12/31/2023			-		11.79	to	11.75		-		-		0.27	to	0.47		25.75		to	25.50
	12/31/2022	(1)		-		9.38	to	9.37		-		-		0.27	to	0.47		-		to	-
TA S&P 500 Index Service Class
	12/31/2024			5,617,776		26.46	to	22.24		137,529,870		0.80		0.35	to	2.65		24.11		to	21.31
	12/31/2023			4,649,415		21.32	to	18.33		92,673,461		0.95		0.35	to	2.65		25.30		to	22.50
	12/31/2022			3,851,325		17.02	to	14.96		61,931,334		0.94		0.35	to	2.65		(18.72	)	to	(20.54	)
	12/31/2021			3,844,570		20.94	to	18.83		76,731,551		0.83		0.35	to	2.65		27.69		to	24.83
	12/31/2020			3,662,948		16.40	to	15.09		57,761,300		0.74		0.35	to	2.65		17.56		to	14.93
TA Small/Mid Cap Value Initial Class
	12/31/2024			226,572		27.77	to	20.17		3,491,139		0.94		0.45	to	1.55		8.37		to	7.19
	12/31/2023			226,833		25.63	to	18.82		3,257,217		1.04		0.45	to	1.55		11.90		to	10.69
	12/31/2022			236,926		22.90	to	17.00		3,115,955		0.60		0.45	to	1.55		(8.72	)	to	(9.71	)
	12/31/2021			239,938		25.09	to	18.83		3,502,801		0.65		0.45	to	1.55		27.55		to	26.17
	12/31/2020			242,186		19.67	to	14.92		2,806,520		1.20		0.45	to	1.55		3.57		to	2.45
TA Small/Mid Cap Value Service Class
	12/31/2024			1,203,838		27.05	to	15.18		15,604,269		0.81		0.20	to	2.50		8.34		to	5.90
	12/31/2023			1,351,888		24.97	to	14.33		14,860,972		0.84		0.20	to	2.50		11.93		to	9.42
	12/31/2022			1,458,061		22.31	to	13.10		13,381,238		0.33		0.20	to	2.50		(8.71	)	to	(10.76	)
	12/31/2021			1,650,407		24.44	to	14.68		16,997,766		0.49		0.20	to	2.50		27.56		to	24.70
	12/31/2020			1,994,431		19.16	to	11.77		14,608,169		0.97		0.20	to	2.50		3.53		to	1.21
TA T. Rowe Price Small Cap Initial Class
	12/31/2024			27,084		33.02	to	4.87		127,528		-		0.45	to	2.50		12.27		to	10.01
	12/31/2023			31,409		29.41	to	4.42		130,012		-		0.45	to	2.50		20.66		to	18.25
	12/31/2022			31,759		24.38	to	3.74		109,771		-		0.45	to	2.50		(22.73	)	to	(24.28	)
	12/31/2021			32,749		31.55	to	4.94		146,642		-		0.45	to	2.50		10.88		to	8.66
	12/31/2020			33,827		28.46	to	4.55		141,214		-		0.45	to	2.50		23.01		to	20.55
TA T. Rowe Price Small Cap Service Class
	12/31/2024			1,968,661		32.20	to	17.51		38,242,901		-		0.20	to	2.50		12.38		to	9.85
	12/31/2023			2,319,541		28.65	to	15.94		37,702,583		-		0.20	to	2.50		20.64		to	17.94
	12/31/2022			2,802,810		23.75	to	13.52		35,520,926		-		0.20	to	2.50		(22.75	)	to	(24.48	)
	12/31/2021			3,189,866		30.75	to	17.90		51,211,242		-		0.20	to	2.50		10.86		to	8.37
	12/31/2020			4,107,486		27.73	to	16.52		50,703,557		-		0.20	to	2.50		23.06		to	20.30

91

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
TA TSW International Equity Initial Class
	12/31/2024		182,236		$16.27	to	$1.92	$	528,132		2.95	%		0.45	%	to	2.50	%		2.92	%	to	0.85	%
	12/31/2023		187,624		15.80	to	1.91		533,353		1.08			0.45		to	2.50			14.96		to	12.67
	12/31/2022		200,770		13.75	to	1.69		501,132		3.31			0.45		to	2.50			(14.78	)	to	(16.48	)
	12/31/2021		214,449		16.13	to	2.03		634,061		1.83			0.45		to	2.50			12.90		to	10.64
	12/31/2020		218,845		14.29	to	1.83		608,829		3.15			0.45		to	2.50			6.06		to	3.94
TA TSW International Equity Service Class
	12/31/2024		890,059		15.85	to	12.51		8,263,380		2.90			0.20		to	2.50			2.91		to	0.59
	12/31/2023		711,906		15.40	to	12.44		6,814,501		0.85			0.20		to	2.50			15.03		to	12.46
	12/31/2022		692,458		13.39	to	11.06		5,789,335		2.80			0.20		to	2.50			(14.81	)	to	(16.71	)
	12/31/2021		827,971		15.71	to	13.28		8,436,833		1.79			0.20		to	2.50			12.98		to	10.44
	12/31/2020		743,168		13.91	to	12.02		5,855,247		2.80			0.20		to	2.50			5.99		to	3.61
TA TSW Mid Cap Value Opportunities Service Class
	12/31/2024		833,092		25.91	to	3.21		13,172,846		1.22			0.20		to	2.50			7.87		to	5.43
	12/31/2023		973,435		24.02	to	3.05		14,048,235		1.16			0.20		to	2.50			10.35		to	7.88
	12/31/2022		1,229,661		21.77	to	2.82		16,367,710		0.57			0.20		to	2.50			(8.61	)	to	(10.66	)
	12/31/2021		1,357,361		23.82	to	3.16		19,346,135		0.57			0.20		to	2.50			28.59		to	25.70
	12/31/2020		1,605,586		18.53	to	2.51		18,145,763		1.12			0.20		to	2.50			0.83		to	(1.43	)
TA WMC US Growth Initial Class
	12/31/2024		1,710,408		52.94	to	5.77		8,119,772		0.01			0.45		to	2.50			28.41		to	25.83
	12/31/2023		1,775,733		41.23	to	4.59		6,622,008		0.04			0.45		to	2.50			41.45		to	38.63
	12/31/2022		1,426,854		29.15	to	3.31		3,768,623		-			0.45		to	2.50			(31.65	)	to	(33.02	)
	12/31/2021		1,548,352		42.65	to	4.94		6,046,845		0.07			0.45		to	2.50			20.12		to	17.72
	12/31/2020		1,820,235		35.50	to	4.20		5,964,663		0.11			0.45		to	2.50			36.68		to	33.95
TA WMC US Growth Service Class
	12/31/2024		2,918,988		51.57	to	29.89		90,849,942		-			0.20		to	2.50			28.44		to	25.54
	12/31/2023		3,507,778		40.15	to	23.81		80,160,971		-			0.20		to	2.50			41.44		to	38.28
	12/31/2022		2,644,952		28.39	to	17.22		28,570,545		-			0.20		to	2.50			(31.65	)	to	(33.18	)
	12/31/2021		3,142,882		41.54	to	25.77		49,104,796		-			0.20		to	2.50			20.13		to	17.44
	12/31/2020		4,298,754		34.58	to	21.94		48,663,782		-			0.20		to	2.50			36.66		to	33.60
Vanguard® Balanced
	12/31/2024		230,179		14.65	to	13.13		3,146,294		2.22			0.27		to	2.60			14.49		to	11.84
	12/31/2023		251,492		12.79	to	11.74		3,045,279		1.72			0.27		to	2.60			14.02		to	11.40
	12/31/2022		150,357		11.22	to	10.54		1,623,749		2.16			0.27		to	2.60			(14.53	)	to	(16.50	)
	12/31/2021		155,081		13.13	to	12.62		1,984,149		1.61			0.27		to	2.60			18.69		to	15.96
	12/31/2020		-		11.06	to	10.88		-		-			0.27		to	2.60			10.38		to	10.16
Vanguard® Capital Growth
	12/31/2024		-		17.27	to	17.10		-		-			0.27		to	0.47			13.10		to	12.88
	12/31/2023		-		15.27	to	15.15		-		-			0.27		to	0.47			27.64		to	27.38
	12/31/2022		-		11.97	to	11.89		-		-			0.27		to	0.47			(15.71	)	to	(15.88	)
	12/31/2021		-		14.20	to	14.14		-		-			0.27		to	0.47			21.21		to	20.97
	12/31/2020		-		11.71	to	11.69		-		-			0.27		to	0.47			17.16		to	16.92
Vanguard® Conservative Allocation
	12/31/2024		43,444		12.05	to	10.80		487,806		2.55			0.27		to	2.60			7.20		to	4.72
	12/31/2023		39,921		11.24	to	10.31		424,423		1.92			0.27		to	2.60			12.21		to	9.63
	12/31/2022		39,986		10.01	to	9.40		384,601		2.82			0.27		to	2.60			(15.13	)	to	(17.08	)
	12/31/2021		45,872		11.80	to	11.34		527,550		1.13			0.27		to	2.60			5.70		to	3.27
	12/31/2020		-		11.16	to	10.98		-		-			0.27		to	2.60			11.43		to	11.21
Vanguard® Diversified Value
	12/31/2024		-		17.63	to	17.45		-		-			0.27		to	0.47			14.58		to	14.35
	12/31/2023		-		15.38	to	15.26		-		-			0.27		to	0.47			19.80		to	19.56
	12/31/2022		-		12.84	to	12.76		-		-			0.27		to	0.47			(11.73	)	to	(11.90	)
	12/31/2021		-		14.55	to	14.49		-		-			0.27		to	0.47			30.11		to	29.85
	12/31/2020		-		11.18	to	11.16		-		-			0.27		to	0.47			11.48		to	11.26

92

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
Vanguard® Equity Income
	12/31/2024		-		$15.80	to	$15.64	$	-		-	%		0.27	%	to	0.47	%		14.81	%	to	14.58	%
	12/31/2023		-		13.76	to	13.65		-		-			0.27		to	0.47			7.81		to	7.59
	12/31/2022		-		12.77	to	12.69		-		-			0.27		to	0.47			(0.93	)	to	(1.13	)
	12/31/2021		-		12.89	to	12.83		-		-			0.27		to	0.47			24.99		to	24.74
	12/31/2020		-		10.31	to	10.29		-		-			0.27		to	0.47			2.97		to	2.76
Vanguard® Equity Index
	12/31/2024		-		42.91	to	40.07		-		1.46			0.27		to	1.20			24.50		to	23.34
	12/31/2023		-		34.46	to	32.49		-		1.22			0.27		to	1.20			25.78		to	24.62
	12/31/2022		-		27.40	to	26.07		-		1.28			0.27		to	1.20			(18.45	)	to	(19.20	)
	12/31/2021		-		33.60	to	32.27		-		1.22			0.27		to	1.20			28.20		to	27.02
	12/31/2020		-		26.21	to	25.40		-		1.63			0.27		to	1.20			17.88		to	16.79
Vanguard® Global Bond Index
	12/31/2024		-		9.76	to	9.66		-		-			0.27		to	0.47			1.76		to	1.55
	12/31/2023		-		9.59	to	9.51		-		-			0.27		to	0.47			6.23		to	6.02
	12/31/2022		-		9.03	to	8.97		-		-			0.27		to	0.47			(13.36	)	to	(13.53	)
	12/31/2021		-		10.42	to	10.38		-		-			0.27		to	0.47			(2.11	)	to	(2.30	)
	12/31/2020		-		10.64	to	10.62		-		-			0.27		to	0.47			6.38		to	6.17
Vanguard® Growth
	12/31/2024		-		20.73	to	20.52		-		-			0.27		to	0.47			32.77		to	32.51
	12/31/2023		-		15.61	to	15.49		-		-			0.27		to	0.47			39.76		to	39.48
	12/31/2022		-		11.17	to	11.10		-		-			0.27		to	0.47			(33.54	)	to	(33.68	)
	12/31/2021		-		16.81	to	16.74		-		-			0.27		to	0.47			17.54		to	17.31
	12/31/2020		-		14.30	to	14.27		-		-			0.27		to	0.47			42.71		to	42.42
Vanguard® High Yield Bond
	12/31/2024		-		11.64	to	11.53		-		-			0.27		to	0.47			6.16		to	5.95
	12/31/2023		-		10.97	to	10.88		-		-			0.27		to	0.47			11.37		to	11.14
	12/31/2022		-		9.85	to	9.79		-		-			0.27		to	0.47			(9.61	)	to	(9.79	)
	12/31/2021		-		10.90	to	10.85		-		-			0.27		to	0.47			3.40		to	3.19
	12/31/2020		-		10.54	to	10.52		-		-			0.27		to	0.47			5.39		to	5.18
Vanguard® International
	12/31/2024		16,618		23.32	to	21.77		365,669		1.21			0.27		to	1.20			8.72		to	7.70
	12/31/2023		17,435		21.45	to	20.21		356,102		1.47			0.27		to	1.20			14.35		to	13.29
	12/31/2022		16,753		18.76	to	17.84		301,351		1.21			0.27		to	1.20			(30.31	)	to	(30.95	)
	12/31/2021		12,335		26.91	to	25.84		318,776		0.29			0.27		to	1.20			(1.81	)	to	(2.72	)
	12/31/2020		-		27.41	to	26.56		-		-			0.27		to	1.20			57.16		to	55.70
Vanguard® Mid-Cap Index
	12/31/2024		219,910		31.37	to	27.44		6,306,535		1.27			0.27		to	2.60			14.76		to	12.11
	12/31/2023		186,008		27.34	to	24.48		4,714,798		1.02			0.27		to	2.60			15.52		to	12.87
	12/31/2022		78,794		23.67	to	21.69		1,767,025		1.10			0.27		to	2.60			(19.04	)	to	(20.90	)
	12/31/2021		54,874		29.23	to	27.42		1,539,222		0.93			0.27		to	2.60			24.02		to	21.17
	12/31/2020		34,300		23.57	to	22.63		786,697		1.49			0.27		to	2.60			17.75		to	16.66
Vanguard® Moderate Allocation
	12/31/2024		190,591		13.28	to	11.90		2,345,880		2.23			0.27		to	2.60			10.02		to	7.48
	12/31/2023		171,677		12.07	to	11.07		1,951,107		2.05			0.27		to	2.60			15.24		to	12.59
	12/31/2022		124,949		10.47	to	9.83		1,253,427		2.16			0.27		to	2.60			(16.15	)	to	(18.08	)
	12/31/2021		71,265		12.49	to	12.00		865,908		1.10			0.27		to	2.60			9.78		to	7.25
	12/31/2020		-		11.38	to	11.19		-		-			0.27		to	2.60			13.46		to	13.24
Vanguard® Money Market
	12/31/2024		-		11.13	to	11.02		-		-			0.27		to	0.47			4.91		to	4.70
	12/31/2023		-		10.61	to	10.52		-		-			0.27		to	0.47			4.77		to	4.56
	12/31/2022		-		10.13	to	10.07		-		-			0.27		to	0.47			1.24		to	1.03
	12/31/2021		-		10.00	to	9.96		-		-			0.27		to	0.47			(0.25	)	to	(0.45	)
	12/31/2020		-		10.03	to	10.01		-		-			0.27		to	0.47			0.25		to	0.05

93

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio** Lowest to Highest						Total Return***  Corresponding to Lowest to Highest Expense Ratio
Vanguard® Real Estate Index
	12/31/2024		4,386		$17.90	to	$16.71	$	76,099		3.16	%		0.27	%	to	1.20	%		4.46	%	to	3.49	%
	12/31/2023		4,476		17.13	to	16.15		74,743		1.77			0.27		to	1.20			11.40		to	10.37
	12/31/2022		1,308		15.38	to	14.63		19,713		1.91			0.27		to	1.20			(26.50	)	to	(27.18	)
	12/31/2021		1,331		20.92	to	20.09		27,422		1.41			0.27		to	1.20			39.83		to	38.54
	12/31/2020		18,280		14.96	to	14.50		265,537		2.59			0.27		to	1.20			(5.11	)	to	(5.99	)
Vanguard® Short-Term Investment Grade
	12/31/2024		102,942		12.03	to	11.23		1,199,703		3.59			0.27		to	1.20			4.61		to	3.64
	12/31/2023		104,242		11.50	to	10.84		1,167,435		0.80			0.27		to	1.20			5.87		to	4.89
	12/31/2022		19,358		10.86	to	10.33		205,422		1.33			0.27		to	1.20			(5.98	)	to	(6.84	)
	12/31/2021		11,680		11.55	to	11.09		132,335		1.77			0.27		to	1.20			(0.72	)	to	(1.64	)
	12/31/2020		74,312		11.63	to	11.27		840,383		2.58			0.27		to	1.20			5.21		to	4.24
Vanguard® Total Bond Market Index
	12/31/2024		12,615		10.96	to	10.23		134,007		2.56			0.27		to	1.20			0.97		to	0.03
	12/31/2023		11,589		10.85	to	10.23		122,584		2.11			0.27		to	1.20			5.29		to	4.32
	12/31/2022		9,179		10.31	to	9.81		92,694		0.18			0.27		to	1.20			(13.45	)	to	(14.25	)
	12/31/2021		281		11.91	to	11.44		3,296		0.19			0.27		to	1.20			(1.98	)	to	(2.89	)
	12/31/2020		70,207		12.15	to	11.78		826,801		2.44			0.27		to	1.20			7.29		to	6.30
Vanguard® Total International Stock Market Index
	12/31/2024		-		12.22	to	12.09		-		-			0.27		to	0.47			4.77		to	4.56
	12/31/2023		-		11.66	to	11.57		-		-			0.27		to	0.47			15.23		to	15.00
	12/31/2022		-		10.12	to	10.06		-		-			0.27		to	0.47			(16.24	)	to	(16.41	)
	12/31/2021		-		12.08	to	12.03		-		-			0.27		to	0.47			8.24		to	8.02
	12/31/2020		-		11.16	to	11.14		-		-			0.27		to	0.47			10.88		to	10.66
Vanguard® Total Stock Market Index
	12/31/2024		-		18.77	to	18.59		-		-			0.27		to	0.47			23.38		to	23.13
	12/31/2023		-		15.22	to	15.09		-		-			0.27		to	0.47			25.61		to	25.36
	12/31/2022		-		12.11	to	12.04		-		-			0.27		to	0.47			(19.81	)	to	(19.97	)
	12/31/2021		-		15.11	to	15.04		-		-			0.27		to	0.47			25.30		to	25.05
	12/31/2020		-		12.06	to	12.03		-		-			0.27		to	0.47			20.23		to	19.99
Voya Global Perspectives Class S Shares
	12/31/2024		-		13.01	to	11.99		-		-			1.29		to	2.14			5.50		to	4.60
	12/31/2023		-		12.33	to	11.46		-		-			1.29		to	2.14			8.87		to	7.95
	12/31/2022		-		11.33	to	10.62		-		-			1.29		to	2.14			(18.71	)	to	(19.40	)
	12/31/2021		-		13.94	to	13.17		-		-			1.29		to	2.14			4.48		to	3.60
	12/31/2020		-		13.34	to	12.71		-		-			1.29		to	2.14			14.31		to	13.34
Voya Large Cap Value Class S Shares
	12/31/2024		-		20.93	to	19.28		-		-			1.29		to	2.14			15.38		to	14.40
	12/31/2023		-		18.14	to	16.85		-		-			1.29		to	2.14			11.83		to	10.89
	12/31/2022		-		16.22	to	15.19		-		-			1.29		to	2.14			(4.71	)	to	(5.52	)
	12/31/2021		-		17.02	to	16.08		-		-			1.29		to	2.14			25.05		to	23.99
	12/31/2020		-		13.61	to	12.97		-		-			1.29		to	2.14			4.61		to	3.73
Wanger Acorn
	12/31/2024		-		26.75	to	25.67		-		-			0.45		to	0.90			13.66		to	13.15
	12/31/2023		-		23.54	to	22.68		-		-			0.45		to	0.90			21.19		to	20.65
	12/31/2022		-		19.42	to	18.80		-		-			0.45		to	0.90			(33.76	)	to	(34.06	)
	12/31/2021		-		29.32	to	28.51		-		-			0.45		to	0.90			8.41		to	7.92
	12/31/2020		-		27.04	to	26.42		-		-			0.45		to	0.90			23.67		to	23.12
Wanger International
	12/31/2024		-		13.62	to	13.07		-		-			0.45		to	0.90			(8.66	)	to	(9.08	)
	12/31/2023		-		14.91	to	14.37		-		-			0.45		to	0.90			16.43		to	15.91
	12/31/2022		-		12.81	to	12.40		-		-			0.45		to	0.90			(34.14	)	to	(34.44	)
	12/31/2021		-		19.45	to	18.91		-		-			0.45		to	0.90			18.28		to	17.74
	12/31/2020		-		16.44	to	16.06		-		-			0.45		to	0.90			13.85		to	13.34

94

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

5. Financial Highlights (continued)

⁽¹⁾  See Footnote 1

* These amounts represent the dividends, excluding distributions of capital gains, received by the subaccount from the Mutual Fund, net of management fees assessed by the fund manager, divided by the average net assets. These ratios exclude those expenses, such as mortality and expense charges, that are assessed against contract owner accounts either through reductions in the unit values or the redemption of units. The recognition of investment income by the subaccount is affected by the timing of the declaration of dividends by the Mutual Fund in which the subaccounts invest.

** These amounts represent the annualized contract expenses of the subaccount, consisting primarily of mortality and expense charges, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the Mutual Fund have been excluded.

*** These amounts represent the total return for the periods indicated, including changes in the value of the Mutual Fund, and expenses assessed through the reduction of unit values. These ratios do not include any expenses assessed through the redemption of units. Investment options with a date notation indicate the effective date of that investment option in the variable account. The total return is calculated for each period indicated or from the effective date through the end of the reporting period. Total returns reflect a full twelve month period and total returns for subaccounts opened during the year have not been disclosed as they may not be indicative of a full year return. Expense ratios not in effect for the full twelve months are not reflected in the total return as they may not be indicative of a full year return.

95

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

6. Administrative and Mortality and Expense Risk Charges

TFLIC deducts a daily administrative charge equal to an annual rate of 0.15% of the daily net assets value of each subaccount for administrative expenses. TFLIC also deducts an annual charge during the accumulation phase, not to exceed $35, proportionately from the subaccounts’ unit values. An annual charge ranging from 0.05% to 2.65% is deducted (based on the death benefit selected) from the unit values of the subaccounts of the Separate Account for TFLIC’s assumption of certain mortality and expense risks incurred in connection with the contract. The charge is assessed daily based on the net asset value of the Mutual Fund. Charges for administrative and mortality and expense risk are an expense of the subaccount. Charges reflected above are those currently assessed and may be subject to change. Contract owners should see their actual policy and any related attachments to determine their specific charges.

In addition to M&E, the following subaccounts are assessed a daily charge for fund facilitation fees that is based on their actual policy:

Subaccount	Facilitation Fee Assessed
AB Balanced Hedged Allocation Class B Shares	0.20%
AB Relative Value Class B Shares	0.20%
American Funds - Asset Allocation Class 2 Shares	0.30% - 0.40%
American Funds - Asset Allocation Class 4 Shares	0.20%
American Funds - Growth Class 2 Shares	0.30% - 0.40%
American Funds - Growth Class 4 Shares	0.13%
American Funds - Growth-Income Class 2 Shares	0.30% - 0.40%
American Funds - Growth-Income Class 4 Shares	0.13%
American Funds - International Class 2 Shares	0.30% - 0.40%
American Funds - International Class 4 Shares	0.13%
American Funds - New World Class 4 Shares	0.15%
American Funds - The Bond Fund of America Class 2 Shares	0.30% - 0.40%
American Funds - The Bond Fund of America Class 4 Shares	0.11%
Dimensional VA Global Bond	0.33% - 0.60%
Fidelity® VIP Balanced Service Class 2	0.20%
Fidelity® VIP Consumer Staples Initial Class	0.50%
Fidelity® VIP Contrafund® Initial Class	0.20%
Fidelity® VIP Contrafund® Service Class 2	0.20%
Fidelity® VIP Energy Service Class 2	0.30%
Fidelity® VIP Health Care Service Class 2	0.30%
Fidelity® VIP Mid Cap Initial Class	0.20%
Fidelity® VIP Mid Cap Service Class 2	0.20%
Fidelity® VIP Technology Initial Class	0.50%
Fidelity® VIP Utilities Initial Class	0.50%
Fidelity® VIP Value Strategies Initial Class	0.20%
Fidelity® VIP Value Strategies Service Class 2	0.20%
Franklin Allocation Class 4 Shares	0.15%
State Street Total Return V.I.S. Class 3 Shares	0.20%
TA MSCI EAFE Index Service Class	0.15%
TA S&P 500 Index Service Class	0.15%
Vanguard® Balanced	0.60%
Vanguard® Conservative Allocation	0.60%
Vanguard® Equity Index	0.20% - 0.60%
Vanguard® International	0.20% - 0.60%
Vanguard® Mid-Cap Index	0.20% - 0.60%
Vanguard® Moderate Allocation	0.20% - 0.60%

96

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

6. Administrative and Mortality and Expense Risk Charges (continued)

In addition to M&E, the following subaccounts are assessed a daily charge for fund facilitation fees that is based on their actual policy (continued):

Subaccount	Facilitation Fee Assessed
Vanguard® Real Estate Index	0.20% - 0.60%
Vanguard® Short-Term Investment Grade	0.20% - 0.60%
Vanguard® Total Bond Market Index	0.20% - 0.60%
Voya Global Perspectives Class S Shares	0.14%
Voya Large Cap Value Class S Shares	0.14%
Wanger Acorn	0.30%
Wanger International	0.30%

7. Income Tax

Operations of the Separate Account form a part of TFLIC, which is taxed as a life insurance company under Subchapter L of the Internal Revenue Code of 1986, as amended (the Code). The operations of the Separate Account are accounted for separately from other operations of TFLIC for purposes of federal income taxation. The Separate Account is not separately taxable as a regulated investment company under Subchapter M of the Code and is not otherwise taxable as an entity separate from TFLIC. Under existing federal income tax laws, the income of the Separate Account is not taxable to TFLIC, as long as earnings are credited under the variable annuity contracts.

97

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

8. Subsequent Events

The Separate Account has evaluated the financial statements for subsequent events through the date which the financial statements were issued. During this period, there were no subsequent events requiring recognition in the financial statements.

9. Related Parties

Transamerica Capital, Inc. (TCI), a wholesaling broker-dealer, is an affiliated entity of TFLIC and an indirect wholly owned subsidiary of Aegon Ltd. TCI distributes TFLIC’s products through broker-dealers and other financial intermediaries.

The subaccounts invest in the mutual funds listed in Footnote 1. These investments include funds managed by Transamerica Asset Management, Inc. (TAM). Transamerica Fund Services, Inc. (TFS) serves as a transfer agent to TAM, and Aegon USA Asset Management Holding, LLC (AAM) serves as a sub-advisor for certain funds managed by TAM. TAM, TFS and AAM are affiliated entities of TFLIC and indirect wholly owned subsidiaries of Aegon Ltd. Funds managed by TAM are identified by their fund name, which includes reference to Aegon, Transamerica or both. The Separate Account pays management fees to the related funds as detailed in the fund prospectus.

No charges other than those disclosed in Footnote 6 are deducted for the service rendered by related parties.

Contract owners may transfer funds between available subaccount options within the Separate Account. These transfers are performed at unit value at the time of the transfer.

98

Transamerica Financial Life Insurance Company

Separate Account VA BNY

Notes to Financial Statements

December 31, 2024

10. Segment Reporting

Each fund of the Separate Account constitutes a single operating segment and therefore, a single reportable segment because the Chief Operating Decision Maker (CODM) manages the activities of the Separate Account using information of each fund. The Separate Account is engaged in a single line of business as a registered unit investment trust. The Separate Account is a funding vehicle for individual variable annuity contracts with the assets owned by TFLIC to support the liabilities of the applicable insurance contracts. The subaccounts have identified the President and Chief Operating Officer as the CODM as the Separate Account does not have employees and is not a separate legal entity.

The CODM uses increase (decrease) in net assets from operations as their performance measure in order to make operational decisions while monitoring the net assets of each of the funds within the Separate Account. The Accounting policies used to measure profit and loss of the segments are the same as those described in the Summary of Significant Accounting Policies (see note 2). The measure of segment assets is reported on the balance sheet as total consolidated assets. Refer to the Statements of Operations and Changes in Net Assets for each fund’s operating segment and related footnotes for significant expenses principle and the existing segment requirements as of December 31, 2024 and for the year ended December 31, 2024 and December 31, 2023.

99