Somebody please correct me if I'm wrong, but I believe that ABV scale is potential alcohol, not actual. That is, it tells you the ABV you will have IF the gravity is entirely due to fermentables and IF you have 100% attenuation. Since neither of these conditions happen in real life, I don't look at that scale.
If the 1.000 FG is accurate, which is something outside my experience, then your ABV would be whatever the scale said BEFORE fermentation. In other words, note the potential ABV reading before fermenting, then subtract the final reading to get an approximate ABV. Hope this helps, I think I confused myself trying to explain it.
Btw, there are finishing hydrometers available that spread out the graduations for greater sensitivity. They are only good for finished or near finished beer, but mine only has one scale instead of three, and is a lot easier for these tired old eyes to read.