Knight-Swift Transportation (KNX) 8-K Other Events

Exhibit 99.5

CONSOLIDATING STATEMENT OF OPERATIONS (UNAUDITED) (a)

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2012 AND 2011

(IN THOUSANDS)

	Nine Months Ended September 30, 2012												Nine Months Ended September 30, 2011
	Swift Transportation Company			Central Refrigerated Transportation, Inc. (b)			Intercompany Elimination Entries			Total (recast)			Swift Transportation Company			Central Refrigerated Transportation, Inc. (b)			Intercompany Elimination Entries			Total (recast)
Operating revenue	$	2,570,563		$	359,213		$	(1,251	)	$	2,928,525		$	2,473,185		$	328,559		$	(1,670	)	$	2,800,074
Operating expenses:
Salaries, wages and employee benefits		598,718			56,582			—			655,300			595,078			52,872			—			647,950
Operating supplies and expenses		182,187			33,590			—			215,777			177,664			32,895			—			210,559
Fuel		450,555			50,034			—			500,589			478,537			50,937			—			529,474
Purchased transportation		744,742			137,533			(861	)		881,414			652,460			121,913			(1,247	)		773,126
Rental expense		78,948			29,895			(71	)		108,772			60,898			30,680			(62	)		91,516
Insurance and claims		82,565			10,746			(319	)		92,992			71,853			12,159			(361	)		83,651
Depreciation and amortization of property and equipment		150,071			14,283			—			164,354			152,969			9,610			—			162,579
Amortization of intangibles		12,721			—			—			12,721			13,853			—			—			13,853
Impairments		1,065			—			—			1,065			—			—			—			—
Gain on disposal of property and equipment		(10,614	)		(3,273	)		—			(13,887	)		(5,901	)		(204	)		—			(6,105	)
Communication and utilities		18,375			1,623			—			19,998			19,614			1,412			—			21,026
Operating taxes and licenses		46,294			7,324			—			53,618			47,167			7,199			—			54,366
Total operating expense		2,355,627			338,337			(1,251	)		2,692,713			2,264,192			319,473			(1,670	)		2,581,995
Operating income		214,936			20,876			—			235,812			208,993			9,086			—			218,079
Other (income) expenses:
Interest expense		90,478			3,052			—			93,530			110,761			2,837			—			113,598
Derivative interest expense		5,101			—			—			5,101			12,067			—			—			12,067
Interest income		(1,503	)		(45	)		—			(1,548	)		(1,500	)		(69	)		—			(1,569	)
Loss on debt extinguishment		22,219			—			—			22,219			—			—			—			—
Other		(2,286	)		(180	)		—			(2,466	)		(1,555	)		(167	)		—			(1,722	)
Total other (income) expenses, net		114,009			2,827			—			116,836			119,773			2,601			—			122,374
Income before income taxes		100,927			18,049			—			118,976			89,220			6,485			—			95,705
Income tax expense		33,188			385			—			33,573			35,482			115			—			35,597
Net income	$	67,739		$	17,664		$	—		$	85,403		$	53,738		$	6,370		$	—		$	60,108
GAAP Diluted EPS	$	0.49		$	0.13	(d)				$	0.61		$	0.38		$	0.05	(d)				$	0.43
Adjusted EPS (c)	$	0.62		$	0.08	(d)				$	0.70		$	0.50		$	0.03	(d)				$	0.53
Diluted weighted average shares used in per share calculation		139,631			139,631	(d)					139,631			139,709			139,709	(d)					139,709
Operating Ratio		91.6	%		94.2	%					91.9	%		91.5	%		97.2	%					92.2	%
Adjusted Operating Ratio (e)		89.0	%		92.6	%					89.4	%		88.8	%		96.5	%					89.7	%
EBITDA	$	357,795		$	35,339					$	393,134		$	377,370		$	18,863					$	396,233
Adjusted EBITDA (f)	$	385,210		$	35,523					$	420,733		$	382,894		$	19,014					$	401,908

(a) On August 6, 2013, Swift Transportation Company (the “Company” or “Swift”) entered into a Stock Purchase Agreement with the shareholders of Central Refrigerated Transportation, Inc. (“Central”), pursuant to which the Company acquired all of the outstanding capital stock of Central (the “Acquisition”) in a cash transaction valued at $225 million. Mr. Jerry Moyes, the Chief Executive Officer and controlling stockholder of Swift, was the majority shareholder of Central. Given Mr. Moyes’ majority ownership in both Swift and Central, the Acquisition is accounted for as a combination of entities under common control similar to the pooling of interest method. Under common control accounting, the historical results of Central have been combined with Swift’s. The above consolidating statement of operations for the nine months ended September 30, 2012 and 2011 reflects the combination of the entities as if the Acquisition was effective on January 1, 2011.

(b) Certain amounts have been reclassified to conform with current presentation.

(c) See the reconciliation of Adjusted EPS at schedule titled “Consolidating Adjusted EPS Reconciliation (Unaudited)” for the nine months ended September 30, 2012 and 2011.

(d) Represents Central’s pro forma diluted and adjusted EPS based on Swift’s diluted weighted average share count for the applicable period.

(e) See the reconciliation of Adjusted OR at the schedule titled “Consolidating Adjusted Operating Income and Operating Ratio Reconciliation (Unaudited)” for the nine months ended September 30, 2012 and 2011.

(f) See the reconciliation of Adjusted EBITDA at the schedule titled “Consolidating Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Unaudited)” for the nine months ended September 30, 2012 and 2011.