<?xml version="1.0" encoding="utf-8"?>
<!--
Taxonomy Label Links linkbase based on XBRL standard Version 2.1.
Created by UBmatrix Taxonomy Designer 3.0.2.2383 (2008-08-05 09:43).  
Contact www.ubmatrix.com
Copyright (c) 2002-2010 UBmatrix inc., All Rights Reserved
Produced on 2010-05-12 13:16:50
-->
<linkbase
  xmlns="http://www.xbrl.org/2003/linkbase"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xsi:schemaLocation="
    http://www.xbrl.org/2003/linkbase 
      http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd
    ">
  <roleRef xlink:type="simple"
    xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-roles_2009-04-01.xsd#labelNegated"
    roleURI="http://xbrl.iasb.org/role/label/labelNegated" />
  <labelLink xlink:type="extended"
    xlink:role="http://www.xbrl.org/2003/role/link">
    <loc xlink:type="locator"
      xlink:label="dei_EntityCommonStockSharesOutstanding"
      xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityCommonStockSharesOutstanding" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="dei_EntityCommonStockSharesOutstanding"
      xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" />
    <label xlink:type="resource"
      xlink:label="dei_EntityCommonStockSharesOutstanding_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock Shares Outstanding</label>
    <loc xlink:type="locator"
      xlink:label="dei_EntityWellKnownSeasonedIssuer"
      xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="dei_EntityWellKnownSeasonedIssuer"
      xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" />
    <label xlink:type="resource"
      xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Entity Well Known Seasoned Issuer</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables"
      xlink:to="ifrs_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in other assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable"
      xlink:to="ifrs_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in trade receivable</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForDepreciationAndAmortisationExpense"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForDepreciationAndAmortisationExpense" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForDepreciationAndAmortisationExpense"
      xlink:to="ifrs_AdjustmentsForDepreciationAndAmortisationExpense_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForDepreciationAndAmortisationExpense_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Depreciation and amortization</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"
      xlink:to="ifrs_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Impairment loss on financial assets recognized in profit</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForIncomeTaxExpense"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForIncomeTaxExpense" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForIncomeTaxExpense"
      xlink:to="ifrs_AdjustmentsForIncomeTaxExpense_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForIncomeTaxExpense_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Deferred income taxes</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables"
      xlink:to="ifrs_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in deferred income</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForIncreaseDecreaseInTradeAccountPayable"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForIncreaseDecreaseInTradeAccountPayable"
      xlink:to="ifrs_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in trade payable, provisions and other liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets"
      xlink:to="ifrs_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on disposals of non-current assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForNoncontrollingInterests"
      xlink:to="ifrs_AdjustmentsForNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForReconcileProfitLossAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForReconcileProfitLossAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForReconcileProfitLossAbstract"
      xlink:to="ifrs_AdjustmentsForReconcileProfitLossAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForReconcileProfitLossAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for reconcile profit (loss)</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdjustmentsForSharebasedPayments"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdjustmentsForSharebasedPayments" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdjustmentsForSharebasedPayments"
      xlink:to="ifrs_AdjustmentsForSharebasedPayments_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdjustmentsForSharebasedPayments_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other adjustments for non-cash items</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AdministrativeExpense"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AdministrativeExpense" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AdministrativeExpense"
      xlink:to="ifrs_AdministrativeExpense_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AdministrativeExpense_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">General and administration</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AssetsAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AssetsAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AssetsAbstract" xlink:to="ifrs_AssetsAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AssetsAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_Assets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_Assets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_Assets" xlink:to="ifrs_Assets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_Assets_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Assets</label>
    <label xlink:type="resource"
      xlink:label="ifrs_Assets_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_AvailableforsaleFinancialAssetsAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_AvailableforsaleFinancialAssetsAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_AvailableforsaleFinancialAssetsAbstract"
      xlink:to="ifrs_AvailableforsaleFinancialAssetsAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_AvailableforsaleFinancialAssetsAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Available-for-sale financial assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_BasicEarningsLossPerShare"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_BasicEarningsLossPerShare" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_BasicEarningsLossPerShare"
      xlink:to="ifrs_BasicEarningsLossPerShare_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_BasicEarningsLossPerShare_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Basic earnings (loss) per share</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashAndCashEquivalents"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashAndCashEquivalents" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashAndCashEquivalents"
      xlink:to="ifrs_CashAndCashEquivalents_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashAndCashEquivalents_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash and cash equivalents at end of period</label>
    <label xlink:type="resource"
      xlink:label="ifrs_CashAndCashEquivalents_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash and cash equivalents at beginning of period</label>
    <label xlink:type="resource"
      xlink:label="ifrs_CashAndCashEquivalents_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash and cash equivalents</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowHedgesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowHedgesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowHedgesAbstract"
      xlink:to="ifrs_CashFlowHedgesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowHedgesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash flow hedges</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsFromUsedInFinancingActivitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsFromUsedInFinancingActivitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsFromUsedInFinancingActivitiesAbstract"
      xlink:to="ifrs_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from used in financing activities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsFromUsedInFinancingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsFromUsedInFinancingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsFromUsedInFinancingActivities"
      xlink:to="ifrs_CashFlowsFromUsedInFinancingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsFromUsedInFinancingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Net cash flows from (used in) financing activities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsFromUsedInInvestingActivitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsFromUsedInInvestingActivitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsFromUsedInInvestingActivitiesAbstract"
      xlink:to="ifrs_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from used in investing activities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsFromUsedInInvestingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsFromUsedInInvestingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsFromUsedInInvestingActivities"
      xlink:to="ifrs_CashFlowsFromUsedInInvestingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsFromUsedInInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Net cash flows from (used in) investing activities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsFromUsedInOperatingActivitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsFromUsedInOperatingActivitiesAbstract"
      xlink:to="ifrs_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from used in operating activities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsFromUsedInOperatingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsFromUsedInOperatingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsFromUsedInOperatingActivities"
      xlink:to="ifrs_CashFlowsFromUsedInOperatingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsFromUsedInOperatingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Net cash flows from (used in) operating activities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"
      xlink:to="ifrs_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Business combinations, net of cash and cash equivalents acquired</label>
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Business combinations, net of cash and cash equivalents acquired</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CashFlowsUsedInPurchaseOfNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CashFlowsUsedInPurchaseOfNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CashFlowsUsedInPurchaseOfNoncontrollingInterests"
      xlink:to="ifrs_CashFlowsUsedInPurchaseOfNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CashFlowsUsedInPurchaseOfNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Purchase of non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComponentsOfOtherComprehensiveIncomeBeforeTaxAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComponentsOfOtherComprehensiveIncomeBeforeTaxAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComponentsOfOtherComprehensiveIncomeBeforeTaxAbstract"
      xlink:to="ifrs_ComponentsOfOtherComprehensiveIncomeBeforeTaxAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComponentsOfOtherComprehensiveIncomeBeforeTaxAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Components of other comprehensive income before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeAbstract"
      xlink:to="ifrs_ComprehensiveIncomeAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeAttributableToAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeAttributableToAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeAttributableToAbstract"
      xlink:to="ifrs_ComprehensiveIncomeAttributableToAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeAttributableToAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income attributable to</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeAttributableToNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeAttributableToNoncontrollingInterests"
      xlink:to="ifrs_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income attributable to non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeAttributableToOwnersOfParent"
      xlink:to="ifrs_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeOtherEquityInterest"
      xlink:to="ifrs_ComprehensiveIncomeOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeRetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeRetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeRetainedEarnings"
      xlink:to="ifrs_ComprehensiveIncomeRetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeRetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income, retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeSharePremium"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeSharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeSharePremium"
      xlink:to="ifrs_ComprehensiveIncomeSharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeSharePremium_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income, share premium</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncomeTreasuryShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncomeTreasuryShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncomeTreasuryShares"
      xlink:to="ifrs_ComprehensiveIncomeTreasuryShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income, treasury shares</label>
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncomeTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Comprehensive income, treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ComprehensiveIncome"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ComprehensiveIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ComprehensiveIncome"
      xlink:to="ifrs_ComprehensiveIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ComprehensiveIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Total comprehensive income</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CurrentAssetsAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CurrentAssetsAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CurrentAssetsAbstract"
      xlink:to="ifrs_CurrentAssetsAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentAssetsAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CurrentAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CurrentAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CurrentAssets" xlink:to="ifrs_CurrentAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentAssets_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current assets</label>
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentAssets_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CurrentLiabilitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CurrentLiabilitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CurrentLiabilitiesAbstract"
      xlink:to="ifrs_CurrentLiabilitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentLiabilitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CurrentLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CurrentLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CurrentLiabilities" xlink:to="ifrs_CurrentLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current liabilities</label>
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CurrentTaxAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CurrentTaxAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CurrentTaxAssets" xlink:to="ifrs_CurrentTaxAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentTaxAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Tax assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_CurrentTaxLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_CurrentTaxLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_CurrentTaxLiabilities"
      xlink:to="ifrs_CurrentTaxLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_CurrentTaxLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current tax liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DeferredTaxAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DeferredTaxAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DeferredTaxAssets" xlink:to="ifrs_DeferredTaxAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DeferredTaxAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DeferredTaxLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DeferredTaxLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DeferredTaxLiabilities"
      xlink:to="ifrs_DeferredTaxLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DeferredTaxLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Deferred tax liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DilutedEarningsLossPerShare"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DilutedEarningsLossPerShare" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DilutedEarningsLossPerShare"
      xlink:to="ifrs_DilutedEarningsLossPerShare_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DilutedEarningsLossPerShare_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Diluted earnings (loss) per share</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfBusinessCombinationsExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfBusinessCombinationsExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfBusinessCombinationsExplanatory"
      xlink:to="ifrs_DisclosureOfBusinessCombinationsExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfBusinessCombinationsExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of business combinations</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfEarningsPerShareExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfEarningsPerShareExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfEarningsPerShareExplanatory"
      xlink:to="ifrs_DisclosureOfEarningsPerShareExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfEarningsPerShareExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of earnings per share</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfEntitysReportableSegmentsExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfEntitysReportableSegmentsExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfEntitysReportableSegmentsExplanatory"
      xlink:to="ifrs_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfEntitysReportableSegmentsExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of entity's reportable segments explanatory</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfFairValueMeasurementForFinancialInstrumentsRecognisedInStatementOfFinancialPositionExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfFairValueMeasurementForFinancialInstrumentsRecognisedInStatementOfFinancialPositionExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfFairValueMeasurementForFinancialInstrumentsRecognisedInStatementOfFinancialPositionExplanatory"
      xlink:to="ifrs_DisclosureOfFairValueMeasurementForFinancialInstrumentsRecognisedInStatementOfFinancialPositionExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfFairValueMeasurementForFinancialInstrumentsRecognisedInStatementOfFinancialPositionExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of fair value measurement for financial instruments recognised in statement of financial position</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfIncomeTaxExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfIncomeTaxExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfIncomeTaxExplanatory"
      xlink:to="ifrs_DisclosureOfIncomeTaxExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfIncomeTaxExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of income tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfRelatedPartyExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfRelatedPartyExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfRelatedPartyExplanatory"
      xlink:to="ifrs_DisclosureOfRelatedPartyExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfRelatedPartyExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of related party</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfRevenueExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfRevenueExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfRevenueExplanatory"
      xlink:to="ifrs_DisclosureOfRevenueExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfRevenueExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of revenue</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfSharebasedPaymentArrangementsExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfSharebasedPaymentArrangementsExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfSharebasedPaymentArrangementsExplanatory"
      xlink:to="ifrs_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of share-based payment arrangements explanatory</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"
      xlink:to="ifrs_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of summary of significant accounting policies</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DistributionCosts"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DistributionCosts" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DistributionCosts" xlink:to="ifrs_DistributionCosts_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DistributionCosts_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Sales and marketing</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaidAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaidAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaidAbstract"
      xlink:to="ifrs_DividendsPaidAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends Paid</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaidClassifiedAsFinancingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaidClassifiedAsFinancingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaidClassifiedAsFinancingActivities"
      xlink:to="ifrs_DividendsPaidClassifiedAsFinancingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidClassifiedAsFinancingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid</label>
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidClassifiedAsFinancingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Dividends paid</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaidEquityAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaidEquityAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaidEquityAttributableToOwnersOfParent"
      xlink:to="ifrs_DividendsPaidEquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidEquityAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid, equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaidNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaidNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaidNoncontrollingInterests"
      xlink:to="ifrs_DividendsPaidNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid, non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaidOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaidOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaidOtherEquityInterest"
      xlink:to="ifrs_DividendsPaidOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaidRetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaidRetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaidRetainedEarnings"
      xlink:to="ifrs_DividendsPaidRetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaidRetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid, retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_DividendsPaid"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_DividendsPaid" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_DividendsPaid" xlink:to="ifrs_DividendsPaid_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_DividendsPaid_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Dividends paid</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_EarningsPerShareAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_EarningsPerShareAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_EarningsPerShareAbstract"
      xlink:to="ifrs_EarningsPerShareAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_EarningsPerShareAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Earnings per share</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_EffectOfExchangeRateChangesOnCashAndCashEquivalents"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_EffectOfExchangeRateChangesOnCashAndCashEquivalents"
      xlink:to="ifrs_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Effect of foreign exchange rate changes on cash and cash equivalents</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_EquityAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_EquityAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_EquityAbstract" xlink:to="ifrs_EquityAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_EquityAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_EquityAndLiabilitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_EquityAndLiabilitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_EquityAndLiabilitiesAbstract"
      xlink:to="ifrs_EquityAndLiabilitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_EquityAndLiabilitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Equity and liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_EquityAndLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_EquityAndLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_EquityAndLiabilities"
      xlink:to="ifrs_EquityAndLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_EquityAndLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Equity and liabilities</label>
    <label xlink:type="resource"
      xlink:label="ifrs_EquityAndLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total equity and liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_EquityAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_EquityAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_EquityAttributableToOwnersOfParent"
      xlink:to="ifrs_EquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_EquityAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_Equity"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_Equity" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_Equity" xlink:to="ifrs_Equity_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_Equity_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Equity</label>
    <label xlink:type="resource"
      xlink:label="ifrs_Equity_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ExchangeDifferencesOnTranslationAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ExchangeDifferencesOnTranslationAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ExchangeDifferencesOnTranslationAbstract"
      xlink:to="ifrs_ExchangeDifferencesOnTranslationAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ExchangeDifferencesOnTranslationAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Exchange differences on translation</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_GainsLossesOnCashFlowHedgesBeforeTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_GainsLossesOnCashFlowHedgesBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_GainsLossesOnCashFlowHedgesBeforeTax"
      xlink:to="ifrs_GainsLossesOnCashFlowHedgesBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_GainsLossesOnCashFlowHedgesBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on cash flow hedges, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax"
      xlink:to="ifrs_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on exchange differences on translation, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsBeforeTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsBeforeTax"
      xlink:to="ifrs_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on remeasuring available-for-sale financial assets, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_Goodwill"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_Goodwill" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_Goodwill" xlink:to="ifrs_Goodwill_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_Goodwill_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Goodwill</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncomeStatementAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncomeStatementAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncomeStatementAbstract"
      xlink:to="ifrs_IncomeStatementAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncomeStatementAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Consolidated income statement</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncomeTaxExpenseContinuingOperations"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncomeTaxExpenseContinuingOperations" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncomeTaxExpenseContinuingOperations"
      xlink:to="ifrs_IncomeTaxExpenseContinuingOperations_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncomeTaxExpenseContinuingOperations_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Income tax expense</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome"
      xlink:to="ifrs_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Income tax relating to components of other comprehensive income</label>
    <label xlink:type="resource"
      xlink:label="ifrs_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Income tax relating to components of other comprehensive income</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseInCashAndCashEquivalents"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseInCashAndCashEquivalents" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseInCashAndCashEquivalents"
      xlink:to="ifrs_IncreaseDecreaseInCashAndCashEquivalents_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseInCashAndCashEquivalents_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Net Increase (decrease) in cash and cash equivalents</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesAbstract"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesEquityAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesEquityAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesEquityAttributableToOwnersOfParent"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesEquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesEquityAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesIssuedCapital"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesIssuedCapital" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesIssuedCapital"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesIssuedCapital_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesIssuedCapital_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, issued capital</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesNoncontrollingInterests"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesOtherEquityInterest"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesRetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesRetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesRetainedEarnings"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesRetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesRetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesSharePremium"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesSharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesSharePremium"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesSharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesSharePremium_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, share premium</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesTreasuryShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesTreasuryShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesTreasuryShares"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesTreasuryShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through changes in accounting policies, treasury shares</label>
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPoliciesTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Increase (decrease) through changes in accounting policies, treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPolicies"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughChangesInAccountingPolicies" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughChangesInAccountingPolicies"
      xlink:to="ifrs_IncreaseDecreaseThroughChangesInAccountingPolicies_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughChangesInAccountingPolicies_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Total increase (decrease) through changes in accounting policies</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughCorrectionsOfErrorsOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughCorrectionsOfErrorsOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughCorrectionsOfErrorsOtherEquityInterest"
      xlink:to="ifrs_IncreaseDecreaseThroughCorrectionsOfErrorsOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughCorrectionsOfErrorsOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through corrections of errors, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersAbstract"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersEquityAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersEquityAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersEquityAttributableToOwnersOfParent"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersEquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersEquityAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersIssuedCapital"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersIssuedCapital" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersIssuedCapital"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersIssuedCapital_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersIssuedCapital_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, issued capital</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersNoncontrollingInterests"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersOtherEquityInterest"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersRetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersRetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersRetainedEarnings"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersRetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersRetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersSharePremium"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersSharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersSharePremium"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersSharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersSharePremium_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, share premium</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersTreasuryShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersTreasuryShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersTreasuryShares"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersTreasuryShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares transactions, treasury shares</label>
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwnersTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Treasury shares transactions, treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwners"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughOtherDistributionsToOwners" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwners"
      xlink:to="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwners_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughOtherDistributionsToOwners_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Total treasury shares transactions</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesAbstract"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquityAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquityAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquityAttributableToOwnersOfParent"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquityAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquity"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquity"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesIssuedCapital"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesIssuedCapital" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesIssuedCapital"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesIssuedCapital_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesIssuedCapital_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, issued capital</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesNoncontrollingInterests"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesOtherEquityInterest"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesRetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesRetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesRetainedEarnings"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesRetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesRetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesSharePremium"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesSharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesSharePremium"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesSharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesSharePremium_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, share premium</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesTreasuryShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesTreasuryShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesTreasuryShares"
      xlink:to="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesTreasuryShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transfers and other changes, treasury shares</label>
    <label xlink:type="resource"
      xlink:label="ifrs_IncreaseDecreaseThroughTransfersAndOtherChangesTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Increase (decrease) through transfers and other changes, treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IntangibleAssetsOtherThanGoodwill"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IntangibleAssetsOtherThanGoodwill" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IntangibleAssetsOtherThanGoodwill"
      xlink:to="ifrs_IntangibleAssetsOtherThanGoodwill_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IntangibleAssetsOtherThanGoodwill_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Intangible assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquityAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquityAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquityAbstract"
      xlink:to="ifrs_IssueOfEquityAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquityAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquityEquityAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquityEquityAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquityEquityAttributableToOwnersOfParent"
      xlink:to="ifrs_IssueOfEquityEquityAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquityEquityAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised, equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquityIssuedCapital"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquityIssuedCapital" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquityIssuedCapital"
      xlink:to="ifrs_IssueOfEquityIssuedCapital_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquityIssuedCapital_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised, issued capital</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquityNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquityNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquityNoncontrollingInterests"
      xlink:to="ifrs_IssueOfEquityNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquityNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised, non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquityOtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquityOtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquityOtherEquityInterest"
      xlink:to="ifrs_IssueOfEquityOtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquityOtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised, other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquityRetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquityRetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquityRetainedEarnings"
      xlink:to="ifrs_IssueOfEquityRetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquityRetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised, retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquitySharePremium"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquitySharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquitySharePremium"
      xlink:to="ifrs_IssueOfEquitySharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquitySharePremium_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Convertible bonds and stock options exercised, share premium</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssueOfEquity"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssueOfEquity" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssueOfEquity" xlink:to="ifrs_IssueOfEquity_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssueOfEquity_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Total convertible bonds and stock options exercised</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_IssuedCapital"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_IssuedCapital" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_IssuedCapital" xlink:to="ifrs_IssuedCapital_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_IssuedCapital_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Issued capital</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_LiabilitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_LiabilitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_LiabilitiesAbstract"
      xlink:to="ifrs_LiabilitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_LiabilitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale"
      xlink:to="ifrs_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Liabilities held for sale</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_Liabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_Liabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_Liabilities" xlink:to="ifrs_Liabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_Liabilities_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</label>
    <label xlink:type="resource"
      xlink:label="ifrs_Liabilities_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncontrollingInterests"
      xlink:to="ifrs_NoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentAssetsAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentAssetsAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentAssetsAbstract"
      xlink:to="ifrs_NoncurrentAssetsAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentAssetsAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners"
      xlink:to="ifrs_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Assets held for sale</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentAssets" xlink:to="ifrs_NoncurrentAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets</label>
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total non-current assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentLiabilitiesAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentLiabilitiesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentLiabilitiesAbstract"
      xlink:to="ifrs_NoncurrentLiabilitiesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentLiabilitiesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentLiabilities"
      xlink:to="ifrs_NoncurrentLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current liabilities</label>
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total non-current liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentPayables"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentPayables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentPayables" xlink:to="ifrs_NoncurrentPayables_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentPayables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Trade and other non-current payables</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_NoncurrentReceivables"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_NoncurrentReceivables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_NoncurrentReceivables"
      xlink:to="ifrs_NoncurrentReceivables_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_NoncurrentReceivables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Trade and other receivables</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"
      xlink:to="ifrs_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Purchase of equity or debt instruments of other entities</label>
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Purchase of equity or debt instruments of other entities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"
      xlink:to="ifrs_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from sales of equity or debt instruments of other entities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAssets"
      xlink:to="ifrs_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTaxAvailableforsaleFinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Available-for-sale financial assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTaxCashFlowHedges"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherComprehensiveIncomeBeforeTaxCashFlowHedges"
      xlink:to="ifrs_OtherComprehensiveIncomeBeforeTaxCashFlowHedges_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTaxCashFlowHedges_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash flow hedges</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation"
      xlink:to="ifrs_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Exchange differences on translation</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherComprehensiveIncomeBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherComprehensiveIncomeBeforeTax"
      xlink:to="ifrs_OtherComprehensiveIncomeBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherComprehensiveIncomeBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other comprehensive income before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherComprehensiveIncomeNetOfTaxActuarialGainsLossesOnDefinedBenefitPlans"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherComprehensiveIncomeNetOfTaxActuarialGainsLossesOnDefinedBenefitPlans" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherComprehensiveIncomeNetOfTaxActuarialGainsLossesOnDefinedBenefitPlans"
      xlink:to="ifrs_OtherComprehensiveIncomeNetOfTaxActuarialGainsLossesOnDefinedBenefitPlans_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherComprehensiveIncomeNetOfTaxActuarialGainsLossesOnDefinedBenefitPlans_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Actuarial gains (losses) on defined benefit plans, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherComprehensiveIncome"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherComprehensiveIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherComprehensiveIncome"
      xlink:to="ifrs_OtherComprehensiveIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherComprehensiveIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other comprehensive income after tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherCurrentFinancialAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherCurrentFinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherCurrentFinancialAssets"
      xlink:to="ifrs_OtherCurrentFinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCurrentFinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other financial assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherCurrentFinancialLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherCurrentFinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherCurrentFinancialLiabilities"
      xlink:to="ifrs_OtherCurrentFinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCurrentFinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other current financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherCurrentNonfinancialAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherCurrentNonfinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherCurrentNonfinancialAssets"
      xlink:to="ifrs_OtherCurrentNonfinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCurrentNonfinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other non-financial assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherCurrentNonfinancialLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherCurrentNonfinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherCurrentNonfinancialLiabilities"
      xlink:to="ifrs_OtherCurrentNonfinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherCurrentNonfinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other current non-financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherEquityInterest"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherEquityInterest" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherEquityInterest"
      xlink:to="ifrs_OtherEquityInterest_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherEquityInterest_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other components of equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherGainsLosses"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherGainsLosses" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherGainsLosses" xlink:to="ifrs_OtherGainsLosses_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherGainsLosses_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other operating income (expenses), net</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherLongtermProvisions"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherLongtermProvisions" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherLongtermProvisions"
      xlink:to="ifrs_OtherLongtermProvisions_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherLongtermProvisions_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current provisions</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherNoncurrentFinancialAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherNoncurrentFinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherNoncurrentFinancialAssets"
      xlink:to="ifrs_OtherNoncurrentFinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherNoncurrentFinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other financial assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherNoncurrentFinancialLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherNoncurrentFinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherNoncurrentFinancialLiabilities"
      xlink:to="ifrs_OtherNoncurrentFinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherNoncurrentFinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other non-current financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherNoncurrentNonfinancialAssets"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherNoncurrentNonfinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherNoncurrentNonfinancialAssets"
      xlink:to="ifrs_OtherNoncurrentNonfinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherNoncurrentNonfinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other non-financial assets</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherNoncurrentNonfinancialLiabilities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherNoncurrentNonfinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherNoncurrentNonfinancialLiabilities"
      xlink:to="ifrs_OtherNoncurrentNonfinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherNoncurrentNonfinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other non-current non-financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_OtherShorttermProvisions"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_OtherShorttermProvisions" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_OtherShorttermProvisions"
      xlink:to="ifrs_OtherShorttermProvisions_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_OtherShorttermProvisions_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current provisions</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_PaymentsToAcquireOrRedeemEntitysShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_PaymentsToAcquireOrRedeemEntitysShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_PaymentsToAcquireOrRedeemEntitysShares"
      xlink:to="ifrs_PaymentsToAcquireOrRedeemEntitysShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_PaymentsToAcquireOrRedeemEntitysShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Purchase of treasury shares</label>
    <label xlink:type="resource"
      xlink:label="ifrs_PaymentsToAcquireOrRedeemEntitysShares_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Purchase of treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProceedsFromBorrowingsClassifiedAsFinancingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProceedsFromBorrowingsClassifiedAsFinancingActivities"
      xlink:to="ifrs_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from borrowings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProceedsFromIssuingShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProceedsFromIssuingShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProceedsFromIssuingShares"
      xlink:to="ifrs_ProceedsFromIssuingShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProceedsFromIssuingShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from issuing shares (share-based compensation)</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities"
      xlink:to="ifrs_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from sales of intangible assets or property, plant and equipment</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProfitLossAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProfitLossAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProfitLossAbstract" xlink:to="ifrs_ProfitLossAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProfitLossAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) after tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProfitLossAttributableToAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProfitLossAttributableToAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProfitLossAttributableToAbstract"
      xlink:to="ifrs_ProfitLossAttributableToAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProfitLossAttributableToAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) attributable to</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProfitLossAttributableToNoncontrollingInterests"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProfitLossAttributableToNoncontrollingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProfitLossAttributableToNoncontrollingInterests"
      xlink:to="ifrs_ProfitLossAttributableToNoncontrollingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProfitLossAttributableToNoncontrollingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) attributable to non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProfitLossAttributableToOwnersOfParent"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProfitLossAttributableToOwnersOfParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProfitLossAttributableToOwnersOfParent"
      xlink:to="ifrs_ProfitLossAttributableToOwnersOfParent_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProfitLossAttributableToOwnersOfParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProfitLossBeforeTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProfitLossBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProfitLossBeforeTax"
      xlink:to="ifrs_ProfitLossBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProfitLossBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ProfitLoss"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ProfitLoss" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ProfitLoss" xlink:to="ifrs_ProfitLoss_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ProfitLoss_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) after tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_PropertyPlantAndEquipment"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_PropertyPlantAndEquipment" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_PropertyPlantAndEquipment"
      xlink:to="ifrs_PropertyPlantAndEquipment_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_PropertyPlantAndEquipment_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"
      xlink:to="ifrs_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Purchase of intangible assets and property, plant, and equipment</label>
    <label xlink:type="resource"
      xlink:label="ifrs_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Purchase of intangible assets and property, plant, and equipment</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsBeforeTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsBeforeTax"
      xlink:to="ifrs_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Reclassification adjustments on available-for-sale financial assets, before tax</label>
    <label xlink:type="resource"
      xlink:label="ifrs_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Reclassification adjustments on available-for-sale financial assets, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax"
      xlink:to="ifrs_ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Reclassification adjustments on cash flow hedges, before tax</label>
    <label xlink:type="resource"
      xlink:label="ifrs_ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Reclassification adjustments on cash flow hedges, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax"
      xlink:to="ifrs_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Reclassification adjustments on exchange differences on translation, before tax</label>
    <label xlink:type="resource"
      xlink:label="ifrs_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Reclassification adjustments on exchange differences on translation, before tax</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"
      xlink:to="ifrs_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Repayments of borrowings</label>
    <label xlink:type="resource"
      xlink:label="ifrs_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Repayments of borrowings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_RetainedEarnings"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_RetainedEarnings" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_RetainedEarnings" xlink:to="ifrs_RetainedEarnings_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_RetainedEarnings_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Retained earnings</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_RevenueAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_RevenueAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_RevenueAbstract" xlink:to="ifrs_RevenueAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_RevenueAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Revenue</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_Revenue"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_Revenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_Revenue" xlink:to="ifrs_Revenue_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_Revenue_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Total Revenue</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_SharePremium"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_SharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_SharePremium" xlink:to="ifrs_SharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_SharePremium_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Share premium</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_StatementOfCashFlowsAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_StatementOfCashFlowsAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_StatementOfCashFlowsAbstract"
      xlink:to="ifrs_StatementOfCashFlowsAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_StatementOfCashFlowsAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Consolidated statement of cash flows</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_StatementOfChangesInEquityAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_StatementOfChangesInEquityAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_StatementOfChangesInEquityAbstract"
      xlink:to="ifrs_StatementOfChangesInEquityAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_StatementOfChangesInEquityAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Statement of changes in equity</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_StatementOfComprehensiveIncomeAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_StatementOfComprehensiveIncomeAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_StatementOfComprehensiveIncomeAbstract"
      xlink:to="ifrs_StatementOfComprehensiveIncomeAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_StatementOfComprehensiveIncomeAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Consolidated statement of comprehensive income</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_StatementOfFinancialPositionAbstract"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_StatementOfFinancialPositionAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_StatementOfFinancialPositionAbstract"
      xlink:to="ifrs_StatementOfFinancialPositionAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_StatementOfFinancialPositionAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Consolidated statement of financial position</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_TradeAndOtherCurrentPayables"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_TradeAndOtherCurrentPayables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_TradeAndOtherCurrentPayables"
      xlink:to="ifrs_TradeAndOtherCurrentPayables_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_TradeAndOtherCurrentPayables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Trade and other payables</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_TradeAndOtherCurrentReceivables"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_TradeAndOtherCurrentReceivables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_TradeAndOtherCurrentReceivables"
      xlink:to="ifrs_TradeAndOtherCurrentReceivables_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_TradeAndOtherCurrentReceivables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Trade and other receivables</label>
    <loc xlink:type="locator"
      xlink:label="ifrs_TreasuryShares"
      xlink:href="http://xbrl.iasb.org/taxonomy/2009-04-01/ifrs-cor_2009-04-01.xsd#ifrs_TreasuryShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="ifrs_TreasuryShares" xlink:to="ifrs_TreasuryShares_lbl" />
    <label xlink:type="resource"
      xlink:label="ifrs_TreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Treasury shares</label>
    <label xlink:type="resource"
      xlink:label="ifrs_TreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="sap_CashTransferedToRestrictedCash"
      xlink:href="sap-20100331.xsd#sap_CashTransferedToRestrictedCash" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_CashTransferedToRestrictedCash"
      xlink:to="sap_CashTransferedToRestrictedCash_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_CashTransferedToRestrictedCash_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cash transfered to restricted cash</label>
    <loc xlink:type="locator"
      xlink:label="sap_ConsultingRevenue"
      xlink:href="sap-20100331.xsd#sap_ConsultingRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ConsultingRevenue" xlink:to="sap_ConsultingRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ConsultingRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Consulting revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_CostProfessionalServicesOtherServices"
      xlink:href="sap-20100331.xsd#sap_CostProfessionalServicesOtherServices" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_CostProfessionalServicesOtherServices"
      xlink:to="sap_CostProfessionalServicesOtherServices_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_CostProfessionalServicesOtherServices_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cost of professional services and other services</label>
    <loc xlink:type="locator"
      xlink:label="sap_CostSoftwareSoftwareRelatedServices"
      xlink:href="sap-20100331.xsd#sap_CostSoftwareSoftwareRelatedServices" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_CostSoftwareSoftwareRelatedServices"
      xlink:to="sap_CostSoftwareSoftwareRelatedServices_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_CostSoftwareSoftwareRelatedServices_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Cost of software and software-related services</label>
    <loc xlink:type="locator"
      xlink:label="sap_CurrentBankLoans"
      xlink:href="sap-20100331.xsd#sap_CurrentBankLoans" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_CurrentBankLoans" xlink:to="sap_CurrentBankLoans_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_CurrentBankLoans_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current bank loans</label>
    <loc xlink:type="locator"
      xlink:label="sap_CurrentDeferredIncome"
      xlink:href="sap-20100331.xsd#sap_CurrentDeferredIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_CurrentDeferredIncome"
      xlink:to="sap_CurrentDeferredIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_CurrentDeferredIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current deferred income</label>
    <loc xlink:type="locator"
      xlink:label="sap_CurrentFinancialLiabilities"
      xlink:href="sap-20100331.xsd#sap_CurrentFinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_CurrentFinancialLiabilities"
      xlink:to="sap_CurrentFinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_CurrentFinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Current financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="sap_DecreaseIncreaseInAllowanceAccountsOnTradeReceivables"
      xlink:href="sap-20100331.xsd#sap_DecreaseIncreaseInAllowanceAccountsOnTradeReceivables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DecreaseIncreaseInAllowanceAccountsOnTradeReceivables"
      xlink:to="sap_DecreaseIncreaseInAllowanceAccountsOnTradeReceivables_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DecreaseIncreaseInAllowanceAccountsOnTradeReceivables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Decrease (increase) in sales and bad debt allowances on trade receivables</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureBoardDirectors"
      xlink:href="sap-20100331.xsd#sap_DisclosureBoardDirectors" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureBoardDirectors"
      xlink:to="sap_DisclosureBoardDirectors_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureBoardDirectors_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of board of directors</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureDeferredIncome"
      xlink:href="sap-20100331.xsd#sap_DisclosureDeferredIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureDeferredIncome"
      xlink:to="sap_DisclosureDeferredIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureDeferredIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of deferred income</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureFinancialRiskManagement"
      xlink:href="sap-20100331.xsd#sap_DisclosureFinancialRiskManagement" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureFinancialRiskManagement"
      xlink:to="sap_DisclosureFinancialRiskManagement_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureFinancialRiskManagement_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of financial risk management</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfExpensesByNatureAndHeadcount"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfExpensesByNatureAndHeadcount" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfExpensesByNatureAndHeadcount"
      xlink:to="sap_DisclosureOfExpensesByNatureAndHeadcount_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfExpensesByNatureAndHeadcount_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of expenses by nature and headcount</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfFinancialIncomeNet"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfFinancialIncomeNet" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfFinancialIncomeNet"
      xlink:to="sap_DisclosureOfFinancialIncomeNet_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfFinancialIncomeNet_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of financial income, net</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfFinancialRiskFactors"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfFinancialRiskFactors" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfFinancialRiskFactors"
      xlink:to="sap_DisclosureOfFinancialRiskFactors_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfFinancialRiskFactors_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of financial risk factors</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfGeneralInformationAboutConsolidatedFinancialStatements"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfGeneralInformationAboutConsolidatedFinancialStatements" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfGeneralInformationAboutConsolidatedFinancialStatements"
      xlink:to="sap_DisclosureOfGeneralInformationAboutConsolidatedFinancialStatements_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfGeneralInformationAboutConsolidatedFinancialStatements_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of general information</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfOtherFinancialCommitmentsAndContingentLiabilities"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfOtherFinancialCommitmentsAndContingentLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfOtherFinancialCommitmentsAndContingentLiabilities"
      xlink:to="sap_DisclosureOfOtherFinancialCommitmentsAndContingentLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfOtherFinancialCommitmentsAndContingentLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of other financial commitments and contingent liabilities</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfOtherFinancialStatements"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfOtherFinancialStatements" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfOtherFinancialStatements"
      xlink:to="sap_DisclosureOfOtherFinancialStatements_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfOtherFinancialStatements_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of other financial statements</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfOtherNon-FinancialAssets"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfOtherNon-FinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfOtherNon-FinancialAssets"
      xlink:to="sap_DisclosureOfOtherNon-FinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfOtherNon-FinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of other non-financial assets</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfOtherNon-OperatingIncomeExpenseNet"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfOtherNon-OperatingIncomeExpenseNet" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfOtherNon-OperatingIncomeExpenseNet"
      xlink:to="sap_DisclosureOfOtherNon-OperatingIncomeExpenseNet_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfOtherNon-OperatingIncomeExpenseNet_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of other non-operating income (expense), net</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfPropertyPlantAndEquipment"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfPropertyPlantAndEquipment" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfPropertyPlantAndEquipment"
      xlink:to="sap_DisclosureOfPropertyPlantAndEquipment_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfPropertyPlantAndEquipment_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of property, plant and equipment</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfProvisions"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfProvisions" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfProvisions"
      xlink:to="sap_DisclosureOfProvisions_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfProvisions_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of provisions</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfRestructuringExpenses"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfRestructuringExpenses" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfRestructuringExpenses"
      xlink:to="sap_DisclosureOfRestructuringExpenses_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfRestructuringExpenses_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of restructuring expenses</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfScopeConsolidation"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfScopeConsolidation" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfScopeConsolidation"
      xlink:to="sap_DisclosureOfScopeConsolidation_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfScopeConsolidation_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of scope of consolidation</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfSubsidiariesAssociatesOtherEquityInvestments"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfSubsidiariesAssociatesOtherEquityInvestments" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfSubsidiariesAssociatesOtherEquityInvestments"
      xlink:to="sap_DisclosureOfSubsidiariesAssociatesOtherEquityInvestments_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfSubsidiariesAssociatesOtherEquityInvestments_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of subsidiaries, associates, and other equity investments</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfTradeAndOtherReceivables"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfTradeAndOtherReceivables" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfTradeAndOtherReceivables"
      xlink:to="sap_DisclosureOfTradeAndOtherReceivables_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfTradeAndOtherReceivables_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of trade and other receivables</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureOfTradeOtherPayablesFinancialLiabilitiesAndOtherNon-FinancialLiabilities"
      xlink:href="sap-20100331.xsd#sap_DisclosureOfTradeOtherPayablesFinancialLiabilitiesAndOtherNon-FinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureOfTradeOtherPayablesFinancialLiabilitiesAndOtherNon-FinancialLiabilities"
      xlink:to="sap_DisclosureOfTradeOtherPayablesFinancialLiabilitiesAndOtherNon-FinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureOfTradeOtherPayablesFinancialLiabilitiesAndOtherNon-FinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of trade and other payables, financial liabilities and other non-financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosurePrincipalAccountantFeesAndServices"
      xlink:href="sap-20100331.xsd#sap_DisclosurePrincipalAccountantFeesAndServices" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosurePrincipalAccountantFeesAndServices"
      xlink:to="sap_DisclosurePrincipalAccountantFeesAndServices_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosurePrincipalAccountantFeesAndServices_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of principal accountant fees and services</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureTotalEquity"
      xlink:href="sap-20100331.xsd#sap_DisclosureTotalEquity" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureTotalEquity"
      xlink:to="sap_DisclosureTotalEquity_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureTotalEquity_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of total equity</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureofGermanCodeCorporateGovernance"
      xlink:href="sap-20100331.xsd#sap_DisclosureofGermanCodeCorporateGovernance" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureofGermanCodeCorporateGovernance"
      xlink:to="sap_DisclosureofGermanCodeCorporateGovernance_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureofGermanCodeCorporateGovernance_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of german code of corporate governance</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureofGoodwillAndIntangibleAssets"
      xlink:href="sap-20100331.xsd#sap_DisclosureofGoodwillAndIntangibleAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureofGoodwillAndIntangibleAssets"
      xlink:to="sap_DisclosureofGoodwillAndIntangibleAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureofGoodwillAndIntangibleAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of goodwill and intangible assets</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureofLitigationAndClaims"
      xlink:href="sap-20100331.xsd#sap_DisclosureofLitigationAndClaims" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureofLitigationAndClaims"
      xlink:to="sap_DisclosureofLitigationAndClaims_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureofLitigationAndClaims_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of litigation and claims</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosureofSubsequentEvents"
      xlink:href="sap-20100331.xsd#sap_DisclosureofSubsequentEvents" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosureofSubsequentEvents"
      xlink:to="sap_DisclosureofSubsequentEvents_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosureofSubsequentEvents_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of subsequent events</label>
    <loc xlink:type="locator"
      xlink:label="sap_DisclosuresOfAdditionalCapital"
      xlink:href="sap-20100331.xsd#sap_DisclosuresOfAdditionalCapital" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_DisclosuresOfAdditionalCapital"
      xlink:to="sap_DisclosuresOfAdditionalCapital_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_DisclosuresOfAdditionalCapital_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosures of additional capital</label>
    <loc xlink:type="locator"
      xlink:label="sap_FinanceCosts"
      xlink:href="sap-20100331.xsd#sap_FinanceCosts" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_FinanceCosts" xlink:to="sap_FinanceCosts_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_FinanceCosts_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Finance costs</label>
    <loc xlink:type="locator"
      xlink:label="sap_FinanceIncome"
      xlink:href="sap-20100331.xsd#sap_FinanceIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_FinanceIncome" xlink:to="sap_FinanceIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_FinanceIncome_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Finance income</label>
    <loc xlink:type="locator"
      xlink:label="sap_FinancialIncomeNetAbstract"
      xlink:href="sap-20100331.xsd#sap_FinancialIncomeNetAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_FinancialIncomeNetAbstract"
      xlink:to="sap_FinancialIncomeNetAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_FinancialIncomeNetAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Financial income, net</label>
    <loc xlink:type="locator"
      xlink:label="sap_FinancialIncomeNet"
      xlink:href="sap-20100331.xsd#sap_FinancialIncomeNet" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_FinancialIncomeNet" xlink:to="sap_FinancialIncomeNet_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_FinancialIncomeNet_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Financial income, net</label>
    <loc xlink:type="locator"
      xlink:label="sap_GainsLossesOnDisposalFinancialAssets"
      xlink:href="sap-20100331.xsd#sap_GainsLossesOnDisposalFinancialAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_GainsLossesOnDisposalFinancialAssets"
      xlink:to="sap_GainsLossesOnDisposalFinancialAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_GainsLossesOnDisposalFinancialAssets_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on disposals of financial assets</label>
    <loc xlink:type="locator"
      xlink:label="sap_NoncurrentBankLoans"
      xlink:href="sap-20100331.xsd#sap_NoncurrentBankLoans" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_NoncurrentBankLoans" xlink:to="sap_NoncurrentBankLoans_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_NoncurrentBankLoans_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current bank loans</label>
    <loc xlink:type="locator"
      xlink:label="sap_NoncurrentDeferredIncome"
      xlink:href="sap-20100331.xsd#sap_NoncurrentDeferredIncome" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_NoncurrentDeferredIncome"
      xlink:to="sap_NoncurrentDeferredIncome_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_NoncurrentDeferredIncome_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current deferred income</label>
    <loc xlink:type="locator"
      xlink:label="sap_NoncurrentFinancialLiabilities"
      xlink:href="sap-20100331.xsd#sap_NoncurrentFinancialLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_NoncurrentFinancialLiabilities"
      xlink:to="sap_NoncurrentFinancialLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_NoncurrentFinancialLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current financial liabilities</label>
    <loc xlink:type="locator"
      xlink:label="sap_NoncurrentTaxLiabilities"
      xlink:href="sap-20100331.xsd#sap_NoncurrentTaxLiabilities" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_NoncurrentTaxLiabilities"
      xlink:to="sap_NoncurrentTaxLiabilities_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_NoncurrentTaxLiabilities_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Non-current tax liabilities</label>
    <loc xlink:type="locator"
      xlink:label="sap_NotesToFinancialStatements"
      xlink:href="sap-20100331.xsd#sap_NotesToFinancialStatements" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_NotesToFinancialStatements"
      xlink:to="sap_NotesToFinancialStatements_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_NotesToFinancialStatements_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Notes to Financial Statements</label>
    <loc xlink:type="locator"
      xlink:label="sap_OperatingExpensesAbstract"
      xlink:href="sap-20100331.xsd#sap_OperatingExpensesAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OperatingExpensesAbstract"
      xlink:to="sap_OperatingExpensesAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OperatingExpensesAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Operating expenses</label>
    <loc xlink:type="locator"
      xlink:label="sap_OperatingExpenses"
      xlink:href="sap-20100331.xsd#sap_OperatingExpenses" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OperatingExpenses" xlink:to="sap_OperatingExpenses_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OperatingExpenses_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Operating expenses</label>
    <label xlink:type="resource"
      xlink:label="sap_OperatingExpenses_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total operating expenses</label>
    <loc xlink:type="locator"
      xlink:label="sap_OperatingProfitAbstract"
      xlink:href="sap-20100331.xsd#sap_OperatingProfitAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OperatingProfitAbstract"
      xlink:to="sap_OperatingProfitAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OperatingProfitAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Operating profit</label>
    <loc xlink:type="locator"
      xlink:label="sap_OperatingProfit"
      xlink:href="sap-20100331.xsd#sap_OperatingProfit" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OperatingProfit" xlink:to="sap_OperatingProfit_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OperatingProfit_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Operating profit</label>
    <loc xlink:type="locator"
      xlink:label="sap_OtherFinancialGainsLossesNet"
      xlink:href="sap-20100331.xsd#sap_OtherFinancialGainsLossesNet" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OtherFinancialGainsLossesNet"
      xlink:to="sap_OtherFinancialGainsLossesNet_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OtherFinancialGainsLossesNet_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other financial gains (losses), net</label>
    <loc xlink:type="locator"
      xlink:label="sap_OtherNonOperatingIncomeExpensesNet"
      xlink:href="sap-20100331.xsd#sap_OtherNonOperatingIncomeExpensesNet" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OtherNonOperatingIncomeExpensesNet"
      xlink:to="sap_OtherNonOperatingIncomeExpensesNet_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OtherNonOperatingIncomeExpensesNet_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other non-operating income (expenses), net</label>
    <loc xlink:type="locator"
      xlink:label="sap_OtherOperatingIncomeExpenseNetTextBlock"
      xlink:href="sap-20100331.xsd#sap_OtherOperatingIncomeExpenseNetTextBlock" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OtherOperatingIncomeExpenseNetTextBlock"
      xlink:to="sap_OtherOperatingIncomeExpenseNetTextBlock_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OtherOperatingIncomeExpenseNetTextBlock_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of other operating income (expense), net</label>
    <loc xlink:type="locator"
      xlink:label="sap_OtherRevenue"
      xlink:href="sap-20100331.xsd#sap_OtherRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OtherRevenue" xlink:to="sap_OtherRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OtherRevenue_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_OtherServiceRevenue"
      xlink:href="sap-20100331.xsd#sap_OtherServiceRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_OtherServiceRevenue" xlink:to="sap_OtherServiceRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_OtherServiceRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Other service revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_ProceedsFromExerciseEquity-basedDerivativeFinancialInstruments"
      xlink:href="sap-20100331.xsd#sap_ProceedsFromExerciseEquity-basedDerivativeFinancialInstruments" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ProceedsFromExerciseEquity-basedDerivativeFinancialInstruments"
      xlink:to="sap_ProceedsFromExerciseEquity-basedDerivativeFinancialInstruments_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ProceedsFromExerciseEquity-basedDerivativeFinancialInstruments_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from the exercise of equity-based derivative financial instruments</label>
    <label xlink:type="resource"
      xlink:label="sap_ProceedsFromExerciseEquity-basedDerivativeFinancialInstruments_lbl"
      xml:lang="en-US"
      xlink:role="http://xbrl.iasb.org/role/label/labelNegated">Proceeds from the exercise of equity-based derivative financial instruments</label>
    <loc xlink:type="locator"
      xlink:label="sap_ProceedsFromReissuanceTreasuryShares"
      xlink:href="sap-20100331.xsd#sap_ProceedsFromReissuanceTreasuryShares" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ProceedsFromReissuanceTreasuryShares"
      xlink:to="sap_ProceedsFromReissuanceTreasuryShares_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ProceedsFromReissuanceTreasuryShares_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from reissuance of treasury shares</label>
    <loc xlink:type="locator"
      xlink:label="sap_ProfessionalServicesOtherServiceRevenue"
      xlink:href="sap-20100331.xsd#sap_ProfessionalServicesOtherServiceRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ProfessionalServicesOtherServiceRevenue"
      xlink:to="sap_ProfessionalServicesOtherServiceRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ProfessionalServicesOtherServiceRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Professional services and other service revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_ProfitLossBeforeTax"
      xlink:href="sap-20100331.xsd#sap_ProfitLossBeforeTax" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ProfitLossBeforeTax" xlink:to="sap_ProfitLossBeforeTax_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ProfitLossBeforeTax_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) before tax</label>
    <loc xlink:type="locator"
      xlink:label="sap_PurchaseEquityBasedDerivativeInstrumentsHedgeForCashSettledShareBasedPaymentPlans"
      xlink:href="sap-20100331.xsd#sap_PurchaseEquityBasedDerivativeInstrumentsHedgeForCashSettledShareBasedPaymentPlans" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_PurchaseEquityBasedDerivativeInstrumentsHedgeForCashSettledShareBasedPaymentPlans"
      xlink:to="sap_PurchaseEquityBasedDerivativeInstrumentsHedgeForCashSettledShareBasedPaymentPlans_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_PurchaseEquityBasedDerivativeInstrumentsHedgeForCashSettledShareBasedPaymentPlans_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Purchase of equity-based derivative instruments (hedge for cash-settled share-based payment plans)</label>
    <loc xlink:type="locator"
      xlink:label="sap_RepaymentAcquireesDebtInBusinessCombinations"
      xlink:href="sap-20100331.xsd#sap_RepaymentAcquireesDebtInBusinessCombinations" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_RepaymentAcquireesDebtInBusinessCombinations"
      xlink:to="sap_RepaymentAcquireesDebtInBusinessCombinations_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_RepaymentAcquireesDebtInBusinessCombinations_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Repayment of acquirees debt in business combinations</label>
    <loc xlink:type="locator"
      xlink:label="sap_ResearchDevelopment"
      xlink:href="sap-20100331.xsd#sap_ResearchDevelopment" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ResearchDevelopment" xlink:to="sap_ResearchDevelopment_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ResearchDevelopment_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Research and development</label>
    <loc xlink:type="locator"
      xlink:label="sap_RestructuringCosts"
      xlink:href="sap-20100331.xsd#sap_RestructuringCosts" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_RestructuringCosts" xlink:to="sap_RestructuringCosts_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_RestructuringCosts_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Restructuring</label>
    <loc xlink:type="locator"
      xlink:label="sap_Share-basedCompensationEquityAttributableToOwnersParent"
      xlink:href="sap-20100331.xsd#sap_Share-basedCompensationEquityAttributableToOwnersParent" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_Share-basedCompensationEquityAttributableToOwnersParent"
      xlink:to="sap_Share-basedCompensationEquityAttributableToOwnersParent_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_Share-basedCompensationEquityAttributableToOwnersParent_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation, equity attributable to owners of parent</label>
    <loc xlink:type="locator"
      xlink:label="sap_Share-basedCompensationNon-controllingInterests"
      xlink:href="sap-20100331.xsd#sap_Share-basedCompensationNon-controllingInterests" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_Share-basedCompensationNon-controllingInterests"
      xlink:to="sap_Share-basedCompensationNon-controllingInterests_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_Share-basedCompensationNon-controllingInterests_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation, non-controlling interests</label>
    <loc xlink:type="locator"
      xlink:label="sap_Share-basedCompensationSharePremium"
      xlink:href="sap-20100331.xsd#sap_Share-basedCompensationSharePremium" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_Share-basedCompensationSharePremium"
      xlink:to="sap_Share-basedCompensationSharePremium_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_Share-basedCompensationSharePremium_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation, share premium</label>
    <loc xlink:type="locator"
      xlink:label="sap_ShareBasedCompensationAbstract"
      xlink:href="sap-20100331.xsd#sap_ShareBasedCompensationAbstract" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ShareBasedCompensationAbstract"
      xlink:to="sap_ShareBasedCompensationAbstract_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ShareBasedCompensationAbstract_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation</label>
    <loc xlink:type="locator"
      xlink:label="sap_ShareBasedCompensation"
      xlink:href="sap-20100331.xsd#sap_ShareBasedCompensation" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_ShareBasedCompensation"
      xlink:to="sap_ShareBasedCompensation_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_ShareBasedCompensation_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Share-based compensation</label>
    <label xlink:type="resource"
      xlink:label="sap_ShareBasedCompensation_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total share-based compensation</label>
    <loc xlink:type="locator"
      xlink:label="sap_SoftwareRevenue"
      xlink:href="sap-20100331.xsd#sap_SoftwareRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_SoftwareRevenue" xlink:to="sap_SoftwareRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_SoftwareRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Software revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_SoftwareSoftwareRelatedServiceRevenue"
      xlink:href="sap-20100331.xsd#sap_SoftwareSoftwareRelatedServiceRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_SoftwareSoftwareRelatedServiceRevenue"
      xlink:to="sap_SoftwareSoftwareRelatedServiceRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_SoftwareSoftwareRelatedServiceRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Software and software-related service revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_SubscriptionOtherSoftwareRelatedServiceRevenue"
      xlink:href="sap-20100331.xsd#sap_SubscriptionOtherSoftwareRelatedServiceRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_SubscriptionOtherSoftwareRelatedServiceRevenue"
      xlink:to="sap_SubscriptionOtherSoftwareRelatedServiceRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_SubscriptionOtherSoftwareRelatedServiceRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Subscription and other software-related service revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_SupportRevenue"
      xlink:href="sap-20100331.xsd#sap_SupportRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_SupportRevenue" xlink:to="sap_SupportRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_SupportRevenue_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Support revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_TaxAssets"
      xlink:href="sap-20100331.xsd#sap_TaxAssets" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_TaxAssets" xlink:to="sap_TaxAssets_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_TaxAssets_lbl" xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Tax Assets</label>
    <loc xlink:type="locator"
      xlink:label="sap_TrainingRevenue"
      xlink:href="sap-20100331.xsd#sap_TrainingRevenue" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_TrainingRevenue" xlink:to="sap_TrainingRevenue_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_TrainingRevenue_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Training revenue</label>
    <loc xlink:type="locator"
      xlink:label="sap_UseRestrictedCash"
      xlink:href="sap-20100331.xsd#sap_UseRestrictedCash" />
    <labelArc xlink:type="arc"
      xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"
      xlink:from="sap_UseRestrictedCash" xlink:to="sap_UseRestrictedCash_lbl" />
    <label xlink:type="resource"
      xlink:label="sap_UseRestrictedCash_lbl"
      xml:lang="en-US"
      xlink:role="http://www.xbrl.org/2003/role/label">Use of restricted cash</label>
  </labelLink>
</linkbase>