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    <label xlink:label="label_cocacolahbcag_cocacolahbcagPaymentsForInvestmentsInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_Standard" id="cocacolahbcag_cocacolahbcagPaymentsForInvestmentsInFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payments for investments in financial assets at fair value through other comprehensive income classified as investing activities</label>
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    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfBasisOfPreparationAndConsolidation_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfBasisOfPreparationAndConsolidation_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of basis of preparation and consolidation</label>
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    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfTaxation_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfTaxation_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of taxation</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointArrangements_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointArrangements_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for investment in associates and joint arrangements</label>
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    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForProvisionsAndTerminationBenefits_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForProvisionsAndTerminationBenefits_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for provisions and termination benefits</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfCapitalRisk_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfCapitalRisk_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of capital risk </label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDisclosureOfNetDebt_Standard" id="cocacolahbcag_cocacolahbcagDisclosureOfNetDebt_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of net debt</label>
    <label xlink:label="label_cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForNetDebt_Standard" id="cocacolahbcag_cocacolahbcagDescriptionOfAccountingPolicyForNetDebt_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Description of accounting policy for net debt</label>
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