Hello.
Lets take a look at real example.
Timing:
connectEnd = connectStart = dnsEnd = dnsStart = sslEnd = sslStart: -1
proxyEnd: 1.895
proxyStart: 1.453
receiveHeadersEnd: 64.941
requestTime: 1377263395.6937752
sendEnd: 2.329
sendStart: 2.163
Latency is receiveHeadersEnd and will be shown as 65ms.
Proxy time is proxyEnd - proxyStart, will be rounded to 0ms.
Send time is sendEnd - sendStart, also will be rounded to 0ms.
Waiting time is receiveHeadersEnd - sendEnd, 63ms.
So we see that about 2ms are not classified - this is time before proxy and between proxy and send.