Exhibit 16(b)(ii) AETNA LIFE INSURANCE AND ANNUITY COMPANY AND SUBSIDIARIES (A wholly owned subsidiary of Aetna Retirement Services, Inc.) Schedule I Summary of Investments -- Other than Investments in Affiliates December 31, 1995 Amount at Which Shown in the Type of Investment Cost Value* Balance Sheet ------------------ -------- ------ ------------- (millions) Debt Securities: U.S. Treasury securities and obligations of U.S. government agencies and corporations $ 539.5 $ 587.0 $ 587.0 Obligations of states and political subdivisions 41.4 53.8 53.8 U.S. Corporate securities 5,396.5 5,689.8 5,689.8 Foreign securities(1) 1,302.6 1,416.6 1,416.6 Residential mortgage-backed securities 2.940.6 3,203.4 3,203.4 Commercial/Multifamily mortgage-backed securities 741.9 774.0 774.0 Other asset-backed securities 961.2 996.2 996.2 --------- --------- --------- Total debt securities 11,923.7 12,720.8 12,720.8 --------- --------- --------- Equity securities: Non-redeemable preferred stocks 51.3 57.6 57.6 Innvestment in affiliated mutual funds 173.4 191.8 191.8 Common stock 6.9 8.2 8.2 --------- --------- --------- Total equity securities 231.6 257.6 257.6 --------- --------- --------- Short-term investments 15.1 15.1 Mortgage loans 21.2 21.2 Policy loans 338.6 338.6 --------- --------- Total investments $12,530.2 $13,353.3 --------- --------- --------- --------- * See Notes 1, 2 and 10 to the Consolidated Financial Statements. (1)The term "foreign" includes foreign governments, foreign political subdivisions, foreign public utilities and all other bonds of foreign issuers. All of the Company's foreign securities are denominated in U.S. dollars.