The Lewis Trust Group, the business controlled by the owners of young fashion retailer River Island, paid out a dividend of £611.4m last year.
It is understood that £20m of the dividend was shared between about 20 members of the Lewis family. The outstanding amount was paid to another family parent company, L51N Limited.
The group, which has a portfolio of River Island, hotels and property, saw pre-tax profit fall from £81.5m to £48.4m for the year to December 31, according to results filed at Companies House.
River Island’s recent annual results showed pre-tax profits fell 14% to £138.6m in the year to 26 December 2009. Sales at the Lewis family-owned business grew 7.9% to £826.4m.